Stony Point Capital LLC Grows Stock Holdings in Palo Alto Networks, Inc. $PANW

Key Points

• Stony Point Capital LLC increased its stake in Palo Alto Networks by 152.2%, owning a total of 327,785 shares valued at approximately $55.9 million, making it the largest position in its portfolio.
• Palo Alto Networks reported an earnings per share (EPS) of $0.95 for the last quarter, surpassing analyst estimates of $0.89, with revenues of $2.54 billion, marking a 15.8% year-over-year increase.
• As of recent analysis, Palo Alto Networks has received a primarily positive outlook with 28 analysts rating it as a Buy, while the average price target stands at $211.52.

Stony Point Capital LLC raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 152.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 327,785 shares of the network technology company's stock after buying an additional 197,791 shares during the quarter. Palo Alto Networks comprises about 5.8% of Stony Point Capital LLC's portfolio, making the stock its largest position. Stony Point Capital LLC's holdings in Palo Alto Networks were worth $55,933,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in PANW. Capital A Wealth Management LLC acquired a new stake in shares of Palo Alto Networks in the 4th quarter valued at approximately $29,000. HWG Holdings LP acquired a new stake in shares of Palo Alto Networks in the 1st quarter valued at approximately $31,000. Dagco Inc. acquired a new stake in shares of Palo Alto Networks in the 1st quarter valued at approximately $33,000. SWAN Capital LLC boosted its stake in shares of Palo Alto Networks by 100.0% in the 4th quarter. SWAN Capital LLC now owns 200 shares of the network technology company's stock valued at $36,000 after purchasing an additional 100 shares in the last quarter. Finally, WPG Advisers LLC acquired a new stake in shares of Palo Alto Networks in the 1st quarter valued at approximately $37,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Palo Alto Networks Price Performance

NASDAQ:PANW opened at $191.02 on Friday. The firm's 50 day simple moving average is $189.57 and its 200 day simple moving average is $186.21. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $210.39. The company has a market cap of $127.37 billion, a PE ratio of 119.02, a P/E/G ratio of 4.59 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period last year, the company earned $0.75 EPS. The firm's revenue was up 15.8% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Equities research analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Activity

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the firm's stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $195.14, for a total transaction of $23,567,838.36. Following the completion of the transaction, the executive vice president owned 264,246 shares in the company, valued at approximately $51,564,964.44. This trade represents a 31.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Nir Zuk sold 100,000 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the transaction, the executive vice president owned 3,143,516 shares of the company's stock, valued at approximately $543,199,564.80. The trade was a 3.08% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 669,422 shares of company stock worth $126,452,337 in the last 90 days. 2.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Northland Securities reduced their price target on shares of Palo Alto Networks from $210.00 to $177.00 and set a "market perform" rating on the stock in a research note on Wednesday, May 21st. UBS Group set a $185.00 price target on shares of Palo Alto Networks and gave the company a "neutral" rating in a research note on Tuesday, August 12th. Wells Fargo & Company raised their price target on shares of Palo Alto Networks from $225.00 to $235.00 and gave the company an "overweight" rating in a research note on Wednesday, May 21st. Scotiabank raised their price target on shares of Palo Alto Networks from $225.00 to $228.00 and gave the company a "sector outperform" rating in a research note on Tuesday, August 19th. Finally, Stephens reiterated an "equal weight" rating and set a $205.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Twenty-eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $211.52.

Palo Alto Networks Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

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