Uhlmann Price Securities LLC Buys New Stake in Palo Alto Networks, Inc. $PANW

Key Points

• Uhlmann Price Securities LLC has acquired a new stake in Palo Alto Networks, purchasing 1,300 shares valued at approximately $266,000 during the second quarter.
• Palo Alto Networks reported strong quarterly earnings, with $0.95 earnings per share and revenue of $2.54 billion, exceeding analyst expectations.
• Institutional investors currently hold 79.82% of Palo Alto Networks' stock, reflecting significant interest from major financial entities.

Uhlmann Price Securities LLC purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,300 shares of the network technology company's stock, valued at approximately $266,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northeast Investment Management boosted its position in Palo Alto Networks by 32.2% in the second quarter. Northeast Investment Management now owns 131,441 shares of the network technology company's stock valued at $26,898,000 after buying an additional 31,981 shares in the last quarter. Chicago Partners Investment Group LLC boosted its position in Palo Alto Networks by 24.1% in the second quarter. Chicago Partners Investment Group LLC now owns 4,984 shares of the network technology company's stock valued at $993,000 after buying an additional 969 shares in the last quarter. John G Ullman & Associates Inc. boosted its position in Palo Alto Networks by 15.3% in the second quarter. John G Ullman & Associates Inc. now owns 2,256 shares of the network technology company's stock valued at $462,000 after buying an additional 300 shares in the last quarter. Joseph P. Lucia & Associates LLC acquired a new position in Palo Alto Networks in the second quarter valued at about $228,000. Finally, International Assets Investment Management LLC boosted its position in Palo Alto Networks by 12.6% in the second quarter. International Assets Investment Management LLC now owns 21,534 shares of the network technology company's stock valued at $4,407,000 after buying an additional 2,412 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Palo Alto Networks Price Performance

PANW opened at $207.89 on Monday. The company has a market cap of $139.06 billion, a price-to-earnings ratio of 129.53, a price-to-earnings-growth ratio of 4.94 and a beta of 0.98. The firm has a 50 day simple moving average of $196.80 and a 200 day simple moving average of $190.59. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $217.94.

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

Analyst Upgrades and Downgrades

A number of equities analysts have commented on PANW shares. KeyCorp lowered shares of Palo Alto Networks from an "overweight" rating to a "sector weight" rating in a research report on Thursday, July 31st. Needham & Company LLC reiterated a "buy" rating and set a $230.00 target price on shares of Palo Alto Networks in a research report on Wednesday, September 3rd. Morgan Stanley upped their target price on shares of Palo Alto Networks from $210.00 to $216.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 2nd. Mizuho upped their target price on shares of Palo Alto Networks from $210.00 to $220.00 and gave the stock an "outperform" rating in a research report on Friday. Finally, Truist Financial set a $220.00 target price on shares of Palo Alto Networks and gave the stock a "buy" rating in a research report on Tuesday, August 19th. Thirty analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $216.60.

Insider Buying and Selling at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total transaction of $141,512.00. Following the completion of the sale, the chief accounting officer directly owned 32,474 shares of the company's stock, valued at $6,564,943.84. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Nikesh Arora sold 846,408 shares of the business's stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer directly owned 275,013 shares of the company's stock, valued at approximately $56,119,152.78. This trade represents a 75.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,315,130 shares of company stock valued at $260,687,367 over the last 90 days. Company insiders own 2.50% of the company's stock.

Palo Alto Networks Company 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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