UniSuper Management Pty Ltd Raises Stock Position in Palo Alto Networks, Inc. $PANW

Key Points

• UniSuper Management Pty Ltd increased its holdings in Palo Alto Networks, Inc. by 221.4%, now owning 129,484 shares valued at $22.1 million.
• Several hedge funds, including Nuveen LLC and Goldman Sachs Group Inc., have also significantly raised their stakes in Palo Alto Networks, highlighting strong institutional interest in the company.
• Palo Alto Networks reported a quarterly earnings per share (EPS) of $0.95, exceeding analyst expectations, and anticipates an EPS of 3.750-3.850 for FY 2026.

UniSuper Management Pty Ltd increased its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 221.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 129,484 shares of the network technology company's stock after buying an additional 89,196 shares during the period. UniSuper Management Pty Ltd's holdings in Palo Alto Networks were worth $22,095,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Capital A Wealth Management LLC acquired a new position in shares of Palo Alto Networks in the 4th quarter worth approximately $29,000. HWG Holdings LP acquired a new position in shares of Palo Alto Networks in the 1st quarter worth approximately $31,000. Dagco Inc. acquired a new position in shares of Palo Alto Networks in the 1st quarter worth approximately $33,000. SWAN Capital LLC lifted its position 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 worth $36,000 after purchasing an additional 100 shares during the period. Finally, Glen Eagle Advisors LLC lifted its position in shares of Palo Alto Networks by 100.0% in the 4th quarter. Glen Eagle Advisors LLC now owns 212 shares of the network technology company's stock worth $39,000 after purchasing an additional 106 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PANW has been the topic of a number of recent analyst reports. Rosenblatt Securities dropped their price target on shares of Palo Alto Networks from $235.00 to $215.00 and set a "buy" rating on the stock in a research report on Thursday, August 14th. Scotiabank boosted their price target on shares of Palo Alto Networks from $225.00 to $228.00 and gave the stock a "sector outperform" rating in a research report on Tuesday, August 19th. Guggenheim lifted their price objective on shares of Palo Alto Networks from $130.00 to $135.00 and gave the company a "sell" rating in a research note on Tuesday, August 19th. DA Davidson reiterated a "buy" rating and issued a $215.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, Sanford C. Bernstein set a $207.00 price objective on shares of Palo Alto Networks and gave the company an "outperform" rating in a research note on Tuesday, August 19th. Twenty-eight equities research 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 data from MarketBeat, Palo Alto Networks presently has a consensus rating of "Moderate Buy" and an average price target of $211.68.

Palo Alto Networks Trading Up 1.5%

Shares of NASDAQ:PANW traded up $2.92 during midday trading on Monday, reaching $197.38. The company had a trading volume of 5,498,529 shares, compared to its average volume of 9,100,238. The company's 50 day moving average price is $188.19 and its 200 day moving average price is $185.67. The stock has a market cap of $132.03 billion, a P/E ratio of 122.98, a P/E/G ratio of 4.64 and a beta of 0.98. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $210.39.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued 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 company had revenue of $2.54 billion for 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%. The firm's quarterly revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the transaction, the executive vice president owned 3,143,516 shares in the company, valued at $543,199,564.80. This trade represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Josh D. Paul sold 800 shares of Palo Alto Networks stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $201.05, for a total transaction of $160,840.00. Following the completion of the transaction, the chief accounting officer owned 42,033 shares of the company's stock, valued at $8,450,734.65. The trade was a 1.87% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 569,422 shares of company stock worth $106,629,618 over the last three months. Company insiders own 2.50% of the company's stock.

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.