Y.D. More Investments Ltd Purchases 2,585 Shares of Palo Alto Networks, Inc. $PANW

Y.D. More Investments Ltd increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 4.3% during the 2nd quarter, HoldingsChannel reports. The fund owned 62,583 shares of the network technology company’s stock after purchasing an additional 2,585 shares during the quarter. Palo Alto Networks accounts for about 0.9% of Y.D. More Investments Ltd’s investment portfolio, making the stock its 22nd largest holding. Y.D. More Investments Ltd’s holdings in Palo Alto Networks were worth $12,805,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in shares of Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after purchasing an additional 4,031 shares during the last quarter. Bison Wealth LLC lifted its holdings in Palo Alto Networks by 169.1% in the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after buying an additional 3,275 shares during the period. Kingsview Wealth Management LLC boosted its stake in Palo Alto Networks by 3.7% in the first quarter. Kingsview Wealth Management LLC now owns 21,124 shares of the network technology company’s stock valued at $3,605,000 after acquiring an additional 755 shares during the last quarter. Jackson Creek Investment Advisors LLC grew its holdings in Palo Alto Networks by 29.5% during the 1st quarter. Jackson Creek Investment Advisors LLC now owns 3,285 shares of the network technology company’s stock worth $561,000 after acquiring an additional 749 shares during the period. Finally, Private Advisor Group LLC raised its position in shares of Palo Alto Networks by 4.0% during the 1st quarter. Private Advisor Group LLC now owns 85,117 shares of the network technology company’s stock valued at $14,524,000 after acquiring an additional 3,258 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Palo Alto Networks

In related news, EVP Lee Klarich sold 120,774 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total value of $23,081,119.14. Following the completion of the transaction, the executive vice president owned 177,954 shares of the company’s stock, valued at approximately $34,008,788.94. This trade represents a 40.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction dated 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 in the company, valued at $56,119,152.78. This trade represents a 75.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,215,830 shares of company stock worth $249,160,428. Insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

PANW has been the subject of a number of analyst reports. Bank of America lifted their price objective on Palo Alto Networks from $215.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. Guggenheim upped their price target on Palo Alto Networks from $130.00 to $135.00 and gave the company a “sell” rating in a research note on Tuesday, August 19th. Evercore ISI boosted their price objective on shares of Palo Alto Networks from $220.00 to $250.00 and gave the company an “outperform” rating in a report on Thursday. Barclays increased their target price on shares of Palo Alto Networks from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Monday, November 10th. Finally, Scotiabank upped their price objective on shares of Palo Alto Networks from $225.00 to $228.00 and gave the company a “sector outperform” rating in a research report on Tuesday, August 19th. Twenty-nine analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $221.52.

Palo Alto Networks Trading Up 0.2%

Shares of NASDAQ PANW opened at $205.25 on Friday. The company has a fifty day moving average price of $209.07 and a 200 day moving average price of $197.13. The firm has a market cap of $140.39 billion, a PE ratio of 127.88, a PEG ratio of 4.88 and a beta of 0.95. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the previous year, the company 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. Equities research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

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.