Evelyn Partners Investment Management LLP Acquires 25,048 Shares of Palo Alto Networks, Inc. $PANW

Evelyn Partners Investment Management LLP grew its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 3,969.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,679 shares of the network technology company’s stock after purchasing an additional 25,048 shares during the quarter. Evelyn Partners Investment Management LLP’s holdings in Palo Alto Networks were worth $5,255,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Palo Alto Networks during the first quarter worth $261,000. Strive Asset Management LLC raised its stake in Palo Alto Networks by 16.6% in the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock valued at $358,000 after buying an additional 299 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in Palo Alto Networks by 25.3% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 205,053 shares of the network technology company’s stock worth $41,957,000 after acquiring an additional 41,392 shares in the last quarter. Whipplewood Advisors LLC grew its stake in shares of Palo Alto Networks by 6,400.0% during the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after acquiring an additional 128 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its holdings in shares of Palo Alto Networks by 9.2% during the second quarter. Arkadios Wealth Advisors now owns 39,893 shares of the network technology company’s stock valued at $8,164,000 after acquiring an additional 3,351 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Trading Down 1.2%

Shares of PANW opened at $182.90 on Friday. The firm has a market cap of $125.10 billion, a P/E ratio of 115.76, a PEG ratio of 4.39 and a beta of 0.95. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $223.61. The stock’s 50 day moving average is $208.77 and its two-hundred day moving average is $197.31.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Wednesday, November 19th. The network technology company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.04. The firm had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.46 billion. Palo Alto Networks had a return on equity of 17.05% and a net margin of 11.69%.The business’s revenue was up 15.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.56 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.800-3.900 EPS. Q2 2026 guidance at 0.930-0.950 EPS. Equities research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Activity at Palo Alto Networks

In related news, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the transaction, 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the sale, the executive vice president owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. This trade represents a 4.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,215,130 shares of company stock worth $249,031,488 in the last ninety days. 1.40% of the stock is owned by company insiders.

Analyst Ratings Changes

PANW has been the subject of a number of research reports. Westpark Capital reaffirmed a “hold” rating on shares of Palo Alto Networks in a report on Thursday. Needham & Company LLC reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Palo Alto Networks in a report on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of Palo Alto Networks in a report on Thursday, November 13th. Truist Financial set a $220.00 price target on shares of Palo Alto Networks and gave the company a “buy” rating in a report on Tuesday, August 19th. Finally, KeyCorp downgraded Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Thirty analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $225.09.

About Palo Alto Networks

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.