4,670 Shares in Palo Alto Networks, Inc. $PANW Purchased by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. acquired a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 4,670 shares of the network technology company’s stock, valued at approximately $1,593,000.

A number of other large investors also recently added to or reduced their stakes in the business. Darwin Wealth Management LLC bought a new stake in shares of Palo Alto Networks during the second quarter worth approximately $25,000. Knuff & Co LLC bought a new position in Palo Alto Networks in the fourth quarter valued at approximately $26,000. Sittner & Nelson LLC boosted its stake in Palo Alto Networks by 73.8% in the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 62 shares during the last quarter. Luken Investment Analytics LLC grew its holdings in Palo Alto Networks by 196.2% during the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after acquiring an additional 102 shares during the period. Finally, WHI TRUST Co LLC acquired a new stake in Palo Alto Networks during the 4th quarter worth $28,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the sale, the executive vice president directly owned 145,250 shares in the company, valued at $42,058,590. This trade represents a 3.33% 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, EVP Lee Klarich sold 62,904 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the sale, the executive vice president directly owned 235,983 shares in the company, valued at approximately $61,037,002.95. This represents a 21.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 101,239 shares of company stock worth $27,174,360. 1.40% of the stock is currently owned by corporate insiders.

Palo Alto Networks Price Performance

PANW stock opened at $384.27 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market capitalization of $313.18 billion, a P/E ratio of 314.98, a P/E/G ratio of 12.89 and a beta of 0.91. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $398.88. The business has a 50-day moving average of $328.02 and a 200-day moving average of $235.70.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.Palo Alto Networks’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.37 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. On average, sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on PANW. BTIG Research upped their target price on shares of Palo Alto Networks from $333.00 to $380.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Truist Financial lifted their price objective on Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Capital One Financial set a $421.00 price objective on Palo Alto Networks and gave the company an “overweight” rating in a report on Thursday, July 16th. Guggenheim lowered Palo Alto Networks from a “neutral” rating to a “reduce” rating in a research note on Wednesday, May 27th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $434.00 target price (up from $330.00) on shares of Palo Alto Networks in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $339.61.

Get Our Latest Report on PANW

Palo Alto Networks Company Profile

(Free Report)

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.

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Institutional Ownership by Quarter for Palo Alto Networks (NASDAQ:PANW)

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