Quent Capital LLC Has $232,000 Stock Holdings in Palo Alto Networks, Inc. $PANW

Quent Capital LLC increased its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.8% during the second quarter, Holdings Channel.com reports. The fund owned 1,135 shares of the network technology company’s stock after buying an additional 62 shares during the period. Quent Capital LLC’s holdings in Palo Alto Networks were worth $232,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Palo Alto Networks in the first quarter worth approximately $261,000. Strive Asset Management LLC lifted its stake in shares of 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 worth $358,000 after acquiring an additional 299 shares during the period. GAMMA Investing LLC lifted its stake in shares of Palo Alto Networks by 10.8% in the first quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock worth $2,410,000 after acquiring an additional 1,374 shares during the period. Czech National Bank increased its holdings in Palo Alto Networks by 6.4% in the second quarter. Czech National Bank now owns 161,840 shares of the network technology company’s stock worth $33,119,000 after purchasing an additional 9,766 shares in the last quarter. Finally, Avity Investment Management Inc. increased its holdings in Palo Alto Networks by 37.9% in the second quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company’s stock worth $37,181,000 after purchasing an additional 49,971 shares in the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Palo Alto Networks news, EVP Nir Zuk sold 100,000 shares of the business’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the transaction, the executive vice president owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. The trade was 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 accessible through this link. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total value of $1,020,950.00. Following the transaction, the executive vice president directly owned 96,135 shares in the company, valued at $19,629,805.65. This represents a 4.94% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,315,130 shares of company stock valued at $259,351,606. 2.50% of the stock is currently owned by insiders.

Palo Alto Networks Trading Down 1.0%

PANW stock opened at $207.19 on Friday. The stock’s fifty day simple moving average is $190.20 and its two-hundred day simple moving average is $188.21. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $212.10. The stock has a market cap of $138.59 billion, a P/E ratio of 129.09, a P/E/G ratio of 4.93 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the previous year, the firm earned $0.75 earnings per share. The business’s revenue was up 15.8% on a year-over-year basis. 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 forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on PANW shares. Piper Sandler upgraded Palo Alto Networks from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $200.00 to $225.00 in a report on Tuesday, August 12th. UBS Group set a $245.00 target price on Palo Alto Networks in a report on Friday, September 26th. New Street Research lifted their target price on Palo Alto Networks from $235.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Needham & Company LLC reiterated a “buy” rating and issued a $230.00 target price on shares of Palo Alto Networks in a report on Wednesday, September 3rd. Finally, BMO Capital Markets lifted their target price on Palo Alto Networks from $217.00 to $225.00 and gave the stock an “outperform” rating in a report on Tuesday, August 19th. Thirty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average target price of $214.64.

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.