Marathon Trading Investment Management LLC raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 177.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,000 shares of the network technology company’s stock after acquiring an additional 3,200 shares during the quarter. Marathon Trading Investment Management LLC’s holdings in Palo Alto Networks were worth $921,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Aviva PLC raised its position in Palo Alto Networks by 5.4% in the 4th quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after purchasing an additional 29,230 shares in the last quarter. Westfield Capital Management Co. LP acquired a new position in shares of Palo Alto Networks during the third quarter worth about $75,412,000. Peapack Gladstone Financial Corp increased its stake in shares of Palo Alto Networks by 8.8% during the fourth quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock worth $8,926,000 after buying an additional 3,926 shares during the period. American Century Companies Inc. increased its stake in shares of Palo Alto Networks by 134.1% during the third quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock worth $136,859,000 after buying an additional 384,985 shares during the period. Finally, US Bancorp DE raised its holdings in Palo Alto Networks by 0.6% in the third quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock valued at $277,828,000 after acquiring an additional 8,344 shares in the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on PANW shares. Loop Capital lifted their price target on shares of Palo Alto Networks from $160.00 to $290.00 and gave the stock a “hold” rating in a research note on Wednesday, June 3rd. BTIG Research raised their price objective on shares of Palo Alto Networks from $268.00 to $333.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Wedbush lifted their price objective on shares of Palo Alto Networks from $300.00 to $340.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Capital One Financial boosted their target price on shares of Palo Alto Networks from $168.00 to $248.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. Finally, Daiwa Securities Group cut their price target on Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $306.59.
Insider Activity at Palo Alto Networks
In other news, Director John P. Key sold 7,500 shares of Palo Alto Networks stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the sale, the director owned 12,500 shares in the company, valued at approximately $3,490,500. The trade was a 37.50% 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, CEO Nikesh Arora bought 68,085 shares of Palo Alto Networks stock in a transaction dated Friday, March 27th. The stock was purchased at an average cost of $146.87 per share, with a total value of $9,999,643.95. Following the completion of the acquisition, the chief executive officer directly owned 343,394 shares in the company, valued at approximately $50,434,276.78. The trade was a 24.73% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders have sold 81,044 shares of company stock valued at $20,424,722. Corporate insiders own 1.40% of the company’s stock.
Palo Alto Networks Price Performance
Shares of NASDAQ:PANW opened at $279.62 on Monday. The company has a market capitalization of $227.89 billion, a PE ratio of 229.20, a P/E/G ratio of 10.38 and a beta of 0.94. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $302.95. The firm has a 50 day simple moving average of $216.44 and a 200-day simple moving average of $189.26.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same period last year, the firm posted $0.37 EPS. The company’s revenue was up 31.1% on a year-over-year basis. 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, equities analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.
Palo Alto Networks Company Profile
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.
Featured Articles
- Five stocks we like better than Palo Alto Networks
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Want to see what other hedge funds are holding PANW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report).
Receive News & Ratings for Palo Alto Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palo Alto Networks and related companies with MarketBeat.com's FREE daily email newsletter.
