Palo Alto Networks, Inc. $PANW Shares Acquired by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. grew its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) by 1,665.1% in the 1st quarter, Holdings Channel reports. The firm owned 2,761,909 shares of the network technology company’s stock after acquiring an additional 2,605,433 shares during the quarter. Palo Alto Networks accounts for about 3.0% of Harel Insurance Investments & Financial Services Ltd.’s portfolio, making the stock its 10th largest holding. Harel Insurance Investments & Financial Services Ltd.’s holdings in Palo Alto Networks were worth $442,788,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PANW. Darwin Wealth Management LLC acquired a new stake in shares of Palo Alto Networks during the second quarter worth $25,000. Steph & Co. lifted its holdings in Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after buying an additional 67 shares during the period. Knuff & Co LLC bought a new stake in Palo Alto Networks during the fourth quarter valued at $26,000. Sittner & Nelson LLC boosted its position in Palo Alto Networks by 73.8% during 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. Finally, 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. Institutional investors and hedge funds own 79.82% of the company’s stock.

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Analyst Ratings Changes

Several research analysts have recently weighed in on the company. 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 report on Wednesday, June 3rd. Loop Capital raised their target price on 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 lifted their target price on Palo Alto Networks from $333.00 to $380.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. BNP Paribas Exane boosted their price target on Palo Alto Networks from $330.00 to $380.00 and gave the company an “outperform” rating in a research note on Wednesday, July 1st. Finally, BMO Capital Markets increased their price target on Palo Alto Networks from $270.00 to $335.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average target price of $319.96.

Read Our Latest Analysis on PANW

Palo Alto Networks Stock Performance

Shares of PANW opened at $352.89 on Wednesday. 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 50-day moving average of $280.47 and a 200-day moving average of $208.93. The company has a market cap of $287.61 billion, a PE ratio of 289.25, a P/E/G ratio of 12.26 and a beta of 0.91. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $368.17.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same period in the prior year, the business 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, equities research analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Insider Transactions at Palo Alto Networks

In related news, Director Helle Thorning-Schmidt sold 700 shares of the company’s stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $346.85, for a total transaction of $242,795.00. Following the completion of the sale, the director owned 5,898 shares in the company, valued at approximately $2,045,721.30. This represents a 10.61% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction 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 completion of the sale, the executive vice president directly owned 145,250 shares of the company’s stock, valued at $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 101,239 shares of company stock valued at $27,174,360. Corporate insiders own 1.40% of the company’s stock.

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.

Further Reading

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

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