Palo Alto Networks, Inc. $PANW Shares Acquired by Penserra Capital Management LLC

Penserra Capital Management LLC increased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 0.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 646,224 shares of the network technology company’s stock after acquiring an additional 1,032 shares during the period. Palo Alto Networks makes up about 1.8% of Penserra Capital Management LLC’s portfolio, making the stock its 6th biggest holding. Penserra Capital Management LLC owned about 0.10% of Palo Alto Networks worth $132,242,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new stake in shares of Palo Alto Networks during the first quarter worth about $810,047,000. Kingstone Capital Partners Texas LLC acquired a new position in Palo Alto Networks in the 2nd quarter worth approximately $633,068,000. Goldman Sachs Group Inc. raised its position in Palo Alto Networks by 41.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after buying an additional 2,134,735 shares during the last quarter. Price T Rowe Associates Inc. MD raised its position in Palo Alto Networks by 77.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company’s stock worth $662,000,000 after buying an additional 1,688,432 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in Palo Alto Networks by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock valued at $10,712,019,000 after acquiring an additional 1,541,637 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Buying and Selling

In other news, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $219.97, for a total value of $153,979.00. Following the completion of the sale, the chief accounting officer directly owned 47,505 shares in the company, valued at $10,449,674.85. This represents a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 completion of the sale, the executive vice president owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. The trade was a 4.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,215,830 shares of company stock valued at $249,160,428. 2.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Sanford C. Bernstein set a $207.00 target price on shares of Palo Alto Networks and gave the stock an “outperform” rating in a report on Tuesday, August 19th. Needham & Company LLC reaffirmed a “buy” rating and set a $230.00 price target on shares of Palo Alto Networks in a research report on Wednesday, September 3rd. Citigroup reiterated an “outperform” rating on shares of Palo Alto Networks in a research note on Monday, October 27th. Scotiabank raised their target price on Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a report on Tuesday, August 19th. Finally, KeyCorp cut Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Thirty research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average target price of $218.17.

Palo Alto Networks Trading Up 0.4%

Shares of Palo Alto Networks stock opened at $212.29 on Friday. The firm’s 50-day moving average price is $207.16 and its 200 day moving average price is $195.77. The firm has a market capitalization of $142.00 billion, a PE ratio of 132.27, a P/E/G ratio of 5.03 and a beta of 0.95. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS 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 firm had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.50 billion. During the same period in the previous year, the business earned $0.75 earnings per share. The firm’s revenue for the quarter 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. On average, sell-side analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Palo Alto Networks 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.