Maxi Investments CY Ltd Buys Shares of 10,000 Palo Alto Networks, Inc. $PANW

Maxi Investments CY Ltd bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,000 shares of the network technology company’s stock, valued at approximately $3,410,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Darwin Wealth Management LLC acquired a new position in Palo Alto Networks during the second quarter valued at $25,000. Knuff & Co LLC acquired a new stake in Palo Alto Networks during the 4th quarter worth about $26,000. Solstein Capital LLC acquired a new stake in Palo Alto Networks during the 2nd quarter worth about $26,000. Sittner & Nelson LLC grew its stake in Palo Alto Networks by 73.8% during the 4th 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 in the last quarter. Finally, N.E.W. Advisory Services LLC purchased a new position in Palo Alto Networks during the 2nd quarter valued at about $27,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on PANW shares. Wedbush increased their price target 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 set a $421.00 price objective on shares of Palo Alto Networks and gave the company an “overweight” rating in a research report on Thursday, July 16th. The Goldman Sachs Group reiterated a “buy” rating and issued a $330.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. BNP Paribas Exane lifted their target price on shares of 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, Susquehanna reaffirmed a “positive” rating and issued a $350.00 price target (up from $200.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $362.67.

View Our Latest Stock Analysis on Palo Alto Networks

Insider Activity

In other Palo Alto Networks news, CAO Josh D. Paul sold 900 shares of Palo Alto Networks stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $345.00, for a total value of $310,500.00. Following the completion of the transaction, the chief accounting officer owned 79,644 shares in the company, valued at approximately $27,477,180. The trade was a 1.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the sale, the director directly owned 20,000 shares of the company’s stock, valued at $5,598,000. This represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 37,935 shares of company stock valued at $10,809,461. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Up 0.0%

PANW stock opened at $358.04 on Monday. The stock has a market capitalization of $291.80 billion, a price-to-earnings ratio of 293.48, a price-to-earnings-growth ratio of 12.00 and a beta of 0.91. The company has a 50-day moving average of $337.38 and a two-hundred day moving average of $242.19. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $398.88.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.79 by $0.06. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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. As a group, equities research analysts anticipate that Palo Alto Networks, Inc. will post 2.02 EPS for the current year.

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.

See Also

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

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