Gordian Capital Singapore Pte Ltd Lowers Position in Palo Alto Networks, Inc. $PANW

Gordian Capital Singapore Pte Ltd cut its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 28.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,981 shares of the network technology company’s stock after selling 2,020 shares during the quarter. Gordian Capital Singapore Pte Ltd’s holdings in Palo Alto Networks were worth $918,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Waddell & Associates LLC raised its stake in shares of Palo Alto Networks by 35.1% in the fourth quarter. Waddell & Associates LLC now owns 3,760 shares of the network technology company’s stock worth $693,000 after purchasing an additional 977 shares during the last quarter. Cerity Partners LLC raised its stake in shares of Palo Alto Networks by 5.4% in the fourth quarter. Cerity Partners LLC now owns 949,186 shares of the network technology company’s stock worth $174,840,000 after purchasing an additional 48,252 shares during the last quarter. Erste Asset Management GmbH raised its stake in shares of Palo Alto Networks by 22.3% in the fourth quarter. Erste Asset Management GmbH now owns 347,132 shares of the network technology company’s stock worth $64,996,000 after purchasing an additional 63,300 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of Palo Alto Networks by 1.7% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 117,416 shares of the network technology company’s stock worth $21,628,000 after purchasing an additional 1,995 shares during the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new stake in shares of Palo Alto Networks in the fourth quarter worth approximately $41,000. 79.82% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total transaction of $802,100.00. Following the completion of the transaction, the executive vice president directly owned 150,250 shares of the company’s stock, valued at approximately $24,103,105. This represents a 3.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John P. Key sold 1,572 shares of the stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $173.32, for a total value of $272,459.04. Following the transaction, the director directly owned 20,000 shares of the company’s stock, valued at approximately $3,466,400. This trade represents a 7.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 72,076 shares of company stock valued at $17,930,587 in the last quarter. Insiders own 1.40% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. BMO Capital Markets increased their price objective on Palo Alto Networks from $270.00 to $335.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Mizuho increased their price target on Palo Alto Networks from $265.00 to $305.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Evercore reaffirmed an “outperform” rating and set a $375.00 price target on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Berenberg Bank increased their price target on Palo Alto Networks from $290.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Finally, Scotiabank reaffirmed a “sector outperform” rating and set a $320.00 price target (up from $180.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average target price of $306.59.

Palo Alto Networks Stock Performance

Shares of PANW opened at $266.33 on Tuesday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $217.06 billion, a price-to-earnings ratio of 218.30, a PEG ratio of 9.55 and a beta of 0.94. The stock has a 50 day moving average of $207.23 and a 200 day moving average of $186.93. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly 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 return on equity of 10.53% and a net margin of 7.95%.The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period last year, the business posted $0.37 earnings per share. Palo Alto Networks’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. As a group, sell-side analysts forecast that Palo Alto Networks, Inc. will post 2.15 earnings per share for the current 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.