Mirabaud Asset Management Ltd Invests $4.43 Million in Palo Alto Networks, Inc. $PANW

Mirabaud Asset Management Ltd purchased a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 22,078 shares of the network technology company’s stock, valued at approximately $4,428,000. Palo Alto Networks makes up about 2.1% of Mirabaud Asset Management Ltd’s portfolio, making the stock its 19th largest position.

Other large investors have also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Palo Alto Networks in the 1st quarter valued at approximately $261,000. Strive Asset Management LLC increased its holdings in shares of Palo Alto Networks by 16.6% in the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock valued at $358,000 after purchasing an additional 299 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of Palo Alto Networks by 25.3% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 205,053 shares of the network technology company’s stock worth $41,957,000 after purchasing an additional 41,392 shares during the period. Whipplewood Advisors LLC increased its holdings in Palo Alto Networks by 6,400.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after buying an additional 128 shares during the period. Finally, Arkadios Wealth Advisors lifted its stake in Palo Alto Networks by 9.2% during the 2nd quarter. Arkadios Wealth Advisors now owns 39,893 shares of the network technology company’s stock valued at $8,164,000 after acquiring an additional 3,351 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Trading Up 0.4%

NASDAQ:PANW opened at $212.29 on Friday. The company has a market cap of $142.00 billion, a P/E ratio of 132.27, a P/E/G ratio of 5.05 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. The company’s 50-day moving average price is $207.16 and its 200-day moving average price is $195.99.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share 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 business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same period in the previous year, the firm posted $0.75 EPS. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. 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, analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. BMO Capital Markets increased their price target on Palo Alto Networks from $217.00 to $225.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Piper Sandler upgraded shares of Palo Alto Networks from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $200.00 to $225.00 in a research note on Tuesday, August 12th. Tigress Financial initiated coverage on shares of Palo Alto Networks in a research report on Friday, September 26th. They issued a “buy” rating and a $245.00 price objective for the company. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $232.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, BTIG Research raised shares of Palo Alto Networks from a “neutral” rating to a “buy” rating in a research note on Monday, October 13th. Thirty analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus target price of $218.17.

Insider Activity

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $219.97, for a total value of $153,979.00. Following the transaction, the chief accounting officer directly owned 47,505 shares in the company, valued at $10,449,674.85. The trade was a 1.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the sale, the executive vice president directly owned 177,954 shares in the company, valued at approximately $34,008,788.94. The trade was a 40.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,215,830 shares of company stock valued at $249,160,428 over the last three months. 2.50% of the stock is currently owned by company insiders.

Palo Alto Networks Company 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.