Palo Alto Networks, Inc. $PANW Shares Bought by Rogco LP

Rogco LP lifted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.7% during the second quarter, HoldingsChannel reports. The firm owned 4,179 shares of the network technology company’s stock after purchasing an additional 68 shares during the quarter. Rogco LP’s holdings in Palo Alto Networks were worth $855,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Palo Alto Networks by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock worth $10,712,019,000 after buying an additional 1,541,637 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Palo Alto Networks by 41.9% during the first quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after acquiring an additional 2,134,735 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Palo Alto Networks by 16.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company’s stock worth $1,177,765,000 after acquiring an additional 950,765 shares in the last quarter. Nuveen LLC acquired a new position in shares of Palo Alto Networks in the first quarter worth about $810,047,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Palo Alto Networks by 5.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 4,422,037 shares of the network technology company’s stock valued at $754,576,000 after purchasing an additional 219,111 shares during the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Nir Zuk sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the sale, the executive vice president owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of the business’s stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $171.58, for a total value of $20,722,402.92. Following the transaction, the executive vice president owned 206,718 shares of the company’s stock, valued at $35,468,674.44. This represents a 36.88% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,314,430 shares of company stock valued at $259,210,094 over the last 90 days. 2.50% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

PANW has been the topic of several analyst reports. DA Davidson restated a “buy” rating and set a $215.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Cantor Fitzgerald reissued an “overweight” rating and set a $223.00 price target on shares of Palo Alto Networks in a research report on Friday, August 15th. UBS Group set a $245.00 price target on shares of Palo Alto Networks in a report on Friday. Westpark Capital reiterated a “hold” rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, KeyCorp downgraded shares of 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 two have given a Sell rating to the stock. According to MarketBeat, Palo Alto Networks currently has an average rating of “Moderate Buy” and a consensus price target of $214.64.

Palo Alto Networks Price Performance

PANW stock opened at $203.62 on Wednesday. The firm has a market cap of $136.20 billion, a price-to-earnings ratio of 126.87, a PEG ratio of 4.86 and a beta of 0.98. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $210.39. The firm has a fifty day moving average price of $189.80 and a two-hundred day moving average price of $187.74.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period last year, the firm posted $0.75 EPS. The company’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. As a group, analysts expect 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.