Invictus Private Wealth LLC grew its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 7.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,170 shares of the network technology company’s stock after acquiring an additional 156 shares during the quarter. Invictus Private Wealth LLC’s holdings in Palo Alto Networks were worth $444,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Palo Alto Networks by 2.5% during the first 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 in the last quarter. Goldman Sachs Group Inc. increased its holdings 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 valued at $1,234,650,000 after acquiring an additional 2,134,735 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Palo Alto Networks by 16.0% during 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 valued at $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 during the first quarter valued at about $810,047,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in Palo Alto Networks by 5.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,422,037 shares of the network technology company’s stock worth $754,576,000 after buying an additional 219,111 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.
Insider Activity
In other news, CAO Josh D. Paul sold 700 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total transaction of $141,512.00. Following the transaction, the chief accounting officer owned 32,474 shares in the company, valued at $6,564,943.84. This trade represents a 2.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the transaction, the chief executive officer owned 275,013 shares in the company, valued at $56,119,152.78. This trade represents a 75.48% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,315,130 shares of company stock worth $260,687,367. Insiders own 2.50% of the company’s stock.
Analyst Ratings Changes
View Our Latest Stock Analysis on Palo Alto Networks
Palo Alto Networks Trading Down 3.1%
Palo Alto Networks stock opened at $208.55 on Friday. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $217.94. The stock’s 50 day simple moving average is $192.94 and its two-hundred day simple moving average is $189.14. The firm has a market cap of $139.50 billion, a PE ratio of 129.94, a P/E/G ratio of 5.12 and a beta of 0.98.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last released its quarterly earnings data 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 business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the prior year, the firm posted $0.75 EPS. The business’s quarterly revenue 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, equities research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.
About Palo Alto Networks
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.
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