Canada Post Corp Registered Pension Plan raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 15.9% during the 4th quarter, Holdings Channel reports. The firm owned 17,870 shares of the network technology company’s stock after acquiring an additional 2,450 shares during the quarter. Canada Post Corp Registered Pension Plan’s holdings in Palo Alto Networks were worth $3,292,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new stake in Palo Alto Networks in the second quarter valued at $25,000. Knuff & Co LLC purchased a new stake in shares of Palo Alto Networks in the fourth quarter valued at $26,000. Steph & Co. lifted its position in shares of Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after acquiring an additional 67 shares in the last quarter. Winch Advisory Services LLC lifted its position in shares of Palo Alto Networks by 96.1% in the third quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after acquiring an additional 73 shares in the last quarter. Finally, WHI TRUST Co LLC purchased a new stake in shares of Palo Alto Networks in the fourth quarter valued at $28,000. Institutional investors and hedge funds own 79.82% of the company’s stock.
Insiders Place Their Bets
In other news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total value of $802,100.00. Following the completion of the sale, the executive vice president owned 150,250 shares in the company, valued at approximately $24,103,105. This trade represents a 3.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John P. Key sold 1,572 shares of the stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $173.32, for a total value of $272,459.04. Following the completion of the sale, the director owned 20,000 shares of the company’s stock, valued at approximately $3,466,400. This trade represents a 7.29% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 30,356 shares of company stock valued at $4,981,575. Company insiders own 1.40% of the company’s stock.
Key Headlines Impacting Palo Alto Networks
- Positive Sentiment: Oppenheimer raised its price target on Palo Alto Networks to $275 from $245 and reiterated an Outperform rating, signaling confidence that the stock can keep moving higher. Oppenheimer Hikes Palo Alto Networks Price Target to $275: CyberArk Becomes Idira, Identity Security Just Got Real
- Positive Sentiment: Royal Bank of Canada lifted its target to $255 from $220 and kept an Outperform rating, while Robert W. Baird also boosted its target to $265, reinforcing the bullish analyst tone around PANW. RBC raises price target on Palo Alto Networks to 255 from 220, keeps outperform rating
- Positive Sentiment: Jefferies raised its price target to $265 from $215 and highlighted Palo Alto’s identity-security push after CyberArk’s IMPACT26 conference, arguing that AI-driven threats are forcing more enterprise spending on automated security tools. Jefferies Hikes Palo Alto Networks Price Target to 265: AI Is Compressing Attack Timelines
- Positive Sentiment: Jefferies and other commentary point to Palo Alto’s new “Idira” platform, which could broaden the company’s identity-security offering and create a new growth engine beyond its core cybersecurity business. Palo Alto advances AI-driven identity strategy with Idira launch, shares gain
- Neutral Sentiment: Zacks noted that PANW is drawing unusual investor attention, but the piece was mainly a watchlist-style overview rather than a fresh catalyst. Is Most-Watched Stock Palo Alto Networks, Inc. (PANW) Worth Betting on Now?
Palo Alto Networks Stock Performance
PANW stock opened at $242.83 on Monday. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $245.80. The firm has a market cap of $198.15 billion, a P/E ratio of 134.16, a price-to-earnings-growth ratio of 8.75 and a beta of 0.77. The stock has a 50-day simple moving average of $174.81 and a 200-day simple moving average of $180.99.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last posted its earnings results on Wednesday, February 18th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The business had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.58 billion. During the same quarter last year, the firm earned $0.81 earnings per share. The company’s revenue for the quarter was up 14.9% compared to the same quarter last year. On average, equities research analysts predict that Palo Alto Networks, Inc. will post 2.14 EPS for the current year.
Analyst Upgrades and Downgrades
PANW has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reduced their price objective on Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating on the stock in a research report on Wednesday, February 18th. Robert W. Baird upped their price objective on Palo Alto Networks from $220.00 to $265.00 and gave the company an “outperform” rating in a research report on Thursday. Rosenblatt Securities restated a “buy” rating and issued a $225.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, February 18th. DA Davidson set a $190.00 target price on Palo Alto Networks and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Finally, Daiwa Securities Group reduced their target price on Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and an average target price of $214.98.
View Our Latest Analysis on PANW
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.
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