Palo Alto Networks, Inc. $PANW Holdings Cut by Lombard Odier Asset Management Switzerland SA

Lombard Odier Asset Management Switzerland SA decreased its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 31.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 37,559 shares of the network technology company’s stock after selling 17,394 shares during the quarter. Lombard Odier Asset Management Switzerland SA’s holdings in Palo Alto Networks were worth $6,918,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Aviva PLC raised its holdings in Palo Alto Networks by 5.4% in the 4th quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock worth $104,774,000 after acquiring an additional 29,230 shares during the period. Westfield Capital Management Co. LP bought a new position in Palo Alto Networks in the 3rd quarter worth $75,412,000. Peapack Gladstone Financial Corp raised its holdings in Palo Alto Networks by 8.8% in the 4th quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock worth $8,926,000 after acquiring an additional 3,926 shares during the period. American Century Companies Inc. raised its holdings in Palo Alto Networks by 134.1% in the 3rd quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock worth $136,859,000 after acquiring an additional 384,985 shares during the period. Finally, US Bancorp DE raised its holdings in Palo Alto Networks by 0.6% in the 3rd quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock worth $277,828,000 after acquiring an additional 8,344 shares during the period. 79.82% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Palo Alto Networks

In other news, EVP Lee Klarich sold 62,904 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the sale, the executive vice president owned 235,983 shares in the company, valued at approximately $61,037,002.95. This represents a 21.05% 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, CAO Josh D. Paul sold 1,100 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the sale, the chief accounting officer owned 81,636 shares in the company, valued at $23,272,790.88. The trade was a 1.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 101,044 shares of company stock valued at $26,022,722. 1.40% of the stock is currently owned by company insiders.

Palo Alto Networks Stock Performance

PANW opened at $279.90 on Wednesday. The stock has a market cap of $228.12 billion, a PE ratio of 229.43, a P/E/G ratio of 10.57 and a beta of 0.94. The stock’s 50 day simple moving average is $221.20 and its 200-day simple moving average is $190.62. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $302.95. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The firm’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.37 earnings per share. 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. Sell-side analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Capital One Financial lifted their price target on Palo Alto Networks from $168.00 to $248.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 19th. Barclays reaffirmed an “overweight” rating and issued a $315.00 price target (up from $220.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. TD Cowen restated a “buy” rating and set a $330.00 price objective (up from $255.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. BMO Capital Markets boosted their price objective on shares of Palo Alto Networks from $270.00 to $335.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Finally, Stifel Nicolaus set a $340.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $306.59.

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.