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

Night Squared LP increased its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 35.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,136 shares of the network technology company’s stock after buying an additional 7,094 shares during the quarter. Night Squared LP’s holdings in Palo Alto Networks were worth $4,998,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Palo Alto Networks by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock worth $12,512,533,000 after purchasing an additional 2,659,100 shares during the period. State Street Corp grew its stake in shares of Palo Alto Networks by 2.0% during the 4th quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock worth $5,587,100,000 after purchasing an additional 594,789 shares during the period. Geode Capital Management LLC grew its stake in shares of Palo Alto Networks by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock worth $2,934,935,000 after purchasing an additional 540,756 shares during the period. Norges Bank acquired a new stake in shares of Palo Alto Networks during the 4th quarter worth approximately $1,415,364,000. Finally, Northern Trust Corp grew its stake in shares of Palo Alto Networks by 0.5% during the 3rd quarter. Northern Trust Corp now owns 7,528,248 shares of the network technology company’s stock worth $1,532,902,000 after purchasing an additional 36,511 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, Director Aparna Bawa sold 536 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The shares were sold at an average price of $280.00, for a total transaction of $150,080.00. Following the sale, the director owned 7,704 shares of the company’s stock, valued at $2,157,120. The trade was a 6.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John P. Key sold 7,500 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the sale, the director directly owned 12,500 shares in the company, valued at approximately $3,490,500. This trade represents a 37.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 101,044 shares of company stock worth $26,022,722 over the last 90 days. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Price Performance

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

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Capital One Financial raised their price objective on shares of Palo Alto Networks from $168.00 to $248.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 19th. Mizuho raised their price objective on shares of Palo Alto Networks from $265.00 to $305.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Robert W. Baird set a $320.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Weiss Ratings cut shares of Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Finally, New Street Research dropped their price objective on shares of Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating on the stock in a research note on Thursday, February 19th. Two investment 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 given a Sell rating to the company. According to MarketBeat, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average target price of $306.59.

Palo Alto Networks 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.