OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Makes New $8.29 Million Investment in Palo Alto Networks, Inc. $PANW

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 4th quarter, HoldingsChannel reports. The fund purchased 45,000 shares of the network technology company’s stock, valued at approximately $8,289,000. Palo Alto Networks accounts for approximately 0.9% of OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s portfolio, making the stock its 25th biggest holding.

Other institutional investors have also recently made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in shares of Palo Alto Networks in the 2nd quarter valued at about $25,000. Knuff & Co LLC bought a new position in Palo Alto Networks in the fourth quarter worth approximately $26,000. Steph & Co. grew its stake in 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 during the period. Sittner & Nelson LLC grew its stake in Palo Alto Networks by 73.8% in the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 62 shares during the period. Finally, Winch Advisory Services LLC increased its holdings in shares of Palo Alto Networks by 96.1% during 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. Institutional investors and hedge funds own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Needham & Company LLC increased their target price on Palo Alto Networks from $200.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Benchmark upped their price objective on shares of Palo Alto Networks from $270.00 to $340.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Daiwa Securities Group dropped their price objective on shares of Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. FBN Securities reiterated an “outperform” rating and set a $330.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Palo Alto Networks from $200.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus price target of $306.59.

Palo Alto Networks Price Performance

Palo Alto Networks stock opened at $287.78 on Friday. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $302.95. The company’s 50 day moving average price is $228.24 and its two-hundred day moving average price is $192.65. The stock has a market cap of $234.54 billion, a P/E ratio of 235.89, a P/E/G ratio of 10.69 and a beta of 0.94. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.Palo Alto Networks’s quarterly revenue was up 31.1% on a year-over-year basis. During the same period in the prior year, the company 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. On average, equities analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the sale, the director directly owned 20,000 shares in the company, valued at $5,598,000. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John P. Key sold 7,500 shares of the business’s stock in a transaction dated 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 completion of the transaction, the director directly owned 12,500 shares in the company, valued at $3,490,500. This trade represents a 37.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 101,044 shares of company stock valued at $26,022,722. 1.40% of the stock is currently owned by insiders.

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.