Catalina Capital Group LLC Raises Stock Holdings in Palo Alto Networks, Inc. $PANW

Catalina Capital Group LLC increased its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,579 shares of the network technology company’s stock after purchasing an additional 60 shares during the quarter. Catalina Capital Group LLC’s holdings in Palo Alto Networks were worth $323,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Palo Alto Networks during the first quarter worth about $261,000. Strive Asset Management LLC grew its position in shares of Palo Alto Networks by 16.6% during the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock worth $358,000 after purchasing an additional 299 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Palo Alto Networks by 10.8% during the first quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock worth $2,410,000 after purchasing an additional 1,374 shares in the last quarter. Czech National Bank grew its position in shares of Palo Alto Networks by 6.4% during the second quarter. Czech National Bank now owns 161,840 shares of the network technology company’s stock worth $33,119,000 after purchasing an additional 9,766 shares in the last quarter. Finally, Avity Investment Management Inc. grew its position in shares of Palo Alto Networks by 37.9% during the second quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company’s stock worth $37,181,000 after purchasing an additional 49,971 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

PANW has been the subject of several research analyst reports. New Street Research increased their target price on Palo Alto Networks from $235.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Sanford C. Bernstein set a $207.00 price target on Palo Alto Networks and gave the company an “outperform” rating in a report on Tuesday, August 19th. Wedbush restated an “outperform” rating and set a $225.00 price target on shares of Palo Alto Networks in a report on Monday, September 15th. Barclays restated an “overweight” rating and set a $215.00 price target (up previously from $210.00) on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, Tigress Financial started coverage on Palo Alto Networks in a report on Friday, September 26th. They set a “buy” rating and a $245.00 price target for the company. Thirty analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $214.64.

Insider Activity

In related news, CAO Josh D. Paul sold 700 shares of the firm’s 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 completion of the sale, the chief accounting officer directly owned 32,474 shares of the company’s stock, valued at approximately $6,564,943.84. This trade represents a 2.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the transaction, the executive vice president owned 96,135 shares in the company, valued at $19,629,805.65. The trade was a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,315,130 shares of company stock worth $259,351,606 in the last three months. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $209.30 on Friday. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $210.39. The firm has a market capitalization of $140.00 billion, a P/E ratio of 130.40, a P/E/G ratio of 4.92 and a beta of 0.98. The stock has a 50 day moving average price of $190.12 and a 200 day moving average price of $188.04.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same period last year, the company earned $0.75 EPS. Palo Alto Networks’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. As a group, sell-side 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.