Mitsubishi UFJ Asset Management Co. Ltd. Buys 82,976 Shares of Palo Alto Networks, Inc. $PANW

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 6.5% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,368,811 shares of the network technology company’s stock after buying an additional 82,976 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Palo Alto Networks were worth $280,113,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of PANW. Whipplewood Advisors LLC grew its holdings in Palo Alto Networks by 6,400.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock valued at $27,000 after buying an additional 128 shares in the last quarter. Briaud Financial Planning Inc bought a new stake in shares of Palo Alto Networks in the second quarter valued at about $28,000. Dagco Inc. acquired a new position in shares of Palo Alto Networks in the first quarter valued at about $33,000. WPG Advisers LLC bought a new position in Palo Alto Networks during the first quarter worth about $37,000. Finally, Strategic Investment Solutions Inc. IL raised its stake in Palo Alto Networks by 58.9% in the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after purchasing an additional 83 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

PANW has been the topic of a number of analyst reports. Guggenheim increased their target price on shares of Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research report on Tuesday, August 19th. JMP Securities increased their price target on Palo Alto Networks from $212.00 to $250.00 and gave the stock a “market outperform” rating in a research report on Monday, October 27th. KeyCorp lowered Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 31st. Scotiabank upped their target price on Palo Alto Networks from $225.00 to $228.00 and gave the company a “sector outperform” rating in a research report on Tuesday, August 19th. Finally, BTIG Research raised Palo Alto Networks from a “neutral” rating to a “buy” rating in a report on Monday, October 13th. Thirty investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average price target of $218.17.

Palo Alto Networks Trading Up 0.4%

PANW opened at $212.29 on Friday. The company has a market cap of $142.00 billion, a P/E ratio of 132.27, a PEG ratio of 5.03 and a beta of 0.95. The company’s 50 day moving average is $207.16 and its 200-day moving average is $195.77. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data 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. The business had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, equities analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Activity at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the sale, 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $219.97, for a total value of $153,979.00. Following the completion of the transaction, the chief accounting officer directly owned 47,505 shares of the company’s stock, valued at approximately $10,449,674.85. The trade was a 1.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,215,830 shares of company stock valued at $249,160,428 over the last three months. 2.50% of the stock is currently owned by corporate insiders.

Palo Alto Networks Profile

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.