Keystone Investors PTE Ltd. Acquires Shares of 22,649 Palo Alto Networks, Inc. $PANW

Keystone Investors PTE Ltd. bought a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 22,649 shares of the network technology company’s stock, valued at approximately $4,612,000.

A number of other large investors also recently made changes to their positions in PANW. Norges Bank bought a new stake in Palo Alto Networks in the 2nd quarter worth about $675,865,000. ABN AMRO Bank N.V. purchased a new position in shares of Palo Alto Networks in the 2nd quarter worth approximately $340,883,000. Vanguard Group Inc. grew its holdings in shares of Palo Alto Networks by 2.0% in the third quarter. Vanguard Group Inc. now owns 65,269,963 shares of the network technology company’s stock valued at $13,290,270,000 after acquiring an additional 1,253,589 shares in the last quarter. California Public Employees Retirement System increased its position in shares of Palo Alto Networks by 97.9% during the second quarter. California Public Employees Retirement System now owns 2,104,939 shares of the network technology company’s stock valued at $430,755,000 after acquiring an additional 1,041,145 shares during the last quarter. Finally, Bessemer Group Inc. lifted its holdings in Palo Alto Networks by 3,881.4% during the third quarter. Bessemer Group Inc. now owns 721,157 shares of the network technology company’s stock worth $146,842,000 after acquiring an additional 703,044 shares during the period. 79.82% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Palo Alto Networks news, Director James J. Goetz sold 12,500 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $195.33, for a total value of $2,441,625.00. Following the completion of the sale, the director owned 75,184 shares in the company, valued at approximately $14,685,690.72. The trade was a 14.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $188.18, for a total value of $940,900.00. Following the sale, the executive vice president directly owned 155,119 shares of the company’s stock, valued at approximately $29,190,293.42. This trade represents a 3.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 260,542 shares of company stock worth $49,910,995 in the last ninety days. Corporate insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Guggenheim restated a “neutral” rating on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating on the stock in a report on Wednesday, February 18th. Rosenblatt Securities reaffirmed a “buy” rating and set a $225.00 target price on shares of Palo Alto Networks in a report on Wednesday, February 18th. Daiwa Securities Group dropped their price objective on Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating for the company in a research note on Tuesday. Finally, Mizuho set a $200.00 target price on Palo Alto Networks in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and an average target price of $211.62.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $148.92 on Friday. The stock has a market capitalization of $121.52 billion, a P/E ratio of 82.28, a PEG ratio of 5.39 and a beta of 0.75. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $223.61. The firm’s 50 day simple moving average is $174.60 and its two-hundred day simple moving average is $190.68.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Tuesday, February 17th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. The company had revenue of $2.59 billion during the quarter, compared to analysts’ expectations of $2.58 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The firm’s revenue was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.81 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. As a group, equities analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

About Palo Alto Networks

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.