iA Global Asset Management Inc. Acquires 8,970 Shares of Palo Alto Networks, Inc. $PANW

iA Global Asset Management Inc. raised its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 155,468 shares of the network technology company’s stock after buying an additional 8,970 shares during the quarter. iA Global Asset Management Inc.’s holdings in Palo Alto Networks were worth $28,637,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of PANW. Brighton Jones LLC increased its holdings in Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after buying an additional 4,031 shares during the period. Bison Wealth LLC grew its holdings in shares of Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock worth $948,000 after purchasing an additional 3,275 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Palo Alto Networks by 66.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock worth $713,000 after purchasing an additional 1,389 shares during the last quarter. Osterweis Capital Management Inc. grew its holdings in shares of Palo Alto Networks by 11,100.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock worth $115,000 after purchasing an additional 555 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in shares of Palo Alto Networks by 6.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company’s stock worth $900,000 after purchasing an additional 249 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Up 1.9%

Shares of NASDAQ:PANW opened at $242.83 on Friday. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $245.80. The company’s 50-day moving average price is $174.81 and its two-hundred day moving average price is $181.27. The firm has a market cap of $198.15 billion, a P/E ratio of 134.16, a P/E/G ratio of 8.75 and a beta of 0.77.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Wednesday, February 18th. The network technology company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The firm had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.58 billion. During the same quarter in the prior year, the firm earned $0.81 EPS. The company’s revenue was up 14.9% on a year-over-year basis. As a group, equities analysts predict that Palo Alto Networks, Inc. will post 2.14 earnings per share for the current fiscal year.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, Director James J. Goetz sold 22,684 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $164.41, for a total transaction of $3,729,476.44. Following the transaction, the director directly owned 52,500 shares in the company, valued at approximately $8,631,525. This represents a 30.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Nikesh Arora bought 68,085 shares of the business’s stock in a transaction on Friday, March 27th. The shares were acquired at an average price of $146.87 per share, for a total transaction of $9,999,643.95. Following the completion of the transaction, the chief executive officer owned 343,394 shares in the company, valued at approximately $50,434,276.78. This trade represents a 24.73% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders sold 30,356 shares of company stock worth $4,981,575. Insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

PANW has been the topic of several analyst reports. Loop Capital lowered their target price on shares of Palo Alto Networks from $190.00 to $160.00 and set a “hold” rating on the stock in a report on Wednesday, February 18th. Stifel Nicolaus lowered their target price on shares of Palo Alto Networks from $200.00 to $185.00 and set a “buy” rating on the stock in a report on Wednesday, February 18th. UBS Group set a $183.00 target price on shares of Palo Alto Networks in a report on Thursday, February 19th. Benchmark initiated coverage on shares of Palo Alto Networks in a report on Wednesday, April 1st. They issued a “buy” rating and a $200.00 target price on the stock. Finally, BMO Capital Markets lowered their target price on shares of Palo Alto Networks from $230.00 to $200.00 and set an “outperform” rating on the stock in a report on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $214.98.

Palo Alto Networks News Summary

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Oppenheimer raised its price target on Palo Alto Networks to $275 from $245 and reiterated an Outperform rating, signaling confidence that the stock can keep moving higher. Oppenheimer Hikes Palo Alto Networks Price Target to $275: CyberArk Becomes Idira, Identity Security Just Got Real
• Positive Sentiment: Royal Bank of Canada lifted its target to $255 from $220 and kept an Outperform rating, while Robert W. Baird also boosted its target to $265, reinforcing the bullish analyst tone around PANW. RBC raises price target on Palo Alto Networks to 255 from 220, keeps outperform rating
• Positive Sentiment: Jefferies raised its price target to $265 from $215 and highlighted Palo Alto’s identity-security push after CyberArk’s IMPACT26 conference, arguing that AI-driven threats are forcing more enterprise spending on automated security tools. Jefferies Hikes Palo Alto Networks Price Target to 265: AI Is Compressing Attack Timelines
• Positive Sentiment: Jefferies and other commentary point to Palo Alto’s new “Idira” platform, which could broaden the company’s identity-security offering and create a new growth engine beyond its core cybersecurity business. Palo Alto advances AI-driven identity strategy with Idira launch, shares gain
• Neutral Sentiment: Zacks noted that PANW is drawing unusual investor attention, but the piece was mainly a watchlist-style overview rather than a fresh catalyst. Is Most-Watched Stock Palo Alto Networks, Inc. (PANW) Worth Betting on Now?

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.