Fiera Capital Corp Buys 20,980 Shares of Palo Alto Networks, Inc. $PANW

Fiera Capital Corp increased its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 32.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 86,444 shares of the network technology company’s stock after acquiring an additional 20,980 shares during the quarter. Fiera Capital Corp’s holdings in Palo Alto Networks were worth $15,923,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. CBIZ Investment Advisory Services LLC grew its position in Palo Alto Networks by 39.7% during the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 176 shares of the network technology company’s stock worth $36,000 after acquiring an additional 50 shares during the last quarter. Harold Davidson & Associates Inc. lifted its holdings in Palo Alto Networks by 5.0% in the 3rd quarter. Harold Davidson & Associates Inc. now owns 1,056 shares of the network technology company’s stock worth $215,000 after buying an additional 50 shares during the period. Princeton Capital Management LLC lifted its holdings in Palo Alto Networks by 3.4% in the 3rd quarter. Princeton Capital Management LLC now owns 1,520 shares of the network technology company’s stock worth $310,000 after buying an additional 50 shares during the period. South Plains Financial Inc. lifted its holdings in Palo Alto Networks by 1.0% in the 3rd quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock worth $982,000 after buying an additional 50 shares during the period. Finally, Fayez Sarofim & Co lifted its holdings in Palo Alto Networks by 1.2% in the 3rd quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock worth $878,000 after buying an additional 50 shares during the period. 79.82% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, Director John P. Key sold 1,572 shares of Palo Alto Networks stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $173.32, for a total transaction of $272,459.04. Following the completion of the transaction, the director owned 20,000 shares in the company, valued at approximately $3,466,400. The trade was a 7.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total value of $802,100.00. Following the completion of the transaction, the executive vice president owned 150,250 shares of the company’s stock, valued at $24,103,105. This represents a 3.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 72,076 shares of company stock valued at $17,930,587 in the last ninety days. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Down 2.1%

Shares of NASDAQ:PANW opened at $266.33 on Tuesday. The stock has a fifty day simple moving average of $207.23 and a two-hundred day simple moving average of $186.93. The stock has a market capitalization of $217.06 billion, a price-to-earnings ratio of 218.30, a PEG ratio of 9.55 and a beta of 0.94. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $302.95. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm’s quarterly revenue was up 31.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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, research analysts anticipate that Palo Alto Networks, Inc. will post 2.15 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PANW. Jefferies Financial Group set a $335.00 price objective on Palo Alto Networks and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Benchmark increased their price objective on Palo Alto Networks from $270.00 to $340.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. TD Cowen restated a “buy” rating and issued a $330.00 target price (up from $255.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Mizuho raised their target price on Palo Alto Networks from $265.00 to $305.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Finally, Guggenheim cut Palo Alto Networks from a “neutral” rating to a “reduce” rating in a research note on Wednesday, May 27th. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average price target of $306.59.

Palo Alto Networks 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.