Union Bancaire Privee UBP SA Has $53.80 Million Holdings in Palo Alto Networks, Inc. $PANW

Union Bancaire Privee UBP SA increased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 19.1% during the first quarter, Holdings Channel.com reports. The firm owned 335,609 shares of the network technology company’s stock after buying an additional 53,913 shares during the quarter. Palo Alto Networks accounts for approximately 0.9% of Union Bancaire Privee UBP SA’s holdings, making the stock its 19th biggest position. Union Bancaire Privee UBP SA’s holdings in Palo Alto Networks were worth $53,805,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. South Plains Financial Inc. boosted its position in shares of Palo Alto Networks by 1.0% during the third quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock valued at $982,000 after buying an additional 50 shares during the last quarter. Fayez Sarofim & Co lifted its position in shares of Palo Alto Networks by 1.2% during 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 in the last quarter. Certified Advisory Corp boosted its stake in shares of Palo Alto Networks by 0.3% in the 3rd quarter. Certified Advisory Corp now owns 16,938 shares of the network technology company’s stock worth $3,449,000 after buying an additional 51 shares during the last quarter. Cooper Financial Group grew its holdings in shares of Palo Alto Networks by 1.3% in the fourth quarter. Cooper Financial Group now owns 4,227 shares of the network technology company’s stock valued at $779,000 after acquiring an additional 53 shares in the last quarter. Finally, Outfitters Financial LLC increased its position in shares of Palo Alto Networks by 1.7% during the fourth quarter. Outfitters Financial LLC now owns 3,265 shares of the network technology company’s stock valued at $601,000 after acquiring an additional 55 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

PANW opened at $304.20 on Friday. The firm has a 50-day moving average price of $241.22 and a 200-day moving average price of $196.11. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $306.24. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $247.92 billion, a price-to-earnings ratio of 249.34, a PEG ratio of 10.88 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period last year, the firm earned $0.37 EPS. Palo Alto Networks’s revenue for the quarter was up 31.1% on a year-over-year basis. 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. Equities analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Insider Buying and Selling

In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the completion of the transaction, the director owned 20,000 shares in the company, valued at $5,598,000. This trade represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Lee Klarich sold 62,904 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the sale, the executive vice president owned 235,983 shares in the company, valued at approximately $61,037,002.95. This represents a 21.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 106,389 shares of company stock valued at $27,570,630 in the last 90 days. Corporate insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Susquehanna reiterated a “positive” rating and set a $350.00 price target (up from $200.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. TD Cowen reaffirmed a “buy” rating and set a $330.00 target price (up from $255.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. JPMorgan Chase & Co. lifted their target price on Palo Alto Networks from $200.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Argus increased their price target on shares of Palo Alto Networks from $222.00 to $320.00 in a research report on Friday, June 5th. Finally, William Blair restated an “outperform” rating on shares of Palo Alto Networks in a report on Tuesday, June 16th. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus 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.