Rakuten Securities Inc. Makes New $496,000 Investment in Palo Alto Networks, Inc. $PANW

Rakuten Securities Inc. acquired a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 1,453 shares of the network technology company’s stock, valued at approximately $496,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ieq Capital LLC bought a new position in shares of Palo Alto Networks in the 2nd quarter worth approximately $32,131,000. Callan Family Office LLC purchased a new position in shares of Palo Alto Networks in the 2nd quarter valued at approximately $10,888,000. Gambit Capital Management LLC purchased a new position in shares of Palo Alto Networks in the 2nd quarter valued at approximately $229,000. Fund Advisors of America Inc FL bought a new stake in shares of Palo Alto Networks during the second quarter valued at approximately $545,000. Finally, Manhattan West Asset Management LLC bought a new stake in shares of Palo Alto Networks during the second quarter valued at approximately $605,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

PANW has been the subject of a number of research reports. Tigress Financial increased their price objective on Palo Alto Networks from $245.00 to $430.00 and gave the stock a “buy” rating in a report on Wednesday, July 15th. Scotiabank restated a “sector outperform” rating and set a $320.00 target price (up from $180.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Piper Sandler reaffirmed an “overweight” rating and issued a $345.00 target price (up from $265.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Jefferies Financial Group set a $335.00 price target on shares of Palo Alto Networks and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of Palo Alto Networks from $200.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $362.67.

Palo Alto Networks Stock Up 2.4%

PANW stock opened at $358.04 on Friday. The business has a 50 day moving average of $337.38 and a 200 day moving average of $241.72. The firm has a market cap of $291.80 billion, a PE ratio of 293.48, a price-to-earnings-growth ratio of 11.74 and a beta of 0.91. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $398.88. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results 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 return on equity of 10.53% and a net margin of 7.95%.The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the previous year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was up 31.1% compared to the same quarter last year. 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 forecast that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Insider Transactions at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the transaction, the executive vice president owned 145,250 shares in the company, valued at $42,058,590. The trade was a 3.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Helle Thorning-Schmidt sold 700 shares of the stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total transaction of $242,795.00. Following the sale, the director directly owned 5,898 shares in the company, valued at $2,045,721.30. This trade represents a 10.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 37,935 shares of company stock worth $10,809,461 over the last quarter. Corporate insiders own 1.40% of the company’s stock.

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.