Clal Insurance Enterprises Holdings Ltd Invests $79.29 Million in Palo Alto Networks, Inc. $PANW

Clal Insurance Enterprises Holdings Ltd acquired a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 232,499 shares of the network technology company’s stock, valued at approximately $79,287,000.

Several other hedge funds have also recently added to or reduced their stakes in PANW. Janney Montgomery Scott LLC lifted its holdings in shares of Palo Alto Networks by 15.0% in the first quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock valued at $65,796,000 after buying an additional 53,485 shares during the period. Aviva PLC lifted its holdings in Palo Alto Networks by 5.4% in the 4th quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after acquiring an additional 29,230 shares during the last quarter. B&D White Capital Company LLC bought a new position in shares of Palo Alto Networks during the 1st quarter valued at about $353,000. Bridgewater Advisors Inc. acquired a new position in shares of Palo Alto Networks in the 2nd quarter worth approximately $2,159,000. Finally, Granite Islands Private Wealth LLC grew its stake in shares of Palo Alto Networks by 43.6% in the 1st quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock worth $2,453,000 after purchasing an additional 4,659 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Insider Activity at Palo Alto Networks

In other news, Director John P. Key sold 7,500 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $279.24, for a total value of $2,094,300.00. Following the completion of the sale, the director directly owned 12,500 shares of the company’s stock, valued at $3,490,500. This represents a 37.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Helle Thorning-Schmidt sold 700 shares of the firm’s stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $346.85, for a total transaction of $242,795.00. Following the sale, the director owned 5,898 shares of the company’s stock, valued at approximately $2,045,721.30. This represents a 10.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 37,935 shares of company stock worth $10,809,461. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Up 0.0%

Palo Alto Networks stock opened at $358.04 on Monday. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $398.88. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market capitalization of $291.80 billion, a price-to-earnings ratio of 293.48, a P/E/G ratio of 12.00 and a beta of 0.91. The company has a 50 day moving average price of $337.38 and a 200 day moving average price of $242.19.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the previous year, the business earned $0.37 EPS. The company’s revenue 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. Research analysts forecast that Palo Alto Networks, Inc. will post 2.02 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Cantor Fitzgerald raised their target price on shares of Palo Alto Networks from $340.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. New Street Research set a $415.00 price target on Palo Alto Networks in a report on Tuesday, August 18th. Sanford C. Bernstein increased their price objective on Palo Alto Networks from $209.00 to $253.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. FBN Securities reissued an “outperform” rating on shares of Palo Alto Networks in a research note on Wednesday, July 1st. Finally, Rosenblatt Securities lifted their target price on Palo Alto Networks from $275.00 to $355.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $362.67.

Palo Alto Networks Company 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.