21,991 Shares in Palo Alto Networks, Inc. $PANW Bought by Vega Investment Solutions

Vega Investment Solutions purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,991 shares of the network technology company’s stock, valued at approximately $7,499,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in shares of Palo Alto Networks in the second quarter valued at about $25,833,462,000. State Street Corp increased its stake in Palo Alto Networks by 2.0% during the fourth quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock valued at $5,587,100,000 after acquiring an additional 594,789 shares during the period. Bank of America Corp DE increased its stake in Palo Alto Networks by 16.0% during the first quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company’s stock valued at $3,603,473,000 after acquiring an additional 3,101,267 shares during the period. Geode Capital Management LLC raised its holdings in Palo Alto Networks by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock valued at $2,934,935,000 after acquiring an additional 540,756 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Palo Alto Networks in the 4th quarter worth approximately $1,415,364,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Helle Thorning-Schmidt sold 700 shares of the company’s 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 transaction, the director owned 5,898 shares in the company, valued at $2,045,721.30. This represents a 10.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John P. Key sold 7,500 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the completion of the sale, the director owned 12,500 shares of the company’s stock, valued at $3,490,500. The trade was a 37.50% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 37,935 shares of company stock valued at $10,809,461. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Price Performance

NASDAQ:PANW opened at $350.90 on Tuesday. 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 firm has a market cap of $285.98 billion, a PE ratio of 287.62, a price-to-earnings-growth ratio of 12.00 and a beta of 0.91. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $398.88. The company’s 50-day moving average price is $338.70 and its two-hundred day moving average price is $243.49.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company’s revenue was up 31.1% on a year-over-year basis. During the same quarter last year, the business posted $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, equities analysts anticipate that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on PANW. Citizens Jmp boosted their price objective on Palo Alto Networks from $320.00 to $415.00 and gave the company a “market outperform” rating in a research report on Wednesday, August 12th. Robert W. Baird set a $320.00 price target on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Scotiabank reaffirmed a “sector outperform” rating and set a $320.00 price objective (up from $180.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. William Blair reissued an “outperform” rating on shares of Palo Alto Networks in a research note on Tuesday, June 16th. Finally, Wedbush increased their price target on shares of Palo Alto Networks from $300.00 to $340.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $364.00.

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.