Palo Alto Networks, Inc. $PANW Stock Position Lifted by Bessemer Group Inc.

Bessemer Group Inc. grew its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 2.7% in the first quarter, Holdings Channel.com reports. The fund owned 732,562 shares of the network technology company’s stock after buying an additional 19,097 shares during the period. Bessemer Group Inc.’s holdings in Palo Alto Networks were worth $117,446,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks during the second quarter valued at $25,000. Steph & Co. lifted its position in shares of Palo Alto Networks by 88.2% in the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after buying an additional 67 shares during the last quarter. Knuff & Co LLC acquired a new position in shares of Palo Alto Networks in the 4th quarter valued at about $26,000. Sittner & Nelson LLC boosted its holdings in shares of Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after buying an additional 62 shares during the period. Finally, Luken Investment Analytics LLC grew its position in shares of Palo Alto Networks by 196.2% during the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after buying an additional 102 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total value of $1,447,800.00. Following the completion of the sale, the executive vice president owned 145,250 shares in the company, valued at $42,058,590. This represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director James J. Goetz sold 20,000 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the sale, the director directly owned 20,000 shares of the company’s stock, valued at $5,598,000. The trade was a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 101,239 shares of company stock worth $27,174,360. 1.40% of the stock is owned by corporate insiders.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $358.68 on Friday. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $368.80. The firm’s 50-day simple moving average is $290.04 and its 200 day simple moving average is $212.30. 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 stock has a market cap of $292.32 billion, a P/E ratio of 294.00, a P/E/G ratio of 13.14 and a beta of 0.91.

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 analysts’ consensus estimates of $0.79 by $0.06. The firm 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%. Palo Alto Networks’s revenue was up 31.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.37 EPS. 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.

Analyst Ratings Changes

PANW has been the topic of a number of recent research reports. Sanford C. Bernstein raised their target price on shares of Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Wells Fargo & Company increased their price target on Palo Alto Networks from $325.00 to $420.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. UBS Group set a $300.00 price objective on Palo Alto Networks and gave the company a “neutral” rating in a research report on Wednesday, June 3rd. The Goldman Sachs Group restated a “buy” rating and set a $330.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Mizuho increased their target price on Palo Alto Networks from $265.00 to $305.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $327.74.

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.