Invesco LLC Raises Stock Position in Palo Alto Networks, Inc. $PANW

Invesco LLC boosted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 93.4% in the 2nd quarter, Holdings Channel reports. The firm owned 9,176 shares of the network technology company’s stock after buying an additional 4,432 shares during the quarter. Invesco LLC’s holdings in Palo Alto Networks were worth $1,878,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. HWG Holdings LP purchased a new position in Palo Alto Networks in the 1st quarter worth approximately $31,000. Dagco Inc. purchased a new position in Palo Alto Networks in the 1st quarter valued at about $33,000. WPG Advisers LLC purchased a new position in Palo Alto Networks in the 1st quarter valued at about $37,000. Strategic Investment Solutions Inc. IL grew its stake in shares of Palo Alto Networks by 58.9% during the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after acquiring an additional 83 shares in the last quarter. Finally, Stonebridge Financial Group LLC increased its position in shares of Palo Alto Networks by 46.8% during the first quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock worth $40,000 after acquiring an additional 74 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on PANW shares. JMP Securities restated a “market outperform” rating and set a $212.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 price target on shares of Palo Alto Networks and gave the stock an “outperform” rating in a research note on Tuesday, August 19th. Scotiabank upped their price target on shares of Palo Alto Networks from $225.00 to $228.00 and gave the company a “sector outperform” rating in a report on Tuesday, August 19th. Bank of America upgraded shares of Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 price objective on the stock in a research note on Tuesday, August 19th. Finally, Tigress Financial began coverage on shares of Palo Alto Networks in a report on Friday. They set a “buy” rating and a $245.00 price objective for the company. Thirty equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $214.64.

Palo Alto Networks Stock Up 0.1%

Shares of NASDAQ:PANW opened at $202.37 on Monday. The company has a market cap of $135.37 billion, a PE ratio of 126.09, a P/E/G ratio of 4.82 and a beta of 0.98. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $210.39. The firm has a 50-day simple moving average of $189.58 and a 200 day simple moving average of $187.47.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. Palo Alto Networks’s revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the company posted $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. As a group, research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling at Palo Alto Networks

In other news, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the transaction, the chief executive officer owned 275,013 shares in the company, valued at approximately $56,119,152.78. This represents a 75.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $184.20, for a total transaction of $128,940.00. Following the completion of the sale, the chief accounting officer owned 37,723 shares in the company, valued at approximately $6,948,576.60. This represents a 1.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,415,030 shares of company stock worth $279,198,494. 2.50% of the stock is owned by company insiders.

About Palo Alto Networks

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.