BOK Financial Private Wealth Inc. Has $4.10 Million Stake in Palo Alto Networks, Inc. $PANW

BOK Financial Private Wealth Inc. lowered its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 10.0% during the second quarter, HoldingsChannel reports. The fund owned 20,033 shares of the network technology company’s stock after selling 2,222 shares during the quarter. BOK Financial Private Wealth Inc.’s holdings in Palo Alto Networks were worth $4,100,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Nuveen LLC bought a new position in Palo Alto Networks in the 1st quarter valued at approximately $810,047,000. Kingstone Capital Partners Texas LLC acquired a new position in Palo Alto Networks in the 2nd quarter valued at approximately $633,068,000. Goldman Sachs Group Inc. raised its stake in shares of Palo Alto Networks by 41.9% during the first quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock valued at $1,234,650,000 after acquiring an additional 2,134,735 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Palo Alto Networks by 77.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company’s stock valued at $662,000,000 after acquiring an additional 1,688,432 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Palo Alto Networks by 2.5% during the first quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock worth $10,712,019,000 after purchasing an additional 1,541,637 shares during the period. 79.82% of the stock is currently owned by institutional investors.

Insider Transactions at Palo Alto Networks

In other news, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the sale, the chief executive officer owned 275,013 shares in the company, valued at $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $217.94, for a total value of $26,321,485.56. Following the transaction, the executive vice president directly owned 356,409 shares in the company, valued at $77,675,777.46. The trade was a 25.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 1,215,830 shares of company stock valued at $249,160,428. 2.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on PANW shares. UBS Group set a $245.00 price objective on Palo Alto Networks in a report on Friday, September 26th. Bank of America raised their price objective on Palo Alto Networks from $215.00 to $240.00 and gave the stock a “buy” rating in a research report on Monday, October 20th. Guggenheim lifted their price objective on Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research note on Tuesday, August 19th. Needham & Company LLC reissued a “buy” rating and set a $230.00 target price on shares of Palo Alto Networks in a research report on Wednesday, September 3rd. Finally, KeyCorp lowered shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 31st. Thirty equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $218.17.

Palo Alto Networks Stock Up 0.4%

Palo Alto Networks stock opened at $212.29 on Monday. The company has a market capitalization of $142.00 billion, a PE ratio of 132.27, a PEG ratio of 5.05 and a beta of 0.95. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $223.61. The firm’s fifty day moving average is $207.16 and its 200 day moving average is $196.19.

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

Palo Alto Networks Company Profile

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.