Hsbc Holdings PLC Acquires 162,847 Shares of Palo Alto Networks, Inc. $PANW

Hsbc Holdings PLC grew its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 12.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,456,150 shares of the network technology company’s stock after acquiring an additional 162,847 shares during the quarter. Hsbc Holdings PLC owned 0.18% of Palo Alto Networks worth $268,520,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Brighton Jones LLC grew its holdings in shares of Palo Alto Networks by 147.7% during the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after purchasing an additional 4,031 shares during the last quarter. Bison Wealth LLC lifted its stake in Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after purchasing an additional 3,275 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in Palo Alto Networks by 66.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock valued at $713,000 after purchasing an additional 1,389 shares during the last quarter. Osterweis Capital Management Inc. boosted its position in Palo Alto Networks by 11,100.0% in the second quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock valued at $115,000 after buying an additional 555 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its position in Palo Alto Networks by 6.0% in the second quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company’s stock valued at $900,000 after buying an additional 249 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

PANW stock opened at $287.78 on Friday. The company has a market capitalization of $234.54 billion, a P/E ratio of 235.89, a PEG ratio of 10.69 and a beta of 0.94. The company has a fifty day moving average price of $228.24 and a 200-day moving average price of $192.65. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last issued 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 for the quarter, compared to analysts’ expectations 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 for the quarter was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the firm 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. As a group, equities analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Insider Activity

In other news, Director James J. Goetz sold 20,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the transaction, the director directly owned 20,000 shares in the company, valued at $5,598,000. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Nikesh Arora acquired 68,085 shares of the stock in a transaction dated Friday, March 27th. The shares were bought at an average price of $146.87 per share, with a total value of $9,999,643.95. Following the completion of the transaction, the chief executive officer directly owned 343,394 shares of the company’s stock, valued at $50,434,276.78. The trade was a 24.73% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders sold 101,044 shares of company stock worth $26,022,722. 1.40% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on PANW shares. Rosenblatt Securities upped their price target on shares of Palo Alto Networks from $275.00 to $355.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. UBS Group set a $300.00 price objective on Palo Alto Networks and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Morgan Stanley boosted their price objective on Palo Alto Networks from $253.00 to $320.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Sanford C. Bernstein upped their target price on Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Finally, Truist Financial increased their target price on Palo Alto Networks from $275.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $306.59.

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.