Penserra Capital Management LLC Buys 1,032 Shares of Palo Alto Networks, Inc. $PANW

Penserra Capital Management LLC grew its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 0.2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 646,224 shares of the network technology company’s stock after purchasing an additional 1,032 shares during the period. Palo Alto Networks makes up about 1.8% of Penserra Capital Management LLC’s holdings, making the stock its 6th largest holding. Penserra Capital Management LLC’s holdings in Palo Alto Networks were worth $132,242,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its position in Palo Alto Networks by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock valued at $10,712,019,000 after buying an additional 1,541,637 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Palo Alto Networks by 41.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after acquiring an additional 2,134,735 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Palo Alto Networks by 16.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company’s stock valued at $1,177,765,000 after purchasing an additional 950,765 shares in the last quarter. Nuveen LLC acquired a new position in shares of Palo Alto Networks in the 1st quarter valued at $810,047,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Palo Alto Networks by 5.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 4,422,037 shares of the network technology company’s stock worth $754,576,000 after purchasing an additional 219,111 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on PANW. Bank of America boosted their price objective on Palo Alto Networks from $215.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, October 20th. Royal Bank Of Canada reissued an “outperform” rating and set a $232.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. JMP Securities upped their target price on shares of Palo Alto Networks from $212.00 to $250.00 and gave the company a “market outperform” rating in a report on Monday, October 27th. Guggenheim increased their target price on shares of Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research note on Tuesday, August 19th. Finally, UBS Group set a $245.00 price target on Palo Alto Networks in a report on Friday, September 26th. Thirty research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $218.17.

Insiders Place Their Bets

In other Palo Alto Networks news, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction on 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 sale, the chief executive officer directly owned 275,013 shares in the company, valued at approximately $56,119,152.78. The trade was a 75.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the transaction, the executive vice president directly owned 96,135 shares in the company, valued at approximately $19,629,805.65. This trade represents a 4.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,215,830 shares of company stock worth $249,160,428. Insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Up 0.4%

NASDAQ PANW opened at $212.29 on Friday. The stock has a market capitalization of $142.00 billion, a P/E ratio of 132.27, a P/E/G ratio of 5.03 and a beta of 0.95. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $223.61. The firm has a 50-day moving average price of $207.16 and a 200 day moving average price of $195.77.

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