OP Asset Management Ltd Invests $24.34 Million in Palo Alto Networks, Inc. $PANW

by · The Markets Daily

OP Asset Management Ltd bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 151,855 shares of the network technology company’s stock, valued at approximately $24,345,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in 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 acquiring an additional 4,031 shares during the period. Bison Wealth LLC increased its stake in shares of Palo Alto Networks by 169.1% in the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock worth $948,000 after acquiring an additional 3,275 shares during the period. Sivia Capital Partners LLC raised its holdings in shares of Palo Alto Networks by 66.3% during the second quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock worth $713,000 after purchasing an additional 1,389 shares during the last quarter. Osterweis Capital Management Inc. lifted its position in Palo Alto Networks by 11,100.0% during the second quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock valued at $115,000 after purchasing an additional 555 shares during the period. Finally, Main Street Financial Solutions LLC lifted its position in Palo Alto Networks by 6.0% during 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 purchasing an additional 249 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Trading Down 1.9%

Shares of Palo Alto Networks stock opened at $285.26 on Thursday. The firm has a 50-day simple moving average of $235.79 and a two-hundred day simple moving average of $194.68. The company has a market cap of $232.49 billion, a P/E ratio of 233.82, a price-to-earnings-growth ratio of 10.80 and a beta of 0.94. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $302.95. 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 (NASDAQ:PANW – Get Free Report) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same period last year, the firm earned $0.37 EPS. The company’s quarterly revenue was up 31.1% on a year-over-year basis. 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 predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have weighed in on PANW shares. Mizuho increased their price target 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. 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. Benchmark raised their target price on Palo Alto Networks from $270.00 to $340.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Weiss Ratings cut Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Finally, Morgan Stanley boosted their price target on Palo Alto Networks from $253.00 to $320.00 and gave the company an “overweight” rating in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $306.59.

Get Our Latest Analysis on PANW

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, Director John P. Key sold 7,500 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the transaction, the director owned 12,500 shares in the company, valued at approximately $3,490,500. This represents a 37.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director James J. Goetz sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $279.90, for a total value of $5,598,000.00. Following the completion of the sale, the director directly owned 20,000 shares in the company, valued at approximately $5,598,000. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 106,389 shares of company stock valued at $27,570,630 in the last ninety days. 1.40% of the stock is currently owned by company insiders.

Palo Alto Networks Company Profile

(Free Report)

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.

Further Reading

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