Anatole Investment Management Ltd Makes New Investment in Palo Alto Networks, Inc. $PANW

by · The Markets Daily

Anatole Investment Management Ltd bought a new position in Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 168,289 shares of the network technology company’s stock, valued at approximately $30,999,000. Palo Alto Networks accounts for approximately 5.1% of Anatole Investment Management Ltd’s investment portfolio, making the stock its 7th largest position.

Other hedge funds have also added to or reduced their stakes in the company. Aviva PLC boosted its position in Palo Alto Networks by 5.4% in the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock worth $104,774,000 after purchasing an additional 29,230 shares during the last quarter. Westfield Capital Management Co. LP purchased a new position in shares of Palo Alto Networks during the 3rd quarter valued at $75,412,000. Peapack Gladstone Financial Corp raised its stake in shares of Palo Alto Networks by 8.8% during the 4th quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock valued at $8,926,000 after purchasing an additional 3,926 shares during the period. American Century Companies Inc. raised its stake in shares of Palo Alto Networks by 134.1% during the 3rd quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock valued at $136,859,000 after purchasing an additional 384,985 shares during the period. Finally, US Bancorp DE raised its stake in shares of Palo Alto Networks by 0.6% during the 3rd quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock valued at $277,828,000 after purchasing an additional 8,344 shares during the period. 79.82% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Nikesh Arora bought 68,085 shares of the company’s stock in a transaction on Friday, March 27th. The shares were acquired at an average cost of $146.87 per share, with a total value of $9,999,643.95. Following the completion of the transaction, the chief executive officer owned 343,394 shares of the company’s stock, valued at approximately $50,434,276.78. This trade represents a 24.73% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John P. Key sold 7,500 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.24, for a total value of $2,094,300.00. Following the completion of the transaction, the director directly owned 12,500 shares in the company, valued at $3,490,500. The trade was a 37.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 101,044 shares of company stock valued at $26,022,722 in the last 90 days. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Up 0.8%

Palo Alto Networks stock opened at $282.13 on Thursday. The firm has a market cap of $229.94 billion, a price-to-earnings ratio of 231.25, a PEG ratio of 10.39 and a beta of 0.94. The stock has a fifty day simple moving average of $223.60 and a two-hundred day simple moving average of $191.30. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $302.95. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company’s quarterly revenue was up 31.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.37 EPS. 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. Equities analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on PANW shares. BMO Capital Markets upped their target price on Palo Alto Networks from $270.00 to $335.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Stephens increased their target price on Palo Alto Networks from $180.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, June 3rd. Wedbush increased their target price on Palo Alto Networks from $300.00 to $340.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. Royal Bank Of Canada increased their price objective on Palo Alto Networks from $255.00 to $330.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Finally, Sanford C. Bernstein increased their target price on Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus target price of $306.59.

Read Our Latest Report on PANW

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.

See Also

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