George Kaiser Family Foundation Acquires Shares of 2,535 Palo Alto Networks, Inc. $PANW

George Kaiser Family Foundation acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 2,535 shares of the network technology company’s stock, valued at approximately $864,000.

A number of other hedge funds also recently modified their holdings of PANW. Forum Private Client Group LLC bought a new position in Palo Alto Networks in the 2nd quarter valued at about $233,000. Emerald Investment Advisers LLC bought a new stake in shares of Palo Alto Networks during the second quarter worth approximately $13,208,000. Westpac Banking Corp bought a new stake in shares of Palo Alto Networks during the second quarter worth approximately $1,401,000. TRB Wealth Management LLC acquired a new position in shares of Palo Alto Networks in the second quarter valued at approximately $1,106,000. Finally, Sumitomo Life Insurance Co. acquired a new position in shares of Palo Alto Networks in the second quarter valued at approximately $27,548,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on PANW. Cantor Fitzgerald lifted their price target on Palo Alto Networks from $340.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday. Stifel Nicolaus set a $415.00 price objective on Palo Alto Networks and gave the company a “buy” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft increased their price objective on Palo Alto Networks from $220.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Oppenheimer reissued an “outperform” rating and set a $400.00 target price (up from $350.00) on shares of Palo Alto Networks in a report on Tuesday, August 4th. Finally, FBN Securities reissued an “outperform” rating on shares of Palo Alto Networks in a research report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Palo Alto Networks currently has an average rating of “Moderate Buy” and a consensus price target of $362.67.

Insiders Place Their Bets

In related news, Director Helle Thorning-Schmidt sold 700 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total transaction of $242,795.00. Following the completion of the sale, the director owned 5,898 shares of the company’s stock, valued at $2,045,721.30. This represents a 10.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the sale, the executive vice president owned 145,250 shares in the company, valued at $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 37,935 shares of company stock valued at $10,809,461 over the last 90 days. 1.40% of the stock is owned by company insiders.

Palo Alto Networks Stock Up 2.4%

NASDAQ PANW opened at $358.04 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a market cap of $291.80 billion, a price-to-earnings ratio of 293.48, a PEG ratio of 12.02 and a beta of 0.91. The company has a 50 day moving average of $337.38 and a 200-day moving average of $241.72. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $398.88.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data 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 firm had revenue of $3 billion for 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 revenue was up 31.1% on a year-over-year basis. 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. On average, equities research analysts expect that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current fiscal year.

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.