Union Bancaire Privee UBP SA Reduces Stock Holdings in Palo Alto Networks, Inc. $PANW

Union Bancaire Privee UBP SA lowered its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 79.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 348,228 shares of the network technology company’s stock after selling 1,358,038 shares during the quarter. Palo Alto Networks accounts for approximately 1.3% of Union Bancaire Privee UBP SA’s holdings, making the stock its 21st biggest holding. Union Bancaire Privee UBP SA owned 0.05% of Palo Alto Networks worth $64,965,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. HWG Holdings LP purchased a new position in shares of Palo Alto Networks in the first quarter valued at $31,000. Dagco Inc. acquired a new stake in shares of Palo Alto Networks during the first quarter valued at $33,000. Marshall & Sullivan Inc. WA acquired a new stake in shares of Palo Alto Networks during the second quarter valued at $41,000. WPG Advisers LLC acquired a new stake in shares of Palo Alto Networks during the first quarter valued at $37,000. Finally, Strategic Investment Solutions Inc. IL boosted its stake in shares of Palo Alto Networks by 58.9% during the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after acquiring an additional 83 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on PANW shares. Jefferies Financial Group set a $235.00 price objective on Palo Alto Networks in a research note on Tuesday, July 29th. JMP Securities reissued a “market outperform” rating and issued a $212.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Cantor Fitzgerald reissued an “overweight” rating and issued a $223.00 price target on shares of Palo Alto Networks in a research note on Friday, August 15th. Westpark Capital reissued a “hold” rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $230.00 price target on shares of Palo Alto Networks in a research note on Wednesday, September 3rd. Thirty research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $214.64.

Palo Alto Networks Price Performance

Palo Alto Networks stock opened at $203.96 on Tuesday. The stock’s 50-day moving average is $189.67 and its 200-day moving average is $187.63. The company has a market cap of $136.43 billion, a price-to-earnings ratio of 127.08, a price-to-earnings-growth ratio of 4.82 and a beta of 0.98. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $210.39.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period last year, the business posted $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. Research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Buying and Selling at Palo Alto Networks

In related news, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The stock was 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. This trade represents a 75.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Josh D. Paul sold 700 shares of the firm’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $184.20, for a total value of $128,940.00. Following the sale, the chief accounting officer owned 37,723 shares in the company, valued at approximately $6,948,576.60. The trade was a 1.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,314,430 shares of company stock worth $259,210,094. Insiders own 2.50% of the company’s stock.

About Palo Alto Networks

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.