Quent Capital LLC grew its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 5.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,135 shares of the network technology company’s stock after acquiring an additional 62 shares during the quarter. Quent Capital LLC’s holdings in Palo Alto Networks were worth $232,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of PANW. Nuveen LLC acquired a new stake in shares of Palo Alto Networks in the 1st quarter valued at approximately $810,047,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Palo Alto Networks in the 2nd quarter valued at approximately $633,068,000. Goldman Sachs Group Inc. boosted its holdings in shares of Palo Alto Networks by 41.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock valued at $1,234,650,000 after buying an additional 2,134,735 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of Palo Alto Networks by 77.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company’s stock valued at $662,000,000 after buying an additional 1,688,432 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of 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 last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.
Insiders Place Their Bets
In related news, EVP Nir Zuk sold 100,000 shares of the firm’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the sale, the executive vice president directly owned 3,143,516 shares of the company’s stock, valued at $543,199,564.80. This trade represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the completion of the sale, the chief executive officer directly owned 275,013 shares in the company, valued at $56,119,152.78. This trade represents a 75.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,315,130 shares of company stock valued at $259,351,606 over the last ninety days. 2.50% of the stock is owned by insiders.
Analyst Ratings Changes
Get Our Latest Stock Analysis on PANW
Palo Alto Networks Stock Performance
Shares of NASDAQ PANW opened at $207.19 on Friday. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $212.10. The stock has a market capitalization of $138.59 billion, a P/E ratio of 129.09, a PEG ratio of 4.93 and a beta of 0.98. The stock’s fifty day moving average is $190.20 and its 200 day moving average is $188.21.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last issued its quarterly earnings results 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 analysts’ expectations of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.Palo Alto Networks’s revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the business earned $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Equities research analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.
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.
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