Nisa Investment Advisors LLC Lowers Holdings in Palo Alto Networks, Inc. $PANW

Nisa Investment Advisors LLC decreased its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 10.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 122,766 shares of the network technology company’s stock after selling 14,897 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Palo Alto Networks were worth $25,123,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Whipplewood Advisors LLC boosted its holdings in Palo Alto Networks by 6,400.0% during the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after buying an additional 128 shares in the last quarter. Briaud Financial Planning Inc acquired a new stake in shares of Palo Alto Networks during the 2nd quarter valued at about $28,000. Dagco Inc. purchased a new position in shares of Palo Alto Networks in the 1st quarter valued at about $33,000. WPG Advisers LLC acquired a new position in Palo Alto Networks in the 1st quarter worth about $37,000. Finally, Strategic Investment Solutions Inc. IL boosted its position in 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 worth $38,000 after purchasing an additional 83 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Up 1.0%

Shares of PANW opened at $217.11 on Monday. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $218.23. The firm’s fifty day moving average is $200.79 and its two-hundred day moving average is $192.59. The stock has a market cap of $145.22 billion, a PE ratio of 135.27, a price-to-earnings-growth ratio of 5.16 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. Palo Alto Networks’s quarterly revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the business posted $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. As a group, research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have commented on the company. UBS Group set a $245.00 price objective on Palo Alto Networks in a report on Friday, September 26th. Barclays reissued an “overweight” rating and issued a $215.00 price target (up previously from $210.00) on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Scotiabank increased their price objective on shares of Palo Alto Networks from $225.00 to $228.00 and gave the company a “sector outperform” rating in a report on Tuesday, August 19th. Bank of America lifted their target price on shares of Palo Alto Networks from $215.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, October 20th. Finally, Truist Financial set a $220.00 target price on shares of Palo Alto Networks and gave the company a “buy” rating in a research report on Tuesday, August 19th. Thirty investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $217.22.

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the transaction, the executive vice president directly owned 96,135 shares in the company, valued at $19,629,805.65. The trade was a 4.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Nir Zuk sold 100,000 shares of the business’s stock in a transaction on 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 transaction, the executive vice president directly owned 3,143,516 shares in the company, valued at $543,199,564.80. This trade represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is owned by company insiders.

Palo Alto Networks Company Profile

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.