Banco Bilbao Vizcaya Argentaria S.A. Cuts Position in Palo Alto Networks, Inc. $PANW

Banco Bilbao Vizcaya Argentaria S.A. decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 0.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 85,381 shares of the network technology company’s stock after selling 395 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Palo Alto Networks were worth $17,421,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Palo Alto Networks in the 1st quarter valued at $261,000. Strive Asset Management LLC increased its stake in Palo Alto Networks by 16.6% in the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock valued at $358,000 after purchasing an additional 299 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its stake in Palo Alto Networks by 25.3% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 205,053 shares of the network technology company’s stock valued at $41,957,000 after purchasing an additional 41,392 shares during the period. Whipplewood Advisors LLC raised its holdings in shares of Palo Alto Networks by 6,400.0% in the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock valued at $27,000 after buying an additional 128 shares during the last quarter. Finally, Arkadios Wealth Advisors boosted its stake in shares of Palo Alto Networks by 9.2% during the second quarter. Arkadios Wealth Advisors now owns 39,893 shares of the network technology company’s stock worth $8,164,000 after buying an additional 3,351 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Activity at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $219.97, for a total transaction of $153,979.00. Following the sale, the chief accounting officer owned 47,505 shares of the company’s stock, valued at approximately $10,449,674.85. The trade was a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $217.94, for a total transaction of $26,321,485.56. Following the transaction, the executive vice president owned 356,409 shares in the company, valued at $77,675,777.46. The trade was a 25.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,215,830 shares of company stock worth $249,160,428 over the last three months. 2.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. KeyCorp cut Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Oppenheimer lifted their target price on Palo Alto Networks from $225.00 to $245.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Royal Bank Of Canada boosted their target price on Palo Alto Networks from $232.00 to $250.00 and gave the company an “outperform” rating in a report on Wednesday. BMO Capital Markets increased their price target on Palo Alto Networks from $217.00 to $225.00 and gave the stock an “outperform” rating in a report on Tuesday, August 19th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Palo Alto Networks in a research report on Thursday. Twenty-nine investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $221.52.

Palo Alto Networks Price Performance

Shares of PANW stock opened at $205.25 on Friday. The business’s fifty day moving average price is $209.07 and its 200 day moving average price is $197.06. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $223.61. The firm has a market capitalization of $140.39 billion, a PE ratio of 127.88, a P/E/G ratio of 4.87 and a beta of 0.95.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The company had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter last year, the company earned $0.75 earnings per share. Palo Alto Networks’s quarterly revenue was up 15.8% compared to the same quarter last year. 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 expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Palo Alto Networks 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.