Bank Julius Baer & Co. Ltd Zurich Acquires 104,688 Shares of Palo Alto Networks, Inc. $PANW

Bank Julius Baer & Co. Ltd Zurich boosted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 15.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 774,755 shares of the network technology company’s stock after acquiring an additional 104,688 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned about 0.12% of Palo Alto Networks worth $159,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Whipplewood Advisors LLC raised its holdings in Palo Alto Networks by 6,400.0% during the 2nd 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 period. Briaud Financial Planning Inc purchased a new position in Palo Alto Networks during the second quarter worth $28,000. MTM Investment Management LLC bought a new position in Palo Alto Networks during the second quarter valued at $31,000. Dagco Inc. purchased a new stake in shares of Palo Alto Networks in the first quarter valued at $33,000. Finally, WPG Advisers LLC bought a new stake in shares of Palo Alto Networks in the 1st quarter worth about $37,000. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $19,629,805.65. This represents a 4.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Josh D. Paul sold 700 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $219.97, for a total value of $153,979.00. Following the completion of the sale, the chief accounting officer owned 47,505 shares of the company’s stock, valued at approximately $10,449,674.85. This trade represents a 1.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,215,130 shares of company stock valued at $249,031,488. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of Palo Alto Networks stock opened at $183.89 on Tuesday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61. The company has a market capitalization of $128.17 billion, a PE ratio of 116.39, a P/E/G ratio of 4.29 and a beta of 0.95. The company has a 50-day simple moving average of $208.42 and a two-hundred day simple moving average of $197.40.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Wednesday, November 19th. The network technology company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.46 billion. Palo Alto Networks had a net margin of 11.69% and a return on equity of 17.05%. The company’s quarterly revenue was up 15.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.56 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.800-3.900 EPS. Q2 2026 guidance at 0.930-0.950 EPS. On average, equities analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on PANW. Robert W. Baird increased their price objective on shares of Palo Alto Networks from $230.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, November 14th. Bank of America increased their price target on Palo Alto Networks from $215.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, October 20th. JMP Securities raised their price target on Palo Alto Networks from $212.00 to $250.00 and gave the stock a “market outperform” rating in a research note on Monday, October 27th. Morgan Stanley boosted their price objective on Palo Alto Networks from $216.00 to $228.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $250.00 target price (up previously from $235.00) on shares of Palo Alto Networks in a research note on Tuesday, November 11th. Thirty equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $225.09.

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.