KPP Advisory Services LLC Has $1.60 Million Holdings in Palo Alto Networks, Inc. $PANW

KPP Advisory Services LLC raised its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 8.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,801 shares of the network technology company’s stock after acquiring an additional 636 shares during the period. KPP Advisory Services LLC’s holdings in Palo Alto Networks were worth $1,596,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Palo Alto Networks during the first quarter worth approximately $261,000. Strive Asset Management LLC increased its holdings in Palo Alto Networks by 16.6% during the 1st 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 in the last quarter. GAMMA Investing LLC raised its position in Palo Alto Networks by 10.8% in the 1st quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock valued at $2,410,000 after purchasing an additional 1,374 shares during the last quarter. Czech National Bank raised its position in Palo Alto Networks by 6.4% in the 2nd quarter. Czech National Bank now owns 161,840 shares of the network technology company’s stock valued at $33,119,000 after purchasing an additional 9,766 shares during the last quarter. Finally, Avity Investment Management Inc. boosted its stake in Palo Alto Networks by 37.9% in the second quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company’s stock worth $37,181,000 after purchasing an additional 49,971 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

Palo Alto Networks Stock Down 1.0%

Palo Alto Networks stock opened at $207.19 on Monday. The company has a 50 day moving average of $190.20 and a 200-day moving average of $188.24. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $212.10. The stock has a market capitalization of $138.59 billion, a PE ratio of 129.09, a price-to-earnings-growth ratio of 4.93 and a beta of 0.98.

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

Insider Activity at Palo Alto Networks

In related news, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total value of $23,081,119.14. Following the sale, the executive vice president owned 177,954 shares of the company’s stock, valued at approximately $34,008,788.94. This trade represents a 40.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total value of $141,512.00. Following the transaction, the chief accounting officer directly owned 32,474 shares of the company’s stock, valued at approximately $6,564,943.84. This trade represents a 2.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,194,356 shares of company stock valued at $235,092,941 over the last ninety days. Company insiders own 2.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on PANW. Piper Sandler upgraded Palo Alto Networks from a “neutral” rating to an “overweight” rating and raised their target price for the company from $200.00 to $225.00 in a research note on Tuesday, August 12th. Sanford C. Bernstein set a $207.00 price objective on shares of Palo Alto Networks and gave the company an “outperform” rating in a research report on Tuesday, August 19th. Needham & Company LLC reaffirmed a “buy” rating and issued a $230.00 target price on shares of Palo Alto Networks in a research note on Wednesday, September 3rd. Stephens reissued an “equal weight” rating and set a $205.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, New Street Research boosted their price objective on shares of Palo Alto Networks from $235.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Thirty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $214.64.

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.