Insight Holdings Group LLC Has $9.52 Million Stock Position in Palo Alto Networks, Inc. $PANW

Insight Holdings Group LLC boosted its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 98.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 51,705 shares of the network technology company’s stock after buying an additional 25,705 shares during the quarter. Palo Alto Networks makes up about 0.7% of Insight Holdings Group LLC’s holdings, making the stock its 14th biggest position. Insight Holdings Group LLC’s holdings in Palo Alto Networks were worth $9,524,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Harold Davidson & Associates Inc. grew its stake in Palo Alto Networks by 5.0% in the 3rd quarter. Harold Davidson & Associates Inc. now owns 1,056 shares of the network technology company’s stock valued at $215,000 after buying an additional 50 shares during the last quarter. Princeton Capital Management LLC grew its stake in Palo Alto Networks by 3.4% in the 3rd quarter. Princeton Capital Management LLC now owns 1,520 shares of the network technology company’s stock valued at $310,000 after buying an additional 50 shares during the last quarter. South Plains Financial Inc. grew its stake in Palo Alto Networks by 1.0% in the 3rd quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock valued at $982,000 after buying an additional 50 shares during the last quarter. Fayez Sarofim & Co grew its stake in Palo Alto Networks by 1.2% in the 3rd quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock valued at $878,000 after buying an additional 50 shares during the last quarter. Finally, Certified Advisory Corp grew its stake in Palo Alto Networks by 0.3% in the 3rd quarter. Certified Advisory Corp now owns 16,938 shares of the network technology company’s stock valued at $3,449,000 after buying an additional 51 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently issued reports on PANW. Piper Sandler reiterated an “overweight” rating and issued a $345.00 target price (up from $265.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. William Blair reiterated an “outperform” rating on shares of Palo Alto Networks in a research note on Tuesday. Jefferies Financial Group set a $335.00 target price on shares of Palo Alto Networks and gave the company a “buy” rating in a research note on Wednesday, June 3rd. The Goldman Sachs Group reiterated a “buy” rating and issued a $330.00 target price on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Morgan Stanley raised their target price on shares of Palo Alto Networks from $253.00 to $320.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $306.59.

Insider Buying and Selling

In other Palo Alto Networks news, Director Aparna Bawa sold 536 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $280.00, for a total value of $150,080.00. Following the sale, the director directly owned 7,704 shares in the company, valued at $2,157,120. This trade represents a 6.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Lee Klarich sold 62,904 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the sale, the executive vice president owned 235,983 shares in the company, valued at $61,037,002.95. This represents a 21.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 101,044 shares of company stock worth $26,022,722. 1.40% of the stock is currently owned by corporate insiders.

Palo Alto Networks Stock Performance

NASDAQ PANW opened at $282.13 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market capitalization of $229.94 billion, a price-to-earnings ratio of 231.25, a P/E/G ratio of 10.39 and a beta of 0.94. The company’s fifty day moving average is $223.60 and its two-hundred day moving average is $191.30. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business’s quarterly revenue was up 31.1% on a year-over-year basis. During the same period last year, the business posted $0.37 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. Equities research analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

About Palo Alto Networks

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.