Oddo BHF Asset Management Sas Has $8.18 Million Stake in Palo Alto Networks, Inc. $PANW

Oddo BHF Asset Management Sas decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 42.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 51,025 shares of the network technology company’s stock after selling 37,802 shares during the quarter. Oddo BHF Asset Management Sas’ holdings in Palo Alto Networks were worth $8,180,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks in the second quarter worth approximately $25,000. Steph & Co. raised its holdings in shares of Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after purchasing an additional 67 shares in the last quarter. Knuff & Co LLC acquired a new stake in shares of Palo Alto Networks in the 4th quarter valued at $26,000. Sittner & Nelson LLC lifted its stake in shares of Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 62 shares during the last quarter. Finally, Luken Investment Analytics LLC boosted its holdings in Palo Alto Networks by 196.2% in the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after purchasing an additional 102 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Josh D. Paul sold 900 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $345.00, for a total transaction of $310,500.00. Following the transaction, the chief accounting officer owned 79,644 shares of the company’s stock, valued at approximately $27,477,180. The trade was a 1.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Aparna Bawa sold 290 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total transaction of $101,134.60. Following the transaction, the director owned 6,437 shares of the company’s stock, valued at approximately $2,244,839.38. The trade was a 4.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 101,239 shares of company stock valued at $27,174,360 in the last 90 days. 1.40% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Royal Bank Of Canada increased their target price on shares of Palo Alto Networks from $255.00 to $330.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Oppenheimer upped their price target on Palo Alto Networks from $275.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $330.00 target price on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Weiss Ratings downgraded Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Finally, Stephens lifted their price target on shares of Palo Alto Networks from $180.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average target price of $331.48.

Palo Alto Networks Price Performance

NASDAQ PANW opened at $314.15 on Thursday. The stock has a 50-day simple moving average of $305.12 and a 200 day simple moving average of $220.50. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $368.80. The stock has a market capitalization of $256.03 billion, a PE ratio of 257.50, a P/E/G ratio of 11.84 and a beta of 0.91. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter last year, the firm posted $0.37 EPS. The company’s revenue was up 31.1% on a year-over-year basis. 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. Research analysts anticipate 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.