Howe & Rusling Inc. Has $1.19 Million Position in Palo Alto Networks, Inc. $PANW

Howe & Rusling Inc. reduced its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 12.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,958 shares of the network technology company’s stock after selling 986 shares during the period. Howe & Rusling Inc.’s holdings in Palo Alto Networks were worth $1,187,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Capital A Wealth Management LLC acquired a new stake in shares of Palo Alto Networks in the 4th quarter valued at approximately $29,000. HWG Holdings LP acquired a new stake in shares of Palo Alto Networks in the 1st quarter valued at approximately $31,000. Dagco Inc. acquired a new stake in shares of Palo Alto Networks in the 1st quarter valued at approximately $33,000. SWAN Capital LLC boosted its stake in shares of Palo Alto Networks by 100.0% in the 4th quarter. SWAN Capital LLC now owns 200 shares of the network technology company’s stock valued at $36,000 after purchasing an additional 100 shares in the last quarter. Finally, Glen Eagle Advisors LLC boosted its stake in shares of Palo Alto Networks by 100.0% in the 4th quarter. Glen Eagle Advisors LLC now owns 212 shares of the network technology company’s stock valued at $39,000 after purchasing an additional 106 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on PANW. Rosenblatt Securities reduced their price target on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a research note on Thursday, August 14th. Truist Financial set a $220.00 price objective on shares of Palo Alto Networks and gave the company a “buy” rating in a report on Tuesday, August 19th. Bank of America upgraded shares of Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 price objective for the company in a report on Tuesday, August 19th. Roth Capital began coverage on shares of Palo Alto Networks in a report on Thursday, May 15th. They issued a “neutral” rating and a $210.00 price objective for the company. Finally, Wells Fargo & Company raised their price objective on shares of Palo Alto Networks from $225.00 to $235.00 and gave the company an “overweight” rating in a report on Wednesday, May 21st. Twenty-eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and an average target price of $211.68.

Palo Alto Networks Stock Performance

Palo Alto Networks stock opened at $198.33 on Friday. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $210.39. The firm has a 50 day moving average price of $188.13 and a two-hundred day moving average price of $185.88. The firm has a market cap of $132.66 billion, a price-to-earnings ratio of 123.57, a PEG ratio of 4.71 and a beta of 0.98.

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

Insider Activity at Palo Alto Networks

In other news, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $184.20, for a total value of $128,940.00. Following the completion of the sale, the chief accounting officer owned 37,723 shares in the company, valued at $6,948,576.60. The trade was a 1.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction on Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the sale, the executive vice president owned 3,143,516 shares of the company’s stock, valued at $543,199,564.80. This represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 569,422 shares of company stock worth $106,629,618. 2.50% of the stock is owned by insiders.

Palo Alto Networks Company 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.