Paladin Wealth LLC boosted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 6.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,869 shares of the network technology company’s stock after buying an additional 310 shares during the quarter. Paladin Wealth LLC’s holdings in Palo Alto Networks were worth $996,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PANW. Capital A Wealth Management LLC bought a new stake in Palo Alto Networks during the 4th quarter valued at about $29,000. HWG Holdings LP bought a new stake in shares of Palo Alto Networks in the 1st quarter valued at about $31,000. Dagco Inc. bought a new stake in shares of Palo Alto Networks in the 1st quarter valued at about $33,000. SWAN Capital LLC raised its holdings 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, WPG Advisers LLC bought a new stake in shares of Palo Alto Networks in the 1st quarter valued at about $37,000. Institutional investors own 79.82% of the company’s stock.
Analyst Upgrades and Downgrades
Several research firms have recently commented on PANW. TD Securities restated a “buy” rating and issued a $230.00 price target on shares of Palo Alto Networks in a report on Wednesday, May 21st. DA Davidson restated a “buy” rating and issued a $215.00 price target on shares of Palo Alto Networks 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 target for the company in a report on Tuesday, August 19th. Rosenblatt Securities reduced their price target on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a report on Thursday, August 14th. Finally, BMO Capital Markets boosted their price target on shares of Palo Alto Networks from $217.00 to $225.00 and gave the company an “outperform” rating in a report on Tuesday, August 19th. Twenty-eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $211.68.
Insider Activity at Palo Alto Networks
In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the business’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total transaction 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. The trade was a 40.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $201.85, for a total transaction of $1,009,250.00. Following the sale, the executive vice president directly owned 101,135 shares in the company, valued at approximately $20,414,099.75. This represents a 4.71% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 569,422 shares of company stock worth $106,629,618 in the last quarter. 2.50% of the stock is currently owned by company insiders.
Palo Alto Networks Stock Down 1.0%
Shares of Palo Alto Networks stock opened at $196.29 on Monday. The firm’s 50 day moving average price is $188.03 and its 200-day moving average price is $185.90. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $210.39. The company has a market cap of $131.30 billion, a P/E ratio of 122.30, a PEG ratio of 4.68 and a beta of 0.98.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last issued its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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 forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.
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.
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