1,229 Shares in Palo Alto Networks, Inc. $PANW Acquired by Patton Fund Management Inc.

Patton Fund Management Inc. bought a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,229 shares of the network technology company’s stock, valued at approximately $252,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. HWG Holdings LP bought a new stake in Palo Alto Networks during the 1st quarter worth approximately $31,000. Dagco Inc. bought a new position in shares of Palo Alto Networks in the 1st quarter worth $33,000. Marshall & Sullivan Inc. WA bought a new position in shares of Palo Alto Networks in the 2nd quarter worth $41,000. WPG Advisers LLC bought a new position in shares of Palo Alto Networks in the 1st quarter worth $37,000. Finally, Strategic Investment Solutions Inc. IL increased its holdings in shares of Palo Alto Networks by 58.9% in the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after buying an additional 83 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of the stock in a transaction on Thursday, August 21st. The shares were sold at an average price of $184.20, for a total transaction of $128,940.00. Following the completion of the sale, the chief accounting officer owned 37,723 shares of the company’s stock, valued at $6,948,576.60. This represents a 1.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at $56,119,152.78. The trade was a 75.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,415,030 shares of company stock worth $279,198,494 over the last ninety days. 2.50% of the stock is owned by company insiders.

Palo Alto Networks Stock Up 0.1%

Shares of PANW opened at $202.37 on Friday. The stock has a market capitalization of $135.37 billion, a P/E ratio of 126.09, a PEG ratio of 4.82 and a beta of 0.98. The firm has a fifty day simple moving average of $189.58 and a two-hundred day simple moving average of $187.40. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $210.39.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results 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 business had revenue of $2.54 billion during 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 for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Sell-side analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PANW. Guggenheim increased their price target on shares of Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a report on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 price target on shares of Palo Alto Networks and gave the stock an “outperform” rating in a report on Tuesday, August 19th. Scotiabank increased their price target on shares of Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a report on Tuesday, August 19th. DA Davidson reissued a “buy” rating and issued a $215.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, New Street Research increased their price target on shares of Palo Alto Networks from $235.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Thirty research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $214.64.

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.