O ROURKE & COMPANY Inc Makes New Investment in Palo Alto Networks, Inc. $PANW

O ROURKE & COMPANY Inc bought a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,066 shares of the network technology company’s stock, valued at approximately $218,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. St. Clair Advisors LLC lifted its position in Palo Alto Networks by 0.3% in the 2nd quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock worth $3,233,000 after buying an additional 50 shares in the last quarter. Csenge Advisory Group lifted its position in Palo Alto Networks by 2.4% in the 1st quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock worth $381,000 after buying an additional 53 shares in the last quarter. GSG Advisors LLC lifted its position in Palo Alto Networks by 0.4% in the 1st quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock worth $2,154,000 after buying an additional 54 shares in the last quarter. SYM FINANCIAL Corp lifted its position in Palo Alto Networks by 1.4% in the 1st quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company’s stock worth $691,000 after buying an additional 55 shares in the last quarter. Finally, Investment Advisory Services Inc. TX ADV lifted its position in Palo Alto Networks by 4.6% in the 2nd quarter. Investment Advisory Services Inc. TX ADV now owns 1,257 shares of the network technology company’s stock worth $257,000 after buying an additional 55 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Trading Down 0.2%

NASDAQ:PANW opened at $203.62 on Wednesday. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $210.39. The firm’s fifty day simple moving average is $189.80 and its 200 day simple moving average is $187.74. The firm has a market capitalization of $136.20 billion, a PE ratio of 126.87, a PEG ratio of 4.86 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period last year, the business posted $0.75 EPS. Palo Alto Networks’s revenue was up 15.8% compared to the same quarter last year. 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, analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Needham & Company LLC reiterated a “buy” rating and issued a $230.00 target price on shares of Palo Alto Networks in a research report on Wednesday, September 3rd. Rosenblatt Securities cut 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 report on Thursday, August 14th. BMO Capital Markets raised 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. Guggenheim raised their price target on shares of Palo Alto Networks from $130.00 to $135.00 and gave the company a “sell” rating in a report on Tuesday, August 19th. Finally, UBS Group set a $245.00 price target on shares of Palo Alto Networks in a report on Friday. Thirty research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $214.64.

Insiders Place Their Bets

In related news, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the transaction, the chief executive officer directly owned 275,013 shares in the company, valued at approximately $56,119,152.78. This trade represents a 75.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the completion of the sale, the executive vice president owned 96,135 shares in the company, valued at $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,314,430 shares of company stock worth $259,210,094 in the last ninety days. 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.