Burling Wealth Partners LLC Has $309,000 Position in Palo Alto Networks, Inc. $PANW

Burling Wealth Partners LLC cut its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 26.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,508 shares of the network technology company’s stock after selling 534 shares during the quarter. Burling Wealth Partners LLC’s holdings in Palo Alto Networks were worth $309,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Palo Alto Networks by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock valued at $10,712,019,000 after purchasing an additional 1,541,637 shares during the last quarter. Geode Capital Management LLC grew its stake in Palo Alto Networks by 1.1% during the second quarter. Geode Capital Management LLC now owns 15,174,029 shares of the network technology company’s stock worth $3,093,262,000 after buying an additional 169,055 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Palo Alto Networks by 41.9% during the first quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after buying an additional 2,134,735 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Palo Alto Networks by 16.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company’s stock valued at $1,177,765,000 after acquiring an additional 950,765 shares during the last quarter. Finally, Nuveen LLC acquired a new position in shares of Palo Alto Networks in the 1st quarter worth approximately $810,047,000. Institutional investors own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on PANW. New Street Research raised their price target on Palo Alto Networks from $235.00 to $240.00 and gave the company a “buy” rating in a report on Friday, September 12th. Wedbush restated an “outperform” rating and set a $225.00 target price on shares of Palo Alto Networks in a report on Monday, September 15th. Stephens restated an “equal weight” rating and issued a $205.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. TD Cowen upped their price target on shares of Palo Alto Networks from $230.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Needham & Company LLC reissued a “buy” rating and set a $230.00 price objective on shares of Palo Alto Networks in a report on Wednesday, September 3rd. Twenty-nine equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Palo Alto Networks currently has an average rating of “Moderate Buy” and an average target price of $221.52.

Insider Buying and Selling at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $219.97, for a total transaction of $153,979.00. Following the completion of the sale, the chief accounting officer directly owned 47,505 shares of the company’s stock, valued at $10,449,674.85. The trade was a 1.45% decrease in their ownership of the stock. The sale 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 company’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the sale, the executive vice president owned 96,135 shares of the company’s stock, valued at $19,629,805.65. This represents a 4.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,215,830 shares of company stock worth $249,160,428 over the last quarter. 2.50% of the stock is currently owned by insiders.

Palo Alto Networks Trading Up 0.2%

Shares of NASDAQ:PANW opened at $205.25 on Friday. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $223.61. The stock has a market capitalization of $140.39 billion, a P/E ratio of 127.88, a P/E/G ratio of 4.87 and a beta of 0.95. The business has a 50-day moving average price of $209.07 and a two-hundred day moving average price of $197.06.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same quarter last year, the firm earned $0.75 EPS. The company’s revenue for the quarter was up 15.8% on a year-over-year basis. 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 analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

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.