Palo Alto Networks, Inc. $PANW Shares Purchased by Mariner LLC

Mariner LLC boosted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.2% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 709,685 shares of the network technology company’s stock after purchasing an additional 35,160 shares during the period. Mariner LLC’s holdings in Palo Alto Networks were worth $130,746,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in shares of Palo Alto Networks in the second quarter worth $25,000. Knuff & Co LLC acquired a new position in shares of Palo Alto Networks in the fourth quarter worth $26,000. Steph & Co. grew its stake in shares of Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after acquiring an additional 67 shares in the last quarter. Sittner & Nelson LLC grew its stake in shares of Palo Alto Networks by 73.8% in the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after acquiring an additional 62 shares in the last quarter. Finally, Winch Advisory Services LLC grew its stake in shares of Palo Alto Networks by 96.1% in the third quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock worth $30,000 after acquiring an additional 73 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Activity

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total transaction of $802,100.00. Following the transaction, the executive vice president owned 150,250 shares of the company’s stock, valued at $24,103,105. This trade represents a 3.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John P. Key sold 7,500 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the transaction, the director directly owned 12,500 shares in the company, valued at approximately $3,490,500. This represents a 37.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 81,044 shares of company stock valued at $20,424,722 in the last 90 days. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Up 1.8%

PANW stock opened at $284.54 on Tuesday. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $302.95. The company’s 50 day simple moving average is $218.86 and its 200-day simple moving average is $189.95. The firm has a market capitalization of $231.90 billion, a PE ratio of 233.23, a P/E/G ratio of 10.38 and a beta of 0.94. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter last year, the business earned $0.37 earnings per share. Palo Alto Networks’s revenue was up 31.1% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. Equities analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on PANW shares. Arete Research raised shares of Palo Alto Networks from a “sell” rating to a “buy” rating and set a $185.00 price objective for the company in a research report on Tuesday, March 3rd. Sanford C. Bernstein upped their target price on shares of Palo Alto Networks from $209.00 to $253.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. JPMorgan Chase & Co. upped their target price on shares of Palo Alto Networks from $200.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, June 1st. FBN Securities reiterated an “outperform” rating and set a $330.00 target price on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Jefferies Financial Group set a $335.00 target price on Palo Alto Networks and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus price target of $306.59.

About Palo Alto Networks

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.