Mosaic Family Wealth Partners LLC Takes $452,000 Position in Palo Alto Networks, Inc. $PANW

Mosaic Family Wealth Partners LLC bought a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the 1st quarter, HoldingsChannel reports. The fund bought 2,820 shares of the network technology company’s stock, valued at approximately $452,000.

Several other large investors have also added to or reduced their stakes in PANW. Janney Montgomery Scott LLC increased its position in shares of Palo Alto Networks by 15.0% during the first quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock valued at $65,796,000 after buying an additional 53,485 shares during the period. Aviva PLC boosted its position in shares of Palo Alto Networks by 5.4% in the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after acquiring an additional 29,230 shares during the period. Granite Islands Private Wealth LLC boosted its position in shares of Palo Alto Networks by 43.6% in the first quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock valued at $2,453,000 after acquiring an additional 4,659 shares during the period. Peapack Gladstone Financial Corp grew its stake in Palo Alto Networks by 8.8% during the fourth quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock valued at $8,926,000 after acquiring an additional 3,926 shares in the last quarter. Finally, Oak Thistle LLC purchased a new position in Palo Alto Networks during the fourth quarter valued at approximately $1,554,000. Institutional investors own 79.82% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft increased their target price on shares of Palo Alto Networks from $220.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. BNP Paribas Exane boosted their price target on shares of Palo Alto Networks from $330.00 to $380.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Rosenblatt Securities upped their price target on shares of Palo Alto Networks from $275.00 to $355.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. William Blair reiterated an “outperform” rating on shares of Palo Alto Networks in a research report on Tuesday, June 16th. Finally, Royal Bank Of Canada lifted their price objective on Palo Alto Networks from $255.00 to $330.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $318.65.

Palo Alto Networks Price Performance

Palo Alto Networks stock traded down $12.40 during mid-day trading on Friday, hitting $325.91. 4,677,069 shares of the company traded hands, compared to its average volume of 7,047,614. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $368.17. The stock has a market cap of $265.62 billion, a price-to-earnings ratio of 267.14, a price-to-earnings-growth ratio of 12.56 and a beta of 0.91. The stock has a fifty day moving average price of $274.08 and a 200-day moving average price of $206.64.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.37 EPS. 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. On average, equities analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the sale, the executive vice president owned 145,250 shares of the company’s stock, valued at $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Josh D. Paul sold 1,100 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the completion of the transaction, the chief accounting officer owned 81,636 shares of the company’s stock, valued at $23,272,790.88. The trade was a 1.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 101,239 shares of company stock valued at $27,174,360 in the last three months. 1.40% of the stock is owned by corporate insiders.

Palo Alto Networks Company Profile

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.