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

WealthShield Partners LLC raised its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 9.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 18,187 shares of the network technology company’s stock after acquiring an additional 1,559 shares during the period. WealthShield Partners LLC’s holdings in Palo Alto Networks were worth $2,916,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Financial Connections Group Inc. boosted its stake in Palo Alto Networks by 10.2% during the first quarter. Financial Connections Group Inc. now owns 694 shares of the network technology company’s stock worth $111,000 after buying an additional 64 shares during the last quarter. Advisors Management Group Inc. ADV increased its stake in shares of Palo Alto Networks by 5.8% in the 1st quarter. Advisors Management Group Inc. ADV now owns 25,359 shares of the network technology company’s stock worth $4,065,000 after acquiring an additional 1,401 shares during the last quarter. Granite Bay Wealth Management LLC increased its stake in shares of Palo Alto Networks by 3.9% in the 1st quarter. Granite Bay Wealth Management LLC now owns 4,017 shares of the network technology company’s stock worth $644,000 after acquiring an additional 150 shares during the last quarter. Simplicity Wealth LLC raised its holdings in shares of Palo Alto Networks by 7.8% during the 1st quarter. Simplicity Wealth LLC now owns 2,294 shares of the network technology company’s stock worth $368,000 after acquiring an additional 165 shares during the period. Finally, Candriam S.C.A. boosted its position in shares of Palo Alto Networks by 11.7% during the 1st quarter. Candriam S.C.A. now owns 1,198,697 shares of the network technology company’s stock valued at $192,175,000 after acquiring an additional 125,478 shares during the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Trading Down 3.7%

Shares of NASDAQ:PANW traded down $12.40 during midday trading on Friday, reaching $325.91. 4,677,069 shares of the company’s stock were exchanged, compared to its average volume of 7,047,614. The stock has a market cap of $265.62 billion, a price-to-earnings ratio of 267.14, a P/E/G ratio of 12.56 and a beta of 0.91. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $368.17. The firm’s 50 day simple moving average is $274.08 and its two-hundred day simple moving average is $206.64. 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 posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating 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 company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the prior year, the company posted $0.37 earnings per share. Palo Alto Networks’s revenue for the quarter 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. As a group, sell-side analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on PANW shares. William Blair reissued an “outperform” rating on shares of Palo Alto Networks in a report on Tuesday, June 16th. Arete Research boosted their target price on shares of Palo Alto Networks from $185.00 to $433.00 and gave the company a “buy” rating in a report on Monday, June 29th. DA Davidson boosted their target price on shares of Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Scotiabank reissued a “sector outperform” rating and issued a $320.00 price target (up from $180.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Susquehanna restated a “positive” rating and set a $350.00 price target (up from $200.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $318.65.

Insider Activity

In related news, Director James J. Goetz sold 20,000 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the transaction, the director owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $285.08, for a total transaction of $313,588.00. Following the completion of the sale, the chief accounting officer owned 81,636 shares of the company’s stock, valued at $23,272,790.88. This trade represents a 1.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 101,239 shares of company stock worth $27,174,360 in the last three months. 1.40% of the stock is currently 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.