True Freedom Investing LLC Invests $3.46 Million in Palo Alto Networks, Inc. $PANW

True Freedom Investing LLC purchased a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 21,607 shares of the network technology company’s stock, valued at approximately $3,464,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Trilogy Capital Inc. boosted its holdings in Palo Alto Networks by 1.8% in the second quarter. Trilogy Capital Inc. now owns 2,127 shares of the network technology company’s stock worth $725,000 after acquiring an additional 37 shares in the last quarter. Wisconsin Wealth Advisors LLC grew its stake in shares of Palo Alto Networks by 1.2% in the second quarter. Wisconsin Wealth Advisors LLC now owns 3,206 shares of the network technology company’s stock worth $1,093,000 after acquiring an additional 38 shares during the last quarter. Orrstown Financial Services Inc. increased its holdings in shares of Palo Alto Networks by 1.2% during the second quarter. Orrstown Financial Services Inc. now owns 3,197 shares of the network technology company’s stock valued at $1,090,000 after acquiring an additional 38 shares in the last quarter. GSG Advisors LLC increased its holdings in shares of Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,536 shares of the network technology company’s stock valued at $2,010,000 after acquiring an additional 51 shares in the last quarter. Finally, Arlington Trust Co LLC raised its position in shares of Palo Alto Networks by 8.5% in the 2nd quarter. Arlington Trust Co LLC now owns 703 shares of the network technology company’s stock worth $240,000 after purchasing an additional 55 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on PANW shares. Truist Financial set a $435.00 price target on shares of Palo Alto Networks and gave the stock a “buy” rating in a research note on Wednesday. Berenberg Bank raised their price objective on shares of Palo Alto Networks from $290.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Guggenheim cut shares of Palo Alto Networks from a “neutral” rating to a “reduce” rating in a report on Wednesday, May 27th. Piper Sandler reiterated an “overweight” rating and issued a $345.00 target price (up from $265.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Jefferies Financial Group set a $335.00 target price on shares of Palo Alto Networks and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $362.67.

Palo Alto Networks Trading Up 2.4%

Shares of NASDAQ:PANW opened at $358.04 on Friday. 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, Inc. has a 1 year low of $139.57 and a 1 year high of $398.88. The company has a market cap of $291.80 billion, a P/E ratio of 293.48, a PEG ratio of 12.02 and a beta of 0.91. The stock’s fifty day moving average price is $337.38 and its 200-day moving average price is $241.72.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period last year, the company earned $0.37 EPS. Palo Alto Networks’s revenue for the quarter was up 31.1% on a year-over-year basis. 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. Sell-side analysts expect that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current year.

Insider Activity

In other news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the completion of the sale, the executive vice president directly owned 145,250 shares in the company, valued at $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the sale, the director owned 20,000 shares of the company’s stock, valued at $5,598,000. This represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 37,935 shares of company stock worth $10,809,461. 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.