4,717 Shares in Palo Alto Networks, Inc. $PANW Acquired by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 4,717 shares of the network technology company’s stock, valued at approximately $1,609,000.

Several other institutional investors have also added to or reduced their stakes in the business. Darwin Wealth Management LLC purchased a new stake in shares of Palo Alto Networks during the second quarter valued at $25,000. Knuff & Co LLC bought a new stake in Palo Alto Networks in the 4th quarter worth about $26,000. Solstein Capital LLC purchased a new position in Palo Alto Networks in the 2nd quarter worth about $26,000. Sittner & Nelson LLC raised its position in Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after buying an additional 62 shares during the last quarter. Finally, N.E.W. Advisory Services LLC bought a new position in Palo Alto Networks during the 2nd quarter valued at about $27,000. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total value of $1,447,800.00. Following the transaction, the executive vice president directly owned 145,250 shares of the company’s stock, valued at approximately $42,058,590. This trade represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks stock in a transaction on Monday, June 1st. The shares were sold at an average price of $285.08, for a total value of $313,588.00. Following the transaction, the chief accounting officer owned 81,636 shares in the company, valued at $23,272,790.88. This trade represents a 1.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 37,935 shares of company stock worth $10,809,461. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $350.90 on Tuesday. The firm’s 50 day moving average price is $338.70 and its 200-day moving average price is $243.49. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $398.88. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $285.98 billion, a PE ratio of 287.62, a price-to-earnings-growth ratio of 12.00 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data 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. The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The firm’s revenue was up 31.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.37 earnings per share. 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 research analysts expect that Palo Alto Networks, Inc. will post 2.02 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently commented on PANW shares. Stephens lifted their price target on shares of Palo Alto Networks from $180.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, June 3rd. BNP Paribas Exane increased their price objective 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. Wedbush raised their target price on shares of Palo Alto Networks from $300.00 to $340.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Wolfe Research reaffirmed an “outperform” rating and issued a $320.00 target price on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, New Street Research set a $415.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $364.00.

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.