Palo Alto Networks, Inc. $PANW Shares Purchased by Legacy Financial Strategies LLC

Legacy Financial Strategies LLC increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 6.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,217 shares of the network technology company’s stock after acquiring an additional 129 shares during the quarter. Legacy Financial Strategies LLC’s holdings in Palo Alto Networks were worth $454,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital A Wealth Management LLC acquired a new position in shares of Palo Alto Networks during the 4th quarter valued at about $29,000. HWG Holdings LP acquired a new position in shares of Palo Alto Networks during the 1st quarter valued at about $31,000. Dagco Inc. acquired a new position in shares of Palo Alto Networks during the 1st quarter valued at about $33,000. SWAN Capital LLC boosted its position in shares of Palo Alto Networks by 100.0% during the 4th quarter. SWAN Capital LLC now owns 200 shares of the network technology company’s stock valued at $36,000 after acquiring an additional 100 shares during the last quarter. Finally, WPG Advisers LLC acquired a new position in shares of Palo Alto Networks during the 1st quarter valued at about $37,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $184.20, for a total transaction of $128,940.00. Following the sale, the chief accounting officer directly owned 37,723 shares in the company, valued at $6,948,576.60. This represents a 1.82% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nir Zuk sold 100,000 shares of the business’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the transaction, the executive vice president directly owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. This represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 568,622 shares of company stock valued at $106,468,778 over the last three months. 2.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts recently issued reports on PANW shares. Stephens restated an “equal weight” rating and issued a $205.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. JMP Securities restated a “market outperform” rating and issued a $212.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 price objective on shares of Palo Alto Networks and gave the company an “outperform” rating in a report on Tuesday, August 19th. Piper Sandler upgraded shares of Palo Alto Networks from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $200.00 to $225.00 in a report on Tuesday, August 12th. Finally, Jefferies Financial Group set a $235.00 price objective on shares of Palo Alto Networks in a report on Tuesday, July 29th. Twenty-nine research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $212.39.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $205.68 on Friday. The firm has a market capitalization of $137.58 billion, a PE ratio of 128.15, a price-to-earnings-growth ratio of 4.85 and a beta of 0.98. The firm’s 50-day moving average is $188.19 and its two-hundred day moving average is $186.35. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $210.39.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.