Calamos Wealth Management LLC Has $7.40 Million Stock Holdings in Palo Alto Networks, Inc. $PANW

Calamos Wealth Management LLC grew its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 1,765.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 46,160 shares of the network technology company’s stock after purchasing an additional 43,685 shares during the quarter. Calamos Wealth Management LLC’s holdings in Palo Alto Networks were worth $7,400,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks in the second quarter worth $25,000. Knuff & Co LLC acquired a new position in Palo Alto Networks during the fourth quarter worth $26,000. Steph & Co. raised its holdings in Palo Alto Networks by 88.2% during the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after buying an additional 67 shares in the last quarter. Sittner & Nelson LLC raised its holdings in Palo Alto Networks by 73.8% during the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after buying an additional 62 shares in the last quarter. Finally, WHI TRUST Co LLC acquired a new stake in shares of Palo Alto Networks in the fourth quarter worth about $28,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Activity at Palo Alto Networks

In other news, EVP Lee Klarich sold 62,904 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the sale, the executive vice president owned 235,983 shares in the company, valued at approximately $61,037,002.95. This trade represents a 21.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on 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 transaction, the executive vice president directly owned 145,250 shares in the company, valued at $42,058,590. This trade represents a 3.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 101,239 shares of company stock valued at $27,174,360. 1.40% of the stock is owned by corporate insiders.

Palo Alto Networks Trading Up 1.3%

Palo Alto Networks stock opened at $330.30 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The business’s 50-day simple moving average is $277.09 and its 200-day simple moving average is $207.76. The firm has a market capitalization of $269.19 billion, a PE ratio of 270.74, a PEG ratio of 12.10 and a beta of 0.91. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $368.17.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating 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 firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the prior year, the company earned $0.37 EPS. The firm’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. Equities research analysts forecast that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently commented on PANW shares. TD Cowen reissued a “buy” rating and set a $330.00 price objective (up from $255.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Argus boosted their target price on Palo Alto Networks from $222.00 to $320.00 in a report on Friday, June 5th. Truist Financial boosted their target price on Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Wells Fargo & Company upped their target price on Palo Alto Networks from $325.00 to $420.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Palo Alto Networks from $220.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus target price of $319.96.

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.