Wedmont Private Capital Has $2.15 Million Position in Palo Alto Networks, Inc. $PANW

Wedmont Private Capital raised its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,447 shares of the network technology company’s stock after buying an additional 164 shares during the quarter. Wedmont Private Capital’s holdings in Palo Alto Networks were worth $2,153,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. St. Clair Advisors LLC grew its position in shares of Palo Alto Networks by 0.3% during the 2nd quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock worth $3,233,000 after buying an additional 50 shares during the period. Csenge Advisory Group grew its position in shares of Palo Alto Networks by 2.4% during the 1st quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock worth $381,000 after buying an additional 53 shares during the period. GSG Advisors LLC grew its position in shares of Palo Alto Networks by 0.4% during the 1st quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock worth $2,154,000 after buying an additional 54 shares during the period. SYM FINANCIAL Corp grew its position in shares of Palo Alto Networks by 1.4% during the 1st quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company’s stock worth $691,000 after buying an additional 55 shares during the period. Finally, Crew Capital Management Ltd. grew its position in shares of Palo Alto Networks by 2.5% during the 1st quarter. Crew Capital Management Ltd. now owns 2,310 shares of the network technology company’s stock worth $394,000 after buying an additional 57 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the sale, the executive vice president owned 177,954 shares in the company, valued at $34,008,788.94. This represents a 40.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $201.85, for a total value of $1,009,250.00. Following the sale, the executive vice president owned 101,135 shares in the company, valued at approximately $20,414,099.75. This represents a 4.71% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 568,622 shares of company stock worth $106,468,778. 2.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on PANW. Jefferies Financial Group set a $235.00 price objective on Palo Alto Networks in a research report on Tuesday, July 29th. Morgan Stanley boosted their price objective on Palo Alto Networks from $210.00 to $216.00 and gave the company an “overweight” rating in a research report on Tuesday, September 2nd. JMP Securities reiterated a “market outperform” rating and issued a $212.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. UBS Group set a $185.00 price objective on Palo Alto Networks and gave the company a “neutral” rating in a research report on Tuesday, August 12th. Finally, Westpark Capital reiterated a “hold” rating on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Twenty-nine investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus target price of $212.39.

Palo Alto Networks Stock Performance

NASDAQ PANW opened at $205.68 on Friday. The stock has a market capitalization of $137.58 billion, a price-to-earnings ratio of 128.15, a PEG ratio of 4.85 and a beta of 0.98. The stock’s 50 day moving average price is $188.19 and its two-hundred day moving average price is $186.35. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $210.39.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, equities research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current 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.