Palo Alto Networks, Inc. $PANW Shares Bought by Plancorp LLC

Plancorp LLC boosted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 15.1% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 3,819 shares of the network technology company’s stock after purchasing an additional 500 shares during the period. Plancorp LLC’s holdings in Palo Alto Networks were worth $782,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HWG Holdings LP purchased a new stake in shares of Palo Alto Networks during the 1st quarter worth about $31,000. Dagco Inc. purchased a new stake in shares of Palo Alto Networks during the 1st quarter worth about $33,000. WPG Advisers LLC purchased a new stake in shares of Palo Alto Networks during the 1st quarter worth about $37,000. Strategic Investment Solutions Inc. IL boosted its stake in shares of Palo Alto Networks by 58.9% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after acquiring an additional 83 shares in the last quarter. Finally, Stonebridge Financial Group LLC boosted its stake in shares of Palo Alto Networks by 46.8% during the 1st quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock worth $40,000 after acquiring an additional 74 shares in the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Palo Alto Networks Trading Up 0.8%

Shares of Palo Alto Networks stock opened at $202.21 on Friday. The firm has a market capitalization of $135.26 billion, a PE ratio of 125.99, a P/E/G ratio of 4.78 and a beta of 0.98. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $210.39. The firm’s 50-day moving average price is $189.45 and its 200 day moving average price is $187.18.

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 for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The firm 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%. Palo Alto Networks’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period last year, the company 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, sell-side analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insiders Place Their Bets

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total value of $23,081,119.14. Following the transaction, the executive vice president directly owned 177,954 shares of the company’s stock, valued at $34,008,788.94. This trade represents a 40.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Josh D. Paul sold 700 shares of the firm’s stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $184.20, for a total transaction of $128,940.00. Following the completion of the transaction, the chief accounting officer directly owned 37,723 shares in the company, valued at $6,948,576.60. This trade represents a 1.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,415,030 shares of company stock worth $279,198,494. 2.50% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on PANW shares. Stephens reissued an “equal weight” rating and set a $205.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Cantor Fitzgerald reissued an “overweight” rating and set a $223.00 target price on shares of Palo Alto Networks in a research note on Friday, August 15th. DA Davidson reissued a “buy” rating and set a $215.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Royal Bank Of Canada reissued an “outperform” rating and set a $232.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, New Street Research increased their target price on shares of Palo Alto Networks from $235.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. 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. According to MarketBeat, Palo Alto Networks currently has an average rating of “Moderate Buy” and a consensus target price of $212.39.

About Palo Alto Networks

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.