Iowa State Bank Purchases 71 Shares of Palo Alto Networks, Inc. $PANW

Iowa State Bank increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 0.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,025 shares of the network technology company’s stock after buying an additional 71 shares during the period. Iowa State Bank’s holdings in Palo Alto Networks were worth $4,507,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of PANW. HWG Holdings LP acquired a new stake in Palo Alto Networks in the 1st quarter valued at approximately $31,000. Dagco Inc. bought a new stake in shares of Palo Alto Networks in the first quarter valued at approximately $33,000. WPG Advisers LLC acquired a new stake in shares of Palo Alto Networks in the first quarter worth $37,000. Strategic Investment Solutions Inc. IL increased its position in Palo Alto Networks by 58.9% during the first 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 during the period. Finally, Stonebridge Financial Group LLC increased its position in Palo Alto Networks by 46.8% during the first 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 during the period. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Down 1.0%

Palo Alto Networks stock opened at $207.19 on Monday. The stock has a 50-day simple moving average of $190.20 and a 200 day simple moving average of $188.24. The stock has a market capitalization of $138.59 billion, a price-to-earnings ratio of 129.09, a P/E/G ratio of 4.93 and a beta of 0.98. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $212.10.

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

Insider Activity

In other news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the transaction, the executive vice president owned 96,135 shares of the company’s stock, valued at $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Nir Zuk sold 100,000 shares of the firm’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the transaction, the executive vice president owned 3,143,516 shares in the company, valued at approximately $543,199,564.80. This represents a 3.08% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,194,356 shares of company stock worth $235,092,941. 2.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on PANW. JMP Securities restated a “market outperform” rating and issued a $212.00 price target on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Truist Financial set a $220.00 target price on shares of Palo Alto Networks and gave the company a “buy” rating in a research note on Tuesday, August 19th. Royal Bank Of Canada restated an “outperform” rating and set a $232.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Piper Sandler upgraded Palo Alto Networks from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $200.00 to $225.00 in a research report on Tuesday, August 12th. Finally, UBS Group set a $245.00 price objective on Palo Alto Networks in a research report on Friday, September 26th. Thirty equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus target price of $214.64.

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.