Sequoia Financial Advisors LLC Increases Stake in Palo Alto Networks, Inc. $PANW

Sequoia Financial Advisors LLC increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 0.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 194,094 shares of the network technology company’s stock after buying an additional 503 shares during the period. Sequoia Financial Advisors LLC’s holdings in Palo Alto Networks were worth $39,719,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in PANW. Brighton Jones LLC raised its position in shares of Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after purchasing an additional 4,031 shares during the last quarter. Bison Wealth LLC grew its position in Palo Alto Networks by 169.1% during the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock worth $948,000 after purchasing an additional 3,275 shares during the last quarter. GAMMA Investing LLC grew its position in Palo Alto Networks by 10.8% during the 1st quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock worth $2,410,000 after purchasing an additional 1,374 shares during the last quarter. Assenagon Asset Management S.A. grew its position in Palo Alto Networks by 91.4% during the 1st quarter. Assenagon Asset Management S.A. now owns 41,837 shares of the network technology company’s stock worth $7,139,000 after purchasing an additional 19,975 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC grew its position in Palo Alto Networks by 7.4% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 2,423 shares of the network technology company’s stock worth $413,000 after purchasing an additional 167 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the transaction, the executive vice president directly owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. This represents a 4.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Josh D. Paul sold 700 shares of the stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total value of $141,512.00. Following the completion of the transaction, the chief accounting officer directly owned 32,474 shares of the company’s stock, valued at approximately $6,564,943.84. This represents a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is currently owned by corporate insiders.

Palo Alto Networks Trading Down 3.1%

Shares of NASDAQ:PANW opened at $208.55 on Monday. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $217.94. The company has a market capitalization of $139.50 billion, a PE ratio of 129.94, a PEG ratio of 4.96 and a beta of 0.98. The business has a 50 day moving average of $192.94 and a two-hundred day moving average of $189.28.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The company had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.Palo Alto Networks’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the previous year, the company posted $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. Equities research analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PANW has been the topic of several research analyst reports. Westpark Capital reissued a “hold” rating on shares of Palo Alto Networks in a research report on Tuesday, August 19th. BMO Capital Markets boosted their target price on shares of Palo Alto Networks from $217.00 to $225.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 target price on Palo Alto Networks and gave the company an “outperform” rating in a research report on Tuesday, August 19th. Tigress Financial assumed coverage on Palo Alto Networks in a research report on Friday, September 26th. They issued a “buy” rating and a $245.00 target price on the stock. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Palo Alto Networks in a research report on Wednesday, October 8th. Twenty-eight analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $216.00.

Palo Alto Networks 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.