1,253 Shares in Palo Alto Networks, Inc. $PANW Bought by Caliber Wealth Management LLC KS

Caliber Wealth Management LLC KS purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the second quarter, HoldingsChannel reports. The institutional investor purchased 1,253 shares of the network technology company’s stock, valued at approximately $256,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Palo Alto Networks by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock worth $10,712,019,000 after buying an additional 1,541,637 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in Palo Alto Networks by 41.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after buying an additional 2,134,735 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Palo Alto Networks by 16.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company’s stock worth $1,177,765,000 after buying an additional 950,765 shares in the last quarter. Nuveen LLC acquired a new position in Palo Alto Networks in the 1st quarter worth $810,047,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in Palo Alto Networks by 5.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,422,037 shares of the network technology company’s stock worth $754,576,000 after buying an additional 219,111 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Nir Zuk sold 100,000 shares of the company’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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total transaction of $141,512.00. Following the completion of the transaction, the chief accounting officer owned 32,474 shares of the company’s stock, valued at approximately $6,564,943.84. This trade represents a 2.11% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is owned by company insiders.

Palo Alto Networks Stock Down 0.9%

Shares of NASDAQ:PANW opened at $212.42 on Thursday. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $217.94. The firm has a 50-day simple moving average of $199.16 and a 200 day simple moving average of $191.31. The company has a market cap of $142.09 billion, a PE ratio of 132.35, a P/E/G ratio of 5.10 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data 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. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter in the prior year, the firm earned $0.75 EPS. The company’s revenue for the quarter 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, research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have commented on PANW shares. Oppenheimer boosted their price objective on shares of Palo Alto Networks from $225.00 to $245.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. 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. BTIG Research upgraded shares of Palo Alto Networks from a “neutral” rating to a “buy” rating in a research note on Monday, October 13th. Morgan Stanley upped their target price on shares of Palo Alto Networks from $210.00 to $216.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. Finally, Piper Sandler upgraded shares of Palo Alto Networks from a “neutral” rating to an “overweight” rating and upped their target price for the company from $200.00 to $225.00 in a research note on Tuesday, August 12th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $217.22.

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.