Leavell Investment Management Inc. Buys 1,300 Shares of Palo Alto Networks, Inc. $PANW

Leavell Investment Management Inc. boosted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 29.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,693 shares of the network technology company’s stock after acquiring an additional 1,300 shares during the period. Leavell Investment Management Inc.’s holdings in Palo Alto Networks were worth $1,165,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC raised its stake in 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 acquiring an additional 4,031 shares during the period. Bison Wealth LLC increased its stake in shares of Palo Alto Networks by 169.1% in the fourth 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 in the last quarter. GAMMA Investing LLC raised its position in shares of Palo Alto Networks by 10.8% in the first quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock valued at $2,410,000 after purchasing an additional 1,374 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Palo Alto Networks by 24.9% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 251,496 shares of the network technology company’s stock valued at $43,392,000 after buying an additional 50,189 shares in the last quarter. Finally, BSW Wealth Partners lifted its stake in shares of Palo Alto Networks by 11.8% during the 1st quarter. BSW Wealth Partners now owns 1,794 shares of the network technology company’s stock valued at $306,000 after buying an additional 189 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on PANW. UBS Group set a $245.00 target price on shares of Palo Alto Networks in a report on Friday, September 26th. Oppenheimer lifted their price target on Palo Alto Networks from $225.00 to $245.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Barclays reissued an “overweight” rating and set a $215.00 price objective (up previously from $210.00) on shares of Palo Alto Networks in a report on Tuesday, August 19th. Needham & Company LLC reaffirmed a “buy” rating and set a $230.00 target price on shares of Palo Alto Networks in a report on Wednesday, September 3rd. Finally, Westpark Capital reiterated a “hold” rating on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Thirty investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. 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 Stock Up 1.0%

NASDAQ:PANW opened at $217.11 on Monday. The stock has a market cap of $145.22 billion, a P/E ratio of 135.27, a PEG ratio of 5.16 and a beta of 0.98. The business’s 50-day moving average price is $200.79 and its two-hundred day moving average price is $192.59. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $218.23.

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, topping the consensus estimate of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the business earned $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. On average, equities research analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Activity

In other news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the completion of the sale, the executive vice president directly owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. The trade was a 4.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Nir Zuk sold 100,000 shares of the stock in a transaction on 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 directly 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 1,315,130 shares of company stock worth $260,687,367. Corporate insiders own 2.50% of the company’s stock.

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.