Liberty Wealth Management LLC Invests $234,000 in Palo Alto Networks, Inc. $PANW

Liberty Wealth Management LLC purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,145 shares of the network technology company’s stock, valued at approximately $234,000.

A number of other institutional investors have also recently bought and sold shares of the business. Teacher Retirement System of Texas grew its holdings in Palo Alto Networks by 117.8% during the 2nd quarter. Teacher Retirement System of Texas now owns 328,824 shares of the network technology company’s stock worth $67,291,000 after acquiring an additional 177,831 shares during the period. Transcend Capital Advisors LLC grew its stake in shares of Palo Alto Networks by 12.0% during the second quarter. Transcend Capital Advisors LLC now owns 11,764 shares of the network technology company’s stock worth $2,407,000 after purchasing an additional 1,258 shares during the period. Brookwood Investment Group LLC grew its stake in shares of Palo Alto Networks by 7.3% during the second quarter. Brookwood Investment Group LLC now owns 8,523 shares of the network technology company’s stock worth $1,744,000 after purchasing an additional 579 shares during the period. GoalVest Advisory LLC grew its stake in shares of Palo Alto Networks by 109.3% during the second quarter. GoalVest Advisory LLC now owns 808 shares of the network technology company’s stock worth $165,000 after purchasing an additional 422 shares during the period. Finally, OVERSEA CHINESE BANKING Corp Ltd grew its stake in shares of Palo Alto Networks by 28.6% during the second quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 18,023 shares of the network technology company’s stock worth $3,652,000 after purchasing an additional 4,010 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Scotiabank boosted their target price on Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, August 19th. KeyCorp cut shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 31st. Rosenblatt Securities decreased their price objective on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a report on Thursday, August 14th. Oppenheimer boosted their price target on shares of Palo Alto Networks from $225.00 to $245.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $232.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. 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’s stock. Based on data from MarketBeat, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average target price of $218.17.

Palo Alto Networks Trading Up 1.5%

Shares of NASDAQ PANW opened at $220.29 on Tuesday. The firm has a market cap of $147.35 billion, a PE ratio of 137.25, a PEG ratio of 5.16 and a beta of 0.98. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $221.09. The company has a fifty day moving average price of $201.67 and a 200 day moving average price of $192.92.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion during 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%. The company’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 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. Equities research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Activity at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president directly owned 96,135 shares of the company’s stock, valued at $19,629,805.65. This trade represents a 4.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the transaction, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. This trade represents a 75.48% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, 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 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.