Savvy Advisors Inc. Purchases 1,019 Shares of Palo Alto Networks, Inc. $PANW

Savvy Advisors Inc. lifted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 8.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,195 shares of the network technology company’s stock after acquiring an additional 1,019 shares during the period. Savvy Advisors Inc.’s holdings in Palo Alto Networks were worth $2,700,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Fortune 45 LLC raised its position in shares of Palo Alto Networks by 5.3% in the 2nd quarter. Fortune 45 LLC now owns 2,526 shares of the network technology company’s stock worth $517,000 after acquiring an additional 127 shares in the last quarter. MeadowBrook Investment Advisors LLC increased its holdings in shares of Palo Alto Networks by 14.4% in the second quarter. MeadowBrook Investment Advisors LLC now owns 2,354 shares of the network technology company’s stock valued at $482,000 after purchasing an additional 296 shares during the period. Keybank National Association OH increased its holdings in shares of Palo Alto Networks by 18.0% in the second quarter. Keybank National Association OH now owns 35,414 shares of the network technology company’s stock valued at $7,247,000 after purchasing an additional 5,401 shares during the period. HBK Sorce Advisory LLC increased its holdings in shares of Palo Alto Networks by 9.0% in the second quarter. HBK Sorce Advisory LLC now owns 5,248 shares of the network technology company’s stock valued at $1,074,000 after purchasing an additional 432 shares during the period. Finally, Arkadios Wealth Advisors boosted its stake in shares of Palo Alto Networks by 9.2% in the second quarter. Arkadios Wealth Advisors now owns 39,893 shares of the network technology company’s stock worth $8,164,000 after buying an additional 3,351 shares during the last quarter. 79.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on PANW shares. Sanford C. Bernstein set a $207.00 target price on Palo Alto Networks and gave the stock an “outperform” rating in a research note on Tuesday, August 19th. Mizuho increased their price target on Palo Alto Networks from $210.00 to $220.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Tigress Financial started 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. Wedbush restated an “outperform” rating and issued a $225.00 target price on shares of Palo Alto Networks in a research report on Monday, September 15th. Finally, Barclays reaffirmed an “overweight” rating and issued a $215.00 price target (up previously from $210.00) on shares of Palo Alto Networks in a 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus target price of $218.17.

Palo Alto Networks Trading Down 1.9%

NASDAQ:PANW opened at $217.16 on Thursday. The firm has a market cap of $145.26 billion, a PE ratio of 135.30, a price-to-earnings-growth ratio of 5.26 and a beta of 0.98. The stock has a fifty day moving average price of $203.12 and a 200 day moving average price of $193.64. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $223.61.

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, topping analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The company had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the previous year, the business earned $0.75 EPS. Palo Alto Networks’s revenue for the quarter was up 15.8% on a year-over-year basis. 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 analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Transactions at Palo Alto Networks

In other news, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer owned 275,013 shares of the company’s stock, valued at $56,119,152.78. The trade was a 75.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the company’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 value of $1,020,950.00. Following the completion of the sale, the executive vice president directly owned 96,135 shares in the company, valued at approximately $19,629,805.65. The trade was a 4.94% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,315,130 shares of company stock worth $260,687,367 over the last three months. 2.50% of the stock is currently owned by company insiders.

About Palo Alto Networks

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.