Fusion Capital LLC Buys Shares of 1,192 Palo Alto Networks, Inc. $PANW

Fusion Capital LLC purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,192 shares of the network technology company’s stock, valued at approximately $244,000.

Several other institutional investors and hedge funds have also modified their holdings of PANW. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Palo Alto Networks during the 1st quarter worth $261,000. Strive Asset Management LLC grew its position in Palo Alto Networks by 16.6% during the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock valued at $358,000 after buying an additional 299 shares during the period. Migdal Insurance & Financial Holdings Ltd. increased its holdings in Palo Alto Networks by 25.3% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 205,053 shares of the network technology company’s stock worth $41,957,000 after buying an additional 41,392 shares during the last quarter. Whipplewood Advisors LLC raised its position in Palo Alto Networks by 6,400.0% in the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after acquiring an additional 128 shares during the period. Finally, Arkadios Wealth Advisors raised its position in 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 acquiring an additional 3,351 shares during the period. 79.82% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on PANW shares. Citigroup reissued an “outperform” rating on shares of Palo Alto Networks in a research report on Monday, October 27th. Rosenblatt Securities reduced their price objective on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a report on Thursday, August 14th. BMO Capital Markets raised their target price on Palo Alto Networks from $217.00 to $225.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Stephens restated an “equal weight” rating and issued a $205.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, Robert W. Baird increased their price target on Palo Alto Networks from $230.00 to $240.00 and gave the stock an “outperform” rating in a research note on Friday. Twenty-nine research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $221.52.

Insider Buying and Selling

In other news, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the sale, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. This represents a 75.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 owned 96,135 shares of the company’s stock, valued at $19,629,805.65. This trade represents a 4.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,215,830 shares of company stock valued at $249,160,428. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Price Performance

NASDAQ:PANW opened at $205.25 on Friday. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $223.61. The stock’s fifty day moving average price is $209.07 and its two-hundred day moving average price is $197.06. The company has a market cap of $140.39 billion, a P/E ratio of 127.88, a P/E/G ratio of 4.87 and a beta of 0.95.

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 for the quarter, beating the consensus estimate of $0.89 by $0.06. The company had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the previous 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, analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

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.