1,922 Shares in Palo Alto Networks, Inc. $PANW Acquired by MLP3 LLC

MLP3 LLC bought a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,922 shares of the network technology company’s stock, valued at approximately $354,000.

Other hedge funds also recently made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in shares of Palo Alto Networks in the 2nd quarter valued at $25,000. Knuff & Co LLC acquired a new position in shares of Palo Alto Networks in the 4th quarter valued at $26,000. Steph & Co. boosted its holdings in shares of Palo Alto Networks by 88.2% in the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after purchasing an additional 67 shares during the last quarter. Sittner & Nelson LLC boosted its holdings in shares of Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 62 shares during the last quarter. Finally, Winch Advisory Services LLC boosted its holdings in shares of Palo Alto Networks by 96.1% in the 3rd quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after purchasing an additional 73 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Buying and Selling

In other news, CAO Josh D. Paul sold 1,100 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $285.08, for a total value of $313,588.00. Following the completion of the sale, the chief accounting officer owned 81,636 shares of the company’s stock, valued at approximately $23,272,790.88. The trade was a 1.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Lee Klarich sold 62,904 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the sale, the executive vice president directly owned 235,983 shares of the company’s stock, valued at $61,037,002.95. The trade was a 21.05% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 81,044 shares of company stock worth $20,424,722. 1.40% of the stock is currently owned by insiders.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $279.62 on Monday. The company’s fifty day simple moving average is $216.44 and its 200-day simple moving average is $189.26. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $302.95. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a market cap of $227.89 billion, a PE ratio of 229.20, a P/E/G ratio of 10.38 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter last year, the firm posted $0.37 EPS. The business’s revenue for the quarter was up 31.1% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. As a group, equities research analysts anticipate that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Analyst Ratings Changes

PANW has been the topic of a number of research analyst reports. Needham & Company LLC lifted their price target on shares of Palo Alto Networks from $200.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Daiwa Securities Group decreased their price target on shares of Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating on the stock in a report on Tuesday, February 24th. Evercore reiterated an “outperform” rating and issued a $375.00 price target on shares of Palo Alto Networks in a report on Wednesday, June 3rd. JPMorgan Chase & Co. lifted their price target on shares of Palo Alto Networks from $200.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Finally, Loop Capital lifted their price target on shares of Palo Alto Networks from $160.00 to $290.00 and gave the company a “hold” rating in a report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $306.59.

Palo Alto Networks Company Profile

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.