Tempo Wealth LLC Purchases New Stake in Palo Alto Networks, Inc. $PANW

Tempo Wealth LLC purchased a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 2,640 shares of the network technology company’s stock, valued at approximately $486,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Aviva PLC lifted its position in Palo Alto Networks by 5.4% during the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock worth $104,774,000 after acquiring an additional 29,230 shares during the last quarter. Westfield Capital Management Co. LP acquired a new position in shares of Palo Alto Networks in the third quarter valued at approximately $75,412,000. Peapack Gladstone Financial Corp increased its stake in shares of Palo Alto Networks by 8.8% during the fourth quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock worth $8,926,000 after purchasing an additional 3,926 shares during the period. American Century Companies Inc. lifted its holdings in Palo Alto Networks by 134.1% during the 3rd quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock worth $136,859,000 after purchasing an additional 384,985 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in Palo Alto Networks by 0.6% during the 3rd quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock worth $277,828,000 after purchasing an additional 8,344 shares during the last quarter. 79.82% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on PANW shares. Jefferies Financial Group set a $335.00 price objective on Palo Alto Networks and gave the company a “buy” rating in a report on Wednesday, June 3rd. BMO Capital Markets lifted their target price on Palo Alto Networks from $270.00 to $335.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. DA Davidson boosted their target price on shares of Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $325.00 price target (up from $285.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Truist Financial lifted their price objective on shares of Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.59.

Insider Transactions at Palo Alto Networks

In other news, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the transaction, the director owned 20,000 shares in the company, valued at approximately $5,598,000. This trade represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John P. Key sold 7,500 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.24, for a total value of $2,094,300.00. Following the transaction, the director directly owned 12,500 shares of the company’s stock, valued at $3,490,500. This trade represents a 37.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 101,044 shares of company stock worth $26,022,722. 1.40% of the stock is owned by insiders.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $287.78 on Friday. The firm has a 50 day moving average of $225.96 and a 200-day moving average of $191.98. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month 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 stock has a market capitalization of $234.54 billion, a PE ratio of 235.89, a PEG ratio of 10.48 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The firm’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter last year, the business posted $0.37 EPS. 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. On average, equities research analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Palo Alto Networks 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.