Venturi Wealth Management LLC Buys 10,097 Shares of Palo Alto Networks, Inc. $PANW

Venturi Wealth Management LLC lifted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 48.6% during the 1st quarter, Holdings Channel reports. The institutional investor owned 30,877 shares of the network technology company’s stock after buying an additional 10,097 shares during the period. Venturi Wealth Management LLC’s holdings in Palo Alto Networks were worth $4,950,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Aviva PLC lifted its position in shares of Palo Alto Networks by 5.4% during the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after purchasing an additional 29,230 shares in the last quarter. Peapack Gladstone Financial Corp grew its position in Palo Alto Networks by 8.8% in the 4th 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 in the last quarter. American Century Companies Inc. increased its stake in Palo Alto Networks by 134.1% in the 3rd quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock valued at $136,859,000 after buying an additional 384,985 shares during the last quarter. Generali Investments Management Co LLC lifted its position in shares of Palo Alto Networks by 38.4% during the 3rd quarter. Generali Investments Management Co LLC now owns 54,401 shares of the network technology company’s stock worth $11,077,000 after buying an additional 15,091 shares in the last quarter. Finally, Oak Thistle LLC purchased a new position in shares of Palo Alto Networks in the 4th quarter worth approximately $1,554,000. Institutional investors own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on PANW. Guggenheim lowered Palo Alto Networks from a “neutral” rating to a “reduce” rating in a report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft boosted their price objective on Palo Alto Networks from $220.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Susquehanna reaffirmed a “positive” rating and set a $350.00 target price (up from $200.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Royal Bank Of Canada lifted their target price on Palo Alto Networks from $255.00 to $330.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Finally, Morgan Stanley boosted their price target on shares of Palo Alto Networks from $253.00 to $320.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $306.59.

Palo Alto Networks Trading Up 3.8%

Shares of Palo Alto Networks stock opened at $304.20 on Friday. The stock has a market capitalization of $247.92 billion, a P/E ratio of 249.34, a P/E/G ratio of 10.88 and a beta of 0.94. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $306.24. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The stock’s 50-day simple moving average is $241.22 and its 200 day simple moving average is $196.11.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The firm had revenue of $3 billion during 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 company’s quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter last year, the business earned $0.37 earnings per share. 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, research analysts anticipate that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Insider Buying and Selling

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total transaction of $802,100.00. Following the sale, the executive vice president owned 150,250 shares of the company’s stock, valued at $24,103,105. The trade was a 3.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Josh D. Paul sold 1,100 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $161.40, for a total value of $177,540.00. Following the sale, the chief accounting officer owned 83,136 shares in the company, valued at approximately $13,418,150.40. This represents a 1.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 106,389 shares of company stock worth $27,570,630 in the last 90 days. 1.40% of the stock is currently owned by company insiders.

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.