Palo Alto Networks, Inc. $PANW Shares Purchased by Juno Financial Group LLC

Juno Financial Group LLC raised its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 67.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 24,787 shares of the network technology company’s stock after acquiring an additional 9,948 shares during the period. Palo Alto Networks accounts for approximately 1.6% of Juno Financial Group LLC’s holdings, making the stock its 17th biggest position. Juno Financial Group LLC’s holdings in Palo Alto Networks were worth $3,974,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of PANW. Norges Bank acquired a new position in shares of Palo Alto Networks in the 4th quarter worth $1,415,364,000. Vanguard Group Inc. lifted its holdings in shares of Palo Alto Networks by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock valued at $12,512,533,000 after purchasing an additional 2,659,100 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Palo Alto Networks by 1,665.1% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,761,909 shares of the network technology company’s stock valued at $442,788,000 after purchasing an additional 2,605,433 shares during the period. Bank of America Corp DE boosted its position in shares of Palo Alto Networks by 11.9% in the 4th quarter. Bank of America Corp DE now owns 19,375,486 shares of the network technology company’s stock valued at $3,568,964,000 after purchasing an additional 2,065,776 shares during the period. Finally, Employees Provident Fund Board purchased a new position in Palo Alto Networks in the 4th quarter worth about $281,542,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of PANW opened at $358.68 on Friday. The company has a market capitalization of $292.32 billion, a PE ratio of 294.00, a PEG ratio of 13.14 and a beta of 0.91. 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 company’s 50 day moving average price is $290.04 and its 200 day moving average price is $212.30. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $368.80.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The company had revenue of $3 billion during the quarter, compared to the consensus estimate 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 revenue was up 31.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. Research analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

PANW has been the topic of several recent analyst reports. Northland Securities boosted their price objective on Palo Alto Networks from $190.00 to $302.00 and gave the stock a “market perform” rating in a report on Wednesday, June 3rd. UBS Group set a $300.00 target price on shares of Palo Alto Networks and gave the stock a “neutral” rating in a report on Wednesday, June 3rd. Susquehanna reissued a “positive” rating and issued a $350.00 target price (up from $200.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Stifel Nicolaus set a $340.00 price target on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. upped their price target on shares of Palo Alto Networks from $200.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. One research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average price target of $327.74.

Insider Buying and Selling at Palo Alto Networks

In related news, Director Aparna Bawa sold 290 shares of Palo Alto Networks stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $348.74, for a total transaction of $101,134.60. Following the completion of the sale, the director owned 6,437 shares of the company’s stock, valued at approximately $2,244,839.38. This trade represents a 4.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total value of $1,447,800.00. Following the completion of the transaction, the executive vice president owned 145,250 shares in the company, valued at $42,058,590. This represents a 3.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 101,239 shares of company stock valued at $27,174,360 in the last quarter. Corporate insiders own 1.40% of the company’s stock.

About Palo Alto Networks

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.