Gateway Wealth Partners LLC Boosts Stock Holdings in Palo Alto Networks, Inc. $PANW

Gateway Wealth Partners LLC raised its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 149.6% in the 1st quarter, Holdings Channel.com reports. The firm owned 4,819 shares of the network technology company’s stock after acquiring an additional 2,888 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Palo Alto Networks were worth $773,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of PANW. Darwin Wealth Management LLC bought a new position in shares of Palo Alto Networks during the 2nd quarter worth $25,000. Steph & Co. raised its stake in 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 acquiring an additional 67 shares during the period. Knuff & Co LLC purchased a new stake in Palo Alto Networks during the fourth quarter valued at about $26,000. Sittner & Nelson LLC lifted its holdings in Palo Alto Networks by 73.8% during the fourth 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, Luken Investment Analytics LLC boosted its position in Palo Alto Networks by 196.2% during the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after purchasing an additional 102 shares during the period. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Price Performance

PANW stock opened at $314.15 on Thursday. The firm has a 50 day moving average of $305.12 and a 200-day moving average of $220.50. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $368.80. The firm has a market capitalization of $256.03 billion, a P/E ratio of 257.50, a price-to-earnings-growth ratio of 11.84 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate 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 company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the previous year, the company earned $0.37 earnings per share. Palo Alto Networks’s revenue for the quarter was up 31.1% on a year-over-year basis. 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, sell-side analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the sale, the executive vice president directly owned 145,250 shares of the company’s stock, valued at $42,058,590. This trade represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Josh D. Paul sold 1,100 shares of the firm’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 sale, the chief accounting officer owned 81,636 shares in the company, valued at $23,272,790.88. The trade was a 1.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 101,239 shares of company stock worth $27,174,360. Company insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

PANW has been the topic of several research reports. William Blair reissued an “outperform” rating on shares of Palo Alto Networks in a research report on Tuesday, June 16th. Truist Financial raised their price objective on shares of Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Sanford C. Bernstein raised their price objective on shares of Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Royal Bank Of Canada boosted their target price on shares of Palo Alto Networks from $255.00 to $330.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. Finally, Wolfe Research reissued an “outperform” rating and set a $320.00 target price on shares of Palo Alto Networks in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $331.48.

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.