Palo Alto Networks, Inc. $PANW Shares Acquired by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. increased its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 24.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 68,422 shares of the network technology company’s stock after purchasing an additional 13,533 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Palo Alto Networks were worth $11,675,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Capital A Wealth Management LLC acquired a new stake in Palo Alto Networks in the fourth quarter worth about $29,000. HWG Holdings LP acquired a new stake in Palo Alto Networks in the first quarter worth about $31,000. Dagco Inc. acquired a new stake in Palo Alto Networks in the first quarter worth about $33,000. SWAN Capital LLC lifted its holdings in Palo Alto Networks by 100.0% in the fourth quarter. SWAN Capital LLC now owns 200 shares of the network technology company’s stock worth $36,000 after purchasing an additional 100 shares during the period. Finally, Glen Eagle Advisors LLC lifted its holdings in Palo Alto Networks by 100.0% in the fourth quarter. Glen Eagle Advisors LLC now owns 212 shares of the network technology company’s stock worth $39,000 after purchasing an additional 106 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total value of $23,081,119.14. Following the transaction, the executive vice president owned 177,954 shares in the company, valued at $34,008,788.94. This represents a 40.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Josh D. Paul sold 800 shares of the company’s stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $201.05, for a total value of $160,840.00. Following the completion of the transaction, the chief accounting officer owned 42,033 shares in the company, valued at $8,450,734.65. This represents a 1.87% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 569,422 shares of company stock worth $106,629,618 over the last quarter. Company insiders own 2.50% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Westpark Capital reaffirmed a “hold” rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. Northland Securities cut their price target on shares of Palo Alto Networks from $210.00 to $177.00 and set a “market perform” rating for the company in a report on Wednesday, May 21st. KeyCorp downgraded shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 31st. Bank of America raised shares of Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 price target for the company in a report on Tuesday, August 19th. Finally, DA Davidson reissued a “buy” rating and issued a $215.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. Twenty-eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average price target of $211.68.

Palo Alto Networks Trading Up 0.1%

NASDAQ PANW opened at $197.55 on Wednesday. The stock’s 50-day moving average price is $188.19 and its two-hundred day moving average price is $185.75. The company has a market cap of $132.14 billion, a PE ratio of 123.08, a PEG ratio of 4.71 and a beta of 0.98. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $210.39.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

About Palo Alto Networks

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.