Palo Alto Networks, Inc. $PANW is Lyell Wealth Management LP’s 6th Largest Position

Lyell Wealth Management LP raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 2.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 164,836 shares of the network technology company’s stock after acquiring an additional 4,166 shares during the quarter. Palo Alto Networks makes up about 2.7% of Lyell Wealth Management LP’s holdings, making the stock its 6th biggest holding. Lyell Wealth Management LP’s holdings in Palo Alto Networks were worth $33,732,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Palo Alto Networks in the first quarter worth approximately $261,000. Strive Asset Management LLC lifted its stake in Palo Alto Networks by 16.6% in the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock worth $358,000 after acquiring an additional 299 shares during the last quarter. GAMMA Investing LLC lifted its stake in Palo Alto Networks by 10.8% in the first quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock worth $2,410,000 after acquiring an additional 1,374 shares during the last quarter. Avity Investment Management Inc. lifted its stake in Palo Alto Networks by 37.9% in the second quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company’s stock worth $37,181,000 after acquiring an additional 49,971 shares during the last quarter. Finally, Czech National Bank raised its holdings in Palo Alto Networks by 6.4% during the second quarter. Czech National Bank now owns 161,840 shares of the network technology company’s stock worth $33,119,000 after purchasing an additional 9,766 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $207.89 on Monday. The firm’s fifty day simple moving average is $196.80 and its 200-day simple moving average is $190.59. The stock has a market capitalization of $139.06 billion, a price-to-earnings ratio of 129.53, a PEG ratio of 4.94 and a beta of 0.98. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $217.94.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company’s quarterly revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the company posted $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. Analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on PANW shares. Needham & Company LLC reissued a “buy” rating and set a $230.00 price objective on shares of Palo Alto Networks in a report on Wednesday, September 3rd. Bank of America raised shares of Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 price objective on the stock in a report on Tuesday, August 19th. DA Davidson reissued a “buy” rating and set a $215.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Stephens reissued an “equal weight” rating and set a $205.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, BMO Capital Markets raised their price objective on shares of Palo Alto Networks from $217.00 to $225.00 and gave the stock an “outperform” rating in a report on Tuesday, August 19th. Thirty analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $216.60.

Insiders Place Their Bets

In other Palo Alto Networks news, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the transaction, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. The trade was a 75.48% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Nir Zuk sold 100,000 shares of the business’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the transaction, the executive vice president directly owned 3,143,516 shares in the company, valued at $543,199,564.80. This represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,315,130 shares of company stock worth $260,687,367. Corporate insiders own 2.50% of the company’s stock.

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.