State of Wyoming Purchases 2,045 Shares of Palo Alto Networks, Inc. $PANW

State of Wyoming lifted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 655.4% during the 4th quarter, Holdings Channel reports. The fund owned 2,357 shares of the network technology company’s stock after acquiring an additional 2,045 shares during the quarter. State of Wyoming’s holdings in Palo Alto Networks were worth $434,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of PANW. TD Asset Management Inc increased its holdings in Palo Alto Networks by 7.6% during the 4th quarter. TD Asset Management Inc now owns 398,503 shares of the network technology company’s stock valued at $73,404,000 after purchasing an additional 28,232 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in Palo Alto Networks by 87.0% in the fourth quarter. Sivia Capital Partners LLC now owns 4,264 shares of the network technology company’s stock worth $785,000 after purchasing an additional 1,984 shares in the last quarter. Marietta Investment Partners LLC acquired a new position in Palo Alto Networks in the fourth quarter worth $2,780,000. WCG Wealth Advisors LLC grew its holdings in shares of Palo Alto Networks by 173.5% during the fourth quarter. WCG Wealth Advisors LLC now owns 33,816 shares of the network technology company’s stock worth $6,229,000 after purchasing an additional 21,453 shares during the last quarter. Finally, Shepherd Street Advisors LLC bought a new stake in shares of Palo Alto Networks during the fourth quarter worth $1,129,000. 79.82% of the stock is currently owned by institutional investors.

Palo Alto Networks Stock Performance

Palo Alto Networks stock opened at $272.05 on Monday. The company has a market cap of $221.72 billion, a PE ratio of 222.99, a PEG ratio of 9.55 and a beta of 0.94. 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 1 year low of $139.57 and a 1 year high of $302.95. The company’s 50-day moving average is $205.03 and its two-hundred day moving average is $186.47.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly 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. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the previous year, the firm posted $0.37 earnings per share. Palo Alto Networks’s revenue for the quarter was up 31.1% compared to the same quarter last year. 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. Equities analysts anticipate that Palo Alto Networks, Inc. will post 2.15 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on PANW shares. Piper Sandler reaffirmed an “overweight” rating and issued a $345.00 price target (up from $265.00) on shares of Palo Alto Networks in a report on Wednesday. Daiwa Securities Group decreased their price objective on shares of Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating on the stock in a report on Tuesday, February 24th. Mizuho raised their price objective on shares of Palo Alto Networks from $265.00 to $305.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Wolfe Research reaffirmed an “outperform” rating and issued a $320.00 target price on shares of Palo Alto Networks in a research note on Wednesday. Finally, BNP Paribas Exane upped their target price on shares of Palo Alto Networks from $220.00 to $330.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $306.59.

More Palo Alto Networks News

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Analyst sentiment remains broadly constructive, with multiple firms raising price targets after earnings, including targets of $207 to $360 and several firms reiterating positive forecasts for PANW. HSBC adjusts price target on Palo Alto Networks
• Positive Sentiment: FBN Securities upgraded Palo Alto Networks from “outperform” to “strong-buy,” adding to the bullish analyst backdrop. FBN Securities upgrade
• Neutral Sentiment: Several articles note that PANW’s strong AI security narrative and recent earnings beat have kept the long-term story intact, even as the stock has cooled after its sharp rally. Barron’s on Palo Alto Networks rally
• Negative Sentiment: Cybersecurity peers, especially CrowdStrike, sold off after earnings, and that weakness spilled over to PANW as investors demanded clearer proof of AI monetization and more room for upside after the rally. CrowdStrike sinks, weighing on Palo Alto Networks
• Negative Sentiment: Some commentary argues PANW’s stock has run too far too fast, suggesting valuation concerns and profit-taking are pressuring shares despite solid fundamentals. Seeking Alpha on Palo Alto Networks valuation

Insider Activity

In related news, CEO Nikesh Arora purchased 68,085 shares of Palo Alto Networks stock in a transaction dated Friday, March 27th. The shares were acquired at an average cost of $146.87 per share, for a total transaction of $9,999,643.95. Following the transaction, the chief executive officer directly owned 343,394 shares of the company’s stock, valued at approximately $50,434,276.78. This trade represents a 24.73% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director John P. Key sold 1,572 shares of Palo Alto Networks stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $173.32, for a total value of $272,459.04. Following the sale, the director directly owned 20,000 shares of the company’s stock, valued at approximately $3,466,400. This trade represents a 7.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 72,076 shares of company stock worth $17,930,587. 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.