1,871 Shares in Palo Alto Networks, Inc. $PANW Acquired by Green Ridge Wealth Planning LLC

Green Ridge Wealth Planning LLC purchased a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,871 shares of the network technology company’s stock, valued at approximately $345,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Advisortrust Partners LLC bought a new stake in shares of Palo Alto Networks during the fourth quarter valued at approximately $433,000. PeakShares LLC bought a new position in shares of Palo Alto Networks during the fourth quarter worth $939,000. Corient Private Wealth LLC boosted its position in shares of Palo Alto Networks by 22.1% during the fourth quarter. Corient Private Wealth LLC now owns 1,475,522 shares of the network technology company’s stock worth $272,842,000 after acquiring an additional 266,725 shares during the last quarter. Union Savings Bank purchased a new position in Palo Alto Networks during the fourth quarter valued at $395,000. Finally, Hsbc Holdings PLC grew its stake in Palo Alto Networks by 12.6% during the fourth quarter. Hsbc Holdings PLC now owns 1,456,150 shares of the network technology company’s stock valued at $268,520,000 after acquiring an additional 162,847 shares in the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Stock Performance

Palo Alto Networks stock opened at $287.78 on Friday. The company’s 50-day moving average price is $228.24 and its 200-day moving average price is $192.65. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a market cap of $234.54 billion, a PE ratio of 235.89, a price-to-earnings-growth ratio of 10.69 and a beta of 0.94. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The firm 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 firm’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same quarter last 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. On average, equities research analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Insider Buying and Selling at Palo Alto Networks

In other news, Director John P. Key sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.24, for a total value of $2,094,300.00. Following the completion of the sale, the director directly owned 12,500 shares of the company’s stock, valued at $3,490,500. This trade represents a 37.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Aparna Bawa sold 536 shares of Palo Alto Networks stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $280.00, for a total value of $150,080.00. Following the completion of the transaction, the director owned 7,704 shares of the company’s stock, valued at approximately $2,157,120. This trade represents a 6.50% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 101,044 shares of company stock valued at $26,022,722. Corporate insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on PANW. Truist Financial boosted their price target on shares of Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Capital One Financial raised their price objective on Palo Alto Networks from $168.00 to $248.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. Cantor Fitzgerald set a $340.00 target price on Palo Alto Networks and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. HSBC increased their price target on Palo Alto Networks from $114.00 to $207.00 in a research note on Thursday, June 4th. Finally, Morgan Stanley raised their price target on Palo Alto Networks from $253.00 to $320.00 and gave the company an “overweight” rating in a report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $306.59.

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.