Palo Alto Networks, Inc. $PANW Stock Holdings Increased by SteelPeak Wealth LLC

SteelPeak Wealth LLC increased its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 12.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,481 shares of the network technology company’s stock after purchasing an additional 2,248 shares during the quarter. SteelPeak Wealth LLC’s holdings in Palo Alto Networks were worth $3,284,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its stake in shares of Palo Alto Networks by 15.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock worth $65,796,000 after purchasing an additional 53,485 shares during the last quarter. Aviva PLC lifted its stake in shares of Palo Alto Networks by 5.4% in the 4th quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after purchasing an additional 29,230 shares during the last quarter. Granite Islands Private Wealth LLC boosted its holdings in Palo Alto Networks by 43.6% in the first quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock worth $2,453,000 after purchasing an additional 4,659 shares in the last quarter. Peapack Gladstone Financial Corp boosted its holdings in Palo Alto Networks by 8.8% in the fourth quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock worth $8,926,000 after purchasing an additional 3,926 shares in the last quarter. Finally, Oak Thistle LLC acquired a new position in Palo Alto Networks during the fourth quarter worth $1,554,000. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Trading Down 0.0%

Palo Alto Networks stock opened at $353.99 on Friday. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $368.17. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market capitalization of $288.50 billion, a PE ratio of 290.16, a PEG ratio of 13.15 and a beta of 0.91. The business’s 50-day simple moving average is $287.03 and its 200-day simple moving average is $211.27.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating the consensus estimate 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 return on equity of 10.53% and a net margin of 7.95%.The firm’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Equities research analysts forecast that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PANW. Weiss Ratings lowered Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Wells Fargo & Company upped their price target on Palo Alto Networks from $325.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. BTIG Research increased their price objective on Palo Alto Networks from $333.00 to $380.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Berenberg Bank raised their price objective on Palo Alto Networks from $290.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Finally, Stephens boosted their target price on Palo Alto Networks from $180.00 to $300.00 and gave the stock an “equal weight” rating in a report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $327.74.

Insider Activity at Palo Alto Networks

In related news, EVP Lee Klarich sold 62,904 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the transaction, the executive vice president owned 235,983 shares of the company’s stock, valued at approximately $61,037,002.95. The trade was a 21.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the transaction, the executive vice president owned 145,250 shares of the company’s stock, valued at approximately $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 101,239 shares of company stock valued at $27,174,360. 1.40% of the stock is owned by corporate insiders.

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.