Earned Wealth Advisors LLC decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 57.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,436 shares of the network technology company’s stock after selling 1,902 shares during the quarter. Earned Wealth Advisors LLC’s holdings in Palo Alto Networks were worth $230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also bought and sold shares of the company. Commonwealth Financial Services LLC boosted its holdings in shares of Palo Alto Networks by 7.8% during the first quarter. Commonwealth Financial Services LLC now owns 2,447 shares of the network technology company’s stock worth $392,000 after purchasing an additional 178 shares during the period. Meeder Advisory Services Inc. raised its position in Palo Alto Networks by 6.9% during the 1st quarter. Meeder Advisory Services Inc. now owns 19,539 shares of the network technology company’s stock valued at $3,133,000 after purchasing an additional 1,264 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Palo Alto Networks by 9.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,284,634 shares of the network technology company’s stock worth $205,912,000 after buying an additional 115,967 shares during the period. Scarborough Advisors LLC purchased a new stake in Palo Alto Networks in the 1st quarter worth approximately $101,000. Finally, Balefire LLC bought a new stake in shares of Palo Alto Networks in the 1st quarter worth approximately $301,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.
Palo Alto Networks Price Performance
Shares of NASDAQ:PANW opened at $335.28 on Thursday. The business has a fifty day moving average price of $297.43 and a 200-day moving average price of $215.80. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market capitalization of $273.25 billion, a PE ratio of 274.82, a PEG ratio of 12.70 and a beta of 0.91. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $368.80.
More Palo Alto Networks News
Here are the key news stories impacting Palo Alto Networks this week:
- Positive Sentiment: Analysts and commentators continue to highlight Palo Alto Networks as a key beneficiary of rising AI-driven cybersecurity spending, with Morgan Stanley saying sentiment on software stocks may be too negative and Barron’s arguing PANW could be a major winner in the new AI era. Article: Morgan Stanley Analysts Say Sentiment Has Gotten ‘Too Negative’ on Software Stocks. These Are Their Picks
- Positive Sentiment: Market watchers are also pointing to broader enterprise demand for cybersecurity as AI agents proliferate, which could support future security product spending and reinforce PANW’s growth narrative. Article: Citi Wealth CIO Warns “Infinite AI Agents” Will Accelerate Cybersecurity’s Share of Enterprise Spending
- Positive Sentiment: Palo Alto Networks announced it will acquire Embrace to extend its observability platform with Real User Monitoring and Synthetics, a move aimed at improving digital experience monitoring and AI-driven operations. Investors may see this as an expansion into a higher-value adjacent market. Article: Palo Alto Networks to Extend Leading Observability Platform with Innovative Digital Experience Monitoring
- Neutral Sentiment: Another brief note flagged PANW as a cybersecurity stock to follow, but did not add any new catalyst beyond the broader sector interest. Article: Cybersecurity Stocks To Follow Now – July 20th
- Negative Sentiment: Despite the upbeat long-term themes, one article noted PANW had slipped intraday, suggesting some investors are still taking profits or reacting to overall software sector weakness. Article: Palo Alto slips 3%: Why this analyst still sees it as a top cyber pick
Insider Buying and Selling
In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the sale, the director directly owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John P. Key sold 7,500 shares of the company’s stock in a transaction 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 owned 12,500 shares of the company’s stock, valued at $3,490,500. This trade represents a 37.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 101,239 shares of company stock valued at $27,174,360 in the last 90 days. 1.40% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on PANW shares. JPMorgan Chase & Co. lifted their price target on shares of Palo Alto Networks from $200.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Berenberg Bank upped their price objective on shares of Palo Alto Networks from $290.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Needham & Company LLC raised their target price on shares of Palo Alto Networks from $350.00 to $425.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Wolfe Research reaffirmed an “outperform” rating and set a $320.00 target price on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Piper Sandler reiterated an “overweight” rating and set a $345.00 price target (up from $265.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and a consensus price target of $331.48.
Check Out Our Latest Report on PANW
Palo Alto Networks Company 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.
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