WNY Asset Management LLC Takes $273,000 Position in Palo Alto Networks, Inc. $PANW

WNY Asset Management LLC purchased a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,704 shares of the network technology company’s stock, valued at approximately $273,000.

A number of other institutional investors also recently bought and sold shares of PANW. Segall Bryant & Hamill LLC boosted its stake in Palo Alto Networks by 14.7% during the first quarter. Segall Bryant & Hamill LLC now owns 149,277 shares of the network technology company’s stock worth $23,932,000 after buying an additional 19,164 shares during the period. Evolutionary Tree Capital Management LLC purchased a new stake in shares of Palo Alto Networks in the first quarter valued at $1,344,000. Montchanin Asset Management LLC purchased a new stake in shares of Palo Alto Networks in the first quarter valued at $260,000. Compass Capital Management Inc. raised its stake in shares of Palo Alto Networks by 0.8% in the first quarter. Compass Capital Management Inc. now owns 74,418 shares of the network technology company’s stock valued at $11,931,000 after acquiring an additional 624 shares during the period. Finally, Groupe la Francaise lifted its holdings in shares of Palo Alto Networks by 24.8% in the 1st quarter. Groupe la Francaise now owns 256,415 shares of the network technology company’s stock worth $39,991,000 after acquiring an additional 50,952 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors.

Palo Alto Networks Trading Up 1.9%

PANW stock opened at $331.83 on Friday. The company has a market capitalization of $270.44 billion, a PE ratio of 271.99, a P/E/G ratio of 12.32 and a beta of 0.91. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $368.80. The firm’s 50-day moving average is $308.00 and its 200 day moving average is $222.24. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was up 31.1% on a year-over-year basis. During the same period in the previous 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. On average, research analysts anticipate that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Insider Activity

In related news, Director James J. Goetz sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the completion of the sale, the director owned 20,000 shares in the company, valued at approximately $5,598,000. The trade was a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Josh D. Paul sold 900 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $345.00, for a total value of $310,500.00. Following the completion of the transaction, the chief accounting officer directly owned 79,644 shares in the company, valued at approximately $27,477,180. This trade represents a 1.12% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 101,239 shares of company stock valued at $27,174,360. Insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

PANW has been the subject of a number of recent analyst reports. Needham & Company LLC lifted their price target on shares of Palo Alto Networks from $350.00 to $425.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. FBN Securities reissued an “outperform” rating on shares of Palo Alto Networks in a research report on Wednesday, July 1st. Wells Fargo & Company raised their price objective on shares of Palo Alto Networks from $325.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. Citigroup restated a “buy” rating and set a $400.00 target price (up from $340.00) on shares of Palo Alto Networks in a research report on Monday, July 13th. Finally, Royal Bank Of Canada upped their target price on Palo Alto Networks from $255.00 to $330.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $331.48.

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.