Kelleher Financial Advisors Takes $762,000 Position in Palo Alto Networks, Inc. $PANW

Kelleher Financial Advisors acquired a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, Holdings Channel reports. The fund acquired 2,233 shares of the network technology company’s stock, valued at approximately $762,000.

A number of other hedge funds have also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in Palo Alto Networks in the 2nd quarter valued at $25,000. Knuff & Co LLC purchased a new position in shares of Palo Alto Networks during the 4th quarter worth $26,000. Sittner & Nelson LLC boosted its holdings in shares of Palo Alto Networks by 73.8% during the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after purchasing an additional 62 shares during the last quarter. Luken Investment Analytics LLC boosted its holdings in shares of Palo Alto Networks by 196.2% during the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after purchasing an additional 102 shares during the last quarter. Finally, WHI TRUST Co LLC acquired a new stake in shares of Palo Alto Networks during the fourth quarter worth $28,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Trading Down 3.0%

Shares of PANW opened at $384.27 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $313.18 billion, a P/E ratio of 314.98, a price-to-earnings-growth ratio of 12.89 and a beta of 0.91. The stock’s fifty day simple moving average is $328.02 and its 200 day simple moving average is $235.34. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $398.88.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter last year, the firm earned $0.37 earnings per share. The firm’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. On average, equities research analysts forecast that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total value of $1,447,800.00. Following the transaction, the executive vice president directly owned 145,250 shares of the company’s stock, valued at $42,058,590. The trade was a 3.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CAO Josh D. Paul sold 1,100 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the sale, the chief accounting officer owned 81,636 shares of the company’s stock, valued at $23,272,790.88. The trade was a 1.33% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 101,239 shares of company stock worth $27,174,360. Corporate insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on PANW shares. Jefferies Financial Group set a $335.00 target price on Palo Alto Networks and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Argus set a $425.00 price target on Palo Alto Networks in a research note on Tuesday, July 21st. Truist Financial lifted their price target on Palo Alto Networks from $275.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Wolfe Research reaffirmed an “outperform” rating and set a $320.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $434.00 price objective (up from $330.00) on shares of Palo Alto Networks in a report on Friday. One analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus target price of $339.61.

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.