Private Advisory Group LLC Buys New Position in Palo Alto Networks, Inc. $PANW

Private Advisory Group LLC purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,141 shares of the network technology company’s stock, valued at approximately $730,000.

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

Analyst Upgrades and Downgrades

A number of brokerages have commented on PANW. Cantor Fitzgerald set a $340.00 price objective on shares of Palo Alto Networks and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Stephens raised their target price on Palo Alto Networks from $180.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 3rd. Argus set a $425.00 target price on Palo Alto Networks in a research note on Tuesday, July 21st. TD Cowen reaffirmed a “buy” rating on shares of Palo Alto Networks in a research report on Thursday, August 6th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $400.00 price target (up from $350.00) on shares of Palo Alto Networks in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $339.61.

Palo Alto Networks Trading Down 3.0%

PANW opened at $384.27 on Friday. The stock has a market capitalization of $313.18 billion, a PE ratio of 314.98, a P/E/G ratio of 12.89 and a beta of 0.91. The firm’s fifty day moving average price is $328.02 and its 200 day moving average price is $235.34. 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, Inc. has a 12-month low of $139.57 and a 12-month high of $398.88.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data 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 for 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 was up 31.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $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. As a group, research analysts expect that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Josh D. Paul sold 900 shares of the business’s stock in a transaction dated 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 sale, the chief accounting officer directly owned 79,644 shares of the company’s stock, valued at $27,477,180. The trade was a 1.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, 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 value of $5,598,000.00. Following the sale, the director owned 20,000 shares in the company, valued at $5,598,000. The trade was a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 101,239 shares of company stock worth $27,174,360. Company insiders own 1.40% of the company’s stock.

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.