6,748 Shares in Palo Alto Networks, Inc. $PANW Bought by Guardian Capital LP

Guardian Capital LP bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the third quarter, according to its most recent filing with the SEC. The firm bought 6,748 shares of the network technology company’s stock, valued at approximately $1,374,000.

Several other institutional investors have also recently bought and sold shares of the company. Exchange Traded Concepts LLC boosted its stake in Palo Alto Networks by 29.4% during the 3rd quarter. Exchange Traded Concepts LLC now owns 32,155 shares of the network technology company’s stock valued at $6,547,000 after purchasing an additional 7,301 shares during the period. Westfield Capital Management Co. LP bought a new position in Palo Alto Networks in the 3rd quarter worth approximately $75,412,000. American Century Companies Inc. lifted its holdings in shares of Palo Alto Networks by 134.1% during the third quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock worth $136,859,000 after buying an additional 384,985 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Palo Alto Networks by 0.6% during the third quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock worth $277,828,000 after buying an additional 8,344 shares during the last quarter. Finally, Silver Oak Securities Incorporated boosted its position in shares of Palo Alto Networks by 240.1% in the third quarter. Silver Oak Securities Incorporated now owns 11,732 shares of the network technology company’s stock valued at $2,389,000 after acquiring an additional 8,282 shares during the period. Institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $188.18, for a total transaction of $940,900.00. Following the completion of the transaction, the executive vice president owned 155,119 shares in the company, valued at $29,190,293.42. This trade represents a 3.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Josh D. Paul sold 800 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $184.81, for a total transaction of $147,848.00. Following the transaction, the chief accounting officer owned 46,005 shares of the company’s stock, valued at approximately $8,502,184.05. This represents a 1.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 139,068 shares of company stock valued at $26,600,684 in the last 90 days. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Price Performance

Shares of PANW stock opened at $165.05 on Friday. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $223.61. The stock has a fifty day moving average price of $171.66 and a 200 day moving average price of $190.09. The stock has a market cap of $134.68 billion, a P/E ratio of 91.19, a price-to-earnings-growth ratio of 5.89 and a beta of 0.78.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.09. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The firm had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.58 billion. During the same quarter in the previous year, the firm posted $0.81 EPS. The business’s revenue for the quarter was up 14.9% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. Equities research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Wall Street Analyst Weigh In

PANW has been the topic of a number of research reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $225.00 target price on shares of Palo Alto Networks in a research report on Wednesday, February 18th. The Goldman Sachs Group reduced their price target on shares of Palo Alto Networks from $240.00 to $224.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Truist Financial set a $200.00 price target on shares of Palo Alto Networks and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Sanford C. Bernstein set a $209.00 price objective on shares of Palo Alto Networks and gave the stock an “outperform” rating in a report on Wednesday, February 18th. Finally, Northland Securities upped their price objective on shares of Palo Alto Networks from $177.00 to $190.00 and gave the company a “market perform” rating in a research report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $210.19.

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.