Prevail Innovative Wealth Advisors LLC Boosts Stock Position in Palo Alto Networks, Inc. $PANW

Prevail Innovative Wealth Advisors LLC boosted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 229.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,137 shares of the network technology company’s stock after buying an additional 14,718 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in Palo Alto Networks were worth $4,304,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new position in shares of Palo Alto Networks during the second quarter valued at $25,000. Howard Hughes Medical Institute bought a new position in Palo Alto Networks in the 2nd quarter worth about $29,000. Winch Advisory Services LLC boosted its stake in Palo Alto Networks by 96.1% in the 3rd quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock worth $30,000 after purchasing an additional 73 shares in the last quarter. MTM Investment Management LLC purchased a new stake in Palo Alto Networks during the 2nd quarter valued at about $31,000. Finally, Caitlin John LLC purchased a new stake in Palo Alto Networks during the 3rd quarter valued at about $31,000. 79.82% of the stock is owned by institutional investors.

Palo Alto Networks Trading Up 1.2%

Shares of PANW opened at $165.05 on Friday. The firm has a fifty day simple moving average of $171.66 and a two-hundred day simple moving average of $190.15. The firm has a market cap of $134.68 billion, a PE ratio of 91.19, a P/E/G ratio of 5.96 and a beta of 0.78. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The firm had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.58 billion. During the same period last year, the business posted $0.81 EPS. The company’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. As a group, research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, 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 value of $147,848.00. Following the transaction, the chief accounting officer directly owned 46,005 shares of the company’s stock, valued at approximately $8,502,184.05. This trade represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Lee Klarich sold 120,768 shares of the company’s stock in a transaction dated Thursday, January 8th. The shares were sold at an average price of $191.03, for a total transaction of $23,070,311.04. Following the sale, the executive vice president directly owned 298,887 shares of the company’s stock, valued at $57,096,383.61. The trade was a 28.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 139,068 shares of company stock worth $26,600,684 in the last ninety days. Insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have issued reports on PANW shares. UBS Group set a $183.00 target price on shares of Palo Alto Networks in a report on Thursday, February 19th. Oppenheimer reiterated an “outperform” rating and set a $245.00 price target on shares of Palo Alto Networks in a report on Thursday, November 20th. Truist Financial set a $200.00 price target on shares of Palo Alto Networks and gave the company a “buy” rating in a research report on Tuesday, February 17th. Daiwa Securities Group decreased their price objective on shares of Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Palo Alto Networks in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average target price 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.