Foundations Investment Advisors LLC Boosts Holdings in Palo Alto Networks, Inc. $PANW

Foundations Investment Advisors LLC lifted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 16.2% in the fourth quarter, Holdings Channel reports. The firm owned 97,129 shares of the network technology company’s stock after buying an additional 13,526 shares during the period. Foundations Investment Advisors LLC’s holdings in Palo Alto Networks were worth $17,891,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Baker Avenue Asset Management LP grew its stake in shares of Palo Alto Networks by 2.5% during the fourth quarter. Baker Avenue Asset Management LP now owns 30,415 shares of the network technology company’s stock worth $5,602,000 after acquiring an additional 751 shares during the last quarter. IFG Advisory LLC grew its position in Palo Alto Networks by 5.6% during the 4th quarter. IFG Advisory LLC now owns 1,789 shares of the network technology company’s stock worth $330,000 after purchasing an additional 95 shares during the period. Thoroughbred Financial Services LLC raised its stake in shares of Palo Alto Networks by 1.6% during the 4th quarter. Thoroughbred Financial Services LLC now owns 6,757 shares of the network technology company’s stock valued at $1,244,000 after buying an additional 107 shares during the last quarter. MidAtlantic Capital Management Inc. purchased a new position in shares of Palo Alto Networks during the 4th quarter valued at about $35,000. Finally, Murphy & Mullick Capital Management Corp raised its stake in shares of Palo Alto Networks by 1.8% during the 4th quarter. Murphy & Mullick Capital Management Corp now owns 3,735 shares of the network technology company’s stock valued at $688,000 after buying an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Down 3.2%

Shares of PANW opened at $248.47 on Thursday. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $261.41. The firm’s fifty day moving average is $188.56 and its two-hundred day moving average is $182.95. The stock has a market cap of $202.75 billion, a PE ratio of 137.28, a price-to-earnings-growth ratio of 9.26 and a beta of 0.77.

Key Stories Impacting Palo Alto Networks

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Benchmark raised its price target on Palo Alto Networks to $270 from $200 and kept a Buy rating, reinforcing the view that the stock still has meaningful upside. Benchmark price target increase
• Positive Sentiment: Wedbush also lifted its target sharply, to $300 from $225, while reiterating an Outperform rating, signaling continued confidence in Palo Alto Networks’ growth outlook. Wedbush price target increase
• Positive Sentiment: Wells Fargo reiterated a Buy rating with a $285 target, and earlier coverage from other firms also pointed to higher targets, adding to the bullish analyst momentum around PANW. Wells Fargo reiterates Buy
• Neutral Sentiment: Media coverage continues to frame Palo Alto Networks as a potential beneficiary of AI-driven cybersecurity demand, which supports the long-term investment story but is not an immediate catalyst. AI security supercycle article
• Negative Sentiment: Shares have also faced some sector-wide selling after weak guidance from a peer, Zscaler, which dragged on sentiment across cybersecurity stocks. Cybersecurity gloom article
• Negative Sentiment: EVP Lee Klarich sold 62,904 shares at an average price of $258.65, a transaction investors may view cautiously, although the executive still retains a sizable stake. Insider sale filing

Analyst Ratings Changes

A number of equities analysts have weighed in on PANW shares. Royal Bank Of Canada lifted their price objective on Palo Alto Networks from $220.00 to $255.00 and gave the company an “outperform” rating in a research note on Friday, May 15th. Susquehanna decreased their price target on Palo Alto Networks from $230.00 to $200.00 and set a “positive” rating for the company in a report on Wednesday, February 18th. TD Cowen reissued a “buy” rating on shares of Palo Alto Networks in a report on Wednesday, February 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Palo Alto Networks in a report on Friday, May 22nd. Finally, JPMorgan Chase & Co. decreased their price target on Palo Alto Networks from $225.00 to $200.00 and set an “overweight” rating for the company in a report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $234.28.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, CAO Josh D. Paul sold 400 shares of Palo Alto Networks stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $236.95, for a total transaction of $94,780.00. Following the sale, the chief accounting officer owned 82,736 shares of the company’s stock, valued at $19,604,295.20. The trade was a 0.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the sale, the executive vice president directly owned 235,983 shares in the company, valued at approximately $61,037,002.95. This trade represents a 21.05% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 93,660 shares of company stock worth $21,346,475 over the last 90 days. Corporate 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.