Faithward Advisors LLC Has $3.57 Million Holdings in Palo Alto Networks, Inc. $PANW

Faithward Advisors LLC increased its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 26.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 23,861 shares of the network technology company’s stock after purchasing an additional 4,995 shares during the period. Faithward Advisors LLC’s holdings in Palo Alto Networks were worth $3,570,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of PANW. Cache Advisors LLC grew its position in shares of Palo Alto Networks by 24.9% in the 1st quarter. Cache Advisors LLC now owns 25,080 shares of the network technology company’s stock valued at $4,021,000 after buying an additional 5,000 shares during the last quarter. Richards Merrill & Peterson Inc. increased its stake in shares of Palo Alto Networks by 17.7% in the first quarter. Richards Merrill & Peterson Inc. now owns 7,729 shares of the network technology company’s stock valued at $1,239,000 after buying an additional 1,163 shares during the period. Guyasuta Investment Advisors Inc. raised its position in shares of Palo Alto Networks by 1,862.1% during the first quarter. Guyasuta Investment Advisors Inc. now owns 75,618 shares of the network technology company’s stock worth $12,123,000 after acquiring an additional 71,764 shares during the last quarter. Bar Harbor Wealth Management raised its position in shares of Palo Alto Networks by 7.9% during the first quarter. Bar Harbor Wealth Management now owns 18,955 shares of the network technology company’s stock worth $3,039,000 after acquiring an additional 1,387 shares during the last quarter. Finally, Krilogy Financial LLC lifted its stake in shares of Palo Alto Networks by 150.4% in the first quarter. Krilogy Financial LLC now owns 17,104 shares of the network technology company’s stock worth $2,856,000 after acquiring an additional 10,273 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of the firm’s stock in a transaction 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 transaction, the director directly owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $285.08, for a total transaction of $313,588.00. Following the transaction, the chief accounting officer owned 81,636 shares of the company’s stock, valued at $23,272,790.88. This represents a 1.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 101,389 shares of company stock worth $26,122,830 in the last ninety days. 1.40% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

PANW has been the topic of several analyst reports. BNP Paribas Exane upped their target price on Palo Alto Networks from $220.00 to $330.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. Piper Sandler restated an “overweight” rating and issued a $345.00 price target (up from $265.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Susquehanna reaffirmed a “positive” rating and issued a $350.00 price objective (up from $200.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Northland Securities increased their price objective on shares of Palo Alto Networks from $190.00 to $302.00 and gave the stock a “market perform” rating in a research report on Wednesday, June 3rd. Finally, Wedbush increased their price objective on shares of Palo Alto Networks from $300.00 to $340.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average target price of $306.59.

Palo Alto Networks Stock Up 1.6%

Shares of NASDAQ:PANW opened at $290.92 on Wednesday. The firm has a market cap of $237.10 billion, a P/E ratio of 238.46, a PEG ratio of 10.63 and a beta of 0.94. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $302.95. The business’s 50 day simple moving average is $233.33 and its two-hundred day simple moving average is $194.05. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

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, topping 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 company had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period in the prior year, the firm earned $0.37 earnings per share. Palo Alto Networks’s revenue for the quarter was up 31.1% on a year-over-year basis. 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 forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

About Palo Alto Networks

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.