Palo Alto Networks, Inc. $PANW Shares Purchased by Cache Advisors LLC

Cache Advisors LLC raised its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 24.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,080 shares of the network technology company’s stock after acquiring an additional 5,000 shares during the period. Palo Alto Networks makes up 0.5% of Cache Advisors LLC’s portfolio, making the stock its 17th biggest position. Cache Advisors LLC’s holdings in Palo Alto Networks were worth $4,021,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in shares of Palo Alto Networks in the 2nd quarter valued at about $25,000. Knuff & Co LLC acquired a new stake in Palo Alto Networks during the 4th quarter worth approximately $26,000. Steph & Co. raised its holdings in Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after buying an additional 67 shares during the period. Sittner & Nelson LLC raised its holdings in 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 buying an additional 62 shares during the period. Finally, Winch Advisory Services LLC lifted its position in Palo Alto Networks by 96.1% during the third quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after buying an additional 73 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Palo Alto Networks Trading Up 1.6%

PANW opened at $290.92 on Wednesday. The firm has a market capitalization of $237.10 billion, a P/E ratio of 238.46, a P/E/G ratio of 10.63 and a beta of 0.94. The firm’s 50 day moving average is $233.33 and its 200-day moving average is $194.05. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same period last year, the business earned $0.37 EPS. The business’s revenue 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. Analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total value of $802,100.00. Following the transaction, the executive vice president owned 150,250 shares in the company, valued at approximately $24,103,105. The trade was a 3.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Lee Klarich sold 62,904 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the transaction, the executive vice president directly owned 235,983 shares of the company’s stock, valued at $61,037,002.95. This represents a 21.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 101,389 shares of company stock worth $26,122,830 over the last quarter. Company insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on PANW. Sanford C. Bernstein boosted their price objective on shares of Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Rosenblatt Securities raised their target price on shares of Palo Alto Networks from $275.00 to $355.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Wells Fargo & Company restated an “overweight” rating and set a $325.00 target price (up from $285.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Citigroup reaffirmed a “market outperform” rating on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, BTIG Research increased their price target on Palo Alto Networks from $268.00 to $333.00 and gave the company a “buy” rating in a 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 given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Palo Alto Networks presently has an average rating of “Moderate Buy” and a consensus price target of $306.59.

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.