Palo Alto Networks, Inc. $PANW Shares Purchased by Stephens Inc. AR

Stephens Inc. AR raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 7.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 84,486 shares of the network technology company’s stock after purchasing an additional 5,586 shares during the period. Stephens Inc. AR’s holdings in Palo Alto Networks were worth $13,576,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Lee Danner & Bass Inc. grew its holdings in shares of Palo Alto Networks by 4.5% during the first quarter. Lee Danner & Bass Inc. now owns 15,404 shares of the network technology company’s stock worth $2,470,000 after buying an additional 670 shares in the last quarter. GM Advisory Group LLC lifted its stake in shares of Palo Alto Networks by 8.8% during the first quarter. GM Advisory Group LLC now owns 7,838 shares of the network technology company’s stock valued at $1,257,000 after buying an additional 631 shares during the period. Parrish Capital LLC boosted its position in Palo Alto Networks by 3.3% during the first quarter. Parrish Capital LLC now owns 10,485 shares of the network technology company’s stock worth $1,681,000 after acquiring an additional 331 shares during the last quarter. Cobblestone Asset Management LLC acquired a new stake in Palo Alto Networks during the first quarter worth approximately $2,261,000. Finally, Praxis Investment Management Inc. grew its stake in Palo Alto Networks by 10.3% in the 1st quarter. Praxis Investment Management Inc. now owns 21,776 shares of the network technology company’s stock worth $3,491,000 after acquiring an additional 2,030 shares during the period. 79.82% of the stock is owned by institutional investors and hedge funds.

More Palo Alto Networks News

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

• Positive Sentiment: Needham & Company raised its price target on Palo Alto Networks (PANW) to $425 from $350 and reiterated a Buy rating, implying further upside versus the current share price. Benzinga
• Positive Sentiment: BTIG and Wells Fargo both lifted price targets on Palo Alto Networks, citing stronger operating momentum and continued demand for AI-driven security solutions, helping push the stock to a record high. Palo Alto Networks stock hits record high as analysts raise price targets
• Positive Sentiment: Additional coverage highlighted PANW as one of the high-growth cybersecurity stocks to own, reinforcing the bullish sentiment around the name. Here’s Why Palo Alto (PANW) is Among the 8 High Growth Cybersecurity Stocks to Buy Now
• Neutral Sentiment: One recent article noted that while Palo Alto Networks remains a strong company, valuation may be stretched at current levels, which could temper enthusiasm for some investors. Palo Alto Networks: Great Company, But Don’t Buy At Nosebleed Prices

Palo Alto Networks Trading Down 2.9%

Palo Alto Networks stock traded down $10.27 during midday trading on Tuesday, reaching $347.26. The stock had a trading volume of 2,235,230 shares, compared to its average volume of 9,306,084. The stock’s 50-day simple moving average is $258.43 and its 200 day simple moving average is $201.50. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $368.17. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market capitalization of $283.02 billion, a PE ratio of 284.52, a price-to-earnings-growth ratio of 12.92 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm’s revenue was up 31.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.37 earnings per share. 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 year.

Insider Activity

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the transaction, the executive vice president directly owned 145,250 shares of the company’s stock, valued at $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director James J. Goetz sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the sale, the director owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. This represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 102,111 shares of company stock worth $27,204,024. Insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

PANW has been the subject of several analyst reports. Truist Financial boosted their price target on Palo Alto Networks from $275.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Barclays reaffirmed an “overweight” rating and issued a $315.00 price objective (up from $220.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Loop Capital upped their target price on Palo Alto Networks from $160.00 to $290.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. Robert W. Baird set a $320.00 target price on Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Scotiabank reissued a “sector outperform” rating and issued a $320.00 price target (up from $180.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and a consensus price target of $317.78.

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.