Palo Alto Networks, Inc. $PANW Shares Purchased by Sunbelt Securities Inc.

Sunbelt Securities Inc. boosted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 86.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,364 shares of the network technology company’s stock after acquiring an additional 4,331 shares during the period. Sunbelt Securities Inc.’s holdings in Palo Alto Networks were worth $1,501,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of PANW. Janney Montgomery Scott LLC raised its position in Palo Alto Networks by 15.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock valued at $65,796,000 after purchasing an additional 53,485 shares during the last quarter. Aviva PLC grew its position in Palo Alto Networks by 5.4% during the 4th quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock worth $104,774,000 after purchasing an additional 29,230 shares during the last quarter. B&D White Capital Company LLC purchased a new position in Palo Alto Networks during the 1st quarter worth $353,000. Granite Islands Private Wealth LLC grew its position in Palo Alto Networks by 43.6% during the 1st quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock worth $2,453,000 after purchasing an additional 4,659 shares during the last quarter. Finally, Peapack Gladstone Financial Corp increased its stake in Palo Alto Networks by 8.8% in the fourth quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock valued at $8,926,000 after purchasing an additional 3,926 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $314.15 on Thursday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a market cap of $256.03 billion, a P/E ratio of 257.50, a PEG ratio of 11.84 and a beta of 0.91. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $368.80. The company has a 50-day moving average price of $305.12 and a 200 day moving average price of $220.50.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data 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 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 quarter in the previous year, the company earned $0.37 EPS. The firm’s revenue for the quarter was up 31.1% compared to the same quarter last year. 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. Research analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on PANW. BTIG Research upped their target price on shares of Palo Alto Networks from $333.00 to $380.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Citigroup restated a “buy” rating and issued a $400.00 price target (up from $340.00) on shares of Palo Alto Networks in a research report on Monday, July 13th. Berenberg Bank upped their price objective on Palo Alto Networks from $290.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Scotiabank reaffirmed a “sector outperform” rating and set a $320.00 price objective (up from $180.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Sanford C. Bernstein lifted their target price on Palo Alto Networks from $209.00 to $253.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $331.48.

Insider Transactions at Palo Alto Networks

In related news, Director Aparna Bawa sold 290 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $348.74, for a total value of $101,134.60. Following the sale, the director directly owned 6,437 shares in the company, valued at $2,244,839.38. The trade was a 4.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total value of $1,447,800.00. Following the transaction, the executive vice president directly owned 145,250 shares in the company, valued at $42,058,590. This represents a 3.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 101,239 shares of company stock valued at $27,174,360. 1.40% of the stock is owned by company insiders.

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.