Van Hulzen Asset Management LLC Invests $7.79 Million in Palo Alto Networks, Inc. $PANW

Van Hulzen Asset Management LLC bought a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 22,856 shares of the network technology company’s stock, valued at approximately $7,794,000.

Other hedge funds have also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new stake in Palo Alto Networks during the second quarter worth approximately $25,000. Knuff & Co LLC purchased a new position in shares of Palo Alto Networks in the 4th quarter valued at $26,000. Solstein Capital LLC purchased a new position in shares of Palo Alto Networks in the 2nd quarter valued at $26,000. Sittner & Nelson LLC lifted its holdings in shares of Palo Alto Networks by 73.8% during the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 62 shares in the last quarter. Finally, N.E.W. Advisory Services LLC purchased a new stake in Palo Alto Networks during the 2nd quarter worth $27,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Activity

In other news, CAO Josh D. Paul sold 1,100 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $285.08, for a total value of $313,588.00. Following the sale, the chief accounting officer owned 81,636 shares in the company, valued at approximately $23,272,790.88. This represents a 1.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director James J. Goetz sold 20,000 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the sale, the director owned 20,000 shares in the company, valued at approximately $5,598,000. This trade represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 37,935 shares of company stock worth $10,809,461 over the last ninety days. Insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on PANW. Tigress Financial increased their price target on Palo Alto Networks from $245.00 to $430.00 and gave the company a “buy” rating in a report on Wednesday, July 15th. Citigroup restated a “market outperform” rating on shares of Palo Alto Networks in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft upped their target price on Palo Alto Networks from $220.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Benchmark raised their target price on Palo Alto Networks from $340.00 to $400.00 and gave the company a “buy” rating in a report on Monday. Finally, Jefferies Financial Group set a $335.00 price target on Palo Alto Networks and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Palo Alto Networks currently has an average rating of “Moderate Buy” and a consensus price target of $364.00.

Palo Alto Networks Price Performance

PANW stock opened at $350.90 on Tuesday. The stock’s 50 day moving average is $338.70 and its two-hundred day moving average is $243.49. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $398.88. The company has a market capitalization of $285.98 billion, a PE ratio of 287.62, a P/E/G ratio of 12.00 and a beta of 0.91. 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 (NASDAQ:PANW) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $2.94 billion. During the same period in the prior year, the business posted $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 predict that Palo Alto Networks, Inc. will post 2.02 earnings per share 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.