Venture Visionary Partners LLC lifted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 12.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,876 shares of the network technology company’s stock after acquiring an additional 6,070 shares during the quarter. Venture Visionary Partners LLC’s holdings in Palo Alto Networks were worth $9,981,000 at the end of the most recent reporting period.
A number of other large investors have also bought and sold shares of the business. Darwin Wealth Management LLC bought a new position in Palo Alto Networks in the 2nd quarter valued at $25,000. Knuff & Co LLC bought a new stake in shares of Palo Alto Networks during the fourth quarter worth $26,000. Steph & Co. grew its holdings in shares of Palo Alto Networks by 88.2% during the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after purchasing an additional 67 shares during the last quarter. Sittner & Nelson LLC increased its stake in shares of 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 in the last quarter. Finally, Winch Advisory Services LLC raised its holdings in shares of Palo Alto Networks by 96.1% in 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 during the last quarter. 79.82% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several research analysts recently issued reports on the stock. Oppenheimer upped their price target on shares of Palo Alto Networks from $275.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Susquehanna restated a “positive” rating and issued a $350.00 price objective (up from $200.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Loop Capital boosted their target price on shares of Palo Alto Networks from $160.00 to $290.00 and gave the stock a “hold” rating in a research note on Wednesday, June 3rd. Argus increased their price target on shares of Palo Alto Networks from $222.00 to $320.00 in a research note on Friday, June 5th. Finally, Wolfe Research reissued an “outperform” rating and issued a $320.00 price target on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average price target of $306.59.
Insiders Place Their Bets
In other Palo Alto Networks news, CAO Josh D. Paul sold 1,100 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $285.08, for a total value of $313,588.00. Following the transaction, the chief accounting officer directly owned 81,636 shares of the company’s stock, valued at approximately $23,272,790.88. This trade represents a 1.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John P. Key sold 7,500 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the sale, the director directly owned 12,500 shares of the company’s stock, valued at $3,490,500. This represents a 37.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 81,044 shares of company stock valued at $20,424,722 over the last three months. 1.40% of the stock is owned by insiders.
Palo Alto Networks Stock Performance
Shares of NASDAQ:PANW opened at $279.62 on Monday. The stock has a market capitalization of $227.89 billion, a P/E ratio of 229.20, a P/E/G ratio of 10.38 and a beta of 0.94. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $302.95. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average price of $216.44 and a two-hundred day moving average price of $189.26.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) 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 company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the prior year, the company posted $0.37 EPS. The company’s revenue 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. Equities analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.
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.
Featured Articles
- Five stocks we like better than Palo Alto Networks
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Receive News & Ratings for Palo Alto Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palo Alto Networks and related companies with MarketBeat.com's FREE daily email newsletter.
