Global Financial Private Client LLC Raises Stake in Palo Alto Networks, Inc. $PANW

Global Financial Private Client LLC lifted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 38.6% during the first quarter, HoldingsChannel reports. The firm owned 7,925 shares of the network technology company’s stock after purchasing an additional 2,209 shares during the period. Global Financial Private Client LLC’s holdings in Palo Alto Networks were worth $1,271,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in PANW. Darwin Wealth Management LLC purchased a new stake in Palo Alto Networks in the 2nd quarter valued at about $25,000. Steph & Co. raised its stake 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 valued at $26,000 after acquiring an additional 67 shares in the last quarter. Knuff & Co LLC purchased a new stake in shares of Palo Alto Networks in the fourth quarter valued at approximately $26,000. Sittner & Nelson LLC boosted its holdings 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 purchasing an additional 62 shares during the period. Finally, Luken Investment Analytics LLC grew its stake in Palo Alto Networks by 196.2% in the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after purchasing an additional 102 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Analyst Ratings Changes

PANW has been the subject of a number of research analyst reports. Mizuho lifted their target price on Palo Alto Networks from $265.00 to $305.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Wells Fargo & Company reissued an “overweight” rating and set a $325.00 price target (up from $285.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Stephens raised their price target on Palo Alto Networks from $180.00 to $300.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 3rd. Truist Financial lifted their price objective on Palo Alto Networks from $275.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Finally, Weiss Ratings lowered shares of Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $306.59.

Palo Alto Networks Trading Down 1.9%

Shares of NASDAQ:PANW opened at $285.26 on Thursday. The company has a market capitalization of $232.49 billion, a PE ratio of 233.82, a P/E/G ratio of 10.80 and a beta of 0.94. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $302.95. The business’s fifty day simple moving average is $235.79 and its 200-day simple moving average is $194.68.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping 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 firm 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 firm’s quarterly 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. As a group, equities research analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Buying and Selling at Palo Alto Networks

In other news, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks 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 owned 81,636 shares of the company’s stock, valued at $23,272,790.88. The trade was a 1.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John P. Key sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the transaction, the director owned 12,500 shares of the company’s stock, valued at approximately $3,490,500. This trade represents a 37.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 106,389 shares of company stock valued at $27,570,630. 1.40% of the stock is currently owned by corporate insiders.

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.