S&CO Inc. Purchases 3,579 Shares of Palo Alto Networks, Inc. $PANW

S&CO Inc. raised its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 4.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 86,925 shares of the network technology company’s stock after buying an additional 3,579 shares during the period. Palo Alto Networks accounts for about 0.9% of S&CO Inc.’s investment portfolio, making the stock its 28th biggest holding. S&CO Inc.’s holdings in Palo Alto Networks were worth $13,935,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of PANW. Darwin Wealth Management LLC bought a new position in shares of Palo Alto Networks during the 2nd quarter worth approximately $25,000. Knuff & Co LLC purchased a new stake in Palo Alto Networks during the fourth quarter valued at approximately $26,000. Steph & Co. boosted its stake in Palo Alto Networks by 88.2% in 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. Sittner & Nelson LLC boosted its stake in 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 acquiring an additional 62 shares in the last quarter. Finally, WHI TRUST Co LLC purchased a new position in Palo Alto Networks in the fourth quarter worth $28,000. 79.82% of the stock is currently owned by institutional investors.

Palo Alto Networks Trading Up 1.3%

NASDAQ PANW opened at $358.68 on Friday. The company has a fifty day simple moving average of $290.04 and a two-hundred day simple moving average of $212.30. The stock has a market cap of $292.32 billion, a P/E ratio of 294.00, a P/E/G ratio of 13.32 and a beta of 0.91. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $368.80. 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 (NASDAQ:PANW) last posted its quarterly earnings data 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 business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same period in the previous 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. On average, analysts forecast that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Insider Buying and Selling

In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction dated 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 completion of the sale, the director owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. The trade was a 50.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the sale, the executive vice president owned 145,250 shares in the company, valued at approximately $42,058,590. The trade was a 3.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 101,239 shares of company stock worth $27,174,360 over the last three months. Corporate insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PANW. Loop Capital upped their price target on Palo Alto Networks from $160.00 to $290.00 and gave the stock a “hold” rating in a research report on Wednesday, June 3rd. Northland Securities raised their price objective on Palo Alto Networks from $190.00 to $302.00 and gave the stock a “market perform” rating in a research report on Wednesday, June 3rd. Arete Research boosted their target price on Palo Alto Networks from $185.00 to $433.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. BNP Paribas Exane upped their target price on Palo Alto Networks from $330.00 to $380.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Finally, Wedbush increased their price target on Palo Alto Networks from $300.00 to $340.00 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 given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $327.74.

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.