Requisite Capital Management LLC Buys Shares of 1,580 Palo Alto Networks, Inc. $PANW

Requisite Capital Management LLC bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,580 shares of the network technology company’s stock, valued at approximately $539,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Janney Montgomery Scott LLC boosted its holdings in shares of Palo Alto Networks by 15.0% during the first quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock worth $65,796,000 after purchasing an additional 53,485 shares during the period. Aviva PLC lifted its position in Palo Alto Networks by 5.4% in the 4th quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock worth $104,774,000 after buying an additional 29,230 shares in the last quarter. B&D White Capital Company LLC acquired a new stake in shares of Palo Alto Networks during the 1st quarter valued at $353,000. Bridgewater Advisors Inc. acquired a new stake in shares of Palo Alto Networks during the 2nd quarter valued at $2,159,000. Finally, Granite Islands Private Wealth LLC grew its holdings in shares of 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 valued at $2,453,000 after acquiring an additional 4,659 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Stock Down 2.2%

PANW stock opened at $375.76 on Tuesday. The firm has a market cap of $306.24 billion, a PE ratio of 308.00, a PEG ratio of 12.89 and a beta of 0.91. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $398.88. The company has a fifty day simple moving average of $330.20 and a 200 day simple moving average of $237.05. 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 earnings results 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. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The firm 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 business posted $0.37 earnings per share. The business’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. Sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Insider Activity at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the transaction, the executive vice president owned 145,250 shares of the company’s stock, valued at approximately $42,058,590. This represents a 3.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Josh D. Paul sold 900 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $345.00, for a total value of $310,500.00. Following the completion of the transaction, the chief accounting officer directly owned 79,644 shares in the company, valued at $27,477,180. The trade was a 1.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 101,239 shares of company stock worth $27,174,360 in the last 90 days. Insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on PANW shares. HSBC upped their price target on shares of Palo Alto Networks from $114.00 to $207.00 in a research note on Thursday, June 4th. TD Cowen boosted their target price on Palo Alto Networks from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Monday. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $434.00 target price (up from $330.00) on shares of Palo Alto Networks in a research report on Friday. Weiss Ratings downgraded Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Finally, UBS Group set a $300.00 price target on Palo Alto Networks and gave the company a “neutral” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $342.61.

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.