Fund Advisors of America Inc FL Acquires Shares of 1,597 Palo Alto Networks, Inc. $PANW

Fund Advisors of America Inc FL acquired a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 1,597 shares of the network technology company’s stock, valued at approximately $545,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Darwin Wealth Management LLC purchased a new stake in Palo Alto Networks during the 2nd quarter worth $25,000. Knuff & Co LLC purchased a new position in Palo Alto Networks in the 4th quarter valued at about $26,000. Sittner & Nelson LLC boosted its position in Palo Alto Networks by 73.8% in the 4th 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 during the last quarter. N.E.W. Advisory Services LLC acquired a new stake in shares of Palo Alto Networks during the second quarter valued at about $27,000. Finally, Luken Investment Analytics LLC grew its stake in shares of Palo Alto Networks by 196.2% during the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after acquiring an additional 102 shares in the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Palo Alto Networks Stock Up 2.4%

NASDAQ:PANW opened at $358.04 on Friday. The company has a market capitalization of $291.80 billion, a price-to-earnings ratio of 293.48, a price-to-earnings-growth ratio of 11.74 and a beta of 0.91. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $398.88. The stock has a 50-day simple moving average of $337.38 and a 200 day simple moving average of $241.72. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share 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 firm had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same period in the previous year, the company earned $0.37 earnings per share. Palo Alto Networks’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 predict that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director James J. Goetz sold 20,000 shares of the firm’s stock in a transaction on 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 transaction, the director directly owned 20,000 shares in the company, valued at $5,598,000. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Helle Thorning-Schmidt sold 700 shares of Palo Alto Networks stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $346.85, for a total transaction of $242,795.00. Following the completion of the transaction, the director directly owned 5,898 shares of the company’s stock, valued at approximately $2,045,721.30. This represents a 10.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 37,935 shares of company stock worth $10,809,461. Corporate insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

PANW has been the topic of several recent analyst reports. HSBC boosted their price target on Palo Alto Networks from $114.00 to $207.00 in a research note on Thursday, June 4th. Piper Sandler restated an “overweight” rating and set a $345.00 price objective (up from $265.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Scotiabank restated a “sector outperform” rating and set a $320.00 price objective (up from $180.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Oppenheimer reaffirmed an “outperform” rating and issued a $400.00 target price (up from $350.00) on shares of Palo Alto Networks in a research report on Tuesday, August 4th. Finally, Tigress Financial increased their target price on Palo Alto Networks from $245.00 to $430.00 and gave the company a “buy” rating in a research note on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Palo Alto Networks currently has an average rating of “Moderate Buy” and an average price target of $362.67.

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.