Callan Family Office LLC purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 31,927 shares of the network technology company’s stock, valued at approximately $10,888,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. N.E.W. Advisory Services LLC bought a new stake in Palo Alto Networks during the 2nd quarter worth approximately $27,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of Palo Alto Networks during the second quarter valued at $36,000. Kilter Group LLC acquired a new position in shares of Palo Alto Networks during the second quarter worth $39,000. Allied Private Wealth LLC bought a new stake in shares of Palo Alto Networks in the second quarter worth $38,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of Palo Alto Networks in the second quarter worth $25,000. Institutional investors own 79.82% of the company’s stock.
Insider Transactions at Palo Alto Networks
In related news, Director Helle Thorning-Schmidt sold 700 shares of the stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $346.85, for a total value of $242,795.00. Following the transaction, the director directly owned 5,898 shares in the company, valued at $2,045,721.30. This trade represents a 10.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Josh D. Paul sold 900 shares of Palo Alto Networks stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $345.00, for a total transaction of $310,500.00. Following the completion of the sale, the chief accounting officer directly owned 79,644 shares of the company’s stock, valued at approximately $27,477,180. The trade was a 1.12% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 37,935 shares of company stock valued at $10,809,461. Company insiders own 1.40% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Report on PANW
Palo Alto Networks Price Performance
PANW stock opened at $358.04 on Friday. The stock has a market capitalization of $291.80 billion, a PE ratio of 293.48, a price-to-earnings-growth ratio of 11.74 and a beta of 0.91. The company’s 50-day moving average is $337.38 and its 200-day moving average is $241.72. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $398.88.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating 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 business 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 posted $0.37 EPS. The firm’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 research analysts expect that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.
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.
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