WealthShield Partners LLC bought a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 15,673 shares of the network technology company’s stock, valued at approximately $5,345,000. Palo Alto Networks comprises 0.8% of WealthShield Partners LLC’s investment portfolio, making the stock its 28th largest position.
A number of other large investors have also recently added to or reduced their stakes in the business. Darwin Wealth Management LLC acquired a new stake in shares of Palo Alto Networks during the 2nd quarter valued at $25,000. Knuff & Co LLC acquired a new stake in shares of Palo Alto Networks during the fourth quarter worth $26,000. Sittner & Nelson LLC lifted its holdings in shares of Palo Alto Networks by 73.8% during 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 last quarter. N.E.W. Advisory Services LLC purchased a new stake in shares of Palo Alto Networks during the second quarter valued at $27,000. Finally, Luken Investment Analytics LLC boosted its position in shares of Palo Alto Networks by 196.2% in the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after purchasing an additional 102 shares during the period. 79.82% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
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 transaction of $242,795.00. Following the completion of the sale, the director directly owned 5,898 shares in the company, valued at approximately $2,045,721.30. This trade represents a 10.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James J. Goetz sold 20,000 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.90, for a total value of $5,598,000.00. Following the completion of the transaction, the director owned 20,000 shares in the company, valued at $5,598,000. This trade represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 37,935 shares of company stock valued at $10,809,461 in the last three months. Company insiders own 1.40% of the company’s stock.
Analysts Set New Price Targets
Check Out Our Latest Analysis on PANW
Palo Alto Networks Price Performance
Shares of PANW opened at $358.04 on Friday. The business’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. The company has a market capitalization of $291.80 billion, a price-to-earnings ratio of 293.48, a P/E/G ratio of 12.02 and a beta of 0.91. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $398.88.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $3 billion for 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 firm’s revenue was up 31.1% on a year-over-year basis. 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. Equities research analysts expect that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.
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.
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