2,758 Shares in Palo Alto Networks, Inc. $PANW Acquired by Visionary Wealth Advisors

Visionary Wealth Advisors acquired a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, Holdings Channel reports. The fund acquired 2,758 shares of the network technology company’s stock, valued at approximately $941,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in shares of Palo Alto Networks in the second quarter valued at approximately $25,000. Knuff & Co LLC purchased a new stake in shares of Palo Alto Networks in the fourth quarter valued at about $26,000. Solstein Capital LLC acquired a new stake in shares of Palo Alto Networks during the second quarter worth about $26,000. Sittner & Nelson LLC boosted its stake 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 worth $27,000 after buying an additional 62 shares during the period. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of Palo Alto Networks during the second quarter worth about $27,000. 79.82% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Helle Thorning-Schmidt sold 700 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total transaction of $242,795.00. Following the transaction, the director directly owned 5,898 shares of the company’s stock, valued at $2,045,721.30. This represents a 10.61% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James J. Goetz sold 20,000 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the transaction, the director owned 20,000 shares of the company’s stock, valued at $5,598,000. This represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 37,935 shares of company stock valued at $10,809,461 in the last quarter. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Performance

NASDAQ PANW opened at $350.90 on Tuesday. The stock has a market capitalization of $285.98 billion, a price-to-earnings ratio of 287.62, a PEG ratio of 12.00 and a beta of 0.91. The business’s 50 day moving average is $338.70 and its two-hundred day moving average is $243.49. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $398.88. 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 results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share 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 firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the previous year, the business earned $0.37 earnings per share. The company’s revenue for the quarter 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. Research analysts expect that Palo Alto Networks, Inc. will post 2.02 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have commented on PANW shares. Loop Capital upped their price objective on Palo Alto Networks from $160.00 to $290.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. Cantor Fitzgerald lifted their target price on Palo Alto Networks from $340.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Mizuho set a $415.00 target price on Palo Alto Networks and gave the company an “outperform” rating in a report on Wednesday, August 19th. Royal Bank Of Canada restated an “outperform” rating and set a $434.00 price target (up from $330.00) on shares of Palo Alto Networks in a research note on Friday, August 14th. Finally, Argus set a $425.00 price target on Palo Alto Networks in a report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus target price of $364.00.

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.