1,285 Shares in Palo Alto Networks, Inc. $PANW Bought by Kingsman Wealth Management Inc.

Key Points

• Kingsman Wealth Management Inc. acquired 1,285 shares of Palo Alto Networks, valued at approximately $263,000, indicating institutional interest in the company.
• Insider selling has been notable, with CEO Nikesh Arora selling 846,408 shares, showing a 75.48% decrease in ownership, amidst a broader trend where insiders sold over 1.4 million shares in three months.
• Palo Alto Networks recently reported a quarterly earnings beat with $0.95 EPS, exceeding analyst expectations, and has set FY 2026 guidance between $3.750 and $3.850 EPS.

Kingsman Wealth Management Inc. acquired a new position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 1,285 shares of the network technology company's stock, valued at approximately $263,000.

Several other institutional investors also recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Palo Alto Networks during the first quarter valued at approximately $261,000. Strive Asset Management LLC grew its holdings in Palo Alto Networks by 16.6% in the 1st quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company's stock worth $358,000 after acquiring an additional 299 shares during the last quarter. GAMMA Investing LLC grew its holdings in Palo Alto Networks by 10.8% in the 1st quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company's stock worth $2,410,000 after acquiring an additional 1,374 shares during the last quarter. Czech National Bank increased its position in shares of Palo Alto Networks by 6.4% in the second quarter. Czech National Bank now owns 161,840 shares of the network technology company's stock valued at $33,119,000 after acquiring an additional 9,766 shares during the period. Finally, Avity Investment Management Inc. raised its stake in shares of Palo Alto Networks by 37.9% during the second quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company's stock valued at $37,181,000 after acquiring an additional 49,971 shares during the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the company's stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total value of $23,081,119.14. Following the completion of the transaction, the executive vice president directly owned 177,954 shares in the company, valued at $34,008,788.94. This represents a 40.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Nikesh Arora sold 846,408 shares of the firm's stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer owned 275,013 shares in the company, valued at $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,415,030 shares of company stock valued at $279,198,494. 2.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on PANW shares. Royal Bank Of Canada reissued an "outperform" rating and set a $232.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Westpark Capital reiterated a "hold" rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. JMP Securities reaffirmed a "market outperform" rating and issued a $212.00 price target on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Morgan Stanley upped their target price on shares of Palo Alto Networks from $210.00 to $216.00 and gave the stock an "overweight" rating in a research note on Tuesday, September 2nd. Finally, Piper Sandler raised Palo Alto Networks from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $200.00 to $225.00 in a research report on Tuesday, August 12th. Twenty-nine analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $212.39.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $202.21 on Friday. The stock has a market capitalization of $135.26 billion, a price-to-earnings ratio of 125.99, a PEG ratio of 4.78 and a beta of 0.98. The stock's 50-day simple moving average is $189.45 and its two-hundred day simple moving average is $187.18. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $210.39.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. As a group, equities analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

About Palo Alto Networks

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

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