1,336 Shares in Palo Alto Networks, Inc. $PANW Purchased by Retireful LLC

Key Points

• Retireful LLC has acquired a new position in Palo Alto Networks, Inc. by purchasing 1,336 shares valued at approximately $273,000 during the second quarter.
• Bank of America upgraded Palo Alto Networks from a "neutral" rating to a "buy" rating with a price target of $215.00, while the stock has a consensus rating of "Moderate Buy" among analysts.
• Insider trading saw notable activity, including Nir Zuk selling 100,000 shares for around $17.28 million, representing a decrease in ownership by 3.08%.

Retireful LLC acquired a new position in shares of 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 institutional investor acquired 1,336 shares of the network technology company's stock, valued at approximately $273,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of PANW. HWG Holdings LP acquired a new stake in Palo Alto Networks during the first quarter worth about $31,000. Dagco Inc. acquired a new stake in Palo Alto Networks during the first quarter worth about $33,000. WPG Advisers LLC acquired a new stake in shares of Palo Alto Networks in the first quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL increased its stake in shares of Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company's stock valued at $38,000 after purchasing an additional 83 shares during the period. Finally, Stonebridge Financial Group LLC increased its stake in shares of Palo Alto Networks by 46.8% in the first quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company's stock valued at $40,000 after purchasing an additional 74 shares during the period. Institutional investors and hedge funds own 79.82% of the company's stock.

Analyst Upgrades and Downgrades

PANW has been the topic of several analyst reports. Bank of America upgraded shares of Palo Alto Networks from a "neutral" rating to a "buy" rating and set a $215.00 price target on the stock in a research note on Tuesday, August 19th. KeyCorp lowered shares of Palo Alto Networks from an "overweight" rating to a "sector weight" rating in a research note on Thursday, July 31st. Morgan Stanley raised their price target on shares of Palo Alto Networks from $210.00 to $216.00 and gave the company an "overweight" rating in a research note on Tuesday, September 2nd. Scotiabank raised their price target on shares of Palo Alto Networks from $225.00 to $228.00 and gave the company a "sector outperform" rating in a research note on Tuesday, August 19th. Finally, Wedbush restated an "outperform" rating and issued a $225.00 price target on shares of Palo Alto Networks in a research note on Monday, September 15th. Twenty-nine equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $212.39.

Insider Activity

In related news, EVP Nir Zuk sold 100,000 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the sale, the executive vice president directly owned 3,143,516 shares in the company, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the sale, the executive vice president owned 96,135 shares of the company's stock, valued at $19,629,805.65. The trade was a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,415,030 shares of company stock valued at $279,198,494 in the last ninety days. 2.50% of the stock is owned by company insiders.

Palo Alto Networks Price Performance

NASDAQ PANW opened at $200.70 on Thursday. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $210.39. The firm has a market capitalization of $134.25 billion, a PE ratio of 125.05, a P/E/G ratio of 4.84 and a beta of 0.98. The company's 50 day simple moving average is $189.33 and its 200 day simple moving average is $186.99.

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

Palo Alto Networks Profile

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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