21,871 Shares in Palo Alto Networks, Inc. $PANW Acquired by LM Advisors LLC

Key Points

• LM Advisors LLC acquired 21,871 Palo Alto Networks shares worth approximately $7.43 million in the second quarter, making PANW its 23rd-largest holding. Institutional investors collectively own 79.82% of the company.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $362.67, although Guggenheim downgraded the stock to “Reduce.” Recent price targets range as high as $475.
• Palo Alto Networks reported quarterly adjusted EPS of $0.85 and revenue of $3 billion, exceeding estimates; revenue rose 31.1% year over year. The stock opened at $358.04, near its 52-week high of $398.88, while insiders sold $10.8 million of shares over the past quarter.

LM Advisors LLC acquired a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 21,871 shares of the network technology company's stock, valued at approximately $7,431,000. Palo Alto Networks makes up 0.9% of LM Advisors LLC's investment portfolio, making the stock its 23rd largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC bought a new stake in shares of Palo Alto Networks during the 2nd quarter worth $27,000. Comprehensive Financial Planning Inc. PA acquired a new stake in Palo Alto Networks in the second quarter valued at about $36,000. Kilter Group LLC bought a new position in Palo Alto Networks in the second quarter valued at about $39,000. Allied Private Wealth LLC bought a new position in Palo Alto Networks in the second quarter valued at about $38,000. Finally, Darwin Wealth Management LLC acquired a new position in Palo Alto Networks during the second quarter worth about $25,000. 79.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Guggenheim downgraded shares of Palo Alto Networks from a "neutral" rating to a "reduce" rating in a research note on Wednesday, May 27th. Cantor Fitzgerald upped their price objective on shares of Palo Alto Networks from $340.00 to $425.00 and gave the stock an "overweight" rating in a research report on Wednesday. New Street Research set a $415.00 target price on shares of Palo Alto Networks in a research note on Tuesday. Wells Fargo & Company reiterated an "overweight" rating and set a $475.00 price target (up from $420.00) on shares of Palo Alto Networks in a report on Monday, August 17th. Finally, Tigress Financial raised their price objective on Palo Alto Networks from $245.00 to $430.00 and gave the company a "buy" rating in a report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $362.67.

Palo Alto Networks Price Performance

Shares of PANW opened at $358.04 on Friday. The firm has a market cap of $291.80 billion, a PE ratio of 293.48, a price-to-earnings-growth ratio of 12.02 and a beta of 0.91. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $398.88. The business's 50 day moving average price is $337.38 and its two-hundred day moving average price is $241.72. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

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 the consensus estimate 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 company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period last year, the business posted $0.37 EPS. The firm'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. On average, equities analysts anticipate that Palo Alto Networks, Inc. will post 2.02 EPS for the current year.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, Director Helle Thorning-Schmidt sold 700 shares of the company's stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total value of $242,795.00. Following the completion of the sale, the director directly owned 5,898 shares of the company's stock, valued at approximately $2,045,721.30. This represents a 10.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the sale, the executive vice president owned 145,250 shares of the company's stock, valued at approximately $42,058,590. This trade represents a 3.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 37,935 shares of company stock valued at $10,809,461. Corporate insiders own 1.40% of the company's stock.

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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