2,733 Shares in Palo Alto Networks, Inc. $PANW Acquired by Cura Wealth Advisors LLC

Key Points

• Cura Wealth Advisors acquired 2,733 shares of Palo Alto Networks worth approximately $932,000, while institutional investors collectively own 79.82% of the company.
• Palo Alto Networks reported quarterly earnings of $0.85 per share, exceeding estimates of $0.79, while revenue rose 31.1% year over year to $3 billion.
• Analysts maintain a broadly positive outlook, with a “Moderate Buy” consensus and an average price target of $339.61; however, insiders sold more than 101,000 shares worth $27.2 million over the past three months.

Cura Wealth Advisors LLC acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,733 shares of the network technology company's stock, valued at approximately $932,000.

Several other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Palo Alto Networks by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company's stock worth $12,512,533,000 after buying an additional 2,659,100 shares during the last quarter. State Street Corp boosted its stake in Palo Alto Networks by 2.0% in the fourth quarter. State Street Corp now owns 30,331,705 shares of the network technology company's stock valued at $5,587,100,000 after buying an additional 594,789 shares in the last quarter. Bank of America Corp DE grew its position in Palo Alto Networks by 16.0% in the first quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company's stock valued at $3,603,473,000 after acquiring an additional 3,101,267 shares during the last quarter. Geode Capital Management LLC grew its position in Palo Alto Networks by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company's stock valued at $2,934,935,000 after acquiring an additional 540,756 shares during the last quarter. Finally, Norges Bank acquired a new position in Palo Alto Networks during the fourth quarter worth about $1,415,364,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Palo Alto Networks Price Performance

PANW stock opened at $384.27 on Monday. The company has a market capitalization of $313.18 billion, a P/E ratio of 314.98, a PEG ratio of 12.89 and a beta of 0.91. The company has a fifty day moving average price of $328.02 and a 200-day moving average price of $235.70. 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, Inc. has a 52-week low of $139.57 and a 52-week high of $398.88.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion for the quarter, compared to analysts' expectations of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. Palo Alto Networks's revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter 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. As a group, equities analysts expect that Palo Alto Networks, Inc. will post 2.02 EPS for the current year.

Insider Activity

In other Palo Alto Networks news, Director John P. Key sold 7,500 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the completion of the sale, the director owned 12,500 shares of the company's stock, valued at approximately $3,490,500. This represents a 37.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Lee Klarich sold 62,904 shares of the firm's stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the transaction, the executive vice president owned 235,983 shares of the company's stock, valued at approximately $61,037,002.95. The trade was a 21.05% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 101,239 shares of company stock worth $27,174,360. 1.40% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. Citizens Jmp raised their price target on shares of Palo Alto Networks from $320.00 to $415.00 and gave the company a "market outperform" rating in a research note on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Palo Alto Networks from $220.00 to $350.00 and gave the stock a "buy" rating in a research report on Wednesday, June 3rd. DA Davidson increased their price objective on shares of Palo Alto Networks from $190.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, June 3rd. BTIG Research increased their price target on Palo Alto Networks from $333.00 to $380.00 and gave the company a "buy" rating in a research note on Tuesday, June 30th. Finally, BMO Capital Markets raised their price objective on Palo Alto Networks from $270.00 to $335.00 and gave the company an "outperform" rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Palo Alto Networks has an average rating of "Moderate Buy" and an average price target of $339.61.

About Palo Alto Networks

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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