3,332 Shares in Palo Alto Networks, Inc. $PANW Acquired by First Nebraska Trust Co

Key Points

• First Nebraska Trust Co. acquired 3,332 shares of Palo Alto Networks in the first quarter, worth approximately $534,000. Institutional investors collectively own 79.82% of the company.
• Palo Alto Networks reported quarterly EPS of $0.85, exceeding estimates of $0.79, while revenue reached $3 billion and rose 31.1% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $331.48.
• Company insiders sold 101,239 shares worth approximately $27.2 million during the last quarter, including significant sales by EVP Dipak Golechha and Director James J. Goetz.

First Nebraska Trust Co acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) in the first quarter, according to its most recent filing with the SEC. The fund acquired 3,332 shares of the network technology company's stock, valued at approximately $534,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Darwin Wealth Management LLC purchased a new stake in shares of Palo Alto Networks during the second quarter worth $25,000. Knuff & Co LLC purchased a new position in shares of Palo Alto Networks in the fourth quarter valued at $26,000. Steph & Co. grew its position in shares of Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company's stock valued at $26,000 after purchasing an additional 67 shares in the last quarter. Sittner & Nelson LLC raised its stake in shares of Palo Alto Networks by 73.8% during the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company's stock valued at $27,000 after purchasing an additional 62 shares during the period. Finally, WHI TRUST Co LLC bought a new stake in shares of Palo Alto Networks during the 4th quarter valued at $28,000. Institutional investors own 79.82% of the company's stock.

Palo Alto Networks Price Performance

NASDAQ:PANW opened at $331.83 on Monday. The firm has a market capitalization of $270.44 billion, a price-to-earnings ratio of 271.99, a P/E/G ratio of 12.32 and a beta of 0.91. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $368.80. The stock has a fifty day moving average of $308.00 and a 200 day moving average of $222.47. 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 posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion during the quarter, compared to analysts' expectations of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm's revenue was up 31.1% on a year-over-year basis. During the same period in the previous year, the business earned $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. On average, research analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on PANW shares. William Blair reissued an "outperform" rating on shares of Palo Alto Networks in a report on Tuesday, June 16th. Barclays reaffirmed an "overweight" rating and set a $315.00 target price (up from $220.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Scotiabank reiterated a "sector outperform" rating and set a $320.00 price target (up from $180.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Robert W. Baird set a $320.00 price target on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, FBN Securities restated an "outperform" rating on shares of Palo Alto Networks in a research report on Wednesday, July 1st. One equities research 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. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $331.48.

Insider Activity

In related news, EVP Dipak Golechha sold 5,000 shares of the firm's stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the sale, the executive vice president directly owned 145,250 shares of the company's stock, valued at $42,058,590. This trade represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction that occurred on 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 sale, the director owned 20,000 shares of the company's stock, valued at approximately $5,598,000. The trade was a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 101,239 shares of company stock worth $27,174,360. Company 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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