Advisors Management Group Inc. ADV Acquires 7,112 Shares of Palo Alto Networks, Inc. $PANW

Key Points

• Advisors Management Group Inc. ADV increased its stake in Palo Alto Networks, Inc. by 65.3%, acquiring an additional 7,112 shares, bringing its total holdings to 18,000 shares valued at approximately $3.68 million.
• Palo Alto Networks reported earnings of $0.95 EPS for the last quarter, exceeding analysts' estimates, and achieved revenue growth of 15.8% year-over-year.
• Over 79.82% of Palo Alto Networks' stock is owned by institutional investors, with multiple hedge funds adjusting their positions during the second quarter.

Advisors Management Group Inc. ADV lifted its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 65.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,000 shares of the network technology company's stock after purchasing an additional 7,112 shares during the period. Advisors Management Group Inc. ADV's holdings in Palo Alto Networks were worth $3,684,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. ORG Partners LLC raised its stake in shares of Palo Alto Networks by 55.6% during the 2nd quarter. ORG Partners LLC now owns 3,364 shares of the network technology company's stock worth $665,000 after purchasing an additional 1,202 shares during the period. Gradient Capital Advisors LLC raised its stake in shares of Palo Alto Networks by 4.3% during the 2nd quarter. Gradient Capital Advisors LLC now owns 1,377 shares of the network technology company's stock worth $282,000 after purchasing an additional 57 shares during the period. Vestia Personal Wealth Advisors bought a new stake in shares of Palo Alto Networks during the 2nd quarter worth $219,000. Ipswich Investment Management Co. Inc. raised its stake in shares of Palo Alto Networks by 5.6% during the 2nd quarter. Ipswich Investment Management Co. Inc. now owns 32,335 shares of the network technology company's stock worth $6,617,000 after purchasing an additional 1,726 shares during the period. Finally, Patton Fund Management Inc. bought a new stake in shares of Palo Alto Networks during the 2nd quarter worth $252,000. 79.82% of the stock is currently owned by institutional investors.

Palo Alto Networks Stock Performance

PANW opened at $202.37 on Friday. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $210.39. The stock has a market capitalization of $135.37 billion, a PE ratio of 126.09, a price-to-earnings-growth ratio of 4.81 and a beta of 0.98. The stock's 50 day moving average price is $189.58 and its 200-day moving average price is $187.34.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to analysts' expectations of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business's revenue was up 15.8% compared to the same quarter last year. During the same period in the previous year, the firm 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. Research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Transactions at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $184.20, for a total transaction of $128,940.00. Following the sale, the chief accounting officer directly owned 37,723 shares of the company's stock, valued at $6,948,576.60. This trade represents a 1.82% decrease in their ownership of the stock. The transaction 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 stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total value of $1,020,950.00. Following the sale, the executive vice president directly owned 96,135 shares in the company, valued at $19,629,805.65. This trade represents a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,415,030 shares of company stock valued at $279,198,494. 2.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on PANW shares. New Street Research lifted their price objective on Palo Alto Networks from $235.00 to $240.00 and gave the stock a "buy" rating in a report on Friday, September 12th. BMO Capital Markets lifted their price objective on Palo Alto Networks from $217.00 to $225.00 and gave the stock an "outperform" rating in a report on Tuesday, August 19th. Truist Financial set a $220.00 price objective on Palo Alto Networks and gave the stock a "buy" rating in a report on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the stock an "outperform" rating in a report on Tuesday, August 19th. Finally, Bank of America raised Palo Alto Networks from a "neutral" rating to a "buy" rating and set a $215.00 price objective for the company in a report on Tuesday, August 19th. Thirty 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 company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $214.64.

Palo Alto Networks Company 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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