Arkadios Wealth Advisors Raises Stock Position in Palo Alto Networks, Inc. $PANW

Arkadios Wealth Advisors boosted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 12.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,475 shares of the network technology company's stock after purchasing an additional 7,631 shares during the period. Arkadios Wealth Advisors' holdings in Palo Alto Networks were worth $10,818,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Darwin Wealth Management LLC bought a new position in Palo Alto Networks in the second quarter valued at about $25,000. Steph & Co. grew its stake in shares of Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company's stock valued at $26,000 after purchasing an additional 67 shares during the period. Knuff & Co LLC purchased a new stake in shares of Palo Alto Networks during the 4th quarter valued at about $26,000. Sittner & Nelson LLC increased its position 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 last quarter. Finally, Luken Investment Analytics LLC lifted its stake in shares of Palo Alto Networks by 196.2% in the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company's stock worth $28,000 after purchasing an additional 102 shares during the period. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Palo Alto Networks Stock Up 3.7%

PANW opened at $325.68 on Friday. 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 fifty-two week low of $139.57 and a fifty-two week high of $368.80. The firm's fifty day moving average is $306.57 and its 200 day moving average is $221.46. The stock has a market cap of $265.43 billion, a price-to-earnings ratio of 266.95, a price-to-earnings-growth ratio of 11.66 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its earnings results 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 during the quarter, compared to the consensus estimate 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 quarterly revenue was up 31.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.37 EPS. 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, sell-side analysts forecast that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of the 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 completion of the sale, the director directly owned 20,000 shares of the company's stock, valued at $5,598,000. This trade represents a 50.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Josh D. Paul sold 900 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $345.00, for a total transaction of $310,500.00. Following the sale, the chief accounting officer owned 79,644 shares in the company, valued at approximately $27,477,180. The trade was a 1.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 101,239 shares of company stock worth $27,174,360 in the last three months. Corporate insiders own 1.40% of the company's stock.

Analysts Set New Price Targets

PANW has been the topic of a number of research reports. Stephens raised their price objective on shares of Palo Alto Networks from $180.00 to $300.00 and gave the stock an "equal weight" rating in a report on Wednesday, June 3rd. Jefferies Financial Group set a $335.00 price target on shares of Palo Alto Networks and gave the stock a "buy" rating in a research report on Wednesday, June 3rd. William Blair reiterated an "outperform" rating on shares of Palo Alto Networks in a research note on Tuesday, June 16th. Berenberg Bank boosted their price objective on shares of Palo Alto Networks from $290.00 to $360.00 and gave the company a "buy" rating in a research report on Wednesday, June 3rd. Finally, Loop Capital upped their price objective on Palo Alto Networks from $160.00 to $290.00 and gave the stock a "hold" rating in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $331.48.

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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