Axxcess Wealth Management LLC Increases Position in Palo Alto Networks, Inc. $PANW

Key Points

• Axxcess Wealth Management increased its stake in Palo Alto Networks by 83.5% in the fourth quarter, holding 25,312 shares worth about $4.66 million after the purchase.
• Insider activity was mixed: Director James J. Goetz sold 22,684 shares, while CEO Nikesh Arora bought 68,085 shares valued at nearly $10 million.
• Wall Street remains broadly positive on PANW, with analysts maintaining mostly Buy ratings and a consensus price target of $226.33, while recent reports highlighted higher targets and strong demand for the company’s AI security offerings.

Axxcess Wealth Management LLC raised its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 83.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,312 shares of the network technology company's stock after buying an additional 11,518 shares during the period. Axxcess Wealth Management LLC's holdings in Palo Alto Networks were worth $4,662,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Brighton Jones LLC boosted its stake in shares of Palo Alto Networks by 147.7% during the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock worth $1,230,000 after acquiring an additional 4,031 shares in the last quarter. Bison Wealth LLC boosted its stake in shares of Palo Alto Networks by 169.1% during the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company's stock worth $948,000 after acquiring an additional 3,275 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Palo Alto Networks by 66.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company's stock worth $713,000 after acquiring an additional 1,389 shares in the last quarter. Osterweis Capital Management Inc. boosted its stake in shares of Palo Alto Networks by 11,100.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company's stock worth $115,000 after acquiring an additional 555 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its stake in shares of Palo Alto Networks by 6.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company's stock worth $900,000 after acquiring an additional 249 shares in the last quarter. Institutional investors own 79.82% of the company's stock.

Insider Buying and Selling

In other Palo Alto Networks news, Director James J. Goetz sold 22,684 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $164.41, for a total value of $3,729,476.44. Following the completion of the transaction, the director directly owned 52,500 shares of the company's stock, valued at approximately $8,631,525. This trade represents a 30.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Nikesh Arora bought 68,085 shares of the company's stock in a transaction on Friday, March 27th. The stock was bought at an average cost of $146.87 per share, with a total value of $9,999,643.95. Following the completion of the acquisition, the chief executive officer owned 343,394 shares of the company's stock, valued at $50,434,276.78. This represents a 24.73% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 30,756 shares of company stock valued at $5,076,355 in the last 90 days. 1.40% of the stock is owned by corporate insiders.

Palo Alto Networks Trading Up 3.0%

Shares of Palo Alto Networks stock opened at $260.58 on Friday. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $261.41. The stock has a market cap of $212.63 billion, a PE ratio of 143.97, a price-to-earnings-growth ratio of 9.39 and a beta of 0.77. The company has a 50-day moving average of $183.29 and a two-hundred day moving average of $182.32.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on PANW shares. TD Cowen reissued a "buy" rating on shares of Palo Alto Networks in a research note on Wednesday, February 18th. UBS Group set a $183.00 target price on shares of Palo Alto Networks in a research note on Thursday, February 19th. The Goldman Sachs Group decreased their price target on shares of Palo Alto Networks from $240.00 to $224.00 and set a "buy" rating on the stock in a research note on Wednesday, February 18th. New Street Research decreased their price target on shares of Palo Alto Networks from $240.00 to $220.00 and set a "buy" rating on the stock in a research note on Thursday, February 19th. Finally, Benchmark began coverage on shares of Palo Alto Networks in a research note on Wednesday, April 1st. They issued a "buy" rating and a $200.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $226.33.

Palo Alto Networks News Roundup

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Wells Fargo raised its price target on PANW to $285 from $235 and kept an overweight rating, signaling further upside potential for the cybersecurity leader.
• Positive Sentiment: Truist also boosted its price target ahead of results, reinforcing Wall Street’s improving view of Palo Alto Networks’ earnings and growth outlook. Palo Alto Networks (PANW) Gets Major Price Target Boost from Truist Ahead of Q1 Results
• Positive Sentiment: Jefferies said customers at the company’s Ignite On Tour event showed strong interest in PANW’s AI security offerings, with acquisitions Portkey and Koi Security attracting attention and little resistance to recent firewall price increases.
• Positive Sentiment: Investor commentary continued to highlight cybersecurity as a durable budget priority, with Palo Alto Networks added to Josh Brown’s “best stocks” list alongside other leading security names.
• Neutral Sentiment: One article framed PANW’s strong year-to-date outperformance versus Palantir as a possible rebalancing candidate, but the piece was more about relative performance than a new company-specific catalyst. Palo Alto Networks Is Beating Palantir by 60% This Year. Is a Rebalancing Imminent?
• Neutral Sentiment: Company insider selling by CAO Josh D. Paul was disclosed, though the 400-share sale was relatively small versus his remaining holdings and does not by itself signal a major shift in fundamentals.
• Neutral Sentiment: Recent commentary also pointed to rising AI security demand for products like Prisma AIRS and XSIAM, supporting the long-term growth narrative rather than changing near-term results.

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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