B & T Capital Management DBA Alpha Capital Management Buys Shares of 20,601 Palo Alto Networks, Inc. $PANW

B & T Capital Management DBA Alpha Capital Management bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 20,601 shares of the network technology company's stock, valued at approximately $7,025,000.

Several other institutional investors also recently modified their holdings of the business. N.E.W. Advisory Services LLC acquired a new position in Palo Alto Networks in the second quarter valued at approximately $27,000. Allied Private Wealth LLC acquired a new stake in Palo Alto Networks during the 2nd quarter worth $38,000. Darwin Wealth Management LLC bought a new stake in shares of Palo Alto Networks during the 2nd quarter valued at $25,000. Dunhill Financial LLC bought a new stake in shares of Palo Alto Networks during the 2nd quarter valued at $45,000. Finally, Knuff & Co LLC acquired a new position in shares of Palo Alto Networks in the 4th quarter valued at $26,000. Institutional investors and hedge funds own 79.82% of the company's stock.

Insiders Place Their Bets

In related news, Director James J. Goetz sold 20,000 shares of the business's stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the completion of the transaction, the director directly owned 20,000 shares in the company, valued at approximately $5,598,000. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Josh D. Paul sold 1,100 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the sale, the chief accounting officer directly owned 81,636 shares of the company's stock, valued at approximately $23,272,790.88. The trade was a 1.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 101,239 shares of company stock worth $27,174,360 in the last three months. 1.40% of the stock is owned by corporate insiders.

Palo Alto Networks Stock Performance

Shares of Palo Alto Networks stock opened at $375.76 on Tuesday. The stock's fifty day simple moving average is $330.20 and its 200 day simple moving average is $237.05. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $306.24 billion, a PE ratio of 308.00, a PEG ratio of 12.89 and a beta of 0.91. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $398.88.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion during the quarter, compared to analysts' expectations of $2.94 billion. During the same period in the previous year, the firm earned $0.37 earnings per share. The company's revenue was up 31.1% on a year-over-year basis. 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 predict that Palo Alto Networks, Inc. will post 2.02 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on PANW shares. BMO Capital Markets raised their price target on Palo Alto Networks from $270.00 to $335.00 and gave the stock an "outperform" rating in a research report on Wednesday, June 3rd. Citigroup reissued a "market outperform" rating on shares of Palo Alto Networks in a research note on Wednesday, August 12th. Cantor Fitzgerald set a $340.00 target price on Palo Alto Networks and gave the stock an "overweight" rating in a report on Wednesday, June 3rd. Berenberg Bank boosted their target price on Palo Alto Networks from $290.00 to $360.00 and gave the stock a "buy" rating in a research report on Wednesday, June 3rd. Finally, DA Davidson upped their price target on Palo Alto Networks from $190.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Palo Alto Networks has an average rating of "Moderate Buy" and a consensus price target of $342.61.

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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