Belpointe Asset Management LLC Has $2.21 Million Stock Position in Palo Alto Networks, Inc. $PANW

Key Points

• Belpointe Asset Management LLC has increased its stake in Palo Alto Networks by 104.5%, owning 10,793 shares valued at $2.21 million as of the recent SEC filing.
• Palo Alto Networks reported earnings of $0.95 per share, exceeding analysts' estimates, with quarterly revenue reaching $2.54 billion—up 15.8% year-over-year.
• The company's stock has a 52-week high of $213.85 and several analysts have set new price targets ranging from $215 to $240, generally maintaining a Buy rating.

Belpointe Asset Management LLC lifted its position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 104.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,793 shares of the network technology company's stock after buying an additional 5,515 shares during the period. Belpointe Asset Management LLC's holdings in Palo Alto Networks were worth $2,209,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PANW. HWG Holdings LP bought a new position in shares of Palo Alto Networks during the 1st quarter valued at about $31,000. Dagco Inc. bought a new stake in Palo Alto Networks during the 1st quarter worth approximately $33,000. WPG Advisers LLC acquired a new stake in Palo Alto Networks during the 1st quarter worth approximately $37,000. Strategic Investment Solutions Inc. IL lifted its stake in Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company's stock valued at $38,000 after buying an additional 83 shares in the last quarter. Finally, Stonebridge Financial Group LLC lifted its stake in Palo Alto Networks by 46.8% in the first quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company's stock valued at $40,000 after buying an additional 74 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors.

Palo Alto Networks Stock Performance

PANW opened at $212.58 on Tuesday. The business's 50-day simple moving average is $190.36 and its 200 day simple moving average is $188.45. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $213.85. The firm has a market capitalization of $142.19 billion, a PE ratio of 132.45, a PEG ratio of 4.93 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, research analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Transactions at Palo Alto Networks

In related news, EVP Nir Zuk sold 100,000 shares of the firm's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the sale, the executive vice president directly owned 3,143,516 shares in the company, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the transaction, the executive vice president owned 96,135 shares of the company's stock, valued at $19,629,805.65. The trade was a 4.94% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,194,356 shares of company stock valued at $235,092,941. 2.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

PANW has been the subject of several research reports. Morgan Stanley increased their price objective on shares of Palo Alto Networks from $210.00 to $216.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 2nd. Needham & Company LLC reissued a "buy" rating and issued a $230.00 price target on shares of Palo Alto Networks in a research note on Wednesday, September 3rd. Barclays reissued an "overweight" rating and issued a $215.00 price target (up previously from $210.00) on shares of Palo Alto Networks in a research note on Tuesday, August 19th. 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 research report on Tuesday, August 19th. Finally, New Street Research lifted their target price on Palo Alto Networks from $235.00 to $240.00 and gave the company a "buy" rating in a research report on Friday, September 12th. Thirty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently 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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