Calton & Associates Inc. Invests $358,000 in Palo Alto Networks, Inc. $PANW

Key Points

• Calton & Associates Inc. invested $358,000 to acquire 2,100 shares of Palo Alto Networks, Inc. in the first quarter, as reported in their recent SEC filing.
• Palo Alto Networks reported $0.95 EPS for the last quarter, surpassing analysts' expectations of $0.89, with revenue increasing by 15.8% compared to the previous year.
• Analysts have issued strong ratings for Palo Alto Networks, with price targets ranging from $205.00 to $230.00, indicating bullish sentiment surrounding the stock's future performance.

Calton & Associates Inc. acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) in the first quarter, according to its most recent filing with the SEC. The fund acquired 2,100 shares of the network technology company's stock, valued at approximately $358,000.

Other hedge funds have also bought and sold shares of the company. Capital A Wealth Management LLC purchased a new position in Palo Alto Networks in the 4th quarter valued at approximately $29,000. HWG Holdings LP purchased a new position in Palo Alto Networks in the 1st quarter valued at approximately $31,000. Dagco Inc. purchased a new position in Palo Alto Networks in the 1st quarter valued at approximately $33,000. SWAN Capital LLC grew its stake in Palo Alto Networks by 100.0% in the 4th quarter. SWAN Capital LLC now owns 200 shares of the network technology company's stock valued at $36,000 after buying an additional 100 shares in the last quarter. Finally, Glen Eagle Advisors LLC grew its stake in Palo Alto Networks by 100.0% in the 4th quarter. Glen Eagle Advisors LLC now owns 212 shares of the network technology company's stock valued at $39,000 after buying an additional 106 shares in the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Palo Alto Networks Stock Performance

NASDAQ PANW opened at $190.52 on Monday. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $210.39. The company has a market capitalization of $127.04 billion, a P/E ratio of 118.70, a P/E/G ratio of 4.55 and a beta of 0.98. The company has a fifty day moving average of $189.39 and a 200-day moving average of $185.99.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the previous year, the firm posted $0.75 EPS. The firm's revenue was up 15.8% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. As a group, analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on PANW. JMP Securities reiterated a "market outperform" rating and issued a $212.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Needham & Company LLC reiterated a "buy" rating and issued a $230.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Morgan Stanley boosted their price target on shares of Palo Alto Networks from $205.00 to $210.00 and gave the company an "overweight" rating in a research report on Wednesday, August 20th. Wedbush restated an "outperform" rating and set a $225.00 price target on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Finally, DA Davidson restated a "buy" rating and set a $215.00 price target on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Twenty-eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $211.52.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the business's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $171.58, for a total value of $20,722,402.92. Following the completion of the sale, the executive vice president directly owned 206,718 shares of the company's stock, valued at $35,468,674.44. The trade was a 36.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Josh D. Paul sold 700 shares of the business's 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 completion of the sale, the chief accounting officer directly owned 37,723 shares of the company's stock, valued at $6,948,576.60. This represents a 1.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 569,422 shares of company stock valued at $107,116,337. 2.50% of the stock is currently owned by insiders.

Palo Alto Networks 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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