Cwm LLC Has $15.26 Million Holdings in Palo Alto Networks, Inc. $PANW

Key Points

• Cwm LLC increased its holdings in Palo Alto Networks, Inc. by 24.5% during Q2, bringing the total investment to $15.26 million.
• Palo Alto Networks reported a quarterly earnings per share (EPS) of $0.95, exceeding analyst expectations of $0.89, with revenue reaching $2.54 billion.
• The stock has a market capitalization of $142.66 billion, with current analysts forecasting a consensus price target of $216.00.

Cwm LLC grew its position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 24.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 74,571 shares of the network technology company's stock after purchasing an additional 14,661 shares during the period. Cwm LLC's holdings in Palo Alto Networks were worth $15,260,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. St. Clair Advisors LLC increased its position in Palo Alto Networks by 0.3% in the 2nd quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company's stock worth $3,233,000 after purchasing an additional 50 shares during the last quarter. Csenge Advisory Group increased its holdings in shares of Palo Alto Networks by 2.4% during the 1st quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company's stock valued at $381,000 after acquiring an additional 53 shares during the last quarter. TFG Advisers LLC increased its holdings in shares of Palo Alto Networks by 1.1% during the 2nd quarter. TFG Advisers LLC now owns 4,668 shares of the network technology company's stock valued at $955,000 after acquiring an additional 53 shares during the last quarter. GSG Advisors LLC increased its holdings in shares of Palo Alto Networks by 0.4% during the 1st quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company's stock valued at $2,154,000 after acquiring an additional 54 shares during the last quarter. Finally, SYM FINANCIAL Corp increased its holdings in shares of Palo Alto Networks by 1.4% during the 1st quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company's stock valued at $691,000 after acquiring an additional 55 shares during the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Palo Alto Networks Stock Up 2.3%

PANW opened at $213.28 on Tuesday. The firm has a market capitalization of $142.66 billion, a P/E ratio of 132.88, a price-to-earnings-growth ratio of 4.96 and a beta of 0.98. The stock's 50 day moving average price is $193.79 and its two-hundred day moving average price is $189.56. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $217.94.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same quarter last year, the firm posted $0.75 EPS. The company's revenue was up 15.8% on a year-over-year basis. 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 anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Buying and Selling

In other Palo Alto Networks news, EVP Nir Zuk sold 100,000 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The stock was 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 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the firm's stock in a transaction that occurred on 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 completion of the sale, the executive vice president owned 96,135 shares of the company's stock, valued at $19,629,805.65. This represents a 4.94% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PANW. DA Davidson reissued a "buy" rating and set a $215.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Stephens reissued an "equal weight" rating and set a $205.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Piper Sandler raised Palo Alto Networks from a "neutral" rating to an "overweight" rating and raised their price target for the company from $200.00 to $225.00 in a research report on Tuesday, August 12th. Barclays reaffirmed an "overweight" rating and issued a $215.00 price target (up from $210.00) on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Finally, Morgan Stanley raised their price target on Palo Alto Networks from $210.00 to $216.00 and gave the company an "overweight" rating in a research report on Tuesday, September 2nd. Twenty-nine equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $216.00.

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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