Duncker Streett & Co. Inc. Buys 5,669 Shares of Palo Alto Networks, Inc. $PANW

Key Points

• Duncker Streett & Co. Inc. increased its stake in Palo Alto Networks by 16.3%, purchasing an additional 5,669 shares, bringing its total holdings to 40,554 shares worth approximately $8.3 million.
• Palo Alto Networks recently reported $2.54 billion in revenue for the quarter, surpassing analysts' estimates, with earnings per share of $0.95, beating the expected $0.89.
• The consensus rating for Palo Alto Networks among analysts is a "Moderate Buy", with a price target average of $216.00, following upgrades from several firms in recent reports.

Duncker Streett & Co. Inc. raised its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 16.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,554 shares of the network technology company's stock after acquiring an additional 5,669 shares during the period. Palo Alto Networks comprises 1.5% of Duncker Streett & Co. Inc.'s holdings, making the stock its 15th biggest holding. Duncker Streett & Co. Inc.'s holdings in Palo Alto Networks were worth $8,299,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Deroy & Devereaux Private Investment Counsel Inc. grew its position in Palo Alto Networks by 22.2% in the second quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 4,258 shares of the network technology company's stock valued at $871,000 after acquiring an additional 774 shares during the last quarter. IFG Advisors LLC lifted its stake in shares of Palo Alto Networks by 82.8% in the second quarter. IFG Advisors LLC now owns 6,688 shares of the network technology company's stock worth $1,369,000 after acquiring an additional 3,029 shares during the period. Mutual Advisors LLC lifted its stake in shares of Palo Alto Networks by 2.5% in the second quarter. Mutual Advisors LLC now owns 15,450 shares of the network technology company's stock worth $3,141,000 after acquiring an additional 375 shares during the period. Generali Asset Management SPA SGR lifted its stake in shares of Palo Alto Networks by 48.4% in the second quarter. Generali Asset Management SPA SGR now owns 53,098 shares of the network technology company's stock worth $10,866,000 after acquiring an additional 17,325 shares during the period. Finally, Essex LLC acquired a new position in shares of Palo Alto Networks in the second quarter worth approximately $223,000. Institutional investors own 79.82% of the company's stock.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $207.56 on Wednesday. The company has a market capitalization of $138.84 billion, a PE ratio of 129.32, a price-to-earnings-growth ratio of 5.07 and a beta of 0.98. The business has a fifty day moving average price of $194.56 and a two-hundred day moving average price of $189.68. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $217.94.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $2.54 billion during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the company 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. Sell-side analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on PANW shares. Jefferies Financial Group set a $235.00 price target on Palo Alto Networks in a research note on Tuesday, July 29th. BMO Capital Markets boosted their price target on Palo Alto Networks from $217.00 to $225.00 and gave the company an "outperform" rating in a research note on Tuesday, August 19th. Weiss Ratings reissued a "hold (c+)" rating on shares of Palo Alto Networks in a research note on Wednesday, October 8th. BTIG Research upgraded Palo Alto Networks from a "neutral" rating to a "buy" rating in a report on Monday. Finally, Guggenheim boosted their price objective on Palo Alto Networks from $130.00 to $135.00 and gave the company a "sell" rating in a report on Tuesday, August 19th. Twenty-nine analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $216.00.

Insider Activity at Palo Alto Networks

In other news, CAO Josh D. Paul sold 700 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total transaction of $141,512.00. Following the completion of the transaction, the chief accounting officer owned 32,474 shares in the company, valued at approximately $6,564,943.84. This represents a 2.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $211.92, for a total value of $25,594,426.08. Following the transaction, the executive vice president owned 149,190 shares of the company's stock, valued at $31,616,344.80. The trade was a 44.74% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,315,130 shares of company stock worth $260,687,367 in the last three months. Corporate insiders own 2.50% of the company's stock.

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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