Foundations Investment Advisors LLC Boosts Holdings in Palo Alto Networks, Inc. $PANW

Key Points

• Foundations Investment Advisors LLC boosted its Palo Alto Networks stake by 16.2% in the fourth quarter, adding 13,526 shares to bring its total to 97,129 shares valued at about $17.9 million.
• The stock has seen continued institutional buying, with several other hedge funds also increasing positions, and institutional investors now own about 79.82% of Palo Alto Networks.
• Wall Street sentiment remains broadly positive despite some recent volatility: multiple analysts raised price targets, and the consensus rating is Moderate Buy with an average target of $234.28, while shares recently traded around $248.47.

Foundations Investment Advisors LLC increased its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 16.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,129 shares of the network technology company's stock after purchasing an additional 13,526 shares during the period. Foundations Investment Advisors LLC's holdings in Palo Alto Networks were worth $17,891,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its position in Palo Alto Networks by 147.7% during the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock valued at $1,230,000 after purchasing an additional 4,031 shares during the last quarter. Bison Wealth LLC lifted its holdings in shares of Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company's stock valued at $948,000 after acquiring an additional 3,275 shares during the last quarter. Sivia Capital Partners LLC grew its position in Palo Alto Networks by 66.3% in the second quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company's stock worth $713,000 after acquiring an additional 1,389 shares in the last quarter. Osterweis Capital Management Inc. increased its stake in Palo Alto Networks by 11,100.0% during the second quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company's stock worth $115,000 after acquiring an additional 555 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its stake in shares of Palo Alto Networks by 6.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company's stock valued at $900,000 after purchasing an additional 249 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors.

Palo Alto Networks Trading Down 3.2%

NASDAQ PANW opened at $248.47 on Thursday. The company's 50-day moving average price is $188.56 and its 200-day moving average price is $182.95. The stock has a market cap of $202.75 billion, a PE ratio of 137.28, a PEG ratio of 9.26 and a beta of 0.77. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $261.41.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on PANW. Needham & Company LLC lowered their price objective on Palo Alto Networks from $230.00 to $200.00 and set a "buy" rating for the company in a research note on Wednesday, February 18th. Robert W. Baird lifted their price objective on shares of Palo Alto Networks from $220.00 to $265.00 and gave the stock an "outperform" rating in a research note on Thursday, May 14th. Capital One Financial boosted their price objective on shares of Palo Alto Networks from $168.00 to $248.00 and gave the company an "equal weight" rating in a research report on Tuesday, May 19th. Stifel Nicolaus boosted their price objective on shares of Palo Alto Networks from $185.00 to $275.00 and gave the company a "buy" rating in a research report on Wednesday, May 20th. Finally, The Goldman Sachs Group lowered their target price on shares of Palo Alto Networks from $240.00 to $224.00 and set a "buy" rating for the company in a report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Palo Alto Networks currently has an average rating of "Moderate Buy" and an average price target of $234.28.

Palo Alto Networks News Roundup

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Benchmark raised its price target on Palo Alto Networks to $270 from $200 and kept a Buy rating, reinforcing the view that the stock still has meaningful upside. Benchmark price target increase
• Positive Sentiment: Wedbush also lifted its target sharply, to $300 from $225, while reiterating an Outperform rating, signaling continued confidence in Palo Alto Networks’ growth outlook. Wedbush price target increase
• Positive Sentiment: Wells Fargo reiterated a Buy rating with a $285 target, and earlier coverage from other firms also pointed to higher targets, adding to the bullish analyst momentum around PANW. Wells Fargo reiterates Buy
• Neutral Sentiment: Media coverage continues to frame Palo Alto Networks as a potential beneficiary of AI-driven cybersecurity demand, which supports the long-term investment story but is not an immediate catalyst. AI security supercycle article
• Negative Sentiment: Shares have also faced some sector-wide selling after weak guidance from a peer, Zscaler, which dragged on sentiment across cybersecurity stocks. Cybersecurity gloom article
• Negative Sentiment: EVP Lee Klarich sold 62,904 shares at an average price of $258.65, a transaction investors may view cautiously, although the executive still retains a sizable stake. Insider sale filing

Insider Transactions at Palo Alto Networks

In related news, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the sale, the executive vice president directly owned 235,983 shares in the company, valued at $61,037,002.95. The trade was a 21.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director James J. Goetz sold 22,684 shares of Palo Alto Networks stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $164.41, for a total value of $3,729,476.44. Following the completion of the sale, the director owned 52,500 shares of the company's stock, valued at $8,631,525. The trade was a 30.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 93,660 shares of company stock valued at $21,346,475. Company insiders own 1.40% of the company's stock.

About Palo Alto Networks

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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