1,489 Shares in Palo Alto Networks, Inc. $PANW Bought by Full Sail Capital LLC

Key Points

• Full Sail Capital LLC has acquired a new position in Palo Alto Networks, Inc. (NASDAQ:PANW), purchasing 1,489 shares valued at approximately $254,000.
• Several institutional investors have significantly increased their stakes in Palo Alto Networks, with ownership by institutional investors and hedge funds currently at 79.82%.
• Palo Alto Networks reported an earnings per share of $0.95 for the quarter, surpassing the analyst consensus estimate of $0.89, alongside a revenue of $2.54 billion.

Full Sail Capital LLC bought a new position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,489 shares of the network technology company's stock, valued at approximately $254,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital A Wealth Management LLC purchased a new position in Palo Alto Networks in the fourth quarter valued at approximately $29,000. HWG Holdings LP purchased a new position in Palo Alto Networks in the first quarter valued at approximately $31,000. Dagco Inc. purchased a new position in Palo Alto Networks in the first quarter valued at approximately $33,000. SWAN Capital LLC lifted its stake in Palo Alto Networks by 100.0% in the fourth quarter. SWAN Capital LLC now owns 200 shares of the network technology company's stock valued at $36,000 after purchasing an additional 100 shares during the last quarter. Finally, 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 purchasing an additional 83 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the company an "outperform" rating in a research note on Tuesday, August 19th. BMO Capital Markets upped their price objective 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. Truist Financial set a $220.00 price objective on Palo Alto Networks and gave the company a "buy" rating in a research note on Tuesday, August 19th. Rosenblatt Securities dropped their price objective on Palo Alto Networks from $235.00 to $215.00 and set a "buy" rating on the stock in a research note on Thursday, August 14th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Palo Alto Networks from $225.00 to $221.00 and set an "overweight" rating on the stock in a report on Wednesday, May 21st. Twenty-eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $211.52.

Insider Activity

In other news, EVP Lee Klarich sold 120,774 shares of the company's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $195.14, for a total value of $23,567,838.36. Following the transaction, the executive vice president owned 264,246 shares of the company's stock, valued at approximately $51,564,964.44. This represents a 31.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the company's stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $201.85, for a total transaction of $1,009,250.00. Following the completion of the transaction, the executive vice president directly owned 101,135 shares in the company, valued at approximately $20,414,099.75. The trade was a 4.71% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 669,948 shares of company stock worth $126,552,277. Company insiders own 2.50% of the company's stock.

Palo Alto Networks Stock Performance

PANW stock traded up $3.38 during midday trading on Wednesday, reaching $187.61. 5,985,276 shares of the company's stock traded hands, compared to its average volume of 14,151,992. The firm has a market capitalization of $125.10 billion, a PE ratio of 116.89, a price-to-earnings-growth ratio of 4.49 and a beta of 0.94. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $210.39. The company has a 50-day moving average price of $189.74 and a two-hundred day moving average price of $186.25.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released 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 analysts' expectations of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business's quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.75 earnings per share. 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 predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

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.