Game Plan Financial Advisors LLC Has $1.11 Million Stock Position in Palo Alto Networks, Inc. $PANW

Game Plan Financial Advisors LLC lifted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 124.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 5,434 shares of the network technology company's stock after purchasing an additional 3,015 shares during the quarter. Game Plan Financial Advisors LLC's holdings in Palo Alto Networks were worth $1,112,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Palo Alto Networks in the 1st quarter valued at $261,000. Strive Asset Management LLC boosted its position in shares of Palo Alto Networks by 16.6% in the 1st quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company's stock valued at $358,000 after purchasing an additional 299 shares during the period. GAMMA Investing LLC boosted its position in Palo Alto Networks by 10.8% during the 1st quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company's stock worth $2,410,000 after acquiring an additional 1,374 shares during the period. Czech National Bank boosted its position in Palo Alto Networks by 6.4% during the 2nd quarter. Czech National Bank now owns 161,840 shares of the network technology company's stock worth $33,119,000 after acquiring an additional 9,766 shares during the period. Finally, Avity Investment Management Inc. boosted its position in Palo Alto Networks by 37.9% during the 2nd quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company's stock worth $37,181,000 after acquiring an additional 49,971 shares during the period. Institutional investors and hedge funds own 79.82% of the company's stock.

Insider Transactions at Palo Alto Networks

In related news, EVP Nir Zuk sold 100,000 shares of the business'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 directly owned 3,143,516 shares in the company, valued at approximately $543,199,564.80. The trade was a 3.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Dipak Golechha sold 5,000 shares of the business'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 approximately $19,629,805.65. This trade represents a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is currently owned by company insiders.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $217.79 on Thursday. The firm has a market cap of $145.68 billion, a price-to-earnings ratio of 135.69, a P/E/G ratio of 5.02 and a beta of 0.98. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $217.94. The stock has a 50-day simple moving average of $191.40 and a 200-day simple moving average of $188.81.

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

Wall Street Analyst Weigh In

A number of brokerages have commented on PANW. Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the stock an "outperform" rating in a research report on Tuesday, August 19th. Morgan Stanley raised their price objective on Palo Alto Networks from $210.00 to $216.00 and gave the stock an "overweight" rating in a research report on Tuesday, September 2nd. Barclays restated an "overweight" rating and set a $215.00 price objective (up from $210.00) on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Weiss Ratings restated a "hold (c+)" rating on shares of Palo Alto Networks in a research report on Wednesday. Finally, Wedbush restated an "outperform" rating and set a $225.00 price objective on shares of Palo Alto Networks in a research report on Monday, September 15th. Twenty-eight analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $214.95.

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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