GFG Capital LLC Acquires 7,564 Shares of Palo Alto Networks, Inc. $PANW

Key Points

• GFG Capital LLC significantly increased its holdings in Palo Alto Networks, acquiring an additional 7,564 shares and bringing its total to 11,442 shares, valued at approximately $2.34 million.
• Multiple hedge funds have boosted their stakes in Palo Alto Networks recently, with Brighton Jones LLC and Bison Wealth LLC increasing their holdings by 147.7% and 169.1% respectively in the fourth quarter.
• Palo Alto Networks reported a 15.8% increase in revenue year-over-year, with quarterly revenue of $2.54 billion, exceeding analysts' expectations of $2.50 billion.

GFG Capital LLC grew its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 195.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,442 shares of the network technology company's stock after acquiring an additional 7,564 shares during the period. GFG Capital LLC's holdings in Palo Alto Networks were worth $2,341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Brighton Jones LLC boosted its holdings in Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock worth $1,230,000 after buying an additional 4,031 shares during the period. Bison Wealth LLC boosted its holdings in 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 worth $948,000 after buying an additional 3,275 shares during the period. Portside Wealth Group LLC boosted its holdings in Palo Alto Networks by 10.5% in the 1st quarter. Portside Wealth Group LLC now owns 1,841 shares of the network technology company's stock worth $314,000 after buying an additional 175 shares during the period. Daymark Wealth Partners LLC boosted its holdings in Palo Alto Networks by 6.3% in the 1st quarter. Daymark Wealth Partners LLC now owns 2,676 shares of the network technology company's stock worth $457,000 after buying an additional 158 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in Palo Alto Networks by 10.8% in the 1st quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company's stock worth $2,410,000 after buying an additional 1,374 shares during the period. Institutional investors own 79.82% of the company's stock.

Palo Alto Networks Price Performance

NASDAQ:PANW opened at $217.79 on Thursday. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $217.94. The stock's 50 day simple moving average is $191.40 and its two-hundred day simple moving average is $188.81. The company has a market cap of $145.68 billion, a price-to-earnings ratio of 135.69, a PEG ratio of 5.02 and a beta of 0.98.

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 EPS for the quarter, beating analysts' consensus estimates of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The firm had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter last year, the firm earned $0.75 EPS. The firm's revenue for the quarter was up 15.8% compared to the same quarter last year. 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 EPS for the current year.

Insider Transactions at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total value of $141,512.00. Following the completion of the transaction, the chief accounting officer owned 32,474 shares of the company's stock, valued at approximately $6,564,943.84. This trade represents a 2.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of the stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the completion of the transaction, the executive vice president directly owned 149,190 shares of the company's stock, valued at approximately $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 quarter. Company insiders own 2.50% of the company's stock.

Analyst Ratings Changes

PANW has been the subject of several recent analyst reports. Sanford C. Bernstein set a $207.00 target price on shares of Palo Alto Networks and gave the stock an "outperform" rating in a report on Tuesday, August 19th. Bank of America raised shares of Palo Alto Networks from a "neutral" rating to a "buy" rating and set a $215.00 target price for the company in a report on Tuesday, August 19th. Westpark Capital reaffirmed a "hold" rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. Needham & Company LLC reissued a "buy" rating and set a $230.00 price objective on shares of Palo Alto Networks in a report on Wednesday, September 3rd. Finally, Tigress Financial started coverage on Palo Alto Networks in a research report on Friday, September 26th. They set a "buy" rating and a $245.00 price objective for the company. Twenty-eight analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus 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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