Global Assets Advisory LLC Buys Shares of 3,091 Palo Alto Networks, Inc. $PANW

Key Points

• Global Assets Advisory LLC has acquired 3,091 shares of Palo Alto Networks, Inc. (PANW), valued at approximately $611,000, marking a continued interest in cybersecurity investments.
• Several major investors, including Goldman Sachs and Vanguard Group, have increased their stakes in Palo Alto Networks, with institutional investors owning about 79.82% of the company.
• Analysts have reported a consensus rating of "Moderate Buy" for Palo Alto Networks, with various price targets set between $215.00 and $225.00, indicating strong optimism about the company's future performance.

Global Assets Advisory LLC purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,091 shares of the network technology company's stock, valued at approximately $611,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Nuveen LLC acquired a new stake in shares of Palo Alto Networks in the first quarter valued at approximately $810,047,000. Kingstone Capital Partners Texas LLC purchased a new stake in Palo Alto Networks in the 2nd quarter valued at approximately $633,068,000. Goldman Sachs Group Inc. grew its holdings in Palo Alto Networks by 41.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company's stock valued at $1,234,650,000 after buying an additional 2,134,735 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Palo Alto Networks by 77.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company's stock worth $662,000,000 after buying an additional 1,688,432 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Palo Alto Networks by 2.5% in the first quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company's stock worth $10,712,019,000 after acquiring an additional 1,541,637 shares during the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of the firm'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 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Josh D. Paul sold 700 shares of the company's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total value of $141,512.00. Following the transaction, the chief accounting officer owned 32,474 shares of the company's stock, valued at approximately $6,564,943.84. The trade was a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,194,356 shares of company stock valued at $235,092,941 over the last ninety days. Insiders own 2.50% of the company's stock.

Analyst Ratings Changes

A number of analysts recently commented on PANW shares. Bank of America raised Palo Alto Networks from a "neutral" rating to a "buy" rating and set a $215.00 price objective on the stock in a research note on Tuesday, August 19th. Piper Sandler raised shares of Palo Alto Networks from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $200.00 to $225.00 in a research note on Tuesday, August 12th. DA Davidson reiterated a "buy" rating and set a $215.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. Weiss Ratings reissued a "hold (c+)" rating on shares of Palo Alto Networks in a research note on Saturday, September 27th. Finally, Wedbush reaffirmed an "outperform" rating and issued a $225.00 target price on shares of Palo Alto Networks in a research note on Monday, September 15th. Thirty 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. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $214.64.

Palo Alto Networks Trading Down 1.0%

Palo Alto Networks stock opened at $207.19 on Monday. The stock has a market cap of $138.59 billion, a P/E ratio of 129.09, a price-to-earnings-growth ratio of 4.93 and a beta of 0.98. The stock has a 50 day moving average of $190.20 and a 200-day moving average of $188.24. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $212.10.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. The business 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 company's quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the company 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, equities analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share 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.

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