Global Retirement Partners LLC Makes New $8.34 Million Investment in Palo Alto Networks, Inc. $PANW

Key Points

• Global Retirement Partners LLC acquired 24,469 Palo Alto Networks shares worth approximately $8.34 million in the second quarter. Institutional investors collectively own 79.82% of PANW.
• Analyst sentiment remains favorable: 40 analysts rate the stock a Buy and the consensus rating is “Moderate Buy,” with an average price target of $339.61.
• Palo Alto Networks exceeded quarterly expectations, reporting $0.85 in EPS versus $0.79 expected and $3 billion in revenue, up 31.1% year over year. However, insiders sold roughly $27.2 million of stock over the past 90 days.

Global Retirement Partners LLC bought a new position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 24,469 shares of the network technology company's stock, valued at approximately $8,344,000.

Several other institutional investors and hedge funds also recently made changes to their positions in PANW. Brighton Jones LLC boosted its stake in shares of 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 last quarter. Bison Wealth LLC grew its holdings in shares of Palo Alto Networks by 169.1% in the fourth 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 in the last quarter. Sivia Capital Partners LLC increased its position in shares of Palo Alto Networks by 66.3% during the second quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company's stock valued at $713,000 after acquiring an additional 1,389 shares during the last quarter. Osterweis Capital Management Inc. increased its position in shares of 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 valued at $115,000 after acquiring an additional 555 shares during the last quarter. Finally, Main Street Financial Solutions LLC lifted its holdings in Palo Alto Networks by 6.0% during the second quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company's stock worth $900,000 after acquiring an additional 249 shares during the period. Hedge funds and other institutional investors own 79.82% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on PANW shares. BNP Paribas Exane upped their price objective on Palo Alto Networks from $330.00 to $380.00 and gave the company an "outperform" rating in a research note on Wednesday, July 1st. Needham & Company LLC lifted their target price on Palo Alto Networks from $350.00 to $425.00 and gave the stock a "buy" rating in a research note on Tuesday, July 7th. Jefferies Financial Group set a $335.00 price target on shares of Palo Alto Networks and gave the stock a "buy" rating in a report on Wednesday, June 3rd. Susquehanna restated a "positive" rating and set a $350.00 price target (up from $200.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Benchmark raised their price objective on shares of Palo Alto Networks from $270.00 to $340.00 and gave the stock a "buy" rating in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $339.61.

Insiders Place Their Bets

In other news, Director Helle Thorning-Schmidt sold 700 shares of Palo Alto Networks stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total value of $242,795.00. Following the completion of the transaction, the director owned 5,898 shares in the company, valued at $2,045,721.30. This trade represents a 10.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James J. Goetz sold 20,000 shares of the business's stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the sale, the director directly owned 20,000 shares in the company, valued at approximately $5,598,000. This trade represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 101,239 shares of company stock worth $27,174,360 in the last ninety days. 1.40% of the stock is owned by corporate insiders.

Palo Alto Networks Stock Performance

NASDAQ:PANW opened at $384.27 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The business has a fifty day simple moving average of $328.02 and a two-hundred day simple moving average of $235.70. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $398.88. The company has a market capitalization of $313.18 billion, a P/E ratio of 314.98, a P/E/G ratio of 12.89 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating analysts' consensus estimates of $0.79 by $0.06. The firm had revenue of $3 billion for the quarter, compared to analysts' expectations of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business's revenue for the quarter was up 31.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.37 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. On average, analysts expect that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current year.

Palo Alto Networks Profile

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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