Guyasuta Investment Advisors Inc. Has $12.12 Million Stock Position in Palo Alto Networks, Inc. $PANW

Key Points

• Guyasuta Investment Advisors dramatically increased its Palo Alto Networks stake by 1,862.1% in the first quarter, ending with 75,618 shares valued at about $12.12 million.
• Several insiders sold shares over the past 90 days, including EVP Lee Klarich and Director James J. Goetz, with total insider sales reaching $26.1 million.
• Palo Alto Networks reported strong quarterly results, beating EPS and revenue estimates, while analysts remain generally bullish with a Moderate Buy consensus and an average price target of $306.59.

Guyasuta Investment Advisors Inc. grew its stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 1,862.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 75,618 shares of the network technology company's stock after purchasing an additional 71,764 shares during the period. Guyasuta Investment Advisors Inc.'s holdings in Palo Alto Networks were worth $12,123,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of PANW. Darwin Wealth Management LLC acquired a new stake in Palo Alto Networks in the 2nd quarter valued at $25,000. Steph & Co. boosted its stake in shares of Palo Alto Networks by 88.2% in the 4th quarter. Steph & Co. now owns 143 shares of the network technology company's stock valued at $26,000 after purchasing an additional 67 shares in the last quarter. Knuff & Co LLC bought a new stake in shares of Palo Alto Networks in the 4th quarter worth about $26,000. Sittner & Nelson LLC grew its holdings in shares of Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company's stock worth $27,000 after purchasing an additional 62 shares during the last quarter. Finally, Luken Investment Analytics LLC increased its position in shares of Palo Alto Networks by 196.2% during the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company's stock worth $28,000 after purchasing an additional 102 shares in the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 62,904 shares of the business's stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the sale, the executive vice president directly owned 235,983 shares of the company's stock, valued at approximately $61,037,002.95. The trade was a 21.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James J. Goetz sold 20,000 shares of the company's stock in a transaction dated 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 transaction, the director owned 20,000 shares in the company, valued at approximately $5,598,000. The trade was a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 101,389 shares of company stock valued at $26,122,830. 1.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

PANW has been the topic of a number of recent analyst reports. Daiwa Securities Group reduced their price target on shares of Palo Alto Networks from $212.00 to $175.00 and set an "outperform" rating on the stock in a research report on Tuesday, February 24th. Barclays reiterated an "overweight" rating and issued a $315.00 target price (up from $220.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Capital One Financial boosted their target price on Palo Alto Networks from $168.00 to $248.00 and gave the stock an "equal weight" rating in a report on Tuesday, May 19th. Cantor Fitzgerald set a $340.00 price target on Palo Alto Networks and gave the stock an "overweight" rating in a research report on Wednesday, June 3rd. Finally, HSBC raised their price target on Palo Alto Networks from $114.00 to $207.00 in a report on Thursday, June 4th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Palo Alto Networks currently has an average rating of "Moderate Buy" and an average target price of $306.59.

Palo Alto Networks Stock Up 1.6%

Shares of PANW opened at $290.92 on Wednesday. The firm has a market capitalization of $237.10 billion, a price-to-earnings ratio of 238.46, a PEG ratio of 10.63 and a beta of 0.94. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The business's fifty day moving average price is $233.33 and its two-hundred day moving average price is $194.05. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $302.95.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion during 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% on a year-over-year basis. During the same period last 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 predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

About Palo Alto Networks

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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