IronOak Wealth LLC. Invests $1.78 Million in Palo Alto Networks, Inc. $PANW

Key Points

• IronOak Wealth LLC has made a new investment of approximately $1.78 million in Palo Alto Networks, acquiring 8,699 shares, which now represent about 1.7% of its portfolio.
• Palo Alto Networks reported a quarterly earnings per share (EPS) of $0.95, exceeding analysts' estimates of $0.89, and achieving a revenue of $2.54 billion, surpassing the expected $2.50 billion.
• Insider trading activity revealed that EVP Nir Zuk sold 100,000 shares for a total of approximately $19.87 million, reflecting a decrease in their position by 2.99%.

IronOak Wealth LLC. purchased a new position in 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 institutional investor purchased 8,699 shares of the network technology company's stock, valued at approximately $1,780,000. Palo Alto Networks accounts for approximately 1.7% of IronOak Wealth LLC.'s investment portfolio, making the stock its 24th largest holding.

Several other institutional investors also recently bought and sold shares of the business. Capital A Wealth Management LLC purchased a new position in Palo Alto Networks in the fourth quarter valued at about $29,000. HWG Holdings LP bought a new stake in shares of Palo Alto Networks in the 1st quarter valued at about $31,000. Dagco Inc. purchased a new position in shares of Palo Alto Networks in the 1st quarter worth approximately $33,000. Marshall & Sullivan Inc. WA bought a new position in shares of Palo Alto Networks during the 2nd quarter worth approximately $41,000. Finally, SWAN Capital LLC lifted its position in Palo Alto Networks by 100.0% during the fourth quarter. SWAN Capital LLC now owns 200 shares of the network technology company's stock valued at $36,000 after acquiring an additional 100 shares during the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Price Performance

PANW stock traded down $0.01 during mid-day trading on Monday, reaching $208.18. 5,465,346 shares of the company's stock were exchanged, compared to its average volume of 5,548,172. The company has a market cap of $139.25 billion, a price-to-earnings ratio of 129.71, a price-to-earnings-growth ratio of 4.96 and a beta of 0.98. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $210.39. The stock's 50 day moving average is $188.95 and its 200 day moving average is $186.78.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.06. The firm 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 firm's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter last 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. On average, research analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Insider Activity

In related news, EVP Nir Zuk sold 100,000 shares of the business's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CAO Josh D. Paul sold 700 shares of the stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $184.20, for a total transaction of $128,940.00. Following the completion of the sale, the chief accounting officer owned 37,723 shares of the company's stock, valued at approximately $6,948,576.60. The trade was a 1.82% decrease in their position. The disclosure for this sale can be found here. Insiders sold 563,622 shares of company stock worth $105,459,528 over the last three months. Insiders own 2.50% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on PANW shares. Rosenblatt Securities reduced their price target on Palo Alto Networks from $235.00 to $215.00 and set a "buy" rating on the stock in a research report on Thursday, August 14th. Morgan Stanley increased their price target on Palo Alto Networks from $210.00 to $216.00 and gave the company an "overweight" rating in a research note on Tuesday, September 2nd. Bank of America raised Palo Alto Networks from a "neutral" rating to a "buy" rating and set a $215.00 price target for the company in a report on Tuesday, August 19th. JMP Securities restated a "market outperform" rating and set a $212.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, Stephens reissued an "equal weight" rating and set a $205.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Twenty-nine investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of "Moderate Buy" and a consensus target price of $212.39.

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.