Lineweaver Wealth Advisors LLC Invests $768,000 in Palo Alto Networks, Inc. $PANW

Key Points

• Lineweaver Wealth Advisors LLC has invested $768,000 in Palo Alto Networks, Inc., acquiring 3,755 shares in the second quarter.
• Institutional ownership of Palo Alto Networks is strong, with 79.82% of shares held by institutional investors, reflecting substantial interest in the cybersecurity firm.
• Analysts maintain a Moderate Buy rating on Palo Alto Networks, with a consensus target price of $211.68 based on optimistic growth expectations.

Lineweaver Wealth Advisors LLC acquired a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,755 shares of the network technology company's stock, valued at approximately $768,000.

A number of other institutional investors also recently bought and sold shares of PANW. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Palo Alto Networks during the first quarter valued at approximately $261,000. Strive Asset Management LLC grew its position in shares of Palo Alto Networks by 16.6% during the 1st quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company's stock valued at $358,000 after acquiring an additional 299 shares during the period. GAMMA Investing LLC increased its stake in shares of 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 purchasing an additional 1,374 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in Palo Alto Networks by 8.0% in the 1st quarter. Nisa Investment Advisors LLC now owns 137,663 shares of the network technology company's stock worth $23,491,000 after purchasing an additional 10,180 shares during the period. Finally, Avity Investment Management Inc. lifted its position in Palo Alto Networks by 37.9% during the second quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company's stock valued at $37,181,000 after purchasing an additional 49,971 shares in the last quarter. Institutional investors own 79.82% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on PANW. UBS Group set a $185.00 price objective on Palo Alto Networks and gave the company a "neutral" rating in a research report on Tuesday, August 12th. Wells Fargo & Company increased their price objective on shares of Palo Alto Networks from $225.00 to $235.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 21st. Truist Financial set a $220.00 target price on shares of Palo Alto Networks and gave the company a "buy" rating in a research note on Tuesday, August 19th. Westpark Capital reaffirmed a "hold" rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, BMO Capital Markets lifted their target price on Palo Alto Networks from $217.00 to $225.00 and gave the company an "outperform" rating in a research note on Tuesday, August 19th. Twenty-eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $211.68.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the business's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the completion of the sale, the executive vice president directly owned 177,954 shares in the company, valued at approximately $34,008,788.94. The trade was a 40.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Nir Zuk sold 100,000 shares of the stock in a transaction on Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the transaction, the executive vice president directly owned 3,143,516 shares of the company's stock, valued at approximately $543,199,564.80. This represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 569,422 shares of company stock valued at $106,629,618. 2.50% of the stock is currently owned by company insiders.

Palo Alto Networks Trading Up 0.0%

NASDAQ PANW opened at $201.34 on Wednesday. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $210.39. The firm has a market capitalization of $134.68 billion, a P/E ratio of 125.45, a P/E/G ratio of 4.80 and a beta of 0.98. The firm's fifty day simple moving average is $187.97 and its two-hundred day simple moving average is $186.09.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates 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 was up 15.8% on a year-over-year basis. During the same period in the prior year, the company earned $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, sell-side analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

About Palo Alto Networks

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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