Lynch Asset Management Inc. Invests $11.78 Million in Palo Alto Networks, Inc. $PANW

Key Points

• Lynch Asset Management acquired 34,550 Palo Alto Networks shares worth approximately $11.78 million, making PANW its sixth-largest holding and 3.2% of its portfolio. Institutional investors collectively own 79.82% of the company.
• Palo Alto Networks exceeded quarterly expectations with $0.85 in earnings per share versus $0.79 expected and $3 billion in revenue, up 31.1% year over year. The company provided fiscal 2026 EPS guidance of $3.77–$3.79.
• PANW holds a “Moderate Buy” consensus rating, with an average analyst price target of $339.61, while the stock recently traded at $384.27. Insiders sold about $27.2 million of shares over the past three months.

Lynch Asset Management Inc. acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 34,550 shares of the network technology company's stock, valued at approximately $11,782,000. Palo Alto Networks comprises approximately 3.2% of Lynch Asset Management Inc.'s investment portfolio, making the stock its 6th largest holding.

A number of other institutional investors have also made changes to their positions in the business. Darwin Wealth Management LLC acquired a new stake in Palo Alto Networks in the 2nd quarter valued at $25,000. Knuff & Co LLC acquired a new position in shares of Palo Alto Networks during 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 valued at $27,000 after acquiring an additional 62 shares in the last quarter. Luken Investment Analytics LLC grew its holdings in shares of Palo Alto Networks by 196.2% in the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company's stock valued at $28,000 after acquiring an additional 102 shares in the last quarter. Finally, WHI TRUST Co LLC acquired a new stake in shares of Palo Alto Networks in the fourth quarter valued at about $28,000. Institutional investors own 79.82% of the company's stock.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $384.27 on Monday. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $398.88. 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 company has a market capitalization of $313.18 billion, a P/E ratio of 314.98, a price-to-earnings-growth ratio of 12.89 and a beta of 0.91. The company has a 50-day simple moving average of $328.02 and a 200 day simple moving average of $235.70.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.06. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate 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 was up 31.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.37 earnings per share. 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. Sell-side analysts forecast that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current year.

Analyst Upgrades and Downgrades

PANW has been the topic of several analyst reports. Wolfe Research reiterated an "outperform" rating and set a $320.00 target price on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft raised their price target on Palo Alto Networks from $220.00 to $350.00 and gave the company a "buy" rating in a research note on Wednesday, June 3rd. Susquehanna reaffirmed 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. DA Davidson upped their price objective on Palo Alto Networks from $190.00 to $345.00 and gave the stock a "buy" rating in a research note on Wednesday, June 3rd. Finally, Argus set a $425.00 price objective on Palo Alto Networks in a report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of "Moderate Buy" and an average target price of $339.61.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of the firm's stock in a transaction on Friday, June 12th. The stock was 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 owned 20,000 shares of the company's stock, valued at $5,598,000. This trade represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the transaction, the executive vice president directly owned 145,250 shares of the company's stock, valued at approximately $42,058,590. This trade represents a 3.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 101,239 shares of company stock worth $27,174,360 in the last three months. 1.40% of the stock is owned by insiders.

Palo Alto Networks Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source