Palo Alto Networks, Inc. $PANW Holdings Raised by Ashton Thomas Securities LLC

Key Points

• Ashton Thomas Securities LLC increased its holdings in Palo Alto Networks by 16.8% to a total of 12,360 shares, valued at approximately $2.11 million, as reported in its recent SEC filing.
• Palo Alto Networks executives Nir Zuk and Lee Klarich sold substantial shares totaling over $43 million recently, marking significant decreases in their respective positions by approximately 3% and 31.37%.
• The company's stock has a market capitalization of $127.04 billion and showed strong performance with a quarterly revenue of $2.54 billion, surpassing analyst expectations.

Ashton Thomas Securities LLC grew its position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 16.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,360 shares of the network technology company's stock after acquiring an additional 1,774 shares during the quarter. Ashton Thomas Securities LLC's holdings in Palo Alto Networks were worth $2,111,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the company. Focus Partners Advisor Solutions LLC increased its holdings in shares of Palo Alto Networks by 72.8% in the 1st quarter. Focus Partners Advisor Solutions LLC now owns 18,703 shares of the network technology company's stock valued at $3,192,000 after acquiring an additional 7,880 shares during the last quarter. First Financial Bankshares Inc increased its holdings in shares of Palo Alto Networks by 0.3% in the 1st quarter. First Financial Bankshares Inc now owns 36,427 shares of the network technology company's stock valued at $6,216,000 after acquiring an additional 93 shares during the last quarter. Flputnam Investment Management Co. increased its holdings in shares of Palo Alto Networks by 2.4% in the 1st quarter. Flputnam Investment Management Co. now owns 167,318 shares of the network technology company's stock valued at $28,551,000 after acquiring an additional 3,988 shares during the last quarter. Graham Capital Management L.P. increased its holdings in shares of Palo Alto Networks by 175.0% in the 1st quarter. Graham Capital Management L.P. now owns 7,079 shares of the network technology company's stock valued at $1,208,000 after acquiring an additional 4,505 shares during the last quarter. Finally, Alamea Verwaltungs GmbH bought a new stake in shares of Palo Alto Networks in the 1st quarter valued at approximately $503,000. 79.82% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Palo Alto Networks news, EVP Nir Zuk sold 100,000 shares of the business's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $198.66, for a total transaction of $19,866,000.00. Following the completion of the transaction, the executive vice president owned 3,243,516 shares in the company, valued at approximately $644,356,888.56. The trade was a 2.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Lee Klarich sold 120,774 shares of the business's stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $195.14, for a total value of $23,567,838.36. Following the completion of the sale, the executive vice president directly owned 264,246 shares in the company, valued at $51,564,964.44. This represents a 31.37% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 569,422 shares of company stock worth $107,116,337. Insiders own 2.50% of the company's stock.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $190.52 on Monday. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $210.39. The stock has a fifty day moving average of $189.39 and a two-hundred day moving average of $185.99. The firm has a market capitalization of $127.04 billion, a PE ratio of 118.70, a price-to-earnings-growth ratio of 4.55 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The company had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the previous year, the firm posted $0.75 EPS. The firm's quarterly revenue was up 15.8% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Equities research analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on PANW shares. DA Davidson restated a "buy" rating and set a $215.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Roth Capital started coverage on Palo Alto Networks in a research report on Thursday, May 15th. They set a "neutral" rating and a $210.00 price objective for the company. Rosenblatt Securities reduced their price objective on Palo Alto Networks from $235.00 to $215.00 and set a "buy" rating for the company in a research report on Thursday, August 14th. Royal Bank Of Canada restated an "outperform" rating and set a $232.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Finally, Northland Securities reduced their price objective on Palo Alto Networks from $210.00 to $177.00 and set a "market perform" rating for the company in a research report on Wednesday, May 21st. Twenty-eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $211.52.

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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