Palo Alto Networks, Inc. $PANW Shares Acquired by Focus Partners Wealth

Key Points

• Focus Partners Wealth increased its Palo Alto Networks stake by 5.4% in the fourth quarter, buying 29,160 more shares and bringing its holdings to 565,485 shares worth about $104.2 million.
• Palo Alto Networks reported better-than-expected quarterly results, with EPS of $0.85 versus $0.79 expected and revenue of $3.0 billion versus $2.94 billion estimated. Revenue rose 31.1% year over year.
• Analysts remain generally bullish, with multiple firms raising price targets and the stock carrying an average Moderate Buy rating and an average price target of $306.59.

Focus Partners Wealth raised its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 5.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 565,485 shares of the network technology company's stock after purchasing an additional 29,160 shares during the quarter. Focus Partners Wealth owned about 0.08% of Palo Alto Networks worth $104,163,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of Palo Alto Networks by 147.7% in the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock worth $1,230,000 after acquiring an additional 4,031 shares during the period. Bison Wealth LLC increased its stake in shares of Palo Alto Networks by 169.1% in the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company's stock worth $948,000 after acquiring an additional 3,275 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Palo Alto Networks by 66.3% in the second quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company's stock worth $713,000 after acquiring an additional 1,389 shares during the period. Osterweis Capital Management Inc. increased its stake in shares of Palo Alto Networks by 11,100.0% in the second quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company's stock worth $115,000 after acquiring an additional 555 shares during the period. Finally, Main Street Financial Solutions LLC increased its stake in shares of Palo Alto Networks by 6.0% in the second quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company's stock worth $900,000 after acquiring an additional 249 shares during the period. Institutional investors and hedge funds own 79.82% of the company's stock.

Palo Alto Networks Stock Performance

PANW opened at $279.62 on Monday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a market cap of $227.89 billion, a price-to-earnings ratio of 229.20, a PEG ratio of 10.38 and a beta of 0.94. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $302.95. The firm's fifty day simple moving average is $216.44 and its two-hundred day simple moving average is $189.26.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company's revenue was up 31.1% compared to the same quarter last year. During the same period last year, the firm posted $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. Equities analysts anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Analyst Ratings Changes

PANW has been the topic of a number of research reports. Capital One Financial increased their price objective on shares of Palo Alto Networks from $168.00 to $248.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 19th. New Street Research cut their price objective on shares of Palo Alto Networks from $240.00 to $220.00 and set a "buy" rating on the stock in a research note on Thursday, February 19th. Benchmark increased their price objective on shares of Palo Alto Networks from $270.00 to $340.00 and gave the stock a "buy" rating in a research note on Wednesday, June 3rd. BTIG Research increased their price objective on shares of Palo Alto Networks from $268.00 to $333.00 and gave the stock a "buy" rating in a research note on Wednesday, June 3rd. Finally, Oppenheimer increased their price objective on shares of Palo Alto Networks from $275.00 to $350.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Palo Alto Networks currently has an average rating of "Moderate Buy" and an average price target of $306.59.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 62,904 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the transaction, the executive vice president directly owned 235,983 shares of the company's stock, valued at $61,037,002.95. This trade represents a 21.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Nikesh Arora acquired 68,085 shares of the firm's stock in a transaction on Friday, March 27th. The shares were bought at an average cost of $146.87 per share, for a total transaction of $9,999,643.95. Following the completion of the acquisition, the chief executive officer owned 343,394 shares of the company's stock, valued at approximately $50,434,276.78. This represents a 24.73% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders sold 81,044 shares of company stock valued at $20,424,722. Insiders own 1.40% of the company's stock.

Palo Alto Networks 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.

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