Palo Alto Networks, Inc. $PANW Shares Acquired by Lyell Wealth Management LP

Key Points

• Lyell Wealth Management LP increased its stake in Palo Alto Networks by 2.6% during the second quarter, now holding 164,836 shares valued at approximately $33.7 million.
• Palo Alto Networks reported a quarterly EPS of $0.95, surpassing analysts' expectations, with a revenue growth of 15.8% compared to the same quarter last year.
• Insiders have sold over **1.3 million shares** of Palo Alto Networks stock recently, indicating significant movement in executive holdings amid continued institutional interest.

Lyell Wealth Management LP boosted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 2.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 164,836 shares of the network technology company's stock after buying an additional 4,166 shares during the period. Palo Alto Networks accounts for 2.7% of Lyell Wealth Management LP's investment portfolio, making the stock its 6th largest position. Lyell Wealth Management LP's holdings in Palo Alto Networks were worth $33,732,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Palo Alto Networks in the first quarter valued at about $261,000. Strive Asset Management LLC increased its holdings 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 worth $358,000 after buying an additional 299 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of Palo Alto Networks by 10.8% during the 1st quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company's stock worth $2,410,000 after buying an additional 1,374 shares during the last quarter. Avity Investment Management Inc. increased its holdings in shares of Palo Alto Networks by 37.9% during the 2nd quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company's stock worth $37,181,000 after buying an additional 49,971 shares during the last quarter. Finally, Czech National Bank increased its holdings in shares of Palo Alto Networks by 6.4% during the 2nd quarter. Czech National Bank now owns 161,840 shares of the network technology company's stock worth $33,119,000 after buying an additional 9,766 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company's stock.

Palo Alto Networks Stock Performance

NASDAQ PANW opened at $207.89 on Monday. The firm has a 50 day simple moving average of $196.80 and a 200-day simple moving average of $190.59. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $217.94. The firm has a market cap of $139.06 billion, a price-to-earnings ratio of 129.53, a PEG ratio of 4.94 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its quarterly earnings data 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. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter last year, the firm posted $0.75 earnings per share. The business's revenue for the quarter was up 15.8% compared to the same quarter last year. 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 analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Nir Zuk sold 100,000 shares of the firm's stock in a transaction that occurred 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 owned 3,143,516 shares of the company's stock, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Lee Klarich sold 120,774 shares of the firm's stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the completion of the transaction, the executive vice president directly owned 149,190 shares of the company's stock, valued at approximately $31,616,344.80. The trade was a 44.74% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,315,130 shares of company stock valued at $260,687,367. 2.50% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PANW. BMO Capital Markets raised their price target on shares of Palo Alto Networks from $217.00 to $225.00 and gave the stock an "outperform" rating in a report on Tuesday, August 19th. KeyCorp downgraded shares of Palo Alto Networks from an "overweight" rating to a "sector weight" rating in a report on Thursday, July 31st. Scotiabank increased their target price on shares of Palo Alto Networks from $225.00 to $228.00 and gave the stock a "sector outperform" rating in a research note on Tuesday, August 19th. Rosenblatt Securities lowered their target price on shares of Palo Alto Networks from $235.00 to $215.00 and set a "buy" rating for the company in a research note on Thursday, August 14th. Finally, BTIG Research raised shares of Palo Alto Networks from a "neutral" rating to a "buy" rating in a research note on Monday, October 13th. Thirty research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $216.60.

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.

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