Palo Alto Networks, Inc. $PANW Shares Bought by Cyndeo Wealth Partners LLC

Key Points

• Cyndeo Wealth Partners LLC increased its holdings in Palo Alto Networks by 16.8%, owning a total of 16,038 shares worth approximately $3.3 million at the end of the second quarter.
• Palo Alto Networks reported a net margin of 12.30% and earnings per share (EPS) of $0.95 for the last quarter, surpassing analysts' expectations.
• Institutional investors collectively hold 79.82% of Palo Alto Networks' stock, indicating significant market confidence in the company.

Cyndeo Wealth Partners LLC boosted its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 16.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,038 shares of the network technology company's stock after acquiring an additional 2,312 shares during the period. Cyndeo Wealth Partners LLC's holdings in Palo Alto Networks were worth $3,282,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in PANW. HWG Holdings LP acquired a new position in Palo Alto Networks during the first quarter worth about $31,000. Dagco Inc. acquired a new position in shares of Palo Alto Networks in the first quarter valued at approximately $33,000. WPG Advisers LLC acquired a new position in shares of Palo Alto Networks in the first quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL raised its position in shares of Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company's stock valued at $38,000 after buying an additional 83 shares during the last quarter. Finally, Stonebridge Financial Group LLC raised its position in shares of Palo Alto Networks by 46.8% in the first quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company's stock valued at $40,000 after buying an additional 74 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company's stock.

Palo Alto Networks Stock Performance

Palo Alto Networks stock opened at $215.17 on Friday. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $217.94. The firm has a 50 day moving average price of $192.23 and a 200 day moving average price of $189.02. The company has a market cap of $143.93 billion, a price-to-earnings ratio of 134.06, a PEG ratio of 5.18 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 firm had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the previous year, the firm earned $0.75 earnings per share. Palo Alto Networks's revenue 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. Sell-side analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, EVP Nir Zuk sold 100,000 shares of the business'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 transaction of $17,280,000.00. Following the completion of the sale, the executive vice president directly owned 3,143,516 shares in the company, valued at $543,199,564.80. The trade was a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Josh D. Paul sold 700 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total transaction of $141,512.00. Following the sale, the chief accounting officer owned 32,474 shares of the company's stock, valued at approximately $6,564,943.84. This represents a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,315,130 shares of company stock valued at $260,687,367 over the last quarter. Company insiders own 2.50% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Stephens reissued an "equal weight" rating and issued a $205.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. KeyCorp lowered shares of Palo Alto Networks from an "overweight" rating to a "sector weight" rating in a research report on Thursday, July 31st. UBS Group set a $245.00 price objective on shares of Palo Alto Networks in a research report on Friday, September 26th. Rosenblatt Securities cut their price objective on shares of 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. Finally, Piper Sandler raised shares of Palo Alto Networks from a "neutral" rating to an "overweight" rating and boosted their price objective for the company from $200.00 to $225.00 in a research report on Tuesday, August 12th. Twenty-eight investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Palo Alto Networks has a consensus rating of "Moderate Buy" and an average price target of $214.95.

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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