Palo Alto Networks, Inc. $PANW Shares Bought by Koshinski Asset Management Inc.

Key Points

• Koshinski Asset Management Inc. increased its stake in Palo Alto Networks, Inc. by 26.6%, acquiring a total of 9,635 shares valued at approximately $1.97 million.
• Insider sales included EVP Lee Klarich selling over 120,000 shares for approximately $25.6 million, resulting in a significant reduction of his ownership.
• Palo Alto Networks has received various analyst ratings, with an average recommendation of "Moderate Buy" and a target price of $216.60.

Koshinski Asset Management Inc. grew its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 26.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,635 shares of the network technology company's stock after purchasing an additional 2,025 shares during the period. Koshinski Asset Management Inc.'s holdings in Palo Alto Networks were worth $1,972,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. HWG Holdings LP purchased a new position in Palo Alto Networks in the 1st quarter valued at approximately $31,000. Dagco Inc. acquired a new stake in shares of Palo Alto Networks in the first quarter valued at $33,000. Marshall & Sullivan Inc. WA acquired a new stake in shares of Palo Alto Networks in the second quarter valued at $41,000. WPG Advisers LLC purchased a new position in Palo Alto Networks in the first quarter valued at $37,000. Finally, Strategic Investment Solutions Inc. IL grew its stake in Palo Alto Networks by 58.9% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company's stock worth $38,000 after purchasing an additional 83 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on PANW. KeyCorp lowered Palo Alto Networks from an "overweight" rating to a "sector weight" rating in a research report on Thursday, July 31st. Westpark Capital reaffirmed a "hold" rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. Truist Financial set a $220.00 price target on shares of Palo Alto Networks and gave the stock a "buy" rating in a research note on Tuesday, August 19th. Piper Sandler raised shares of Palo Alto Networks from a "neutral" rating to an "overweight" rating and increased their price objective for the company from $200.00 to $225.00 in a research report on Tuesday, August 12th. Finally, Wedbush restated an "outperform" rating and issued a $225.00 price objective on shares of Palo Alto Networks in a report on Monday, September 15th. Thirty research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $216.60.

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Lee Klarich sold 120,774 shares of the stock in a transaction 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 sale, the executive vice president owned 149,190 shares in the company, valued at $31,616,344.80. This represents a 44.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the completion of the transaction, the executive vice president owned 96,135 shares in the company, valued at approximately $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,315,130 shares of company stock valued at $260,687,367. 2.50% of the stock is owned by company insiders.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $207.89 on Friday. The stock's 50-day moving average is $196.80 and its two-hundred day moving average is $190.41. 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, Inc. has a 1 year low of $144.15 and a 1 year high of $217.94.

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

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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