Palo Alto Networks, Inc. $PANW Shares Purchased by Elm3 Financial Group LLC

Key Points

• Elm3 Financial Group LLC increased its stake in Palo Alto Networks by 44.5% in Q2, holding 4,101 shares valued at $839,000.
• Palo Alto Networks reported a $0.95 EPS in its latest quarter, exceeding analysts' expectations, with revenues up by 15.8% year-over-year.
• Institutional investors own 79.82% of Palo Alto Networks, demonstrating strong interest and support from large financial entities.

Elm3 Financial Group LLC boosted its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 44.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,101 shares of the network technology company's stock after acquiring an additional 1,263 shares during the quarter. Elm3 Financial Group LLC's holdings in Palo Alto Networks were worth $839,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of PANW. Vanguard Group Inc. increased its position in shares of Palo Alto Networks by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company's stock worth $10,712,019,000 after purchasing an additional 1,541,637 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in Palo Alto Networks by 41.9% during the first quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company's stock worth $1,234,650,000 after buying an additional 2,134,735 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Palo Alto Networks by 16.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company's stock valued at $1,177,765,000 after acquiring an additional 950,765 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Palo Alto Networks in the 1st quarter valued at approximately $810,047,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Palo Alto Networks by 5.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,422,037 shares of the network technology company's stock worth $754,576,000 after acquiring an additional 219,111 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company's stock.

Palo Alto Networks Price Performance

PANW stock opened at $212.58 on Tuesday. The business's 50-day moving average is $190.36 and its two-hundred day moving average is $188.45. The firm has a market capitalization of $142.19 billion, a P/E ratio of 132.45, a P/E/G ratio of 4.93 and a beta of 0.98. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $213.85.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping analysts' consensus estimates 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 revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Buying and Selling

In related news, CAO Josh D. Paul sold 700 shares of the stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total value of $141,512.00. Following the transaction, the chief accounting officer owned 32,474 shares of the company's stock, valued at $6,564,943.84. This represents a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Nir Zuk sold 100,000 shares of the firm's stock in a transaction 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 sale, the executive vice president owned 3,143,516 shares in the company, valued at approximately $543,199,564.80. This represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,194,356 shares of company stock worth $235,092,941. Corporate insiders own 2.50% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on PANW. JMP Securities reiterated a "market outperform" rating and issued a $212.00 target price on shares of Palo Alto Networks in a report on Tuesday, August 19th. Cantor Fitzgerald restated an "overweight" rating and set a $223.00 price target on shares of Palo Alto Networks in a research report on Friday, August 15th. BMO Capital Markets boosted their price objective on Palo Alto Networks from $217.00 to $225.00 and gave the company an "outperform" rating in a report on Tuesday, August 19th. Guggenheim increased their target price on Palo Alto Networks from $130.00 to $135.00 and gave the stock a "sell" rating in a research note on Tuesday, August 19th. Finally, 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. Thirty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $214.64.

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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