Palo Alto Networks, Inc. $PANW Shares Purchased by Linden Thomas Advisory Services LLC

Key Points

• Linden Thomas Advisory Services LLC increased its holdings in Palo Alto Networks by 22.5%, owning 30,246 shares valued at approximately $6.19 million as of the latest SEC filing.
• Palo Alto Networks reported a quarterly earnings of $0.95 per share, surpassing analysts' expectations, and generated revenue of $2.54 billion, a 15.8% increase year-over-year.
• Institutional investors and hedge funds own 79.82% of Palo Alto Networks, indicating strong market confidence in the company's prospects.

Linden Thomas Advisory Services LLC raised its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 22.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,246 shares of the network technology company's stock after acquiring an additional 5,549 shares during the quarter. Palo Alto Networks accounts for about 0.7% of Linden Thomas Advisory Services LLC's portfolio, making the stock its 16th biggest holding. Linden Thomas Advisory Services LLC's holdings in Palo Alto Networks were worth $6,190,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Briaud Financial Planning Inc acquired a new stake in Palo Alto Networks during the second quarter valued at approximately $28,000. Dagco Inc. acquired a new stake in shares of Palo Alto Networks during the 1st quarter valued at $33,000. WPG Advisers LLC bought a new stake in shares of Palo Alto Networks during the 1st quarter worth $37,000. Strategic Investment Solutions Inc. IL grew its holdings in shares of Palo Alto Networks by 58.9% in the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company's stock worth $38,000 after acquiring 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% during the first quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company's stock worth $40,000 after purchasing an additional 74 shares during the period. Institutional investors and hedge funds own 79.82% of the company's stock.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW traded up $2.09 during midday trading on Friday, hitting $217.11. 3,436,216 shares of the stock were exchanged, compared to its average volume of 4,826,000. The business's fifty day simple moving average is $200.79 and its two-hundred day simple moving average is $192.18. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $218.23. The company has a market capitalization of $145.22 billion, a PE ratio of 135.27, a P/E/G ratio of 5.11 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.06. The company 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 last 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, equities analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Buying and Selling

In other Palo Alto Networks 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 transaction, the executive vice president directly owned 149,190 shares of the company's stock, valued at $31,616,344.80. This represents a 44.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Josh D. Paul sold 700 shares of the firm's stock in a transaction dated Wednesday, October 1st. The shares were 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 in the company, valued at approximately $6,564,943.84. This trade represents a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,315,130 shares of company stock valued at $260,687,367. 2.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on PANW. UBS Group set a $245.00 price target on Palo Alto Networks in a research report on Friday, September 26th. Tigress Financial started coverage on shares of Palo Alto Networks in a research report on Friday, September 26th. They issued a "buy" rating and a $245.00 target price on the stock. Westpark Capital restated a "hold" rating on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 price objective on shares of Palo Alto Networks and gave the stock an "outperform" rating in a research report on Tuesday, August 19th. Finally, Rosenblatt Securities cut their target price on shares of Palo Alto Networks from $235.00 to $215.00 and set a "buy" rating on the stock in a research note on Thursday, August 14th. Thirty investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $217.22.

Palo Alto Networks 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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