Palo Alto Networks, Inc. $PANW Shares Purchased by Venture Visionary Partners LLC

Key Points

• Venture Visionary Partners LLC increased its holdings in Palo Alto Networks by 7.0%, now owning 46,714 shares valued at approximately $9.56 million.
• Analysts maintain a positive outlook on Palo Alto Networks with a consensus rating of "Moderate Buy" and an average price target of $214.64 for the stock.
• Palo Alto Networks reported a 15.8% year-over-year increase in quarterly revenue, achieving $2.54 billion against expectations of $2.50 billion.

Venture Visionary Partners LLC boosted its position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 7.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 46,714 shares of the network technology company's stock after purchasing an additional 3,071 shares during the quarter. Venture Visionary Partners LLC's holdings in Palo Alto Networks were worth $9,560,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. St. Clair Advisors LLC grew its holdings in Palo Alto Networks by 0.3% in the 2nd quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company's stock valued at $3,233,000 after buying an additional 50 shares during the period. Csenge Advisory Group grew its holdings in Palo Alto Networks by 2.4% in the 1st quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company's stock valued at $381,000 after buying an additional 53 shares during the period. GSG Advisors LLC grew its holdings in Palo Alto Networks by 0.4% in the 1st quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company's stock valued at $2,154,000 after buying an additional 54 shares during the period. SYM FINANCIAL Corp grew its holdings in Palo Alto Networks by 1.4% in the 1st quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company's stock valued at $691,000 after buying an additional 55 shares during the period. Finally, Investment Advisory Services Inc. TX ADV grew its holdings in Palo Alto Networks by 4.6% in the 2nd quarter. Investment Advisory Services Inc. TX ADV now owns 1,257 shares of the network technology company's stock valued at $257,000 after buying an additional 55 shares during the period. Institutional investors and hedge funds own 79.82% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. Royal Bank Of Canada restated an "outperform" rating and issued a $232.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. New Street Research lifted their price target on Palo Alto Networks from $235.00 to $240.00 and gave the company a "buy" rating in a report on Friday, September 12th. Wedbush restated an "outperform" rating and issued a $225.00 price target on shares of Palo Alto Networks in a report on Monday, September 15th. Tigress Financial began coverage on Palo Alto Networks in a report on Friday. They issued a "buy" rating and a $245.00 price target for the company. Finally, Morgan Stanley boosted their target price on Palo Alto Networks from $210.00 to $216.00 and gave the stock an "overweight" rating in a report on Tuesday, September 2nd. Thirty equities 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's stock. According to MarketBeat, Palo Alto Networks presently has a consensus rating of "Moderate Buy" and an average price target of $214.64.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of the company's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $184.20, for a total value of $128,940.00. Following the completion of the transaction, the chief accounting officer owned 37,723 shares in the company, valued at $6,948,576.60. This represents a 1.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the company's stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the transaction, the executive vice president owned 96,135 shares of the company's stock, valued at approximately $19,629,805.65. This represents a 4.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,415,030 shares of company stock worth $279,198,494 over the last 90 days. 2.50% of the stock is owned by corporate insiders.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $202.37 on Monday. The stock has a market capitalization of $135.37 billion, a P/E ratio of 126.09, a PEG ratio of 4.82 and a beta of 0.98. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $210.39. The stock has a 50-day simple moving average of $189.58 and a 200-day simple moving average of $187.47.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released 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 firm had revenue of $2.54 billion during the quarter, compared to analysts' expectations of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.Palo Alto Networks's quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter in the prior 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. Analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

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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