Signature Estate & Investment Advisors LLC Acquires Shares of 1,569 Palo Alto Networks, Inc. $PANW

Key Points

• Signature Estate & Investment Advisors LLC acquired 1,569 shares of Palo Alto Networks, valued at approximately $321,000, in the second quarter, marking a significant investment by the firm.
• Several major hedge funds, including Nuveen LLC and Goldman Sachs Group Inc., have significantly increased their stakes in Palo Alto Networks during the first and second quarters.
• Palo Alto Networks reported an earnings per share (EPS) of $0.95 for the recent quarter, surpassing expectations, and has set its FY 2026 guidance at 3.750-3.850 EPS.

Signature Estate & Investment Advisors LLC acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,569 shares of the network technology company's stock, valued at approximately $321,000.

Other hedge funds also recently bought and sold shares of the company. Nuveen LLC acquired a new stake in shares of Palo Alto Networks during the 1st quarter worth approximately $810,047,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Palo Alto Networks during the 2nd quarter worth approximately $633,068,000. Goldman Sachs Group Inc. increased its holdings in shares of Palo Alto Networks by 41.9% during the 1st 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 last quarter. Price T Rowe Associates Inc. MD increased its holdings in shares of Palo Alto Networks by 77.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company's stock worth $662,000,000 after buying an additional 1,688,432 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings 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 buying an additional 1,541,637 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company's stock.

Insider Buying and Selling at Palo Alto Networks

In related news, 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 sale, the executive vice president directly owned 96,135 shares in the company, valued at $19,629,805.65. This trade represents a 4.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction on Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the sale, the executive vice president owned 3,143,516 shares in the company, valued at $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 quarter, insiders sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is currently owned by company insiders.

Palo Alto Networks Trading Up 1.9%

Palo Alto Networks stock opened at $211.82 on Tuesday. The stock has a market cap of $141.69 billion, a P/E ratio of 131.98, a price-to-earnings-growth ratio of 4.94 and a beta of 0.98. The company has a fifty day simple moving average of $197.67 and a 200-day simple moving average of $191.00. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $217.94.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. The business had revenue of $2.54 billion during the quarter, compared to analysts' expectations of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company'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 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, sell-side analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PANW has been the subject of several research reports. UBS Group set a $245.00 target price on shares of Palo Alto Networks in a report on Friday, September 26th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Palo Alto Networks in a report on Wednesday, October 8th. Sanford C. Bernstein set a $207.00 target price on shares of Palo Alto Networks and gave the company an "outperform" rating in a report on Tuesday, August 19th. Bank of America upgraded shares of Palo Alto Networks from a "neutral" rating to a "buy" rating and set a $215.00 target price for the company in a report on Tuesday, August 19th. Finally, Truist Financial set a $220.00 target price on shares of Palo Alto Networks and gave the company a "buy" rating in a report on Tuesday, August 19th. Thirty analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $216.60.

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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