Talon Private Wealth LLC Has $1.20 Million Stake in Palo Alto Networks, Inc. $PANW

Key Points

• Talon Private Wealth LLC increased its stake in Palo Alto Networks by 50.4%, holding approximately $1.20 million in shares after purchasing an additional 2,303 shares.
• Recent insider transactions include EVP Dipak Golechha selling 5,000 shares for over $1 million and EVP Lee Klarich selling 120,774 shares for approximately $23 million, indicating significant trading activity among company executives.
• Palo Alto Networks has seen a general positive sentiment from analysts, with a majority giving the stock a Buy rating and an average price target of around $211.68.

Talon Private Wealth LLC boosted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 50.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,872 shares of the network technology company's stock after purchasing an additional 2,303 shares during the quarter. Talon Private Wealth LLC's holdings in Palo Alto Networks were worth $1,201,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of PANW. Capital A Wealth Management LLC bought a new stake in shares of Palo Alto Networks in the fourth quarter worth about $29,000. HWG Holdings LP bought a new stake in shares of Palo Alto Networks in the first quarter worth about $31,000. Dagco Inc. bought a new stake in shares of Palo Alto Networks in the first quarter worth about $33,000. SWAN Capital LLC increased its holdings in shares of Palo Alto Networks by 100.0% in the fourth quarter. SWAN Capital LLC now owns 200 shares of the network technology company's stock worth $36,000 after acquiring an additional 100 shares in the last quarter. Finally, WPG Advisers LLC bought a new stake in shares of Palo Alto Networks in the first quarter worth about $37,000. 79.82% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Lee Klarich sold 120,774 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the completion of the transaction, the executive vice president directly owned 177,954 shares of the company's stock, valued at approximately $34,008,788.94. This represents a 40.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $201.85, for a total value of $1,009,250.00. Following the transaction, the executive vice president directly owned 101,135 shares of the company's stock, valued at $20,414,099.75. This trade represents a 4.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 569,422 shares of company stock valued at $106,629,618. 2.50% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Westpark Capital restated a "hold" rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. JPMorgan Chase & Co. lowered their price target on Palo Alto Networks from $225.00 to $221.00 and set an "overweight" rating for the company in a report on Wednesday, May 21st. Cantor Fitzgerald restated an "overweight" rating and issued a $223.00 price target on shares of Palo Alto Networks in a report on Friday, August 15th. BMO Capital Markets increased their price objective on Palo Alto Networks from $217.00 to $225.00 and gave the stock an "outperform" rating in a report on Tuesday, August 19th. Finally, Jefferies Financial Group set a $235.00 price objective on Palo Alto Networks in a report on Tuesday, July 29th. Twenty-eight 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. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $211.68.

Palo Alto Networks Stock Up 1.5%

Shares of NASDAQ:PANW traded up $2.92 during mid-day trading on Monday, reaching $197.38. 5,498,529 shares of the stock were exchanged, compared to its average volume of 9,100,238. The company has a market cap of $132.03 billion, a P/E ratio of 122.98, a P/E/G ratio of 4.64 and a beta of 0.98. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $210.39. The stock's 50 day simple moving average is $188.19 and its 200-day simple moving average is $185.67.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm had revenue of $2.54 billion during the quarter, compared to analysts' expectations of $2.50 billion. During the same period in the prior year, the firm posted $0.75 earnings per share. The business's quarterly revenue was up 15.8% compared to the same quarter last year. 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 anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

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.