Tyche Wealth Partners LLC Grows Stock Position in Palo Alto Networks, Inc. $PANW

Key Points

• Tyche Wealth Partners LLC increased its stake in Palo Alto Networks by 28.2%, now holding 10,073 shares valued at approximately $2.06 million as of the end of the second quarter.
• CEO Nikesh Arora recently sold 846,408 shares of Palo Alto Networks stock for over $172 million, reducing his ownership by 75.48%.
• Palo Alto Networks stock has seen strong analyst support, with 30 analysts rating it as a Buy, and a recent price target set at an average of $214.64.

Tyche Wealth Partners LLC boosted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 28.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,073 shares of the network technology company's stock after buying an additional 2,217 shares during the period. Tyche Wealth Partners LLC's holdings in Palo Alto Networks were worth $2,061,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of PANW. Brighton Jones LLC increased its stake in Palo Alto Networks by 147.7% during the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock worth $1,230,000 after buying an additional 4,031 shares in the last quarter. Bison Wealth LLC increased its stake in Palo Alto Networks by 169.1% during the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company's stock worth $948,000 after buying an additional 3,275 shares in the last quarter. Sivia Capital Partners LLC increased its stake in Palo Alto Networks by 54.2% during the 1st quarter. Sivia Capital Partners LLC now owns 2,095 shares of the network technology company's stock worth $357,000 after buying an additional 736 shares in the last quarter. Wedmont Private Capital increased its stake in Palo Alto Networks by 15.4% during the 1st quarter. Wedmont Private Capital now owns 10,283 shares of the network technology company's stock worth $1,731,000 after buying an additional 1,369 shares in the last quarter. Finally, Miracle Mile Advisors LLC boosted its holdings in shares of Palo Alto Networks by 37.2% during the 1st quarter. Miracle Mile Advisors LLC now owns 16,504 shares of the network technology company's stock worth $2,816,000 after purchasing an additional 4,479 shares during the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Palo Alto Networks

In other news, CEO Nikesh Arora sold 846,408 shares of the firm's stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the transaction, the chief executive officer directly owned 275,013 shares in the company, valued at $56,119,152.78. This trade represents a 75.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 96,135 shares of the company's stock, valued at $19,629,805.65. This represents a 4.94% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,194,356 shares of company stock valued at $235,092,941. Corporate insiders own 2.50% of the company's stock.

Palo Alto Networks Stock Up 2.6%

NASDAQ:PANW opened at $212.58 on Tuesday. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $213.85. The stock's fifty day moving average is $190.36 and its two-hundred day moving average is $188.45. The stock has a market capitalization of $142.19 billion, a price-to-earnings ratio of 132.45, a price-to-earnings-growth ratio of 4.93 and a beta of 0.98.

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 EPS for the quarter, topping 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 business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same period last year, the business posted $0.75 earnings per share. The company's quarterly revenue was up 15.8% on a year-over-year basis. 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, sell-side analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on PANW shares. Bank of America upgraded Palo Alto Networks from a "neutral" rating to a "buy" rating and set a $215.00 target price on the stock in a report on Tuesday, August 19th. Cantor Fitzgerald restated an "overweight" rating and set a $223.00 target price on shares of Palo Alto Networks in a report on Friday, August 15th. JMP Securities restated a "market outperform" rating and set a $212.00 target price on shares of Palo Alto Networks in a report on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the company an "outperform" rating in a report on Tuesday, August 19th. Finally, New Street Research upped their price objective on Palo Alto Networks from $235.00 to $240.00 and gave the company a "buy" rating in a report on Friday, September 12th. Thirty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $214.64.

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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