Anchor Investment Management LLC Has $44,000 Stake in Palo Alto Networks, Inc. $PANW

Anchor Investment Management LLC lifted its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 64.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 256 shares of the network technology company’s stock after buying an additional 100 shares during the quarter. Anchor Investment Management LLC’s holdings in Palo Alto Networks were worth $44,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Glenview Trust co grew its position in shares of Palo Alto Networks by 3.8% during the 1st quarter. Glenview Trust co now owns 9,545 shares of the network technology company’s stock worth $1,629,000 after buying an additional 353 shares during the period. Ilmarinen Mutual Pension Insurance Co grew its position in shares of Palo Alto Networks by 10.0% during the 1st quarter. Ilmarinen Mutual Pension Insurance Co now owns 110,000 shares of the network technology company’s stock worth $18,770,000 after buying an additional 10,000 shares during the period. Plato Investment Management Ltd grew its position in shares of Palo Alto Networks by 13.0% during the 1st quarter. Plato Investment Management Ltd now owns 10,880 shares of the network technology company’s stock worth $1,877,000 after buying an additional 1,251 shares during the period. Advisory Alpha LLC grew its position in shares of Palo Alto Networks by 22.0% during the 1st quarter. Advisory Alpha LLC now owns 2,259 shares of the network technology company’s stock worth $385,000 after buying an additional 407 shares during the period. Finally, Alaethes Wealth LLC grew its position in shares of Palo Alto Networks by 0.5% during the 1st quarter. Alaethes Wealth LLC now owns 17,402 shares of the network technology company’s stock worth $2,970,000 after buying an additional 80 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Stock Up 0.5%

Palo Alto Networks stock opened at $198.33 on Friday. The stock has a market capitalization of $132.66 billion, a PE ratio of 123.57, a price-to-earnings-growth ratio of 4.71 and a beta of 0.98. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $210.39. The company has a 50 day moving average of $188.13 and a 200-day moving average of $185.88.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. The company 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 business’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Equities analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on PANW shares. Bank of America upgraded shares of Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 price objective for the company in a report on Tuesday, August 19th. DA Davidson restated a “buy” rating and set a $215.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. JMP Securities restated a “market outperform” rating and set a $212.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Needham & Company LLC restated a “buy” rating and set a $230.00 price objective on shares of Palo Alto Networks in a report on Wednesday, September 3rd. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Palo Alto Networks from $225.00 to $221.00 and set an “overweight” rating for the company in a report on Wednesday, May 21st. Twenty-eight equities research 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’s stock. According to data from MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus price target of $211.68.

Insider Activity at Palo Alto Networks

In other news, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total value of $23,081,119.14. Following the completion of the transaction, the executive vice president owned 177,954 shares in the company, valued at $34,008,788.94. This represents a 40.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Josh D. Paul sold 800 shares of the company’s stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $201.05, for a total transaction of $160,840.00. Following the completion of the transaction, the chief accounting officer owned 42,033 shares of the company’s stock, valued at $8,450,734.65. This trade represents a 1.87% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 569,422 shares of company stock worth $106,629,618 over the last ninety days. 2.50% of the stock is owned by corporate insiders.

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.