Wagner Wealth Management LLC Buys 81 Shares of Palo Alto Networks, Inc. $PANW

Wagner Wealth Management LLC increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 6.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,372 shares of the network technology company’s stock after purchasing an additional 81 shares during the period. Wagner Wealth Management LLC’s holdings in Palo Alto Networks were worth $281,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. HWG Holdings LP purchased a new position in shares of Palo Alto Networks during the first quarter valued at approximately $31,000. Dagco Inc. purchased a new stake in Palo Alto Networks in the 1st quarter valued at $33,000. Marshall & Sullivan Inc. WA acquired a new stake in Palo Alto Networks during the second quarter worth approximately $41,000. WPG Advisers LLC acquired a new position in Palo Alto Networks during the 1st quarter worth $37,000. Finally, Strategic Investment Solutions Inc. IL raised its holdings in shares of Palo Alto Networks by 58.9% in the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after purchasing an additional 83 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value 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 approximately $56,119,152.78. This represents a 75.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Nir Zuk sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the transaction, the executive vice president directly owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. This represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,415,030 shares of company stock worth $279,198,494. Company insiders own 2.50% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on PANW shares. Stephens reiterated an “equal weight” rating and issued a $205.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Barclays reaffirmed an “overweight” rating and set a $215.00 price target (up from $210.00) on shares of Palo Alto Networks in a report on Tuesday, August 19th. BMO Capital Markets lifted their price target on Palo Alto Networks from $217.00 to $225.00 and gave the company an “outperform” rating in a report on Tuesday, August 19th. Rosenblatt Securities decreased their price objective on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a report on Thursday, August 14th. Finally, DA Davidson reiterated a “buy” rating and set a $215.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Thirty research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $214.64.

Palo Alto Networks Stock Up 0.1%

PANW opened at $202.37 on Friday. The firm has a market cap of $135.37 billion, a P/E ratio of 126.09, a P/E/G ratio of 4.82 and a beta of 0.98. The business has a fifty day simple moving average of $189.58 and a 200-day simple moving average of $187.40. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $210.39.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.06. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business’s quarterly revenue was up 15.8% on a year-over-year basis. During the same period last year, the company posted $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. Sell-side analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

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.