QTR Family Wealth LLC Takes Position in Palo Alto Networks, Inc. $PANW

QTR Family Wealth LLC acquired a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,283 shares of the network technology company’s stock, valued at approximately $263,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Palo Alto Networks in the 1st quarter valued at $261,000. Strive Asset Management LLC raised its stake in Palo Alto Networks by 16.6% during the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock worth $358,000 after buying an additional 299 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Palo Alto Networks by 10.8% in the first quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock valued at $2,410,000 after buying an additional 1,374 shares during the period. Czech National Bank boosted its position in Palo Alto Networks by 6.4% during the second quarter. Czech National Bank now owns 161,840 shares of the network technology company’s stock valued at $33,119,000 after acquiring an additional 9,766 shares during the last quarter. Finally, Avity Investment Management Inc. grew its holdings in Palo Alto Networks by 37.9% during the 2nd quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company’s stock worth $37,181,000 after acquiring an additional 49,971 shares during the period. 79.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Stephens restated an “equal weight” rating and set a $205.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Morgan Stanley increased their price target on Palo Alto Networks from $210.00 to $216.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. JMP Securities reaffirmed a “market outperform” rating and set a $212.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. BMO Capital Markets boosted their target price on shares of Palo Alto Networks from $217.00 to $225.00 and gave the company an “outperform” rating in a research report on Tuesday, August 19th. Finally, Truist Financial set a $220.00 price target on shares of Palo Alto Networks and gave the stock a “buy” rating in a report on Tuesday, August 19th. Thirty research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus target price of $214.64.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value 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. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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 completion of the sale, the executive vice president directly owned 3,143,516 shares in the company, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,314,430 shares of company stock valued at $259,210,094 in the last 90 days. 2.50% of the stock is currently owned by company insiders.

Palo Alto Networks Stock Down 0.2%

Shares of NASDAQ PANW opened at $203.62 on Wednesday. The company has a market capitalization of $136.20 billion, a PE ratio of 126.87, a PEG ratio of 4.86 and a beta of 0.98. The stock’s 50 day moving average price is $189.80 and its 200-day moving average price is $187.74. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $210.39.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same period last year, the business posted $0.75 earnings per share. Palo Alto Networks’s 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. As a group, research analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

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.