Naples Global Advisors LLC Makes New Investment in Palo Alto Networks, Inc. $PANW

Naples Global Advisors LLC acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 1,162 shares of the network technology company’s stock, valued at approximately $238,000.

Other hedge funds have also modified their holdings of the company. Pure Financial Advisors LLC increased its holdings in shares of Palo Alto Networks by 29.0% in the 2nd quarter. Pure Financial Advisors LLC now owns 1,741 shares of the network technology company’s stock valued at $356,000 after acquiring an additional 391 shares during the period. Robeco Institutional Asset Management B.V. grew its position in Palo Alto Networks by 95.3% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 854,053 shares of the network technology company’s stock worth $174,773,000 after purchasing an additional 416,822 shares during the last quarter. Clarity Financial LLC increased its stake in Palo Alto Networks by 74.5% in the second quarter. Clarity Financial LLC now owns 109,395 shares of the network technology company’s stock valued at $22,387,000 after purchasing an additional 46,699 shares during the period. BSW Wealth Partners boosted its stake in shares of Palo Alto Networks by 33.2% during the second quarter. BSW Wealth Partners now owns 2,389 shares of the network technology company’s stock worth $489,000 after buying an additional 595 shares during the period. Finally, Woodward Diversified Capital LLC grew its holdings in shares of Palo Alto Networks by 11.7% during the second quarter. Woodward Diversified Capital LLC now owns 4,402 shares of the network technology company’s stock worth $901,000 after buying an additional 462 shares during the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on PANW. Bank of America raised Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 price objective for the company in a research note on Tuesday, August 19th. JMP Securities reissued a “market outperform” rating and issued a $212.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Rosenblatt Securities cut their price objective on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a research report on Thursday, August 14th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $223.00 target price on shares of Palo Alto Networks in a report on Friday, August 15th. Finally, UBS Group set a $245.00 price target on shares of Palo Alto Networks in a report on Friday, September 26th. Thirty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average price target of $214.64.

Palo Alto Networks Stock Down 1.0%

NASDAQ:PANW opened at $207.19 on Friday. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $212.10. The stock has a fifty day simple moving average of $190.20 and a 200-day simple moving average of $188.20. The company has a market capitalization of $138.59 billion, a PE ratio of 129.09, a price-to-earnings-growth ratio of 4.98 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data 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. The firm had revenue of $2.54 billion for 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 firm’s revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the company earned $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. As a group, equities analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Activity

In other news, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction on Tuesday, September 23rd. The stock was 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 of the company’s stock, valued at $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction on Monday, August 4th. The shares were sold at an average price of $171.58, for a total value of $20,722,402.92. Following the completion of the sale, the executive vice president owned 206,718 shares in the company, valued at $35,468,674.44. This represents a 36.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,315,130 shares of company stock worth $259,351,606. 2.50% of the stock is owned by corporate insiders.

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.