Palo Alto Networks, Inc. $PANW Shares Bought by Abel Hall LLC

Abel Hall LLC increased its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 4.8% in the second quarter, Holdings Channel reports. The firm owned 1,520 shares of the network technology company’s stock after purchasing an additional 70 shares during the period. Abel Hall LLC’s holdings in Palo Alto Networks were worth $311,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. St. Clair Advisors LLC lifted its stake in Palo Alto Networks by 0.3% during the 2nd quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock valued at $3,233,000 after acquiring an additional 50 shares during the period. Csenge Advisory Group lifted its stake in Palo Alto Networks by 2.4% during the 1st quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock valued at $381,000 after acquiring an additional 53 shares during the period. TFG Advisers LLC lifted its stake in Palo Alto Networks by 1.1% during the 2nd quarter. TFG Advisers LLC now owns 4,668 shares of the network technology company’s stock valued at $955,000 after acquiring an additional 53 shares during the period. GSG Advisors LLC lifted its stake in Palo Alto Networks by 0.4% during the 1st quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock valued at $2,154,000 after acquiring an additional 54 shares during the period. Finally, SYM FINANCIAL Corp lifted its stake in Palo Alto Networks by 1.4% during the 1st quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company’s stock valued at $691,000 after acquiring an additional 55 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total value of $141,512.00. Following the completion of the sale, the chief accounting officer owned 32,474 shares of the company’s stock, valued at approximately $6,564,943.84. The trade was a 2.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 transaction of $1,020,950.00. Following the completion of the sale, the executive vice president directly owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. The trade was a 4.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,315,130 shares of company stock worth $260,687,367 in the last 90 days. 2.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on PANW. KeyCorp cut shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 31st. Piper Sandler upgraded shares of Palo Alto Networks from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $200.00 to $225.00 in a research note on Tuesday, August 12th. Jefferies Financial Group set a $235.00 target price on shares of Palo Alto Networks in a research note on Tuesday, July 29th. 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 note on Tuesday, August 19th. Finally, Morgan Stanley boosted their target price on shares of Palo Alto Networks from $210.00 to $216.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. Twenty-eight equities research 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.com, the company has an average rating of “Moderate Buy” and an average price target of $214.95.

Palo Alto Networks Stock Performance

Shares of NASDAQ PANW opened at $217.79 on Thursday. The firm has a market cap of $145.68 billion, a PE ratio of 135.69, a PEG ratio of 5.02 and a beta of 0.98. The firm has a fifty day moving average of $191.40 and a 200 day moving average of $188.81. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $217.94.

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, topping the consensus estimate of $0.89 by $0.06. The company had revenue of $2.54 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. On average, equities analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal 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.