1,247 Shares in Palo Alto Networks, Inc. $PANW Bought by Yarger Wealth Strategies LLC

Yarger Wealth Strategies LLC purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,247 shares of the network technology company’s stock, valued at approximately $255,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. HWG Holdings LP acquired a new stake in Palo Alto Networks during the 1st quarter worth $31,000. Dagco Inc. acquired a new stake in Palo Alto Networks during the 1st quarter worth $33,000. WPG Advisers LLC acquired a new stake in Palo Alto Networks during the 1st quarter worth $37,000. Strategic Investment Solutions Inc. IL raised its stake in Palo Alto Networks by 58.9% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after acquiring an additional 83 shares in the last quarter. Finally, Stonebridge Financial Group LLC raised its stake in Palo Alto Networks by 46.8% during the 1st quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock worth $40,000 after acquiring an additional 74 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Westpark Capital restated a “hold” rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. UBS Group set a $245.00 price objective on shares of Palo Alto Networks in a research note on Friday, September 26th. Guggenheim lifted their price objective on shares of Palo Alto Networks from $130.00 to $135.00 and gave the company a “sell” rating in a research note on Tuesday, August 19th. JMP Securities restated 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. Finally, Rosenblatt Securities dropped their price objective on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a research note on Thursday, August 14th. Twenty-eight research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $214.95.

Insiders Place Their Bets

In other news, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the sale, the executive vice president owned 3,143,516 shares of the company’s stock, valued at $543,199,564.80. The trade was a 3.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction dated 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 sale, the executive vice president directly owned 96,135 shares in the company, valued at approximately $19,629,805.65. This represents a 4.94% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,315,130 shares of company stock valued at $260,687,367. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Down 3.1%

Shares of NASDAQ:PANW opened at $208.55 on Monday. The company has a market cap of $139.50 billion, a price-to-earnings ratio of 129.94, a PEG ratio of 4.96 and a beta of 0.98. The firm’s 50-day simple moving average is $192.94 and its 200-day simple moving average is $189.28. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $217.94.

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, beating the consensus estimate of $0.89 by $0.06. The business had revenue of $2.54 billion for the quarter, compared to the consensus estimate 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 previous year, the firm 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. On average, research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

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.