Palo Alto Networks, Inc. $PANW Shares Acquired by St. Johns Investment Management Company LLC

St. Johns Investment Management Company LLC grew its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 19.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 4,235 shares of the network technology company’s stock after buying an additional 692 shares during the quarter. St. Johns Investment Management Company LLC’s holdings in Palo Alto Networks were worth $867,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of PANW. Dagco Inc. acquired a new stake in shares of Palo Alto Networks in the 1st quarter valued at approximately $33,000. WPG Advisers LLC acquired a new position in Palo Alto Networks during the first quarter worth $37,000. Strategic Investment Solutions Inc. IL raised its holdings in Palo Alto Networks by 58.9% during the first 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 during the last quarter. Stonebridge Financial Group LLC raised its holdings in Palo Alto Networks by 46.8% during the first quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock worth $40,000 after purchasing an additional 74 shares during the last quarter. Finally, Marshall & Sullivan Inc. WA acquired a new position in Palo Alto Networks during the second quarter worth $41,000. 79.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on PANW shares. UBS Group set a $245.00 price objective on Palo Alto Networks in a report on Friday, September 26th. Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the stock an “outperform” rating in a report on Tuesday, August 19th. Mizuho lifted their price objective on Palo Alto Networks from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Scotiabank lifted their price objective on Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a report on Tuesday, August 19th. Finally, New Street Research lifted their price objective on Palo Alto Networks from $235.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Thirty research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $217.22.

Palo Alto Networks Stock Up 1.2%

NASDAQ PANW opened at $214.40 on Wednesday. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $217.94. The stock has a market cap of $143.41 billion, a price-to-earnings ratio of 133.58, a price-to-earnings-growth ratio of 5.04 and a beta of 0.98. The business has a fifty day moving average of $198.45 and a 200-day moving average of $191.16.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping 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 analysts’ expectations of $2.50 billion. During the same period in the previous year, the firm posted $0.75 earnings per share. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. 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, analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insiders Place Their Bets

In other news, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction on Wednesday, October 1st. The stock was 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 $6,564,943.84. The trade was a 2.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction on 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 completion of the sale, 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 90 days, insiders have sold 1,315,130 shares of company stock valued at $260,687,367. 2.50% of the stock is currently owned by company insiders.

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.