Palo Alto Networks, Inc. $PANW Shares Bought by Simon Quick Advisors LLC

Simon Quick Advisors LLC grew its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 12.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,393 shares of the network technology company’s stock after acquiring an additional 910 shares during the period. Simon Quick Advisors LLC’s holdings in Palo Alto Networks were worth $1,718,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Strs Ohio grew its stake in shares of Palo Alto Networks by 10.5% during the second quarter. Strs Ohio now owns 594,185 shares of the network technology company’s stock valued at $121,594,000 after acquiring an additional 56,517 shares in the last quarter. Amalgamated Bank grew its stake in shares of Palo Alto Networks by 3.4% during the second quarter. Amalgamated Bank now owns 146,174 shares of the network technology company’s stock valued at $29,913,000 after acquiring an additional 4,744 shares in the last quarter. Prairie Wealth Advisors Inc. grew its stake in shares of Palo Alto Networks by 5.8% during the second quarter. Prairie Wealth Advisors Inc. now owns 1,833 shares of the network technology company’s stock valued at $375,000 after acquiring an additional 100 shares in the last quarter. Field & Main Bank grew its stake in shares of Palo Alto Networks by 1.9% during the second quarter. Field & Main Bank now owns 18,050 shares of the network technology company’s stock valued at $3,694,000 after acquiring an additional 329 shares in the last quarter. Finally, Savvy Advisors Inc. grew its stake in shares of Palo Alto Networks by 8.4% during the second quarter. Savvy Advisors Inc. now owns 13,195 shares of the network technology company’s stock valued at $2,700,000 after acquiring an additional 1,019 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Rosenblatt Securities lowered their target price on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a research note on Thursday, August 14th. Bank of America boosted their price objective on Palo Alto Networks from $215.00 to $240.00 and gave the company a “buy” rating in a report on Monday, October 20th. New Street Research boosted their price objective on Palo Alto Networks from $235.00 to $240.00 and gave the company a “buy” rating in a report on Friday, September 12th. Westpark Capital reissued a “hold” rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, Citigroup reissued an “outperform” rating on shares of Palo Alto Networks in a report on Monday. Thirty analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus price target of $218.17.

Palo Alto Networks Stock Up 0.5%

Shares of PANW stock opened at $218.27 on Friday. The business has a 50 day moving average of $203.82 and a two-hundred day moving average of $193.81. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $223.61. The company has a market cap of $146.00 billion, a P/E ratio of 135.99, a PEG ratio of 5.16 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last issued its 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 in the previous year, the firm posted $0.75 earnings per share. Palo Alto Networks’s quarterly revenue 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. Analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $211.92, for a total value of $25,594,426.08. Following the completion of the transaction, the executive vice president directly owned 149,190 shares in the company, valued at $31,616,344.80. The trade was a 44.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the transaction, the executive vice president 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 1,215,130 shares of company stock valued at $243,407,367. 2.50% of the stock is currently owned by 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.