HORAN Wealth LLC Takes Position in Palo Alto Networks, Inc. $PANW

HORAN Wealth LLC bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 12,826 shares of the network technology company’s stock, valued at approximately $2,625,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Whipplewood Advisors LLC increased its holdings in Palo Alto Networks by 6,400.0% during the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after buying an additional 128 shares during the last quarter. Briaud Financial Planning Inc purchased a new stake in Palo Alto Networks during the second quarter worth about $28,000. Dagco Inc. purchased a new stake in Palo Alto Networks during the first quarter worth about $33,000. WPG Advisers LLC purchased a new stake in Palo Alto Networks during the first quarter worth about $37,000. Finally, Strategic Investment Solutions Inc. IL increased 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 buying an additional 83 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Tigress Financial assumed coverage on shares of Palo Alto Networks in a report on Friday, September 26th. They set a “buy” rating and a $245.00 price objective for the company. DA Davidson restated a “buy” rating and set a $215.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Royal Bank Of Canada restated an “outperform” rating and set a $232.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Bank of America raised their price objective on shares of Palo Alto Networks from $215.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, October 20th. Finally, UBS Group set a $245.00 target price on shares of Palo Alto Networks in a research note on Friday, September 26th. Thirty 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. According to MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus price target of $218.17.

Palo Alto Networks Trading Down 0.6%

Shares of NASDAQ:PANW opened at $213.18 on Thursday. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $223.61. The stock has a market cap of $142.60 billion, a P/E ratio of 132.82, a P/E/G ratio of 5.10 and a beta of 0.95. The company has a 50 day moving average of $206.32 and a 200 day moving average of $195.29.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same period in the previous year, the business posted $0.75 earnings per share. Palo Alto Networks’s revenue for the quarter was up 15.8% on a year-over-year basis. 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 forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Insider Activity at Palo Alto Networks

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, November 3rd. The shares were sold at an average price of $217.94, for a total transaction of $26,321,485.56. Following the completion of the sale, the executive vice president directly owned 356,409 shares in the company, valued at $77,675,777.46. The trade was a 25.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Nikesh Arora sold 846,408 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,215,830 shares of company stock valued at $249,160,428. Company insiders own 2.50% of the company’s stock.

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.