Soltis Investment Advisors LLC Acquires 1,444 Shares of Palo Alto Networks, Inc. $PANW

Soltis Investment Advisors LLC raised its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 38.9% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 5,154 shares of the network technology company’s stock after acquiring an additional 1,444 shares during the period. Soltis Investment Advisors LLC’s holdings in Palo Alto Networks were worth $1,055,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Nuveen LLC acquired a new position in Palo Alto Networks in the 1st quarter worth $810,047,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of Palo Alto Networks in the second quarter valued at about $633,068,000. Goldman Sachs Group Inc. boosted its position in shares of Palo Alto Networks by 41.9% during the first quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after buying an additional 2,134,735 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Palo Alto Networks by 77.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company’s stock worth $662,000,000 after buying an additional 1,688,432 shares during the period. Finally, Vanguard Group Inc. grew its holdings in shares of Palo Alto Networks by 2.5% during the first quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock worth $10,712,019,000 after buying an additional 1,541,637 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Insider Activity at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the transaction, the executive vice president owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $219.97, for a total value of $153,979.00. Following the sale, the chief accounting officer directly owned 47,505 shares of the company’s stock, valued at approximately $10,449,674.85. The trade was a 1.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 1,215,830 shares of company stock valued at $249,160,428. 2.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on PANW. Barclays reaffirmed an “overweight” rating and set a $215.00 price target (up from $210.00) on shares of Palo Alto Networks in a research note on Tuesday, August 19th. DA Davidson reaffirmed a “buy” rating and issued a $215.00 target price on shares of Palo Alto Networks in a research report 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. Mizuho lifted their target price on Palo Alto Networks from $210.00 to $220.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Finally, Tigress Financial began coverage on Palo Alto Networks in a research report on Friday, September 26th. They set a “buy” rating and a $245.00 price target for the company. Thirty equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and a consensus price target of $218.17.

Palo Alto Networks Trading Down 0.8%

Shares of NASDAQ PANW opened at $211.37 on Friday. The company has a market capitalization of $141.39 billion, a P/E ratio of 131.69, a P/E/G ratio of 5.07 and a beta of 0.95. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $223.61. The stock has a 50 day moving average of $206.73 and a 200-day moving average of $195.41.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly 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 return on equity of 17.66% and a net margin of 12.30%.The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter last year, the firm posted $0.75 EPS. The company’s quarterly revenue 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. 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.