Schwarz Dygos Wheeler Investment Advisors LLC Acquires 12,712 Shares of Palo Alto Networks, Inc. $PANW

Schwarz Dygos Wheeler Investment Advisors LLC boosted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 189.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,405 shares of the network technology company’s stock after purchasing an additional 12,712 shares during the quarter. Palo Alto Networks accounts for about 0.9% of Schwarz Dygos Wheeler Investment Advisors LLC’s portfolio, making the stock its 29th largest holding. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Palo Alto Networks were worth $3,970,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in shares of Palo Alto Networks by 2.5% in the first quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock valued at $10,712,019,000 after buying an additional 1,541,637 shares during the period. Geode Capital Management LLC raised its holdings in Palo Alto Networks by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 15,174,029 shares of the network technology company’s stock valued at $3,093,262,000 after acquiring an additional 169,055 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Palo Alto Networks by 41.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock valued at $1,234,650,000 after acquiring an additional 2,134,735 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Palo Alto Networks by 16.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company’s stock valued at $1,177,765,000 after acquiring an additional 950,765 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of Palo Alto Networks during the 1st quarter worth $810,047,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on PANW shares. Royal Bank Of Canada boosted their price target on Palo Alto Networks from $232.00 to $250.00 and gave the company an “outperform” rating in a research note on Wednesday. BTIG Research raised shares of Palo Alto Networks from a “neutral” rating to a “buy” rating in a report on Monday, October 13th. Barclays upped their price target on shares of Palo Alto Networks from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Monday. Rosenblatt Securities reduced their price target on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a research report on Thursday, August 14th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $250.00 price objective (up from $235.00) on shares of Palo Alto Networks in a research note on Tuesday. Twenty-nine research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $220.95.

Insider Transactions at Palo Alto Networks

In other news, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total value of $172,718,016.48. Following the completion of the transaction, the chief executive officer owned 275,013 shares of the company’s stock, valued at $56,119,152.78. This represents a 75.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total transaction 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. This trade represents a 4.94% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,215,830 shares of company stock valued at $249,160,428. Company insiders own 2.50% of the company’s stock.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $204.77 on Friday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61. The company has a market cap of $140.06 billion, a price-to-earnings ratio of 127.58, a PEG ratio of 4.99 and a beta of 0.95. The firm has a 50 day simple moving average of $208.86 and a 200 day simple moving average of $196.90.

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, topping 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 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 prior year, the business earned $0.75 earnings per share. The company’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 expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current 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.