Cache Advisors LLC Acquires 9,900 Shares of Palo Alto Networks, Inc. $PANW

Cache Advisors LLC increased its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 97.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 20,080 shares of the network technology company’s stock after purchasing an additional 9,900 shares during the period. Palo Alto Networks accounts for 0.7% of Cache Advisors LLC’s investment portfolio, making the stock its 18th largest holding. Cache Advisors LLC’s holdings in Palo Alto Networks were worth $4,089,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Exchange Traded Concepts LLC raised its holdings in shares of Palo Alto Networks by 29.4% in the 3rd quarter. Exchange Traded Concepts LLC now owns 32,155 shares of the network technology company’s stock valued at $6,547,000 after acquiring an additional 7,301 shares in the last quarter. Westfield Capital Management Co. LP bought a new position in shares of Palo Alto Networks in the third quarter worth approximately $75,412,000. US Bancorp DE increased its position in shares of Palo Alto Networks by 0.6% in the third quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock worth $277,828,000 after purchasing an additional 8,344 shares during the last quarter. Silver Oak Securities Incorporated raised its stake in Palo Alto Networks by 240.1% in the third quarter. Silver Oak Securities Incorporated now owns 11,732 shares of the network technology company’s stock valued at $2,389,000 after purchasing an additional 8,282 shares in the last quarter. Finally, Generali Investments Management Co LLC lifted its position in Palo Alto Networks by 38.4% during the third quarter. Generali Investments Management Co LLC now owns 54,401 shares of the network technology company’s stock valued at $11,077,000 after purchasing an additional 15,091 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Jefferies Financial Group reissued a “buy” rating on shares of Palo Alto Networks in a report on Wednesday, February 4th. Daiwa Securities Group reduced their target price on Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. BTIG Research reaffirmed a “buy” rating and set a $200.00 price target on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Needham & Company LLC cut their price objective on Palo Alto Networks from $230.00 to $200.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Finally, New Street Research reduced their price objective on Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus target price of $211.62.

Palo Alto Networks Price Performance

NASDAQ PANW opened at $148.92 on Friday. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $223.61. The stock has a market capitalization of $121.52 billion, a PE ratio of 82.28, a PEG ratio of 5.38 and a beta of 0.75. The business’s 50-day moving average is $174.60 and its 200 day moving average is $190.79.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. The company had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.58 billion. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The firm’s revenue was up 14.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.81 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. As a group, equities research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $188.18, for a total transaction of $940,900.00. Following the completion of the transaction, the executive vice president directly owned 155,119 shares in the company, valued at approximately $29,190,293.42. This trade represents a 3.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Josh D. Paul sold 800 shares of the firm’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $184.81, for a total value of $147,848.00. Following the transaction, the chief accounting officer directly owned 46,005 shares of the company’s stock, valued at approximately $8,502,184.05. This trade represents a 1.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 260,542 shares of company stock valued at $49,910,995 over the last 90 days. 1.40% of the stock is owned by corporate insiders.

About Palo Alto Networks

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.