GC Wealth Management RIA LLC Purchases 2,772 Shares of Palo Alto Networks, Inc. $PANW

GC Wealth Management RIA LLC lifted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 7.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,393 shares of the network technology company’s stock after acquiring an additional 2,772 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Palo Alto Networks were worth $6,315,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Darwin Wealth Management LLC bought a new stake in shares of Palo Alto Networks during the second quarter worth $25,000. Knuff & Co LLC bought a new position in shares of Palo Alto Networks in the fourth quarter valued at about $26,000. Steph & Co. lifted its position in Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after buying an additional 67 shares in the last quarter. Sittner & Nelson LLC lifted its position in Palo Alto Networks by 73.8% during the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after buying an additional 62 shares in the last quarter. Finally, WHI TRUST Co LLC bought a new stake in Palo Alto Networks during the 4th quarter worth about $28,000. 79.82% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. HSBC raised their price objective on shares of Palo Alto Networks from $114.00 to $207.00 in a research report on Thursday, June 4th. DA Davidson increased their price target on shares of Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. The Goldman Sachs Group reissued a “buy” rating and issued a $330.00 price target on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Benchmark boosted their price objective on shares of Palo Alto Networks from $270.00 to $340.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Finally, Argus set a $425.00 price objective on Palo Alto Networks in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $331.48.

Palo Alto Networks Trading Down 2.9%

PANW opened at $325.63 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market cap of $265.39 billion, a price-to-earnings ratio of 266.91, a price-to-earnings-growth ratio of 12.45 and a beta of 0.91. The firm has a 50 day simple moving average of $299.17 and a 200 day simple moving average of $216.83. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $368.80.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same period last year, the firm earned $0.37 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. On average, sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the transaction, the executive vice president owned 145,250 shares in the company, valued at approximately $42,058,590. This trade represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Aparna Bawa sold 290 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $348.74, for a total value of $101,134.60. Following the transaction, the director owned 6,437 shares of the company’s stock, valued at $2,244,839.38. The trade was a 4.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 101,239 shares of company stock valued at $27,174,360 over the last quarter. 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.