Palo Alto Networks, Inc. $PANW Stock Position Increased by Waverly Advisors LLC

Waverly Advisors LLC increased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 25.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 126,130 shares of the network technology company’s stock after buying an additional 25,343 shares during the quarter. Waverly Advisors LLC’s holdings in Palo Alto Networks were worth $20,221,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of PANW. GSG Advisors LLC lifted its holdings in Palo Alto Networks by 0.4% in the 1st quarter. GSG Advisors LLC now owns 12,536 shares of the network technology company’s stock valued at $2,010,000 after acquiring an additional 51 shares during the last quarter. Outfitters Financial LLC grew its stake in shares of Palo Alto Networks by 1.7% in the 4th quarter. Outfitters Financial LLC now owns 3,265 shares of the network technology company’s stock worth $601,000 after purchasing an additional 55 shares during the last quarter. Ancora Advisors LLC grew its stake in shares of Palo Alto Networks by 2.4% in the 3rd quarter. Ancora Advisors LLC now owns 2,312 shares of the network technology company’s stock worth $471,000 after purchasing an additional 55 shares during the last quarter. PGIM Custom Harvest LLC raised its holdings in shares of Palo Alto Networks by 1.4% in the 3rd quarter. PGIM Custom Harvest LLC now owns 3,859 shares of the network technology company’s stock worth $786,000 after purchasing an additional 55 shares in the last quarter. Finally, Signal Advisors Wealth LLC lifted its stake in Palo Alto Networks by 4.8% during the fourth quarter. Signal Advisors Wealth LLC now owns 1,233 shares of the network technology company’s stock valued at $227,000 after purchasing an additional 56 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Insider Transactions at Palo Alto Networks

In other news, Director James J. Goetz sold 20,000 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the transaction, the director owned 20,000 shares in the company, valued at $5,598,000. This represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Josh D. Paul sold 900 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $345.00, for a total transaction of $310,500.00. Following the completion of the sale, the chief accounting officer directly owned 79,644 shares of the company’s stock, valued at $27,477,180. This trade represents a 1.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 101,239 shares of company stock worth $27,174,360. 1.40% of the stock is currently owned by company insiders.

Palo Alto Networks Stock Performance

NASDAQ PANW opened at $323.79 on Monday. The firm’s 50 day moving average price is $300.79 and its two-hundred day moving average price is $217.83. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $368.80. The stock has a market cap of $263.89 billion, a price-to-earnings ratio of 265.40, a PEG ratio of 12.02 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results 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. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the prior year, the company earned $0.37 earnings per share. The company’s revenue for the quarter was up 31.1% on a year-over-year basis. 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. Equities analysts anticipate that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Wall Street Analysts Forecast Growth

PANW has been the subject of a number of research reports. Berenberg Bank raised their target price on shares of Palo Alto Networks from $290.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. BNP Paribas Exane increased their price objective on Palo Alto Networks from $330.00 to $380.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. HSBC raised their price objective on Palo Alto Networks from $114.00 to $207.00 in a research note on Thursday, June 4th. JPMorgan Chase & Co. boosted their target price on Palo Alto Networks from $200.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Finally, Stifel Nicolaus set a $340.00 target price on Palo Alto Networks in a report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus target price of $331.48.

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.