GSG Advisors LLC Invests $3.80 Million in Palo Alto Networks, Inc. $PANW

GSG Advisors LLC bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 11,133 shares of the network technology company’s stock, valued at approximately $3,797,000. Palo Alto Networks accounts for about 0.8% of GSG Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding.

Several other hedge funds have also bought and sold shares of PANW. Asset One Wealth Management LLC acquired a new stake in Palo Alto Networks in the 2nd quarter valued at about $828,000. Safeguard Investment Advisory Group LLC acquired a new position in Palo Alto Networks during the second quarter worth approximately $329,000. Infrastructure Capital Advisors LLC acquired a new position in Palo Alto Networks during the second quarter worth approximately $299,000. Maxi Investments CY Ltd bought a new stake in Palo Alto Networks in the second quarter valued at approximately $3,410,000. Finally, Portland Investment Counsel Inc. bought a new stake in Palo Alto Networks in the second quarter valued at approximately $612,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. BTIG Research raised their price objective on Palo Alto Networks from $333.00 to $380.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Royal Bank Of Canada reissued an “outperform” rating and set a $434.00 target price (up from $330.00) on shares of Palo Alto Networks in a report on Friday, August 14th. Tigress Financial increased their price target on Palo Alto Networks from $245.00 to $430.00 and gave the company a “buy” rating in a research note on Wednesday, July 15th. Citigroup reaffirmed a “market outperform” rating on shares of Palo Alto Networks in a report on Wednesday, August 12th. Finally, Wedbush lifted their price objective on shares of Palo Alto Networks from $300.00 to $340.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $362.67.

Get Our Latest Analysis on Palo Alto Networks

Insiders Place Their Bets

In other Palo Alto Networks news, Director Helle Thorning-Schmidt sold 700 shares of the stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total transaction of $242,795.00. Following the transaction, the director owned 5,898 shares in the company, valued at $2,045,721.30. This represents a 10.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction that occurred on 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 directly owned 145,250 shares in the company, valued at $42,058,590. This represents a 3.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 37,935 shares of company stock worth $10,809,461. 1.40% of the stock is currently owned by insiders.

Palo Alto Networks Stock Up 0.0%

PANW stock opened at $358.04 on Monday. 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 stock has a market capitalization of $291.80 billion, a price-to-earnings ratio of 293.48, a PEG ratio of 12.00 and a beta of 0.91. The business’s fifty day moving average price is $337.38 and its two-hundred day moving average price is $242.19. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $398.88.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last announced 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. The company had revenue of $3 billion during 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%. Palo Alto Networks’s quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $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, equities analysts anticipate that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current year.

Palo Alto Networks Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Palo Alto Networks (NASDAQ:PANW)

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