Silverleafe Capital Partners LLC Makes New $572,000 Investment in Palo Alto Networks, Inc. $PANW

Silverleafe Capital Partners LLC purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,440 shares of the network technology company’s stock, valued at approximately $572,000.

Several other large investors also recently added to or reduced their stakes in PANW. Trilogy Capital Inc. lifted its holdings in Palo Alto Networks by 1.8% during the second quarter. Trilogy Capital Inc. now owns 2,127 shares of the network technology company’s stock valued at $725,000 after purchasing an additional 37 shares during the last quarter. Wisconsin Wealth Advisors LLC increased its stake in shares of Palo Alto Networks by 1.2% in the second quarter. Wisconsin Wealth Advisors LLC now owns 3,206 shares of the network technology company’s stock worth $1,093,000 after purchasing an additional 38 shares in the last quarter. Orrstown Financial Services Inc. increased its stake in shares of Palo Alto Networks by 1.2% in the second quarter. Orrstown Financial Services Inc. now owns 3,197 shares of the network technology company’s stock worth $1,090,000 after purchasing an additional 38 shares in the last quarter. Principia Wealth Advisory LLC raised its position in shares of Palo Alto Networks by 125.0% in the second quarter. Principia Wealth Advisory LLC now owns 81 shares of the network technology company’s stock valued at $28,000 after purchasing an additional 45 shares during the period. Finally, WNY Asset Management LLC lifted its stake in shares of Palo Alto Networks by 2.8% during the 2nd quarter. WNY Asset Management LLC now owns 1,751 shares of the network technology company’s stock valued at $597,000 after buying an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

NASDAQ:PANW traded up $6.99 during trading hours on Friday, hitting $403.24. The stock had a trading volume of 4,840,545 shares, compared to its average volume of 8,347,358. The company has a 50 day simple moving average of $360.46 and a two-hundred day simple moving average of $283.95. The firm has a market capitalization of $329.85 billion, a price-to-earnings ratio of 790.68, a P/E/G ratio of 11.44 and a beta of 0.93. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.87 and a quick ratio of 0.87. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $409.50.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Tuesday, September 1st. The network technology company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.04. Palo Alto Networks had a net margin of 2.67% and a return on equity of 8.50%. The firm had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter in the prior year, the firm posted $0.95 earnings per share. The business’s quarterly revenue was up 34.5% on a year-over-year basis. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. Research analysts forecast that Palo Alto Networks, Inc. will post 2.31 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PANW has been the subject of several analyst reports. Roth Capital reaffirmed a “neutral” rating and issued a $300.00 price objective (up from $210.00) on shares of Palo Alto Networks in a report on Wednesday, September 2nd. Stephens set a $400.00 target price on shares of Palo Alto Networks and gave the company an “equal weight” rating in a report on Wednesday, September 2nd. BMO Capital Markets reaffirmed an “outperform” rating and issued a $415.00 price target (up from $335.00) on shares of Palo Alto Networks in a report on Thursday, August 20th. Truist Financial set a $400.00 price target on Palo Alto Networks in a research report on Wednesday, September 2nd. Finally, Needham & Company LLC reiterated a “buy” rating and set a $425.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, September 2nd. Thirty-eight equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $391.32.

Insiders Place Their Bets

In other Palo Alto Networks news, Director James Goetz sold 20,000 shares of the firm’s stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $376.68, for a total value of $7,533,600.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John P. Key sold 2,500 shares of Palo Alto Networks stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $376.03, for a total value of $940,075.00. Following the sale, the director owned 10,000 shares of the company’s stock, valued at approximately $3,760,300. This trade represents a 20.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 54,260 shares of company stock worth $20,804,474. 1.40% of the stock is owned by corporate insiders.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc is a cybersecurity company that provides solutions designed to help organizations protect networks, endpoints, cloud environments, applications and users from cyber threats. Its offerings include next-generation firewalls, cloud-delivered security services, secure access service edge (SASE) solutions, endpoint protection and security operations tools.

The company also provides platforms and services for cloud security, threat intelligence, incident response, vulnerability management and the automation of security operations.