Maridea Wealth Management LLC Makes New Investment in Palo Alto Networks, Inc. $PANW

Maridea Wealth Management LLC purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,673 shares of the network technology company’s stock, valued at approximately $778,000.

A number of other large investors have also made changes to their positions in PANW. May Hill Capital LLC acquired a new stake in Palo Alto Networks during the 3rd quarter worth $210,000. Ingalls & Snyder LLC grew its stake in Palo Alto Networks by 29.1% in the third quarter. Ingalls & Snyder LLC now owns 29,129 shares of the network technology company’s stock valued at $5,931,000 after acquiring an additional 6,564 shares during the period. Northeast Investment Management increased its holdings in shares of Palo Alto Networks by 6.7% in the third quarter. Northeast Investment Management now owns 140,227 shares of the network technology company’s stock worth $28,553,000 after acquiring an additional 8,786 shares in the last quarter. Cornerstone Advisory LLC increased its holdings in shares of Palo Alto Networks by 36.5% in the third quarter. Cornerstone Advisory LLC now owns 9,655 shares of the network technology company’s stock worth $1,966,000 after acquiring an additional 2,584 shares in the last quarter. Finally, Crestwood Advisors Group LLC raised its position in shares of Palo Alto Networks by 2.8% during the third quarter. Crestwood Advisors Group LLC now owns 78,127 shares of the network technology company’s stock worth $15,908,000 after purchasing an additional 2,158 shares during the period. Institutional investors own 79.82% of the company’s stock.

Key Palo Alto Networks News

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Q2 results beat estimates—EPS $1.03 and revenue roughly $2.59B; Next‑Gen Security ARR grew ~33% and RPO rose, supporting recurring revenue momentum. Palo Alto Networks Reports Fiscal Second Quarter 2026 Financial Results
• Positive Sentiment: Company raised full‑year revenue outlook to about $11.28–11.31B, signaling continued top‑line strength from its platform strategy. Palo Alto Networks Lifts Revenue Outlook as Second‑Quarter Profit Jumps (WSJ)
• Positive Sentiment: Management is investing to secure the AI/agentic endpoint (Koi acquisition) and expand capabilities (CyberArk, Chronosphere), which could strengthen long‑term competitive positioning. Palo Alto Announces Intent to Acquire Koi (PRNewswire)
• Neutral Sentiment: Analysts and firms are mixed—some reaffirmed outperform/buy ratings and cited long‑term upside while others trimmed price targets; overall street sentiment remains largely constructive but cautious. Jefferies: Palo Alto to emerge stronger despite M&A headwinds
• Negative Sentiment: Management lowered near‑term profit guidance, citing higher integration and acquisition costs—this cut to the profit outlook is the primary driver of the share decline. Palo Alto shares fall as deal costs pile up (Reuters)
• Negative Sentiment: Multiple brokers trimmed price targets and adjusted models after the guidance update (Deutsche, Goldman, Scotiabank, Loop, Stifel, BMO, Needham, Susquehanna, etc.), adding selling pressure. Analyst price‑target adjustments (MarketScreener example)
• Negative Sentiment: Sector and AI‑software weakness amplified the move—CEO sought to defend the company’s differentiation, but market sentiment for high‑growth software names remains tenuous. Palo Alto shares sink as CEO defends strategy (CNBC)

Insider Buying and Selling

In other Palo Alto Networks news, Director James J. Goetz sold 12,500 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $195.33, for a total value of $2,441,625.00. Following the completion of the transaction, the director directly owned 75,184 shares in the company, valued at $14,685,690.72. This trade represents a 14.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Josh D. Paul sold 800 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was 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 in the company, valued at $8,502,184.05. This trade represents a 1.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 260,542 shares of company stock worth $49,910,995 in the last three months. Insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

PANW has been the subject of several research analyst reports. Cantor Fitzgerald reiterated an “overweight” rating on shares of Palo Alto Networks in a research report on Wednesday. Truist Financial set a $200.00 price target on shares of Palo Alto Networks and gave the company a “buy” rating in a research note on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Palo Alto Networks in a report on Monday, December 29th. Stephens raised their price objective on shares of Palo Alto Networks from $205.00 to $215.00 and gave the stock an “equal weight” rating in a report on Thursday, November 20th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $223.00 price objective (down from $245.00) on shares of Palo Alto Networks in a research report on Wednesday. Thirty-three research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $215.68.

Palo Alto Networks Stock Down 6.8%

Shares of PANW stock opened at $152.35 on Thursday. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $223.61. The company’s fifty day simple moving average is $180.25 and its 200-day simple moving average is $191.93. The firm has a market cap of $106.19 billion, a PE ratio of 84.17, a P/E/G ratio of 3.91 and a beta of 0.75.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.09. Palo Alto Networks had a net margin of 12.96% and a return on equity of 18.42%. The firm had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.58 billion. During the same period in the previous year, the business earned $0.81 EPS. The company’s revenue was up 14.9% compared to the same quarter last year. 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. On average, equities analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Palo Alto Networks Company Profile

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.