1,690 Shares in Palo Alto Networks, Inc. $PANW Acquired by Spinnaker Trust

Spinnaker Trust purchased a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 1,690 shares of the network technology company’s stock, valued at approximately $311,000.

A number of other large investors have also recently bought and sold shares of the business. Darwin Wealth Management LLC bought a new position in shares of Palo Alto Networks in the second quarter valued at approximately $25,000. Knuff & Co LLC purchased a new position in Palo Alto Networks in the fourth quarter worth $26,000. Steph & Co. boosted its position in Palo Alto Networks by 88.2% during the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after purchasing an additional 67 shares during the period. Winch Advisory Services LLC raised its holdings in Palo Alto Networks by 96.1% during the 3rd quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after acquiring an additional 73 shares during the period. Finally, WHI TRUST Co LLC purchased a new stake in Palo Alto Networks during the 4th quarter worth about $28,000. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks News Summary

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

• Positive Sentiment: Palo Alto Networks beat fiscal Q3 earnings and revenue expectations, reporting EPS of $0.85 versus $0.81 expected and revenue of $3.0 billion versus $2.94 billion estimated, with sales up 31.1% year over year. Article Title
• Positive Sentiment: The company raised full-year and fourth-quarter guidance well above Wall Street forecasts, signaling stronger demand and better profitability ahead. Article Title
• Positive Sentiment: Management said AI-driven security needs are boosting customer engagement, with CEO Nikesh Arora citing a surge in meeting requests as enterprises prepare for AI-related risks. Article Title
• Positive Sentiment: Several analyst notes were bullish ahead of and after the report, including price-target increases from JPMorgan and Baird, reinforcing confidence in the company’s growth outlook. Article Title
• Neutral Sentiment: The company also completed its acquisition of Portkey, an AI gateway provider, which may support its Prisma AIRS platform and future AI-security offerings, but the immediate financial impact is still unclear. Article Title
• Negative Sentiment: One insider sale by the company’s chief accounting officer may create a small headline overhang, though it was limited relative to the stock’s recent rally. Article Title

Palo Alto Networks Stock Down 1.1%

PANW stock opened at $297.18 on Wednesday. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $302.95. The stock has a market cap of $242.50 billion, a P/E ratio of 164.19, a PEG ratio of 10.83 and a beta of 0.94. The business’s 50-day moving average price is $195.20 and its 200-day moving average price is $184.31.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The company’s revenue was up 31.1% on a year-over-year basis. During the same period in the prior 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 research analysts expect that Palo Alto Networks, Inc. will post 2.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Stifel Nicolaus upped their price target on shares of Palo Alto Networks from $185.00 to $275.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. JPMorgan Chase & Co. raised their price objective on Palo Alto Networks from $200.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $285.00 price target on shares of Palo Alto Networks in a research report on Wednesday, May 20th. BTIG Research boosted their target price on Palo Alto Networks from $216.00 to $268.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $250.00 target price on shares of Palo Alto Networks in a report on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $238.23.

Insider Activity

In other Palo Alto Networks news, EVP Lee Klarich sold 62,904 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the transaction, the executive vice president owned 235,983 shares of the company’s stock, valued at $61,037,002.95. This represents a 21.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total value of $802,100.00. Following the completion of the sale, the executive vice president owned 150,250 shares in the company, valued at $24,103,105. This represents a 3.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 94,760 shares of company stock valued at $21,660,063 in the last three months. 1.40% of the stock is currently owned by 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.