PFG Investments LLC Has $3.19 Million Position in Palo Alto Networks, Inc. $PANW

PFG Investments LLC lifted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 9.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,884 shares of the network technology company’s stock after purchasing an additional 1,756 shares during the period. PFG Investments LLC’s holdings in Palo Alto Networks were worth $3,188,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of PANW. Vanguard Group Inc. grew its holdings in Palo Alto Networks by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock worth $12,512,533,000 after purchasing an additional 2,659,100 shares during the period. State Street Corp raised its stake in Palo Alto Networks by 2.0% in the fourth quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock valued at $5,587,100,000 after buying an additional 594,789 shares during the period. Bank of America Corp DE raised its stake in Palo Alto Networks by 11.9% in the fourth quarter. Bank of America Corp DE now owns 19,375,486 shares of the network technology company’s stock valued at $3,568,964,000 after buying an additional 2,065,776 shares during the period. Geode Capital Management LLC lifted its position in shares of Palo Alto Networks by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock valued at $2,934,935,000 after buying an additional 540,756 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Palo Alto Networks in the fourth quarter valued at approximately $1,415,364,000. 79.82% of the stock is owned by institutional investors.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $348.06 on Friday. The firm has a market cap of $283.67 billion, a P/E ratio of 285.30, a price-to-earnings-growth ratio of 12.92 and a beta of 0.91. The business’s 50 day moving average is $258.43 and its 200-day moving average is $201.39. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $358.10.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm’s quarterly revenue was up 31.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.37 EPS. 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 research analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Insider Buying and Selling

In other Palo Alto Networks news, Director Aparna Bawa sold 290 shares of Palo Alto Networks stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total value of $101,134.60. Following the completion of the sale, the director owned 6,437 shares in the company, valued at $2,244,839.38. The trade was a 4.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the sale, the executive vice president directly owned 145,250 shares of the company’s stock, valued at $42,058,590. This represents a 3.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 102,111 shares of company stock valued at $27,204,024 in the last 90 days. 1.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on PANW shares. Argus boosted their target price on Palo Alto Networks from $222.00 to $320.00 in a report on Friday, June 5th. DA Davidson raised their price target on Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Capital One Financial lifted their price objective on shares of Palo Alto Networks from $168.00 to $248.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 19th. Oppenheimer upped their price objective on shares of Palo Alto Networks from $275.00 to $350.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. Finally, Mizuho increased their price objective on shares of Palo Alto Networks from $265.00 to $305.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $316.15.

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.