Palo Alto Networks, Inc. $PANW Shares Acquired by HORAN Wealth LLC

HORAN Wealth LLC lifted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 103.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 51,304 shares of the network technology company’s stock after buying an additional 26,142 shares during the quarter. Palo Alto Networks accounts for about 0.8% of HORAN Wealth LLC’s holdings, making the stock its 26th biggest holding. HORAN Wealth LLC’s holdings in Palo Alto Networks were worth $8,337,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Mizuho Markets Americas LLC acquired a new position in Palo Alto Networks in the first quarter worth $373,000. Glenview Trust Co grew its position in Palo Alto Networks by 19.1% in the 1st quarter. Glenview Trust Co now owns 14,337 shares of the network technology company’s stock worth $2,299,000 after purchasing an additional 2,300 shares during the last quarter. Madison Asset Management LLC acquired a new position in shares of Palo Alto Networks during the first quarter worth approximately $722,000. Convergence Investment Partners LLC bought a new position in Palo Alto Networks in the 1st quarter worth approximately $2,039,000. Finally, JSF Financial LLC grew its holdings in Palo Alto Networks by 28.4% in the 1st quarter. JSF Financial LLC now owns 3,598 shares of the network technology company’s stock worth $577,000 after buying an additional 796 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 62,904 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the sale, the executive vice president directly owned 235,983 shares of the company’s stock, valued at approximately $61,037,002.95. This represents a 21.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John P. Key sold 7,500 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the completion of the sale, the director directly owned 12,500 shares of the company’s stock, valued at $3,490,500. The trade was a 37.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 101,239 shares of company stock valued at $27,174,360. Corporate insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. FBN Securities reaffirmed an “outperform” rating on shares of Palo Alto Networks in a research note on Wednesday, July 1st. Arete Research increased their price target on Palo Alto Networks from $185.00 to $433.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. BTIG Research raised their price target on Palo Alto Networks from $333.00 to $380.00 and gave the company a “buy” rating in a report on Tuesday, June 30th. Royal Bank Of Canada lifted their price objective on shares of Palo Alto Networks from $255.00 to $330.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Finally, Citigroup reaffirmed a “buy” rating and issued a $400.00 price objective (up from $340.00) on shares of Palo Alto Networks in a report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus price target of $327.74.

Palo Alto Networks Stock Performance

PANW opened at $348.66 on Tuesday. The company has a market capitalization of $284.16 billion, a price-to-earnings ratio of 285.79, a price-to-earnings-growth ratio of 13.32 and a beta of 0.91. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $368.80. The business has a 50 day moving average price of $292.74 and a two-hundred day moving average price of $213.62.

Palo Alto Networks (NASDAQ:PANW) last issued 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. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same period last year, the firm earned $0.37 EPS. The firm’s revenue for the quarter was up 31.1% on a year-over-year basis. 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. Research analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

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.