Uniting Wealth Partners LLC Acquires Shares of 2,017 Palo Alto Networks, Inc. $PANW

Uniting Wealth Partners LLC bought a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 2,017 shares of the network technology company’s stock, valued at approximately $688,000.

Several other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC purchased a new stake in shares of Palo Alto Networks in the 2nd quarter valued at approximately $25,000. Knuff & Co LLC acquired a new position in Palo Alto Networks in the 4th quarter worth approximately $26,000. Sittner & Nelson LLC grew its position in Palo Alto Networks by 73.8% during the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after purchasing an additional 62 shares in the last quarter. N.E.W. Advisory Services LLC purchased a new position in Palo Alto Networks during the 2nd quarter worth approximately $27,000. Finally, Luken Investment Analytics LLC raised its stake in Palo Alto Networks by 196.2% during the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after purchasing an additional 102 shares during the period. 79.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on PANW shares. Wolfe Research restated an “outperform” rating and issued a $320.00 target price on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Sanford C. Bernstein lifted their price target on Palo Alto Networks from $209.00 to $253.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. HSBC upped their price target on Palo Alto Networks from $114.00 to $207.00 in a research report on Thursday, June 4th. Argus set a $425.00 price objective on Palo Alto Networks in a research report on Tuesday, July 21st. Finally, William Blair restated an “outperform” rating on shares of Palo Alto Networks in a research report on Tuesday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $339.61.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $384.27 on Monday. The firm has a fifty day moving average of $328.02 and a two-hundred day moving average of $235.70. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $398.88. The firm has a market capitalization of $313.18 billion, a P/E ratio of 314.98, a price-to-earnings-growth ratio of 12.89 and a beta of 0.91.

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. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the prior year, the business posted $0.37 earnings per share. Palo Alto Networks’s revenue for the quarter was up 31.1% compared to the same quarter last year. 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 analysts expect that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Insider Transactions at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The stock was 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 trade represents a 3.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John P. Key sold 7,500 shares of Palo Alto Networks stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.24, for a total value of $2,094,300.00. Following the sale, the director owned 12,500 shares of the company’s stock, valued at approximately $3,490,500. This represents a 37.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 101,239 shares of company stock valued at $27,174,360. Corporate insiders own 1.40% of the company’s stock.

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.