Green Alpha Advisors LLC Acquires New Shares in Palo Alto Networks, Inc. $PANW

Green Alpha Advisors LLC bought a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, HoldingsChannel reports. The firm bought 4,147 shares of the network technology company’s stock, valued at approximately $1,414,000. Palo Alto Networks accounts for about 0.9% of Green Alpha Advisors LLC’s portfolio, making the stock its 29th biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of PANW. Janney Montgomery Scott LLC lifted its stake in Palo Alto Networks by 15.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock valued at $65,796,000 after acquiring an additional 53,485 shares during the period. Aviva PLC boosted its holdings in shares of Palo Alto Networks by 5.4% during the 4th quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after acquiring an additional 29,230 shares during the last quarter. B&D White Capital Company LLC bought a new stake in shares of Palo Alto Networks in the first quarter worth approximately $353,000. Bridgewater Advisors Inc. purchased a new position in shares of Palo Alto Networks during the second quarter valued at approximately $2,159,000. Finally, Granite Islands Private Wealth LLC raised its holdings in shares of Palo Alto Networks by 43.6% during the first quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock valued at $2,453,000 after purchasing an additional 4,659 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on PANW shares. Deutsche Bank Aktiengesellschaft raised their target price on shares of Palo Alto Networks from $220.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. New Street Research set a $415.00 target price on shares of Palo Alto Networks in a research note on Tuesday. Oppenheimer reissued an “outperform” rating and set a $400.00 price target (up from $350.00) on shares of Palo Alto Networks in a report on Tuesday, August 4th. Stephens raised their price target on Palo Alto Networks from $180.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Wednesday, June 3rd. Finally, Robert W. Baird set a $320.00 price target on Palo Alto Networks in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $362.67.

Insider Transactions at Palo Alto Networks

In related news, CAO Josh D. Paul sold 900 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $345.00, for a total value of $310,500.00. Following the transaction, the chief accounting officer directly owned 79,644 shares of the company’s stock, valued at approximately $27,477,180. This trade represents a 1.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Helle Thorning-Schmidt sold 700 shares of the business’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total value of $242,795.00. Following the sale, the director directly owned 5,898 shares of the company’s stock, valued at $2,045,721.30. This represents a 10.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 37,935 shares of company stock worth $10,809,461 over the last three months. 1.40% of the stock is currently owned by insiders.

Palo Alto Networks Stock Performance

Shares of NASDAQ PANW opened at $358.04 on Friday. The firm has a 50 day moving average of $337.38 and a 200 day moving average of $241.72. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $291.80 billion, a price-to-earnings ratio of 293.48, a price-to-earnings-growth ratio of 11.74 and a beta of 0.91. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $398.88.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $2.94 billion. During the same period in the prior year, the company earned $0.37 earnings per share. The firm’s revenue 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. On average, research analysts anticipate that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current 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.