Anchor Investment Management LLC Acquires 100 Shares of Palo Alto Networks, Inc. $PANW

Anchor Investment Management LLC lifted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 64.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 256 shares of the network technology company’s stock after purchasing an additional 100 shares during the quarter. Anchor Investment Management LLC’s holdings in Palo Alto Networks were worth $44,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Capital A Wealth Management LLC bought a new stake in shares of Palo Alto Networks in the fourth quarter worth $29,000. HWG Holdings LP bought a new stake in shares of Palo Alto Networks in the first quarter worth $31,000. Dagco Inc. bought a new stake in shares of Palo Alto Networks in the first quarter worth $33,000. SWAN Capital LLC raised its position in Palo Alto Networks by 100.0% during the fourth quarter. SWAN Capital LLC now owns 200 shares of the network technology company’s stock worth $36,000 after acquiring an additional 100 shares in the last quarter. Finally, WPG Advisers LLC bought a new stake in Palo Alto Networks during the first quarter worth $37,000. Institutional investors own 79.82% of the company’s stock.

Analyst Upgrades and Downgrades

PANW has been the topic of several analyst reports. Roth Capital initiated coverage on shares of Palo Alto Networks in a research report on Thursday, May 15th. They set a “neutral” rating and a $210.00 price target on the stock. Wedbush reaffirmed an “outperform” rating and set a $225.00 price target on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Needham & Company LLC reaffirmed a “buy” rating and set a $230.00 price target on shares of Palo Alto Networks in a research report on Wednesday, September 3rd. Sanford C. Bernstein set a $207.00 price target on shares of Palo Alto Networks and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Finally, KeyCorp lowered shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Twenty-eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $211.68.

Palo Alto Networks Stock Performance

PANW stock opened at $198.33 on Friday. The company’s 50-day simple moving average is $188.13 and its 200 day simple moving average is $185.88. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $210.39. The company has a market capitalization of $132.66 billion, a PE ratio of 123.57, a price-to-earnings-growth ratio of 4.71 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the prior year, the company posted $0.75 earnings per share. Palo Alto Networks’s revenue was up 15.8% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Activity

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $201.85, for a total transaction of $1,009,250.00. Following the sale, the executive vice president directly owned 101,135 shares in the company, valued at $20,414,099.75. This represents a 4.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Josh D. Paul sold 700 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $184.20, for a total transaction of $128,940.00. Following the sale, the chief accounting officer owned 37,723 shares in the company, valued at $6,948,576.60. The trade was a 1.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 569,422 shares of company stock valued at $106,629,618. Corporate insiders own 2.50% of the company’s stock.

About Palo Alto Networks

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.