Neumann Capital Management LLC Invests $202,000 in Palo Alto Networks, Inc. $PANW

Neumann Capital Management LLC purchased a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 986 shares of the network technology company’s stock, valued at approximately $202,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BayBridge Capital Group LLC increased its stake in Palo Alto Networks by 2.8% in the 2nd quarter. BayBridge Capital Group LLC now owns 2,960 shares of the network technology company’s stock worth $606,000 after buying an additional 80 shares in the last quarter. KG&L Capital Management LLC lifted its holdings in shares of Palo Alto Networks by 7.5% in the 2nd quarter. KG&L Capital Management LLC now owns 14,410 shares of the network technology company’s stock valued at $2,949,000 after acquiring an additional 1,002 shares during the last quarter. LVW Advisors LLC bought a new position in shares of Palo Alto Networks in the 2nd quarter valued at about $208,000. Spirepoint Private Client LLC lifted its stake in Palo Alto Networks by 2.5% in the second quarter. Spirepoint Private Client LLC now owns 58,962 shares of the network technology company’s stock worth $12,066,000 after purchasing an additional 1,442 shares during the last quarter. Finally, Valicenti Advisory Services Inc. lifted its stake in Palo Alto Networks by 1.0% in the second quarter. Valicenti Advisory Services Inc. now owns 19,443 shares of the network technology company’s stock worth $3,979,000 after purchasing an additional 200 shares during the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Palo Alto Networks Stock Performance

Shares of Palo Alto Networks stock opened at $202.37 on Friday. The firm has a 50-day simple moving average of $189.58 and a two-hundred day simple moving average of $187.40. The company has a market cap of $135.37 billion, a P/E ratio of 126.09, a price-to-earnings-growth ratio of 4.82 and a beta of 0.98. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $210.39.

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

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Nir Zuk sold 100,000 shares of the company’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the sale, the executive vice president owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. This represents a 3.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the sale, the executive vice president directly owned 177,954 shares of the company’s stock, valued at approximately $34,008,788.94. This represents a 40.43% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,415,030 shares of company stock valued at $279,198,494. Corporate insiders own 2.50% of the company’s stock.

Wall Street Analysts Forecast Growth

PANW has been the topic of a number of research reports. Wedbush reaffirmed an “outperform” rating and set a $225.00 target price on shares of Palo Alto Networks in a research report on Monday, September 15th. UBS Group set a $245.00 price objective on shares of Palo Alto Networks in a report on Friday. Barclays restated an “overweight” rating and issued a $215.00 target price (up from $210.00) on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Stephens restated an “equal weight” rating and issued a $205.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, KeyCorp downgraded shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 31st. Thirty investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus price target of $214.64.

Palo Alto Networks Company Profile

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.