Wagner Wealth Management LLC Purchases 81 Shares of Palo Alto Networks, Inc. $PANW

Wagner Wealth Management LLC boosted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 6.3% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,372 shares of the network technology company’s stock after purchasing an additional 81 shares during the quarter. Wagner Wealth Management LLC’s holdings in Palo Alto Networks were worth $281,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the company. Nuveen LLC purchased a new position in Palo Alto Networks in the first quarter worth approximately $810,047,000. Kingstone Capital Partners Texas LLC acquired a new position in Palo Alto Networks during the second quarter worth about $633,068,000. GAMMA Investing LLC grew its stake in shares of Palo Alto Networks by 18,802.8% in the 1st quarter. GAMMA Investing LLC now owns 2,410,290 shares of the network technology company’s stock valued at $411,292,000 after buying an additional 2,397,539 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Palo Alto Networks by 41.9% in the first quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock valued at $1,234,650,000 after buying an additional 2,134,735 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in Palo Alto Networks by 77.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company’s stock valued at $662,000,000 after buying an additional 1,688,432 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on PANW. Cantor Fitzgerald reissued an “overweight” rating and set a $223.00 price objective on shares of Palo Alto Networks in a report on Friday, August 15th. Scotiabank boosted their target price on shares of Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, August 19th. Stephens reissued an “equal weight” rating and issued a $205.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 price target on shares of Palo Alto Networks and gave the company an “outperform” rating in a report on Tuesday, August 19th. Finally, Wedbush reaffirmed an “outperform” rating and set a $225.00 price objective on shares of Palo Alto Networks in a research report on Monday, September 15th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $214.64.

Palo Alto Networks Stock Performance

PANW stock opened at $202.37 on Friday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $210.39. The firm has a market cap of $135.37 billion, a PE ratio of 126.09, a PEG ratio of 4.82 and a beta of 0.98. The firm’s 50 day moving average price is $189.58 and its 200-day moving average price is $187.40.

Palo Alto Networks (NASDAQ:PANW) last released its 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 during the quarter, compared to analyst estimates of $2.50 billion. During the same period in the prior year, the business earned $0.75 earnings per share. The business’s quarterly revenue was up 15.8% on a year-over-year basis. 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 predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the transaction, the chief executive officer owned 275,013 shares in the company, valued at approximately $56,119,152.78. This represents a 75.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,415,030 shares of company stock worth $279,198,494. 2.50% of the stock is owned by company insiders.

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.