Naples Global Advisors LLC Acquires New Position in Palo Alto Networks, Inc. $PANW

Naples Global Advisors LLC bought a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,162 shares of the network technology company’s stock, valued at approximately $238,000.

Other institutional investors also recently bought and sold shares of the company. Nuveen LLC purchased a new position in Palo Alto Networks during the first quarter worth about $810,047,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Palo Alto Networks during the 2nd quarter valued at about $633,068,000. Goldman Sachs Group Inc. lifted its holdings in shares of Palo Alto Networks by 41.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after acquiring an additional 2,134,735 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Palo Alto Networks by 77.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company’s stock worth $662,000,000 after acquiring an additional 1,688,432 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in Palo Alto Networks by 2.5% in the first quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock valued at $10,712,019,000 after purchasing an additional 1,541,637 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total value of $141,512.00. Following the transaction, the chief accounting officer owned 32,474 shares in the company, valued at approximately $6,564,943.84. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total value of $1,020,950.00. Following the sale, the executive vice president owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. This trade represents a 4.94% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,315,130 shares of company stock valued at $259,351,606. Company insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Down 1.0%

NASDAQ PANW opened at $207.19 on Friday. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $212.10. The business has a 50 day moving average price of $190.20 and a two-hundred day moving average price of $188.20. The stock has a market cap of $138.59 billion, a PE ratio of 129.09, a P/E/G ratio of 4.98 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the previous year, the company 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. Sell-side analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on PANW shares. JMP Securities reaffirmed a “market outperform” rating and set a $212.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Morgan Stanley increased their target price on Palo Alto Networks from $210.00 to $216.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. Rosenblatt Securities reduced their target price on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a report on Thursday, August 14th. Westpark Capital restated a “hold” rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $223.00 price objective on shares of Palo Alto Networks in a report on Friday, August 15th. Thirty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus price target of $214.64.

Palo Alto Networks 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.