Palo Alto Networks, Inc. $PANW Shares Bought by NTV Asset Management LLC

NTV Asset Management LLC lifted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,784 shares of the network technology company’s stock after purchasing an additional 152 shares during the period. NTV Asset Management LLC’s holdings in Palo Alto Networks were worth $2,207,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. HWG Holdings LP acquired a new position in shares of Palo Alto Networks in the 1st quarter worth approximately $31,000. Dagco Inc. acquired a new position in shares of Palo Alto Networks in the 1st quarter worth approximately $33,000. Marshall & Sullivan Inc. WA acquired a new position in shares of Palo Alto Networks in the 2nd quarter worth approximately $41,000. WPG Advisers LLC acquired a new position in shares of Palo Alto Networks in the 1st quarter worth approximately $37,000. Finally, Strategic Investment Solutions Inc. IL grew its stake in shares of Palo Alto Networks by 58.9% in the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after purchasing an additional 83 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on PANW. Truist Financial set a $220.00 price objective on shares of Palo Alto Networks and gave the stock a “buy” rating in a research note on Tuesday, August 19th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $232.00 target price on shares of Palo Alto Networks in a report on Tuesday, August 19th. KeyCorp cut shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 31st. Stephens reiterated an “equal weight” rating and issued a $205.00 target price on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, BMO Capital Markets raised their target price on shares of Palo Alto Networks from $217.00 to $225.00 and gave the stock an “outperform” rating in a report on Tuesday, August 19th. Thirty equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $214.64.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total value of $23,081,119.14. Following the completion of the sale, the executive vice president directly owned 177,954 shares in the company, valued at $34,008,788.94. The trade was a 40.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the completion of the sale, the executive vice president owned 96,135 shares of the company’s stock, valued at $19,629,805.65. The trade was a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,315,130 shares of company stock valued at $259,351,606. Insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of PANW opened at $207.19 on Friday. The company’s 50 day moving average price is $190.20 and its 200 day moving average price is $188.20. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $212.10. The company has a market capitalization of $138.59 billion, a PE ratio of 129.09, a PEG ratio of 4.98 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the previous year, the firm posted $0.75 earnings per share. The firm’s 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. On average, equities analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

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.