Apexium Financial LP Raises Stake in Palo Alto Networks, Inc. $PANW

Apexium Financial LP raised its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,228 shares of the network technology company’s stock after purchasing an additional 65 shares during the quarter. Apexium Financial LP’s holdings in Palo Alto Networks were worth $456,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Quent Capital LLC lifted its holdings in Palo Alto Networks by 5.8% during the second quarter. Quent Capital LLC now owns 1,135 shares of the network technology company’s stock valued at $232,000 after purchasing an additional 62 shares in the last quarter. NTV Asset Management LLC raised its position in shares of Palo Alto Networks by 1.4% during the second quarter. NTV Asset Management LLC now owns 10,784 shares of the network technology company’s stock valued at $2,207,000 after buying an additional 152 shares during the last quarter. Hennessy Advisors Inc. bought a new stake in shares of Palo Alto Networks during the second quarter valued at approximately $125,000. Tilia Fiduciary Partners Inc. raised its position in shares of Palo Alto Networks by 1.7% during the second quarter. Tilia Fiduciary Partners Inc. now owns 13,104 shares of the network technology company’s stock valued at $2,682,000 after buying an additional 225 shares during the last quarter. Finally, Ameriflex Group Inc. raised its position in shares of Palo Alto Networks by 12.5% during the second quarter. Ameriflex Group Inc. now owns 1,472 shares of the network technology company’s stock valued at $298,000 after buying an additional 164 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

PANW has been the topic of several recent analyst reports. JMP Securities reiterated a “market outperform” rating and set a $212.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Cantor Fitzgerald reiterated an “overweight” rating and set a $223.00 price objective on shares of Palo Alto Networks in a research report on Friday, August 15th. Wedbush reiterated an “outperform” rating and set a $225.00 price objective on shares of Palo Alto Networks in a research report on Monday, September 15th. Tigress Financial initiated coverage on shares of Palo Alto Networks in a research report on Friday, September 26th. They set a “buy” rating and a $245.00 price objective on the stock. Finally, DA Davidson reiterated a “buy” rating and set a $215.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Thirty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average price target of $214.64.

Palo Alto Networks Trading Down 1.0%

Shares of PANW opened at $207.19 on Friday. The firm has a market capitalization of $138.59 billion, a P/E ratio of 129.09, a P/E/G ratio of 4.93 and a beta of 0.98. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $212.10. The firm has a fifty day moving average price of $190.20 and a 200-day moving average price of $188.21.

Palo Alto Networks (NASDAQ:PANW) last released 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. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company 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 firm earned $0.75 earnings per share. The firm’s revenue for the quarter 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. Analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total value of $141,512.00. Following the completion of the sale, the chief accounting officer directly owned 32,474 shares of the company’s stock, valued at $6,564,943.84. This represents a 2.11% 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, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the sale, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. This trade represents a 75.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,315,130 shares of company stock valued at $259,351,606 over the last quarter. 2.50% of the stock is owned by company insiders.

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.