Palo Alto Networks, Inc. $PANW Shares Bought by Greenwood Gearhart Inc.

Greenwood Gearhart Inc. lifted its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 1,934.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,688 shares of the network technology company’s stock after acquiring an additional 50,098 shares during the period. Greenwood Gearhart Inc.’s holdings in Palo Alto Networks were worth $10,782,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. St. Clair Advisors LLC boosted its stake in Palo Alto Networks by 0.3% during the 2nd quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock worth $3,233,000 after purchasing an additional 50 shares during the last quarter. Csenge Advisory Group boosted its position in Palo Alto Networks by 2.4% during the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock worth $381,000 after acquiring an additional 53 shares during the last quarter. TFG Advisers LLC boosted its position in Palo Alto Networks by 1.1% during the second quarter. TFG Advisers LLC now owns 4,668 shares of the network technology company’s stock worth $955,000 after acquiring an additional 53 shares during the last quarter. GSG Advisors LLC boosted its position in Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock worth $2,154,000 after acquiring an additional 54 shares during the last quarter. Finally, SYM FINANCIAL Corp boosted its holdings in shares of Palo Alto Networks by 1.4% during the 1st quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company’s stock worth $691,000 after purchasing an additional 55 shares during the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on PANW. Guggenheim boosted their target price on Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a report on Tuesday, August 19th. Wedbush reissued an “outperform” rating and set a $225.00 price objective on shares of Palo Alto Networks in a research note on Monday, September 15th. BMO Capital Markets boosted their price target on shares of Palo Alto Networks from $217.00 to $225.00 and gave the company an “outperform” rating in a research report on Tuesday, August 19th. Truist Financial set a $220.00 price target on shares of Palo Alto Networks and gave the company a “buy” rating in a research report on Tuesday, August 19th. Finally, Rosenblatt Securities lowered their price target on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a research report on Thursday, August 14th. Twenty-eight analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus target price of $214.95.

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the firm’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 transaction, the executive vice president directly owned 96,135 shares in the company, valued at $19,629,805.65. This trade represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total value of $172,718,016.48. Following the transaction, the chief executive officer directly owned 275,013 shares in the company, valued at approximately $56,119,152.78. The trade was a 75.48% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,315,130 shares of company stock valued at $260,687,367. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Price Performance

NASDAQ PANW opened at $208.55 on Friday. The firm’s 50-day moving average is $192.94 and its two-hundred day moving average is $189.14. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $217.94. The stock has a market capitalization of $139.50 billion, a P/E ratio of 129.94, a PEG ratio of 5.12 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping 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 firm had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period in the prior year, the business posted $0.75 EPS. The business’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. As a group, analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

About Palo Alto Networks

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.