Palo Alto Networks, Inc. $PANW Shares Purchased by John G Ullman & Associates Inc.

John G Ullman & Associates Inc. increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 15.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,256 shares of the network technology company’s stock after purchasing an additional 300 shares during the period. John G Ullman & Associates Inc.’s holdings in Palo Alto Networks were worth $462,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Palo Alto Networks during the first quarter worth about $261,000. Strive Asset Management LLC increased its position in Palo Alto Networks by 16.6% during the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock worth $358,000 after purchasing an additional 299 shares during the last quarter. GAMMA Investing LLC increased its position in Palo Alto Networks by 10.8% during the first quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock worth $2,410,000 after purchasing an additional 1,374 shares during the last quarter. Avity Investment Management Inc. boosted its stake in Palo Alto Networks by 37.9% during the second quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company’s stock worth $37,181,000 after buying an additional 49,971 shares during the period. Finally, Czech National Bank boosted its stake in Palo Alto Networks by 6.4% during the second quarter. Czech National Bank now owns 161,840 shares of the network technology company’s stock worth $33,119,000 after buying an additional 9,766 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the transaction, the executive vice president owned 3,143,516 shares in the company, valued at $543,199,564.80. The trade was a 3.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Nikesh Arora sold 846,408 shares of Palo Alto Networks stock in a transaction that occurred on 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 transaction, the chief executive officer owned 275,013 shares of the company’s stock, valued at $56,119,152.78. This represents a 75.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,315,130 shares of company stock valued at $260,687,367 over the last ninety days. 2.50% of the stock is currently owned by corporate insiders.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $207.89 on Friday. The stock has a market capitalization of $139.06 billion, a P/E ratio of 129.53, a price-to-earnings-growth ratio of 4.94 and a beta of 0.98. The company has a 50 day moving average price of $196.80 and a 200 day moving average price of $190.41. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $217.94.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion during 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 quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the business 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. On average, research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. DA Davidson reaffirmed a “buy” rating and set a $215.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Westpark Capital reaffirmed a “hold” rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Scotiabank increased 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 reaffirmed an “equal weight” rating and set a $205.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, Guggenheim increased their target price on shares of Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research note on Tuesday, August 19th. Thirty research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $216.60.

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.