Palo Alto Networks, Inc. $PANW Stake Raised by Simon Quick Advisors LLC

Simon Quick Advisors LLC grew its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 12.2% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 8,393 shares of the network technology company’s stock after purchasing an additional 910 shares during the quarter. Simon Quick Advisors LLC’s holdings in Palo Alto Networks were worth $1,718,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. St. Clair Advisors LLC lifted its position in Palo Alto Networks by 0.3% in the second 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 period. Astoria Portfolio Advisors LLC. lifted its position in Palo Alto Networks by 2.1% in the second quarter. Astoria Portfolio Advisors LLC. now owns 2,467 shares of the network technology company’s stock worth $496,000 after purchasing an additional 50 shares during the period. Csenge Advisory Group lifted its position in Palo Alto Networks by 2.4% in the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock worth $381,000 after purchasing an additional 53 shares during the period. TFG Advisers LLC lifted its position in Palo Alto Networks by 1.1% in the second quarter. TFG Advisers LLC now owns 4,668 shares of the network technology company’s stock worth $955,000 after purchasing an additional 53 shares during the period. Finally, GSG Advisors LLC lifted its position in Palo Alto Networks by 0.4% in the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock worth $2,154,000 after purchasing an additional 54 shares during the period. Institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on PANW. Scotiabank upped their target price on Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, August 19th. BTIG Research upgraded Palo Alto Networks from a “neutral” rating to a “buy” rating in a research report on Monday, October 13th. Cantor Fitzgerald restated an “overweight” rating and issued a $223.00 target price on shares of Palo Alto Networks in a research report on Friday, August 15th. Wedbush restated an “outperform” rating and issued a $225.00 target price on shares of Palo Alto Networks in a research report on Monday, September 15th. Finally, Rosenblatt Securities cut their price objective on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a research report on Thursday, August 14th. Thirty research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $218.17.

Insiders Place Their Bets

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction dated 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 directly owned 96,135 shares in the company, valued at approximately $19,629,805.65. This trade represents a 4.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, 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 transaction, the chief accounting officer owned 32,474 shares in the company, valued at $6,564,943.84. This represents a 2.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,215,130 shares of company stock valued at $243,407,367 in the last 90 days. Insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $218.27 on Friday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61. The stock has a fifty day moving average of $203.82 and a 200-day moving average of $193.81. The company has a market capitalization of $146.00 billion, a PE ratio of 135.99, a price-to-earnings-growth ratio of 5.16 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company’s revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.75 EPS. 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, research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Palo Alto Networks Company 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.