NewEdge Wealth LLC Raises Holdings in Palo Alto Networks, Inc. $PANW

NewEdge Wealth LLC raised its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 34.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 83,573 shares of the network technology company’s stock after purchasing an additional 21,241 shares during the quarter. NewEdge Wealth LLC’s holdings in Palo Alto Networks were worth $17,816,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. MJP Associates Inc. ADV boosted its position in shares of Palo Alto Networks by 3.6% during the 3rd quarter. MJP Associates Inc. ADV now owns 2,754 shares of the network technology company’s stock valued at $561,000 after acquiring an additional 95 shares during the last quarter. Grange Capital LLC increased its position in Palo Alto Networks by 187.1% in the third quarter. Grange Capital LLC now owns 11,890 shares of the network technology company’s stock worth $2,421,000 after purchasing an additional 7,749 shares during the last quarter. Essex Financial Services Inc. raised its stake in Palo Alto Networks by 14.2% during the third quarter. Essex Financial Services Inc. now owns 4,212 shares of the network technology company’s stock valued at $858,000 after purchasing an additional 523 shares in the last quarter. King Wealth Management Group lifted its position in Palo Alto Networks by 181.7% during the third quarter. King Wealth Management Group now owns 3,116 shares of the network technology company’s stock valued at $634,000 after purchasing an additional 2,010 shares during the last quarter. Finally, Syon Capital LLC lifted its position in Palo Alto Networks by 63.3% during the third quarter. Syon Capital LLC now owns 3,925 shares of the network technology company’s stock valued at $799,000 after purchasing an additional 1,522 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Piper Sandler restated an “overweight” rating and issued a $265.00 target price (up from $230.00) on shares of Palo Alto Networks in a report on Monday, January 5th. JPMorgan Chase & Co. dropped their price target on Palo Alto Networks from $235.00 to $225.00 and set an “overweight” rating for the company in a research report on Tuesday, February 10th. Deutsche Bank Aktiengesellschaft decreased their price objective on Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating on the stock in a research report on Wednesday. DA Davidson set a $190.00 target price on Palo Alto Networks and gave the stock a “buy” rating in a report on Wednesday. Finally, UBS Group set a $215.00 target price on Palo Alto Networks and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Thirty-three research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $215.68.

Insider Transactions at Palo Alto Networks

In related news, CAO Josh D. Paul sold 800 shares of Palo Alto Networks stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $184.81, for a total transaction of $147,848.00. Following the completion of the sale, the chief accounting officer owned 46,005 shares of the company’s stock, valued at $8,502,184.05. The trade was a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $188.18, for a total transaction of $940,900.00. Following the transaction, the executive vice president directly owned 155,119 shares of the company’s stock, valued at $29,190,293.42. This represents a 3.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 260,542 shares of company stock worth $49,910,995 in the last 90 days. 1.40% of the stock is owned by company insiders.

Palo Alto Networks News Roundup

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Q2 results beat estimates—EPS $1.03 and revenue roughly $2.59B; Next‑Gen Security ARR grew ~33% and RPO rose, supporting recurring revenue momentum. Palo Alto Networks Reports Fiscal Second Quarter 2026 Financial Results
• Positive Sentiment: Company raised full‑year revenue outlook to about $11.28–11.31B, signaling continued top‑line strength from its platform strategy. Palo Alto Networks Lifts Revenue Outlook as Second‑Quarter Profit Jumps (WSJ)
• Positive Sentiment: Management is investing to secure the AI/agentic endpoint (Koi acquisition) and expand capabilities (CyberArk, Chronosphere), which could strengthen long‑term competitive positioning. Palo Alto Announces Intent to Acquire Koi (PRNewswire)
• Neutral Sentiment: Analysts and firms are mixed—some reaffirmed outperform/buy ratings and cited long‑term upside while others trimmed price targets; overall street sentiment remains largely constructive but cautious. Jefferies: Palo Alto to emerge stronger despite M&A headwinds
• Negative Sentiment: Management lowered near‑term profit guidance, citing higher integration and acquisition costs—this cut to the profit outlook is the primary driver of the share decline. Palo Alto shares fall as deal costs pile up (Reuters)
• Negative Sentiment: Multiple brokers trimmed price targets and adjusted models after the guidance update (Deutsche, Goldman, Scotiabank, Loop, Stifel, BMO, Needham, Susquehanna, etc.), adding selling pressure. Analyst price‑target adjustments (MarketScreener example)
• Negative Sentiment: Sector and AI‑software weakness amplified the move—CEO sought to defend the company’s differentiation, but market sentiment for high‑growth software names remains tenuous. Palo Alto shares sink as CEO defends strategy (CNBC)

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $152.35 on Thursday. The firm has a market cap of $106.19 billion, a PE ratio of 84.17, a price-to-earnings-growth ratio of 3.91 and a beta of 0.75. The firm’s 50 day simple moving average is $180.25 and its 200-day simple moving average is $191.93. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, February 17th. The network technology company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. Palo Alto Networks had a return on equity of 18.42% and a net margin of 12.96%.The company had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.58 billion. During the same quarter in the prior year, the business earned $0.81 earnings per share. Palo Alto Networks’s revenue was up 14.9% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. Equities research analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Palo Alto Networks Profile

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.