Goodman Advisory Group LLC Boosts Stake in Palo Alto Networks, Inc. $PANW

Goodman Advisory Group LLC increased its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 28.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,687 shares of the network technology company’s stock after acquiring an additional 7,710 shares during the period. Palo Alto Networks makes up approximately 1.4% of Goodman Advisory Group LLC’s portfolio, making the stock its 26th biggest holding. Goodman Advisory Group LLC’s holdings in Palo Alto Networks were worth $5,561,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Darwin Wealth Management LLC purchased a new stake in shares of Palo Alto Networks during the 2nd quarter worth $25,000. Steph & Co. increased its holdings in shares of Palo Alto Networks by 88.2% in the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after purchasing an additional 67 shares in the last quarter. Knuff & Co LLC purchased a new position in shares of Palo Alto Networks in the 4th quarter valued at about $26,000. Sittner & Nelson LLC lifted its stake in shares of Palo Alto Networks by 73.8% in the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 62 shares during the period. Finally, Luken Investment Analytics LLC boosted its holdings in Palo Alto Networks by 196.2% during the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after buying an additional 102 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling

In other news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total value of $802,100.00. Following the sale, the executive vice president directly owned 150,250 shares in the company, valued at $24,103,105. This represents a 3.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Lee Klarich sold 62,904 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the sale, the executive vice president directly owned 235,983 shares in the company, valued at approximately $61,037,002.95. The trade was a 21.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 106,389 shares of company stock valued at $27,570,630. Company insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

PANW has been the topic of several recent analyst reports. William Blair restated an “outperform” rating on shares of Palo Alto Networks in a research report on Tuesday, June 16th. Evercore reiterated an “outperform” rating and set a $375.00 price target on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Arete Research raised Palo Alto Networks from a “sell” rating to a “buy” rating and set a $185.00 price target on the stock in a research note on Tuesday, March 3rd. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $325.00 price objective (up from $285.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $345.00 price objective (up from $265.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $306.59.

Palo Alto Networks Trading Up 3.8%

Shares of PANW opened at $304.20 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $306.24. The stock has a market cap of $247.92 billion, a price-to-earnings ratio of 249.34, a price-to-earnings-growth ratio of 11.30 and a beta of 0.94. The firm has a 50 day simple moving average of $241.22 and a 200-day simple moving average of $196.11.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.Palo Alto Networks’s revenue was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.37 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. Equities analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

About Palo Alto Networks

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.