Syntax Research Inc. Purchases 1,885 Shares of Palo Alto Networks, Inc. $PANW

Syntax Research Inc. lifted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 13.2% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,125 shares of the network technology company’s stock after buying an additional 1,885 shares during the quarter. Palo Alto Networks comprises 1.6% of Syntax Research Inc.’s holdings, making the stock its 19th biggest position. Syntax Research Inc.’s holdings in Palo Alto Networks were worth $2,585,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position in Palo Alto Networks by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock worth $12,512,533,000 after acquiring an additional 2,659,100 shares during the period. State Street Corp boosted its holdings in Palo Alto Networks by 2.0% in the 4th quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock valued at $5,587,100,000 after purchasing an additional 594,789 shares during the period. Bank of America Corp DE grew its position in shares of Palo Alto Networks by 11.9% during the 4th quarter. Bank of America Corp DE now owns 19,375,486 shares of the network technology company’s stock worth $3,568,964,000 after purchasing an additional 2,065,776 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Palo Alto Networks by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock worth $2,934,935,000 after purchasing an additional 540,756 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Palo Alto Networks during the fourth quarter worth approximately $1,415,364,000. Institutional investors own 79.82% of the company’s stock.

Trending Headlines about Palo Alto Networks

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

• Positive Sentiment: Wells Fargo raised its price target on Palo Alto Networks to $420 from $325 and kept an overweight rating, signaling further upside potential. Wells Fargo target raise
• Positive Sentiment: BNP Paribas Exane lifted its target to $380 from $330 and reiterated an outperform rating, adding to the bullish analyst tone around PANW. BNP Paribas Exane target raise
• Positive Sentiment: BTIG Research also raised its target to $380 from $333 and maintained a buy rating, reinforcing expectations for continued share-price strength. BTIG target raise
• Positive Sentiment: Recent coverage highlighted PANW’s strong fiscal Q3 results, with revenue and ARR beats and growing demand tied to AI-driven cybersecurity and observability, which has helped keep sentiment constructive. Yahoo Finance article
• Neutral Sentiment: Several insiders sold small blocks of stock, including CAO Josh D. Paul and Director Aparna Bawa. While routine, insider selling can modestly temper enthusiasm for the stock. SEC filing

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $330.00 price target on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Needham & Company LLC raised their price objective on Palo Alto Networks from $200.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Loop Capital lifted their price objective on Palo Alto Networks from $160.00 to $290.00 and gave the company a “hold” rating in a report on Wednesday, June 3rd. Rosenblatt Securities upped their target price on Palo Alto Networks from $275.00 to $355.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Finally, William Blair reissued an “outperform” rating on shares of Palo Alto Networks in a report on Tuesday, June 16th. One analyst has rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $316.15.

Insider Buying and Selling at Palo Alto Networks

In related news, CAO Josh D. Paul sold 900 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $345.00, for a total value of $310,500.00. Following the sale, the chief accounting officer directly owned 79,644 shares of the company’s stock, valued at $27,477,180. This trade represents a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.90, for a total value of $5,598,000.00. Following the completion of the transaction, the director owned 20,000 shares in the company, valued at approximately $5,598,000. This represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 102,111 shares of company stock worth $27,204,024 over the last quarter. 1.40% of the stock is currently owned by company insiders.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $352.04 on Thursday. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $358.10. The stock has a market capitalization of $286.91 billion, a price-to-earnings ratio of 288.56, a price-to-earnings-growth ratio of 12.66 and a beta of 0.91. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The company’s 50 day simple moving average is $251.63 and its 200 day simple moving average is $199.26.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.06. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company’s quarterly revenue was up 31.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.37 earnings per share. 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. As a group, research analysts predict that Palo Alto Networks, Inc. will post 2.03 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.