Palo Alto Networks, Inc. $PANW Shares Purchased by Boston Family Office LLC

Boston Family Office LLC increased its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 4.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 123,489 shares of the network technology company’s stock after buying an additional 4,830 shares during the period. Palo Alto Networks comprises approximately 1.4% of Boston Family Office LLC’s holdings, making the stock its 18th biggest position. Boston Family Office LLC’s holdings in Palo Alto Networks were worth $22,747,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently modified their holdings of PANW. Norges Bank acquired a new stake in shares of Palo Alto Networks during the 4th quarter valued at about $1,415,364,000. Vanguard Group Inc. grew its position in shares of Palo Alto Networks by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock valued at $12,512,533,000 after acquiring an additional 2,659,100 shares during the period. Victory Capital Management Inc. grew its position in shares of Palo Alto Networks by 108.3% during the 3rd quarter. Victory Capital Management Inc. now owns 2,467,692 shares of the network technology company’s stock valued at $502,263,000 after acquiring an additional 1,282,738 shares during the period. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Palo Alto Networks during the 4th quarter valued at about $164,968,000. Finally, Renaissance Technologies LLC grew its position in shares of Palo Alto Networks by 1,226.3% during the 4th quarter. Renaissance Technologies LLC now owns 908,500 shares of the network technology company’s stock valued at $167,346,000 after acquiring an additional 840,000 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. BNP Paribas Exane raised their target price on Palo Alto Networks from $220.00 to $330.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Capital One Financial raised their target price on Palo Alto Networks from $168.00 to $248.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. Berenberg Bank raised their target price on Palo Alto Networks from $290.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Morgan Stanley raised their target price on Palo Alto Networks from $253.00 to $320.00 and gave the company an “overweight” rating in a research report on Wednesday, June 3rd. Finally, Benchmark raised their price target on shares of Palo Alto Networks from $270.00 to $340.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $306.59.

Palo Alto Networks Trading Up 0.0%

PANW opened at $279.62 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. The company’s 50 day simple moving average is $216.44 and its two-hundred day simple moving average is $189.22. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $302.95. The firm has a market capitalization of $227.89 billion, a price-to-earnings ratio of 229.20, a price-to-earnings-growth ratio of 10.38 and a beta of 0.94.

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 analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period last year, the company posted $0.37 EPS. The business’s revenue was up 31.1% on a year-over-year basis. 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. Analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Insider Activity

In other news, Director Aparna Bawa sold 536 shares of Palo Alto Networks stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $280.00, for a total transaction of $150,080.00. Following the sale, the director owned 7,704 shares of the company’s stock, valued at approximately $2,157,120. The trade was a 6.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total transaction of $802,100.00. Following the sale, the executive vice president directly owned 150,250 shares in the company, valued at approximately $24,103,105. The trade was a 3.22% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 81,044 shares of company stock worth $20,424,722. 1.40% of the stock is owned by company insiders.

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.