PFG Investments LLC Buys 1,756 Shares of Palo Alto Networks, Inc. $PANW

PFG Investments LLC lifted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 9.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 19,884 shares of the network technology company’s stock after purchasing an additional 1,756 shares during the quarter. PFG Investments LLC’s holdings in Palo Alto Networks were worth $3,188,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC increased its holdings in Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after buying an additional 4,031 shares during the period. Bison Wealth LLC lifted its holdings in shares of Palo Alto Networks by 169.1% during the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock worth $948,000 after acquiring an additional 3,275 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of Palo Alto Networks by 66.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock worth $713,000 after acquiring an additional 1,389 shares during the period. Osterweis Capital Management Inc. boosted its position in shares of Palo Alto Networks by 11,100.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock worth $115,000 after acquiring an additional 555 shares in the last quarter. Finally, Main Street Financial Solutions LLC boosted its position in shares of Palo Alto Networks by 6.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company’s stock worth $900,000 after acquiring an additional 249 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on PANW shares. Sanford C. Bernstein boosted their price objective on shares of Palo Alto Networks from $209.00 to $253.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Needham & Company LLC raised their target price on Palo Alto Networks from $200.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Berenberg Bank lifted their price target on Palo Alto Networks from $290.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. BTIG Research boosted their price target on Palo Alto Networks from $333.00 to $380.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Susquehanna restated a “positive” rating and set a $350.00 price objective (up from $200.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $316.15.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of the stock in a transaction dated Friday, June 12th. The stock was 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 directly owned 20,000 shares in the company, valued at approximately $5,598,000. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Josh D. Paul sold 900 shares of Palo Alto Networks stock in a transaction dated Wednesday, July 1st. The shares were 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 in the company, valued at $27,477,180. The trade was a 1.12% 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 102,111 shares of company stock worth $27,204,024 over the last 90 days. 1.40% of the stock is currently owned by company insiders.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $348.06 on Friday. The company has a market cap of $283.67 billion, a price-to-earnings ratio of 285.30, a PEG ratio of 12.92 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 firm has a 50 day simple moving average of $258.43 and a 200 day simple moving average of $201.39. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $358.10.

Palo Alto Networks (NASDAQ:PANW) last posted 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. The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company’s revenue was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $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. Research analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Palo Alto Networks Company 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.