Laidlaw Wealth Management LLC Purchases Shares of 3,790 Palo Alto Networks, Inc. $PANW

Laidlaw Wealth Management LLC acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,790 shares of the network technology company’s stock, valued at approximately $1,292,000. Palo Alto Networks makes up approximately 3.7% of Laidlaw Wealth Management LLC’s portfolio, making the stock its 7th largest holding.

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

Analyst Ratings Changes

PANW has been the subject of several recent analyst reports. Northland Securities raised their target price on shares of Palo Alto Networks from $190.00 to $302.00 and gave the company a “market perform” rating in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft upped their price target on shares of Palo Alto Networks from $220.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. DA Davidson increased their target price on Palo Alto Networks from $190.00 to $345.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. William Blair reissued an “outperform” rating on shares of Palo Alto Networks in a report on Tuesday, June 16th. Finally, Stifel Nicolaus set a $415.00 price target on shares of Palo Alto Networks and gave the company a “buy” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $362.67.

Insider Transactions at Palo Alto Networks

In other news, Director James J. Goetz sold 20,000 shares of the firm’s stock in a transaction that occurred on 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 sale, 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Helle Thorning-Schmidt sold 700 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total transaction of $242,795.00. Following the sale, the director directly owned 5,898 shares in the company, valued at $2,045,721.30. This trade represents a 10.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 37,935 shares of company stock valued at $10,809,461. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Up 2.4%

NASDAQ PANW opened at $358.04 on Friday. The business has a fifty day moving average price of $337.38 and a two-hundred day moving average price of $241.72. The stock has a market capitalization of $291.80 billion, a PE ratio of 293.48, a PEG ratio of 11.74 and a beta of 0.91. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $398.88. 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 (NASDAQ:PANW) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the previous year, the firm earned $0.37 EPS. Palo Alto Networks’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. Equities analysts expect that Palo Alto Networks, Inc. will post 2.02 earnings per share 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.