M1 Capital Management LLC Takes Position in Palo Alto Networks, Inc. $PANW

M1 Capital Management LLC bought a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 1,470 shares of the network technology company’s stock, valued at approximately $501,000.

Other institutional investors have also bought and sold shares of the company. N.E.W. Advisory Services LLC bought a new stake in Palo Alto Networks during the 2nd quarter valued at approximately $27,000. Comprehensive Financial Planning Inc. PA purchased a new stake in Palo Alto Networks during the 2nd quarter valued at approximately $36,000. Kilter Group LLC bought a new stake in shares of Palo Alto Networks during the second quarter valued at approximately $39,000. Allied Private Wealth LLC purchased a new position in shares of Palo Alto Networks in the second quarter worth $38,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of Palo Alto Networks in the second quarter worth $25,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Activity

In related news, Director Helle Thorning-Schmidt sold 700 shares of the firm’s stock in a transaction on Tuesday, July 7th. The stock was sold at an average price of $346.85, for a total value of $242,795.00. Following the completion of 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director John P. Key sold 7,500 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the transaction, the director owned 12,500 shares in the company, valued at $3,490,500. This trade represents a 37.50% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 37,935 shares of company stock worth $10,809,461. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Up 2.4%

Shares of NASDAQ:PANW opened at $358.04 on Friday. The company has a market cap of $291.80 billion, a price-to-earnings ratio of 293.48, a PEG ratio of 11.74 and a beta of 0.91. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $398.88. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a 50-day moving average price of $337.38 and a 200 day moving average price of $241.72.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data 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 business had revenue of $3 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the business 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. As a group, equities research analysts predict that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Evercore reaffirmed an “outperform” rating and set a $415.00 target price on shares of Palo Alto Networks in a research note on Wednesday, July 8th. Capital One Financial set a $421.00 price target on shares of Palo Alto Networks and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Morgan Stanley set a $400.00 price objective on shares of Palo Alto Networks in a report on Monday. Arete Research raised their price objective on Palo Alto Networks from $185.00 to $433.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Finally, Berenberg Bank lifted their target price on Palo Alto Networks from $290.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus target price of $362.67.

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.