Heck Capital Advisors LLC Has $397,000 Holdings in Palo Alto Networks, Inc. $PANW

Heck Capital Advisors LLC raised its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 4.6% in the second quarter, Holdings Channel.com reports. The firm owned 1,940 shares of the network technology company’s stock after buying an additional 86 shares during the period. Heck Capital Advisors LLC’s holdings in Palo Alto Networks were worth $397,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. HWG Holdings LP purchased a new position in shares of Palo Alto Networks during the first quarter valued at approximately $31,000. Dagco Inc. purchased a new position in Palo Alto Networks during the first quarter worth about $33,000. WPG Advisers LLC bought a new stake in Palo Alto Networks in the 1st quarter worth about $37,000. Strategic Investment Solutions Inc. IL increased its stake in Palo Alto Networks by 58.9% in the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after buying an additional 83 shares during the last quarter. Finally, Stonebridge Financial Group LLC lifted its position in shares of Palo Alto Networks by 46.8% during the 1st quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock worth $40,000 after buying an additional 74 shares in the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Stock Performance

Shares of PANW opened at $212.58 on Tuesday. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $213.85. The business has a 50-day moving average of $190.36 and a 200 day moving average of $188.45. The firm has a market cap of $142.19 billion, a P/E ratio of 132.45, a price-to-earnings-growth ratio of 4.93 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. The business had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company’s revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. As a group, research analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on PANW. Bank of America raised Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 target price for the company in a report on Tuesday, August 19th. DA Davidson reissued a “buy” rating and issued a $215.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the company an “outperform” rating in a research note on Tuesday, August 19th. Scotiabank lifted their target price on Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, August 19th. Finally, Westpark Capital restated a “hold” rating on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Thirty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $214.64.

Insider Buying and Selling

In other news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the transaction, the executive vice president directly owned 96,135 shares of the company’s stock, valued at $19,629,805.65. This trade represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total value of $141,512.00. Following the transaction, the chief accounting officer directly owned 32,474 shares of the company’s stock, valued at $6,564,943.84. The trade was a 2.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,194,356 shares of company stock worth $235,092,941 in the last 90 days. 2.50% of the stock is currently owned by company insiders.

About Palo Alto Networks

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.