PDS Planning Inc Purchases 119 Shares of Palo Alto Networks, Inc. $PANW

PDS Planning Inc boosted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,226 shares of the network technology company’s stock after purchasing an additional 119 shares during the quarter. PDS Planning Inc’s holdings in Palo Alto Networks were worth $660,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Palo Alto Networks by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock worth $10,712,019,000 after purchasing an additional 1,541,637 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Palo Alto Networks by 41.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after buying an additional 2,134,735 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Palo Alto Networks by 16.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company’s stock worth $1,177,765,000 after buying an additional 950,765 shares during the period. Nuveen LLC acquired a new position in shares of Palo Alto Networks during the 1st quarter worth about $810,047,000. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Palo Alto Networks by 5.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,422,037 shares of the network technology company’s stock worth $754,576,000 after buying an additional 219,111 shares during the period. 79.82% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

PANW has been the subject of several analyst reports. Stephens restated an “equal weight” rating and set a $205.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Bank of America upgraded Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 target price for the company in a research report on Tuesday, August 19th. KeyCorp lowered Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Guggenheim boosted their target price on Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research report on Tuesday, August 19th. Finally, DA Davidson restated a “buy” rating and set a $215.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Twenty-eight analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $214.95.

Palo Alto Networks Stock Performance

Shares of PANW opened at $208.55 on Friday. The stock has a 50 day simple moving average of $192.94 and a 200 day simple moving average of $189.17. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $217.94. The firm has a market capitalization of $139.50 billion, a PE ratio of 129.94, a P/E/G ratio of 4.96 and a beta of 0.98.

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

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, EVP Nir Zuk sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the sale, the executive vice president owned 3,143,516 shares in the company, valued at approximately $543,199,564.80. The trade was a 3.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the completion of the sale, the chief executive officer owned 275,013 shares in the company, valued at $56,119,152.78. The trade was a 75.48% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,315,130 shares of company stock worth $260,687,367. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Profile

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.