Strategic Blueprint LLC Buys 2,379 Shares of Palo Alto Networks, Inc. $PANW

Strategic Blueprint LLC grew its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 6.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,744 shares of the network technology company’s stock after buying an additional 2,379 shares during the period. Strategic Blueprint LLC’s holdings in Palo Alto Networks were worth $8,542,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Palo Alto Networks during the 1st quarter valued at about $261,000. Strive Asset Management LLC raised its position in Palo Alto Networks by 16.6% in the 1st quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock valued at $358,000 after buying an additional 299 shares during the last quarter. GAMMA Investing LLC raised its position in Palo Alto Networks by 10.8% in the 1st quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock valued at $2,410,000 after buying an additional 1,374 shares during the last quarter. Avity Investment Management Inc. raised its position in Palo Alto Networks by 37.9% in the 2nd quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company’s stock valued at $37,181,000 after buying an additional 49,971 shares during the last quarter. Finally, Czech National Bank increased its position in shares of Palo Alto Networks by 6.4% during the 2nd quarter. Czech National Bank now owns 161,840 shares of the network technology company’s stock worth $33,119,000 after purchasing an additional 9,766 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

PANW opened at $212.42 on Thursday. The firm has a market cap of $142.09 billion, a P/E ratio of 132.35, a price-to-earnings-growth ratio of 5.10 and a beta of 0.98. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $217.94. The business’s fifty day moving average is $199.16 and its 200-day moving average is $191.31.

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

Insider Buying and Selling at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total transaction of $141,512.00. Following the completion of the sale, the chief accounting officer directly owned 32,474 shares in the company, valued at $6,564,943.84. This represents a 2.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total value of $172,718,016.48. Following the sale, the chief executive officer owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. This represents a 75.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,315,130 shares of company stock worth $260,687,367 over the last quarter. 2.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Stephens reaffirmed an “equal weight” rating and set a $205.00 price target on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Wedbush reaffirmed an “outperform” rating and issued a $225.00 price objective on shares of Palo Alto Networks in a report on Monday, September 15th. KeyCorp lowered Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 31st. BTIG Research raised Palo Alto Networks from a “neutral” rating to a “buy” rating in a report on Monday, October 13th. Finally, Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the company an “outperform” rating in a report on Tuesday, August 19th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $217.22.

Palo Alto Networks Company 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.