Lyell Wealth Management LP Has $34.41 Million Stock Position in Palo Alto Networks, Inc. $PANW

Lyell Wealth Management LP increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 2.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 168,972 shares of the network technology company’s stock after buying an additional 4,136 shares during the quarter. Palo Alto Networks makes up 2.6% of Lyell Wealth Management LP’s investment portfolio, making the stock its 7th largest holding. Lyell Wealth Management LP’s holdings in Palo Alto Networks were worth $34,406,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PANW. Darwin Wealth Management LLC bought a new position in Palo Alto Networks in the 2nd quarter worth approximately $25,000. Whipplewood Advisors LLC increased its holdings in shares of Palo Alto Networks by 6,400.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after purchasing an additional 128 shares during the period. Briaud Financial Planning Inc acquired a new position in shares of Palo Alto Networks during the second quarter valued at about $28,000. Howard Hughes Medical Institute bought a new position in Palo Alto Networks during the second quarter valued at about $29,000. Finally, MTM Investment Management LLC bought a new stake in shares of Palo Alto Networks in the 2nd quarter worth approximately $31,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Buying and Selling

In related news, Director James J. Goetz sold 12,500 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $195.33, for a total transaction of $2,441,625.00. Following the completion of the transaction, the director owned 75,184 shares in the company, valued at approximately $14,685,690.72. The trade was a 14.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Josh D. Paul sold 800 shares of Palo Alto Networks stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $184.81, for a total transaction of $147,848.00. Following the transaction, the chief accounting officer directly owned 46,005 shares in the company, valued at approximately $8,502,184.05. This represents a 1.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 260,542 shares of company stock valued at $49,910,995 in the last three months. 1.40% of the stock is currently owned by company insiders.

Palo Alto Networks News Summary

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Long-term bull case highlighted — several analyst/commentary pieces argue PANW remains a structural growth name in cybersecurity and a smart buy for long-term investors. Read More.
• Positive Sentiment: Company growth deals and product momentum are cited as offsets to recent analyst cuts, reinforcing the view that near-term analyst noise may not derail multi-year growth. Read More.
• Neutral Sentiment: Q2 preview: Zacks notes PANW is entering Q2 with mid?teen revenue growth expectations but flags decelerating ARR momentum and a premium valuation — a key focus for the upcoming print. Read More.
• Neutral Sentiment: Market commentary: PANW recently dropped more than the broader market in intraday moves, reflecting short-term volatility ahead of earnings. Read More.
• Negative Sentiment: Analyst price-target cuts: JPMorgan lowered its PANW target to $225, and other firms (Rosenblatt, BTIG) trimmed targets (Rosenblatt to $225; BTIG to $200), which reduces near-term upside expectations despite some firms maintaining “buy” ratings. Read More. Read More. Read More.
• Negative Sentiment: Deal and listing risk: reports say PANW plans a dual listing on the Tel?Aviv Stock Exchange after closing the ~$25B CyberArk acquisition — there’s short?term investor concern about integration complexity and political/geographic exposure. Read More.
• Negative Sentiment: Geopolitical/reputational risk: Reuters reports PANW opted not to publicly tie China to a recent global hacking campaign it exposed, citing fears of retaliation — this raises potential client, regulatory and reputation considerations. Read More.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on PANW. Robert W. Baird raised their target price on Palo Alto Networks from $230.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, November 14th. Royal Bank Of Canada set a $220.00 price objective on Palo Alto Networks in a report on Wednesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Palo Alto Networks in a research report on Monday, December 29th. DA Davidson lowered their target price on shares of Palo Alto Networks from $240.00 to $210.00 and set a “buy” rating on the stock in a report on Wednesday. Finally, Wolfe Research boosted their price target on shares of Palo Alto Networks from $225.00 to $250.00 and gave the company an “outperform” rating in a research report on Monday, December 15th. Thirty-one research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $223.97.

Palo Alto Networks Trading Up 2.5%

Shares of NASDAQ:PANW opened at $166.95 on Friday. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $223.61. The stock has a market capitalization of $116.36 billion, a P/E ratio of 105.66, a P/E/G ratio of 3.89 and a beta of 0.75. The business has a 50-day moving average price of $182.26 and a two-hundred day moving average price of $192.27.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Thursday, November 20th. The network technology company reported $0.93 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. Palo Alto Networks had a net margin of 11.69% and a return on equity of 17.05%. The business had revenue of $2.47 billion during the quarter, compared to the consensus estimate of $2.46 billion. During the same period in the previous year, the firm posted $1.56 earnings per share. Palo Alto Networks’s revenue for the quarter was up 15.7% compared to the same quarter last year. As a group, equities analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Palo Alto Networks 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.