Evelyn Partners Investment Management LLP Has $7.77 Million Stake in Palo Alto Networks, Inc. $PANW

Evelyn Partners Investment Management LLP lifted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,157 shares of the network technology company’s stock after purchasing an additional 2,351 shares during the period. Evelyn Partners Investment Management LLP’s holdings in Palo Alto Networks were worth $7,765,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of PANW. Brighton Jones LLC lifted its position in shares of Palo Alto Networks by 147.7% during the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock worth $1,230,000 after purchasing an additional 4,031 shares in the last quarter. Bison Wealth LLC lifted its position in shares of Palo Alto Networks by 169.1% during the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock worth $948,000 after purchasing an additional 3,275 shares in the last quarter. Sivia Capital Partners LLC lifted its position in shares of Palo Alto Networks by 66.3% during the second quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock worth $713,000 after purchasing an additional 1,389 shares in the last quarter. Osterweis Capital Management Inc. lifted its position in shares of Palo Alto Networks by 11,100.0% during the second quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock worth $115,000 after purchasing an additional 555 shares in the last quarter. Finally, Main Street Financial Solutions LLC lifted its position in shares of Palo Alto Networks by 6.0% during the second quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company’s stock worth $900,000 after purchasing an additional 249 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, Director Aparna Bawa sold 536 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $280.00, for a total value of $150,080.00. Following the completion of the sale, the director owned 7,704 shares of the company’s stock, valued at approximately $2,157,120. This represents a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John P. Key sold 7,500 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director directly owned 12,500 shares of the company’s stock, valued at $3,490,500. The trade was a 37.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 81,044 shares of company stock valued at $20,424,722. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Up 0.0%

Shares of NASDAQ PANW opened at $279.62 on Friday. The company’s 50 day simple moving average is $216.44 and its 200 day simple moving average is $189.22. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $302.95. The firm has a market capitalization of $227.89 billion, a P/E ratio of 229.20, a P/E/G ratio of 10.38 and a beta of 0.94. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period in the prior year, the business posted $0.37 earnings per share. Palo Alto Networks’s revenue was up 31.1% compared to the same quarter last year. 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. On average, analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Analysts Set New Price Targets

PANW has been the topic of a number of research reports. TD Cowen reiterated a “buy” rating and set a $330.00 target price (up from $255.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Daiwa Securities Group reduced their target price on shares of Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 24th. Evercore reiterated an “outperform” rating and set a $375.00 target price on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Needham & Company LLC increased their price objective on shares of Palo Alto Networks from $200.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Finally, Piper Sandler restated an “overweight” rating and issued a $345.00 price objective (up from $265.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $306.59.

Key Palo Alto Networks News

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

• Positive Sentiment: Jim Cramer singled out Palo Alto Networks as one of his favorite stocks, reinforcing a bullish narrative around the company and its role in cybersecurity. Jim Cramer Reveals Big Trend For Palo Alto’s (PANW) Shares
• Positive Sentiment: Analyst sentiment remains constructive after the company beat fiscal Q3 expectations, topped revenue estimates, and raised guidance, which continues to support the stock’s valuation.
• Positive Sentiment: Several firms recently lifted their price targets on PANW, including Mizuho, Berenberg, JPMorgan, and Susquehanna, signaling continued confidence in growth and demand for cybersecurity products.
• Neutral Sentiment: A cybersecurity industry roundup highlighted PANW as a stock to watch, but it did not provide a major new catalyst. Cybersecurity Stocks To Keep An Eye On – June 10th
• Negative Sentiment: Director John P. Key sold 7,500 shares, and Director Aparna Bawa sold multiple blocks of stock over June 10-12, which can be read as a cautious insider signal even if the sales were relatively small versus the company’s size. Insider Selling: Palo Alto Networks (NASDAQ:PANW) Director Sells 377 Shares of Stock

About Palo Alto Networks

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.