Global Financial Private Client LLC Buys 2,209 Shares of Palo Alto Networks, Inc. $PANW

Global Financial Private Client LLC grew its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 38.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,925 shares of the network technology company’s stock after purchasing an additional 2,209 shares during the period. Global Financial Private Client LLC’s holdings in Palo Alto Networks were worth $1,271,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Darwin Wealth Management LLC purchased a new position in Palo Alto Networks during the 2nd quarter valued at approximately $25,000. Steph & Co. raised its holdings in shares of Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after acquiring an additional 67 shares in the last quarter. Knuff & Co LLC bought a new position in shares of Palo Alto Networks during the 4th quarter valued at approximately $26,000. Sittner & Nelson LLC boosted its position in shares of Palo Alto Networks by 73.8% during the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 62 shares during the last quarter. Finally, Luken Investment Analytics LLC grew its holdings in shares of Palo Alto Networks by 196.2% in the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after purchasing an additional 102 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

Palo Alto Networks Stock Performance

NASDAQ PANW opened at $285.26 on Thursday. The business’s 50 day moving average price is $235.79 and its 200-day moving average price is $194.68. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $302.95. The company has a market cap of $232.49 billion, a P/E ratio of 233.82, a P/E/G ratio of 10.80 and a beta of 0.94. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.Palo Alto Networks’s revenue was up 31.1% on a year-over-year basis. During the same period last year, the company earned $0.37 earnings per share. 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. Sell-side analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Insider Transactions at Palo Alto Networks

In related news, Director Aparna Bawa sold 345 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $290.17, for a total transaction of $100,108.65. Following the transaction, the director directly owned 7,359 shares in the company, valued at approximately $2,135,361.03. This represents a 4.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John P. Key sold 7,500 shares of the stock in a transaction dated Friday, June 12th. The stock was 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 in the company, valued at $3,490,500. This trade represents a 37.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 106,389 shares of company stock worth $27,570,630. 1.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

PANW has been the topic of several research reports. Mizuho boosted their price target on shares of Palo Alto Networks from $265.00 to $305.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. DA Davidson increased their price objective on shares of Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Wedbush lifted their price objective on shares of Palo Alto Networks from $300.00 to $340.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. FBN Securities restated an “outperform” rating and issued a $330.00 target price on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, Needham & Company LLC upped their target price on shares of Palo Alto Networks from $200.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and an average price target of $306.59.

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.