Palo Alto Networks, Inc. $PANW Shares Acquired by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC boosted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 14.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 149,277 shares of the network technology company’s stock after purchasing an additional 19,164 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Palo Alto Networks were worth $23,932,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in shares of Palo Alto Networks in the 2nd quarter valued at $25,000. Steph & Co. grew its stake 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 valued at $26,000 after buying an additional 67 shares during the period. Knuff & Co LLC acquired a new stake in shares of Palo Alto Networks during the 4th quarter worth $26,000. Sittner & Nelson LLC increased its holdings 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 worth $27,000 after buying an additional 62 shares during the last quarter. Finally, Luken Investment Analytics LLC raised its position in shares of Palo Alto Networks by 196.2% in the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after buying an additional 102 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Activity

In related news, Director John P. Key sold 7,500 shares of the business’s stock in a transaction that occurred on 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 transaction, the director directly owned 12,500 shares of the company’s stock, valued at approximately $3,490,500. The trade was a 37.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Josh D. Paul sold 1,100 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the completion of the transaction, the chief accounting officer owned 81,636 shares of the company’s stock, valued at approximately $23,272,790.88. This represents a 1.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 101,239 shares of company stock worth $27,174,360 in the last ninety days. 1.40% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

PANW has been the topic of a number of research analyst reports. TD Cowen reiterated a “buy” rating and issued a $330.00 target price (up from $255.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Mizuho upped their price target on Palo Alto Networks from $265.00 to $305.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Wolfe Research restated an “outperform” rating and issued a $320.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Wells Fargo & Company lifted their price objective on Palo Alto Networks from $325.00 to $420.00 and gave the company an “overweight” rating in a research note on Wednesday, July 1st. Finally, Evercore reiterated an “outperform” rating and set a $415.00 target price on shares of Palo Alto Networks in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $331.48.

Palo Alto Networks Trading Up 1.9%

NASDAQ:PANW opened at $331.83 on Friday. The business’s 50-day moving average is $308.00 and its two-hundred day moving average is $222.24. 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, Inc. has a 12 month low of $139.57 and a 12 month high of $368.80. The firm has a market capitalization of $270.44 billion, a PE ratio of 271.99, a price-to-earnings-growth ratio of 12.09 and a beta of 0.91.

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

Palo Alto Networks Company 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.