11,706 Shares in Palo Alto Networks, Inc. $PANW Purchased by TFR Capital LLC.

TFR Capital LLC. purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,706 shares of the network technology company’s stock, valued at approximately $3,992,000. Palo Alto Networks comprises 1.1% of TFR Capital LLC.’s holdings, making the stock its 23rd biggest holding.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of Palo Alto Networks by 147.7% during the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock worth $1,230,000 after acquiring an additional 4,031 shares during the period. Bison Wealth LLC raised its stake in Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after acquiring an additional 3,275 shares during the period. Sivia Capital Partners LLC lifted its holdings in Palo Alto Networks by 66.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock valued at $713,000 after purchasing an additional 1,389 shares during the last quarter. Osterweis Capital Management Inc. lifted its holdings in Palo Alto Networks by 11,100.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock valued at $115,000 after purchasing an additional 555 shares during the last quarter. Finally, Main Street Financial Solutions LLC boosted its position in 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 during the period. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Down 3.0%

PANW opened at $384.27 on Friday. The stock has a fifty day moving average of $328.02 and a 200-day moving average of $235.34. The company has a market capitalization of $313.18 billion, a P/E ratio of 314.98, a P/E/G ratio of 12.89 and a beta of 0.91. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $398.88. 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 released its quarterly earnings results 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 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 last year, the firm earned $0.37 earnings per share. Palo Alto Networks’s revenue for the quarter 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, equities analysts expect that Palo Alto Networks, Inc. will post 2.02 EPS for the current year.

Insiders Place Their Bets

In related news, Director Aparna Bawa sold 290 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $348.74, for a total transaction of $101,134.60. Following the sale, the director owned 6,437 shares of the company’s stock, valued at $2,244,839.38. This represents a 4.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the sale, the executive vice president owned 145,250 shares of the company’s stock, valued at approximately $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 101,239 shares of company stock valued at $27,174,360 in the last quarter. Company insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

PANW has been the topic of several research reports. Robert W. Baird set a $320.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. The Goldman Sachs Group reaffirmed a “buy” rating and set a $330.00 target price on shares of Palo Alto Networks in a report on Wednesday, June 3rd. BTIG Research upped their price target on shares of Palo Alto Networks from $333.00 to $380.00 and gave the company a “buy” rating in a research note on Tuesday, June 30th. UBS Group set a $300.00 price target on shares of Palo Alto Networks and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Finally, Citigroup restated a “market outperform” rating on shares of Palo Alto Networks in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $339.61.

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.