1,825 Shares in Palo Alto Networks, Inc. $PANW Bought by Tobias Financial Advisors Inc.

Tobias Financial Advisors Inc. purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the 4th quarter, Holdings Channel.com reports. The firm purchased 1,825 shares of the network technology company’s stock, valued at approximately $336,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PANW. Darwin Wealth Management LLC acquired a new stake in Palo Alto Networks during the 2nd quarter worth $25,000. Steph & Co. raised its stake in 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 acquired a new stake in Palo Alto Networks during the 4th quarter worth $26,000. Sittner & Nelson LLC raised its stake in 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 acquiring an additional 62 shares in the last quarter. Finally, Luken Investment Analytics LLC raised its stake in Palo Alto Networks by 196.2% during the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after acquiring an additional 102 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Palo Alto Networks

In other news, CEO Nikesh Arora purchased 68,085 shares of the company’s stock in a transaction dated Friday, March 27th. The shares were acquired at an average cost of $146.87 per share, for a total transaction of $9,999,643.95. Following the completion of the purchase, the chief executive officer directly owned 343,394 shares in the company, valued at $50,434,276.78. The trade was a 24.73% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Lee Klarich sold 62,904 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the transaction, the executive vice president owned 235,983 shares in the company, valued at approximately $61,037,002.95. This trade represents a 21.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 81,044 shares of company stock valued at $20,424,722. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Performance

NASDAQ PANW opened at $279.62 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The firm has a market cap of $227.89 billion, a PE ratio of 229.20, a P/E/G ratio of 10.38 and a beta of 0.94. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $302.95. The firm’s fifty day moving average is $216.44 and its two-hundred day moving average is $189.26.

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

Wall Street Analysts Forecast Growth

Several brokerages recently commented on PANW. Needham & Company LLC lifted their price target on shares of Palo Alto Networks from $200.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. HSBC lifted their price target on shares of Palo Alto Networks from $114.00 to $207.00 in a research note on Thursday, June 4th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Palo Alto Networks from $220.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Robert W. Baird set a $320.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Susquehanna restated a “positive” rating and issued a $350.00 price objective (up from $200.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks presently has an average rating of “Moderate Buy” and a consensus target price of $306.59.

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.