Daymark Wealth Partners LLC Buys 1,666 Shares of Palo Alto Networks, Inc. $PANW

Daymark Wealth Partners LLC increased its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 62.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,342 shares of the network technology company’s stock after acquiring an additional 1,666 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Palo Alto Networks were worth $889,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Whipplewood Advisors LLC grew its stake in Palo Alto Networks by 6,400.0% in the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 128 shares during the period. Briaud Financial Planning Inc acquired a new stake in Palo Alto Networks in the second quarter valued at approximately $28,000. Dagco Inc. acquired a new stake in Palo Alto Networks in the first quarter valued at approximately $33,000. WPG Advisers LLC acquired a new stake in Palo Alto Networks in the first quarter valued at approximately $37,000. Finally, Strategic Investment Solutions Inc. IL grew its stake in Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after acquiring an additional 83 shares during the period. 79.82% of the stock is owned by institutional investors.

Palo Alto Networks Price Performance

PANW opened at $218.27 on Friday. The company’s 50-day moving average is $203.82 and its 200 day moving average is $193.81. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $223.61. The firm has a market capitalization of $146.00 billion, a P/E ratio of 135.99, a PEG ratio of 5.16 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period last year, the firm earned $0.75 earnings per share. The firm’s revenue was up 15.8% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, equities research analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insiders Place Their Bets

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the transaction, the executive vice president owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. The trade was a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total value of $141,512.00. Following the completion of the transaction, the chief accounting officer directly owned 32,474 shares in the company, valued at approximately $6,564,943.84. This represents a 2.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,215,130 shares of company stock worth $243,407,367 in the last ninety days. Company insiders own 2.50% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on PANW shares. KeyCorp cut Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 31st. Morgan Stanley raised their price objective on Palo Alto Networks from $210.00 to $216.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. UBS Group set a $245.00 price objective on Palo Alto Networks in a research note on Friday, September 26th. Needham & Company LLC reissued a “buy” rating and issued a $230.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, September 3rd. Finally, Rosenblatt Securities reduced their price objective on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a research note on Thursday, August 14th. Thirty analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $218.17.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.