GoalVest Advisory LLC Buys 422 Shares of Palo Alto Networks, Inc. $PANW

GoalVest Advisory LLC boosted its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 109.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 808 shares of the network technology company’s stock after buying an additional 422 shares during the quarter. GoalVest Advisory LLC’s holdings in Palo Alto Networks were worth $165,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PANW. St. Clair Advisors LLC lifted its holdings in shares of Palo Alto Networks by 0.3% in the second quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock worth $3,233,000 after buying an additional 50 shares in the last quarter. Astoria Portfolio Advisors LLC. grew its holdings in shares of Palo Alto Networks by 2.1% in the second quarter. Astoria Portfolio Advisors LLC. now owns 2,467 shares of the network technology company’s stock worth $496,000 after purchasing an additional 50 shares during the last quarter. Csenge Advisory Group grew its holdings in shares of Palo Alto Networks by 2.4% in the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock worth $381,000 after purchasing an additional 53 shares during the last quarter. TFG Advisers LLC grew its holdings in Palo Alto Networks by 1.1% during the 2nd quarter. TFG Advisers LLC now owns 4,668 shares of the network technology company’s stock worth $955,000 after acquiring an additional 53 shares in the last quarter. Finally, GSG Advisors LLC grew its holdings in Palo Alto Networks by 0.4% during the 1st quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock worth $2,154,000 after acquiring an additional 54 shares in the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $211.92, for a total value of $25,594,426.08. Following the completion of the sale, the executive vice president owned 149,190 shares of the company’s stock, valued at $31,616,344.80. This trade represents a 44.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at $56,119,152.78. The trade was a 75.48% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is currently owned by insiders.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $217.11 on Monday. The firm’s fifty day simple moving average is $200.79 and its 200-day simple moving average is $192.59. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $218.23. The stock has a market capitalization of $145.22 billion, a price-to-earnings ratio of 135.27, a PEG ratio of 5.16 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter in the prior year, the firm earned $0.75 EPS. Palo Alto Networks’s quarterly 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. Analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. DA Davidson reaffirmed a “buy” rating and issued a $215.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $223.00 price objective on shares of Palo Alto Networks in a research note on Friday, August 15th. Tigress Financial initiated coverage on shares of Palo Alto Networks in a research note on Friday, September 26th. They issued a “buy” rating and a $245.00 price target on the stock. New Street Research raised their price objective on Palo Alto Networks from $235.00 to $240.00 and gave the company a “buy” rating in a report on Friday, September 12th. Finally, UBS Group set a $245.00 target price on Palo Alto Networks in a report on Friday, September 26th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $217.22.

Palo Alto Networks 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.