Keudell Morrison Wealth Management Takes $451,000 Position in Palo Alto Networks, Inc. $PANW

Keudell Morrison Wealth Management bought a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 2,451 shares of the network technology company’s stock, valued at approximately $451,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Westfield Capital Management Co. LP acquired a new position in shares of Palo Alto Networks in the 3rd quarter valued at $75,412,000. American Century Companies Inc. raised its stake in Palo Alto Networks by 134.1% during the 3rd quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock worth $136,859,000 after acquiring an additional 384,985 shares in the last quarter. US Bancorp DE lifted its position in Palo Alto Networks by 0.6% in the third quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock valued at $277,828,000 after acquiring an additional 8,344 shares during the last quarter. Generali Investments Management Co LLC lifted its position in Palo Alto Networks by 38.4% in the third quarter. Generali Investments Management Co LLC now owns 54,401 shares of the network technology company’s stock valued at $11,077,000 after acquiring an additional 15,091 shares during the last quarter. Finally, Oak Thistle LLC acquired a new position in Palo Alto Networks in the fourth quarter valued at $1,554,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Activity

In related news, CEO Nikesh Arora acquired 68,085 shares of the firm’s stock in a transaction on Friday, March 27th. The stock was bought at an average cost of $146.87 per share, with a total value of $9,999,643.95. Following the transaction, the chief executive officer owned 343,394 shares of the company’s stock, valued at $50,434,276.78. The trade was a 24.73% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total value of $802,100.00. Following the completion of the transaction, the executive vice president owned 150,250 shares in the company, valued at $24,103,105. This trade represents a 3.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 30,756 shares of company stock worth $5,076,355 over the last quarter. 1.40% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on PANW shares. Royal Bank Of Canada raised their price objective on Palo Alto Networks from $220.00 to $255.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Cantor Fitzgerald reissued an “overweight” rating and issued a $285.00 target price on shares of Palo Alto Networks in a research report on Wednesday. JPMorgan Chase & Co. dropped their price target on Palo Alto Networks from $225.00 to $200.00 and set an “overweight” rating on the stock in a research note on Thursday, February 19th. Berenberg Bank set a $215.00 price target on Palo Alto Networks and gave the stock a “buy” rating in a research report on Tuesday, April 21st. Finally, Robert W. Baird boosted their price objective on Palo Alto Networks from $220.00 to $265.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $226.33.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $260.58 on Friday. The company has a 50-day simple moving average of $183.29 and a 200-day simple moving average of $182.32. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $261.41. The stock has a market capitalization of $212.63 billion, a price-to-earnings ratio of 143.97, a PEG ratio of 9.12 and a beta of 0.77.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Wednesday, February 18th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. The firm had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.58 billion. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The business’s revenue was up 14.9% on a year-over-year basis. During the same quarter last year, the company posted $0.81 earnings per share. As a group, research analysts forecast that Palo Alto Networks, Inc. will post 2.14 EPS for the current fiscal year.

Trending Headlines about Palo Alto Networks

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Wells Fargo raised its price target on PANW to $285 from $235 and kept an overweight rating, signaling further upside potential for the cybersecurity leader.
• Positive Sentiment: Truist also boosted its price target ahead of results, reinforcing Wall Street’s improving view of Palo Alto Networks’ earnings and growth outlook. Palo Alto Networks (PANW) Gets Major Price Target Boost from Truist Ahead of Q1 Results
• Positive Sentiment: Jefferies said customers at the company’s Ignite On Tour event showed strong interest in PANW’s AI security offerings, with acquisitions Portkey and Koi Security attracting attention and little resistance to recent firewall price increases.
• Positive Sentiment: Investor commentary continued to highlight cybersecurity as a durable budget priority, with Palo Alto Networks added to Josh Brown’s “best stocks” list alongside other leading security names.
• Neutral Sentiment: One article framed PANW’s strong year-to-date outperformance versus Palantir as a possible rebalancing candidate, but the piece was more about relative performance than a new company-specific catalyst. Palo Alto Networks Is Beating Palantir by 60% This Year. Is a Rebalancing Imminent?
• Neutral Sentiment: Company insider selling by CAO Josh D. Paul was disclosed, though the 400-share sale was relatively small versus his remaining holdings and does not by itself signal a major shift in fundamentals.
• Neutral Sentiment: Recent commentary also pointed to rising AI security demand for products like Prisma AIRS and XSIAM, supporting the long-term growth narrative rather than changing near-term results.

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.