Kiley Juergens Wealth Management LLC Buys Shares of 4,371 Palo Alto Networks, Inc. $PANW

Kiley Juergens Wealth Management LLC bought a new position in Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) in the first quarter, Holdings Channel reports. The institutional investor bought 4,371 shares of the network technology company’s stock, valued at approximately $701,000.

Several other institutional investors and hedge funds have also recently modified their holdings of PANW. Norges Bank purchased a new position in Palo Alto Networks during the fourth quarter worth about $1,415,364,000. Vanguard Group Inc. grew its stake in shares of Palo Alto Networks by 4.1% in the 4th quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock valued at $12,512,533,000 after buying an additional 2,659,100 shares during the period. Bank of America Corp DE increased its holdings in shares of Palo Alto Networks by 11.9% during the 4th quarter. Bank of America Corp DE now owns 19,375,486 shares of the network technology company’s stock worth $3,568,964,000 after buying an additional 2,065,776 shares during the last quarter. Employees Provident Fund Board acquired a new position in Palo Alto Networks in the fourth quarter valued at approximately $281,542,000. Finally, Eurizon Capital SGR S.p.A. acquired a new position in Palo Alto Networks in the fourth quarter valued at approximately $164,968,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Trading Down 3.1%

NASDAQ:PANW traded down $10.94 on Tuesday, reaching $346.59. 2,716,300 shares of the company’s stock were exchanged, compared to its average volume of 9,310,690. The firm has a market capitalization of $282.47 billion, a price-to-earnings ratio of 283.51, a price-to-earnings-growth ratio of 12.92 and a beta of 0.91. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $368.17. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The business has a fifty day moving average of $258.43 and a 200-day moving average of $201.50.

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

Palo Alto Networks News Roundup

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

  • Positive Sentiment: Needham raised its price target on Palo Alto Networks to $425 from $350 and reiterated a buy rating, signaling continued upside confidence. Article Title
  • Positive Sentiment: BTIG and Wells Fargo also recently increased price targets, helping fuel the stock’s record-high run and supporting investor optimism around cybersecurity demand and AI-driven security products. Article Title
  • Positive Sentiment: Commentary from several outlets highlighted PANW as a high-growth cybersecurity name, with analysts pointing to improving business momentum and continued demand as reasons for the stock’s strength. Article Title
  • Neutral Sentiment: One article noted that PANW is trading near all-time highs after a steep year-to-date advance, suggesting the stock is now priced for continued execution. Article Title
  • Negative Sentiment: After a large run-up, some market commentary warned that valuation and “nosebleed” pricing could limit near-term upside if results fail to keep pace with expectations. Article Title

Analyst Ratings Changes

Several equities research analysts have issued reports on PANW shares. Citigroup reissued a “market outperform” rating on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Morgan Stanley increased their price target on Palo Alto Networks from $253.00 to $320.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Robert W. Baird set a $320.00 price objective on Palo Alto Networks in a research report on Wednesday, June 3rd. Argus upped their target price on shares of Palo Alto Networks from $222.00 to $320.00 in a research report on Friday, June 5th. Finally, BNP Paribas Exane increased their target price on shares of Palo Alto Networks from $330.00 to $380.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $317.78.

Read Our Latest Report on Palo Alto Networks

Insider Buying and Selling

In related news, Director John P. Key sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $279.24, for a total value of $2,094,300.00. Following the sale, the director owned 12,500 shares of the company’s stock, valued at $3,490,500. This trade represents a 37.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Josh D. Paul sold 900 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $345.00, for a total transaction of $310,500.00. Following the completion of the transaction, the chief accounting officer owned 79,644 shares of the company’s stock, valued at $27,477,180. This represents a 1.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 102,111 shares of company stock worth $27,204,024 over the last ninety days. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding PANW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palo Alto Networks, Inc. (NASDAQ:PANWFree Report).

Institutional Ownership by Quarter for Palo Alto Networks (NASDAQ:PANW)

Receive News & Ratings for Palo Alto Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palo Alto Networks and related companies with MarketBeat.com's FREE daily email newsletter.