Palo Alto Networks, Inc. $PANW Shares Purchased by NorthRock Partners LLC

NorthRock Partners LLC increased its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 9.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,886 shares of the network technology company’s stock after acquiring an additional 908 shares during the period. NorthRock Partners LLC’s holdings in Palo Alto Networks were worth $2,228,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. HWG Holdings LP purchased a new stake in Palo Alto Networks during the first quarter worth $31,000. Dagco Inc. purchased a new stake in Palo Alto Networks during the first quarter worth $33,000. Marshall & Sullivan Inc. WA purchased a new stake in Palo Alto Networks during the second quarter worth $41,000. WPG Advisers LLC purchased a new stake in Palo Alto Networks during the first quarter worth $37,000. Finally, Strategic Investment Solutions Inc. IL boosted its position in Palo Alto Networks by 58.9% during the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after purchasing an additional 83 shares in the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. BMO Capital Markets upped their price objective on Palo Alto Networks from $217.00 to $225.00 and gave the company an “outperform” rating in a research report on Tuesday, August 19th. Barclays reiterated an “overweight” rating and set a $215.00 target price (up from $210.00) on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Westpark Capital reiterated a “hold” rating on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Royal Bank Of Canada reiterated an “outperform” rating and set a $232.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Finally, Morgan Stanley increased their target price on Palo Alto Networks from $210.00 to $216.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. Twenty-nine equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $216.00.

Palo Alto Networks Stock Performance

PANW stock opened at $208.55 on Monday. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $217.94. The firm has a market cap of $139.50 billion, a P/E ratio of 129.94, a price-to-earnings-growth ratio of 4.96 and a beta of 0.98. The stock has a 50-day simple moving average of $192.94 and a 200-day simple moving average of $189.28.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter last year, the firm earned $0.75 earnings per share. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. 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 predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Transactions at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of the stock in a transaction dated 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 owned 32,474 shares of the company’s stock, valued at approximately $6,564,943.84. This represents a 2.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the transaction, the executive vice president directly owned 96,135 shares of the company’s stock, valued at $19,629,805.65. This represents a 4.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,315,130 shares of company stock valued at $260,687,367 in the last three months. 2.50% of the stock is currently owned by company insiders.

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.