Palo Alto Networks, Inc. $PANW Shares Purchased by United Asset Strategies Inc.

United Asset Strategies Inc. raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 2.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 94,861 shares of the network technology company’s stock after purchasing an additional 2,656 shares during the period. Palo Alto Networks comprises about 1.5% of United Asset Strategies Inc.’s investment portfolio, making the stock its 14th largest position. United Asset Strategies Inc.’s holdings in Palo Alto Networks were worth $16,187,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Transce3nd LLC acquired a new stake in Palo Alto Networks during the fourth quarter worth approximately $25,000. Capital A Wealth Management LLC purchased a new position in shares of Palo Alto Networks during the 4th quarter worth $29,000. HWG Holdings LP acquired a new stake in shares of Palo Alto Networks during the first quarter worth $31,000. Dagco Inc. purchased a new stake in shares of Palo Alto Networks in the first quarter valued at $33,000. Finally, SWAN Capital LLC grew its position in shares of Palo Alto Networks by 100.0% in the fourth quarter. SWAN Capital LLC now owns 200 shares of the network technology company’s stock valued at $36,000 after purchasing an additional 100 shares during the period. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Guggenheim increased their target price on Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research report on Tuesday. Roth Capital started coverage on shares of Palo Alto Networks in a report on Thursday, May 15th. They set a “neutral” rating and a $210.00 price objective on the stock. Stephens reissued an “equal weight” rating and issued a $205.00 target price on shares of Palo Alto Networks in a research report on Tuesday. Needham & Company LLC reaffirmed a “buy” rating and set a $230.00 price target on shares of Palo Alto Networks in a research report on Tuesday. Finally, Wedbush reiterated an “outperform” rating and issued a $225.00 price target on shares of Palo Alto Networks in a report on Tuesday. Twenty-eight 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.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $211.52.

Palo Alto Networks Price Performance

Shares of PANW opened at $184.43 on Thursday. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $210.39. The stock’s 50-day moving average is $191.11 and its two-hundred day moving average is $186.31. The stock has a market cap of $122.98 billion, a PE ratio of 114.91, a P/E/G ratio of 4.46 and a beta of 0.94.

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

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $195.14, for a total transaction of $23,567,838.36. Following the sale, the executive vice president owned 264,246 shares of the company’s stock, valued at $51,564,964.44. The trade was a 31.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $201.85, for a total transaction of $1,009,250.00. Following the completion of the transaction, the executive vice president directly owned 101,135 shares of the company’s stock, valued at approximately $20,414,099.75. The trade was a 4.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 669,248 shares of company stock valued at $126,423,337. 2.50% of the stock is owned by company insiders.

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.