Palo Alto Networks, Inc. $PANW Stock Holdings Lifted by FSM Wealth Advisors LLC

FSM Wealth Advisors LLC lifted its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 66.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 3,203 shares of the network technology company’s stock after buying an additional 1,279 shares during the quarter. FSM Wealth Advisors LLC’s holdings in Palo Alto Networks were worth $645,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. St. Clair Advisors LLC increased its position 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 acquiring an additional 50 shares in the last quarter. Astoria Portfolio Advisors LLC. grew its position in Palo Alto Networks by 2.1% during the second quarter. Astoria Portfolio Advisors LLC. now owns 2,467 shares of the network technology company’s stock valued at $496,000 after purchasing an additional 50 shares in the last quarter. Csenge Advisory Group grew its position in Palo Alto Networks by 2.4% during the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock valued at $381,000 after purchasing an additional 53 shares in the last quarter. TFG Advisers LLC grew its position in Palo Alto Networks by 1.1% during the second quarter. TFG Advisers LLC now owns 4,668 shares of the network technology company’s stock valued at $955,000 after purchasing an additional 53 shares in the last quarter. Finally, GSG Advisors LLC grew its position in Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock valued at $2,154,000 after purchasing an additional 54 shares in the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Stock Up 1.2%

PANW stock opened at $215.02 on Friday. The company has a market capitalization of $143.83 billion, a price-to-earnings ratio of 133.97, a P/E/G ratio of 5.05 and a beta of 0.98. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $217.94. The firm has a 50 day moving average of $199.99 and a two-hundred day moving average of $191.74.

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

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. BMO Capital Markets boosted their price objective on shares of Palo Alto Networks from $217.00 to $225.00 and gave the company an “outperform” rating in a research report on Tuesday, August 19th. Mizuho boosted their price objective on shares of Palo Alto Networks from $210.00 to $220.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Bank of America boosted their price objective on shares of Palo Alto Networks from $215.00 to $240.00 and gave the company a “buy” rating in a research report on Monday. Morgan Stanley boosted their price objective on shares of Palo Alto Networks from $210.00 to $216.00 and gave the company an “overweight” rating in a research report on Tuesday, September 2nd. Finally, Wedbush reaffirmed an “outperform” rating and set a $225.00 price objective on shares of Palo Alto Networks in a research report on Monday, September 15th. Thirty 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 company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $217.22.

Insider Buying and Selling at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total transaction of $141,512.00. Following the completion of the sale, the chief accounting officer directly owned 32,474 shares of the company’s stock, valued at approximately $6,564,943.84. This represents a 2.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction 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 approximately $56,119,152.78. This represents a 75.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,315,130 shares of company stock worth $260,687,367 in the last quarter. 2.50% of the stock is owned by corporate 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.