Resonant Capital Advisors LLC Grows Position in Palo Alto Networks, Inc. $PANW

Resonant Capital Advisors LLC raised its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 10.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,480 shares of the network technology company’s stock after acquiring an additional 1,806 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Palo Alto Networks were worth $3,123,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Janney Montgomery Scott LLC raised its position in shares of Palo Alto Networks by 15.0% in the first quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock valued at $65,796,000 after buying an additional 53,485 shares during the last quarter. Aviva PLC boosted its position in Palo Alto Networks by 5.4% during the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock worth $104,774,000 after acquiring an additional 29,230 shares during the last quarter. Granite Islands Private Wealth LLC boosted its position in Palo Alto Networks by 43.6% during the first quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock worth $2,453,000 after acquiring an additional 4,659 shares during the last quarter. Peapack Gladstone Financial Corp grew its stake in Palo Alto Networks by 8.8% in the 4th quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock worth $8,926,000 after acquiring an additional 3,926 shares during the period. Finally, Oak Thistle LLC purchased a new stake in Palo Alto Networks in the 4th quarter worth approximately $1,554,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on PANW. Cantor Fitzgerald set a $340.00 price target on Palo Alto Networks and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. Benchmark lifted their price objective on Palo Alto Networks from $270.00 to $340.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Loop Capital upped their target price on Palo Alto Networks from $160.00 to $290.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. Sanford C. Bernstein increased their target price on Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Finally, BNP Paribas Exane raised their price target on 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 research analyst has rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $317.78.

Palo Alto Networks Trading Down 2.9%

Palo Alto Networks stock traded down $10.21 during midday trading on Tuesday, reaching $347.32. The stock had a trading volume of 3,321,565 shares, compared to its average volume of 9,316,071. The stock has a market capitalization of $283.06 billion, a PE ratio of 285.62, a price-to-earnings-growth ratio of 12.92 and a beta of 0.91. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $368.17. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The stock’s 50-day simple moving average is $258.43 and its 200 day simple moving average is $201.50.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 EPS. 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. Analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Insiders Place Their Bets

In related news, Director John P. Key sold 7,500 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The shares were sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the transaction, the director owned 12,500 shares in the company, valued at approximately $3,490,500. The trade was a 37.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Lee Klarich sold 62,904 shares of the company’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the sale, the executive vice president directly owned 235,983 shares of the company’s stock, valued at approximately $61,037,002.95. This trade represents a 21.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 102,111 shares of company stock worth $27,204,024. 1.40% of the stock is owned by company insiders.

Trending Headlines about Palo Alto Networks

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

About Palo Alto Networks

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.