Axxcess Wealth Management LLC Purchases 6,424 Shares of Palo Alto Networks, Inc. $PANW

Axxcess Wealth Management LLC lifted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 87.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,794 shares of the network technology company’s stock after buying an additional 6,424 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Palo Alto Networks were worth $2,809,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Darwin Wealth Management LLC purchased a new position in Palo Alto Networks during the 2nd quarter valued at about $25,000. Whipplewood Advisors LLC boosted its stake in shares of Palo Alto Networks by 6,400.0% during the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 128 shares in the last quarter. Briaud Financial Planning Inc bought a new position in shares of Palo Alto Networks during the second quarter valued at approximately $28,000. Howard Hughes Medical Institute purchased a new position in Palo Alto Networks during the second quarter valued at approximately $29,000. Finally, MTM Investment Management LLC bought a new position in Palo Alto Networks in the second quarter worth approximately $31,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

PANW has been the topic of several recent research reports. TD Cowen reaffirmed a “buy” rating on shares of Palo Alto Networks in a research report on Wednesday. Cantor Fitzgerald reiterated an “overweight” rating on shares of Palo Alto Networks in a research note on Wednesday. New Street Research reduced their target price on shares of Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating for the company in a report on Thursday. Jefferies Financial Group restated a “buy” rating on shares of Palo Alto Networks in a report on Wednesday, February 4th. Finally, Wedbush reiterated an “outperform” rating and set a $225.00 price objective on shares of Palo Alto Networks in a research note on Wednesday. Thirty-three investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $212.51.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 120,768 shares of the company’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $191.03, for a total value of $23,070,311.04. Following the sale, the executive vice president directly owned 298,887 shares of the company’s stock, valued at approximately $57,096,383.61. This represents a 28.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Josh D. Paul sold 800 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $184.81, for a total value of $147,848.00. Following the completion of the transaction, the chief accounting officer directly owned 46,005 shares of the company’s stock, valued at approximately $8,502,184.05. This trade represents a 1.71% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 260,542 shares of company stock valued at $49,910,995. 1.40% of the stock is currently owned by insiders.

Trending Headlines about Palo Alto Networks

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

• Positive Sentiment: Q2 results beat expectations—revenue grew ~15% and ARR/RPO metrics point to ongoing subscription momentum; revenue guidance was raised, supporting longer‑term growth thesis. Read More.
• Positive Sentiment: MarketBeat and other commentary frame the pullback as a “buy‑the‑dip” opportunity given a strong balance sheet, high institutional ownership and the company’s platform positioning in cybersecurity. Read More.
• Neutral Sentiment: Palo Alto announced an offer to purchase CyberArk convertible notes as part of closing the CyberArk acquisition—a financing/cleanup step that facilitates the deal but also highlights the scale of transaction activity. Read More.
• Positive Sentiment: Palo Alto is buying Koi to bolster AI/agentic endpoint security—adds product capabilities that could drive medium‑term ARR expansion. Read More.
• Negative Sentiment: Analysts cut price targets and flagged margin pressure from deal/integration costs—HSBC sharply cut its PT to $114, and multiple firms trimmed targets, fueling downward pressure on the stock. Read More.
• Negative Sentiment: Company trimmed FY profit outlook citing higher integration and deal costs (CyberArk and other acquisitions); coverage highlights this as the main reason for the sell‑off. Read More. and Read More.
• Negative Sentiment: Unusual options activity—traders bought ~174,264 put options (≈399% above average put volume), suggesting elevated hedging or bearish positioning into the post‑earnings period.
• Negative Sentiment: Short‑term price action shows sizable intraday declines and commentary that the strong earnings were “priced in,” amplifying selling after guidance/profit warnings. Read More.

Palo Alto Networks Price Performance

Shares of PANW opened at $150.99 on Friday. The company’s fifty day moving average price is $179.46 and its 200-day moving average price is $191.65. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $223.61. The firm has a market capitalization of $105.24 billion, a PE ratio of 83.42, a price-to-earnings-growth ratio of 3.64 and a beta of 0.75.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. The company had revenue of $2.59 billion during the quarter, compared to analysts’ expectations of $2.58 billion. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The firm’s revenue was up 14.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.81 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. As a group, research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Palo Alto Networks Profile

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.