Palo Alto Networks, Inc. $PANW is Davis R M Inc.’s 8th Largest Position

Davis R M Inc. trimmed its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 698,384 shares of the network technology company’s stock after selling 6,747 shares during the period. Palo Alto Networks makes up approximately 2.5% of Davis R M Inc.’s holdings, making the stock its 8th largest holding. Davis R M Inc.’s holdings in Palo Alto Networks were worth $142,205,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in Palo Alto Networks by 147.7% during the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after buying an additional 4,031 shares during the period. Bison Wealth LLC grew its position in shares of Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock worth $948,000 after buying an additional 3,275 shares during the period. Sivia Capital Partners LLC increased its stake in shares of Palo Alto Networks by 66.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock worth $713,000 after acquiring an additional 1,389 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its position in Palo Alto Networks by 8.1% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 3,869 shares of the network technology company’s stock valued at $792,000 after acquiring an additional 291 shares during the period. Finally, Plato Investment Management Ltd boosted its stake in Palo Alto Networks by 12.1% during the second quarter. Plato Investment Management Ltd now owns 12,200 shares of the network technology company’s stock worth $2,487,000 after acquiring an additional 1,320 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on PANW shares. The Goldman Sachs Group decreased their target price on shares of Palo Alto Networks from $240.00 to $224.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. BTIG Research restated a “buy” rating and issued a $200.00 price target on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Jefferies Financial Group reiterated a “buy” rating on shares of Palo Alto Networks in a research note on Wednesday, February 4th. Rosenblatt Securities restated a “buy” rating and set a $225.00 price target on shares of Palo Alto Networks in a report on Wednesday, February 18th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $245.00 price target on shares of Palo Alto Networks in a research report on Thursday, November 20th. One research analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $211.62.

Insider Activity at Palo Alto Networks

In other news, CAO Josh D. Paul sold 800 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $184.81, for a total transaction of $147,848.00. Following the transaction, the chief accounting officer directly owned 46,005 shares of the company’s stock, valued at $8,502,184.05. This represents a 1.71% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Lee Klarich sold 120,768 shares of Palo Alto Networks stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $191.03, for a total value of $23,070,311.04. Following the completion of the sale, the executive vice president directly owned 298,887 shares of the company’s stock, valued at $57,096,383.61. The trade was a 28.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 259,842 shares of company stock worth $49,778,422. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Price Performance

Palo Alto Networks stock opened at $148.92 on Monday. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $223.61. The business’s fifty day moving average is $174.60 and its 200 day moving average is $190.89. The stock has a market capitalization of $121.52 billion, a PE ratio of 82.28, a price-to-earnings-growth ratio of 5.38 and a beta of 0.78.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, February 17th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.09. The business had revenue of $2.59 billion for the quarter, compared to analysts’ expectations of $2.58 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The business’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $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, sell-side analysts expect 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.