Palo Alto Networks, Inc. $PANW Shares Acquired by Ameritas Investment Partners Inc.

Ameritas Investment Partners Inc. lifted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 10.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 31,783 shares of the network technology company’s stock after purchasing an additional 3,046 shares during the period. Ameritas Investment Partners Inc.’s holdings in Palo Alto Networks were worth $5,854,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Norges Bank bought a new stake in Palo Alto Networks during the fourth quarter worth approximately $1,415,364,000. Vanguard Group Inc. boosted its holdings in Palo Alto Networks by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock worth $12,512,533,000 after buying an additional 2,659,100 shares in the last quarter. Victory Capital Management Inc. boosted its holdings in Palo Alto Networks by 108.3% during the third quarter. Victory Capital Management Inc. now owns 2,467,692 shares of the network technology company’s stock worth $502,263,000 after buying an additional 1,282,738 shares in the last quarter. Eurizon Capital SGR S.p.A. bought a new stake in Palo Alto Networks during the fourth quarter worth approximately $164,968,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Palo Alto Networks during the third quarter worth approximately $162,161,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on PANW shares. Citigroup restated a “market outperform” rating on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Citizens Jmp restated a “market outperform” rating and set a $250.00 target price on shares of Palo Alto Networks in a report on Wednesday, February 18th. Weiss Ratings lowered shares of Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Loop Capital raised their price objective on shares of Palo Alto Networks from $160.00 to $290.00 and gave the stock a “hold” rating in a research note on Wednesday, June 3rd. Finally, Truist Financial raised their price objective on shares of Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and a consensus price target of $306.59.

Insider Buying and Selling at Palo Alto Networks

In other news, CAO Josh D. Paul sold 1,100 shares of the firm’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $161.40, for a total transaction of $177,540.00. Following the transaction, the chief accounting officer owned 83,136 shares in the company, valued at approximately $13,418,150.40. This trade represents a 1.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total transaction of $802,100.00. Following the transaction, the executive vice president owned 150,250 shares in the company, valued at $24,103,105. This represents a 3.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 72,076 shares of company stock worth $17,930,587 in the last ninety days. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Up 1.0%

Shares of NASDAQ:PANW opened at $263.22 on Thursday. The firm has a market capitalization of $214.52 billion, a P/E ratio of 215.75, a price-to-earnings-growth ratio of 9.67 and a beta of 0.94. The firm has a fifty day moving average of $211.67 and a two-hundred day moving average of $187.90. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. Palo Alto Networks’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter last year, the firm 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. On average, equities analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Palo Alto Networks News Summary

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

• Positive Sentiment: Analysts and industry commentary highlighted rapid adoption of Prisma AIRS, with customer growth and larger AI security deals suggesting this could become a major new growth engine for Palo Alto Networks. Article Title
• Positive Sentiment: Recent coverage emphasized Palo Alto Networks’ $10 billion revenue run-rate and strong long-term stock performance, reinforcing the view that the company is still expanding beyond its legacy firewall business. Article Title
• Positive Sentiment: Scotiabank slightly raised FY2027 EPS estimates and kept a Sector Outperform rating with a $320 price target, which supports the bullish case for the stock.
• Neutral Sentiment: Northland Securities maintained a Market Perform rating and a $302 price target, signaling a mixed but not outright bearish stance.
• Negative Sentiment: Northland and Scotiabank lowered some near-term EPS estimates, which could temper enthusiasm if investors focus more on valuation and short-term margin expectations than on longer-term AI growth.

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.