Bricktown Capital LLC Invests $737,000 in Palo Alto Networks, Inc. $PANW

Bricktown Capital LLC purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the 1st quarter, HoldingsChannel.com reports. The fund purchased 4,600 shares of the network technology company’s stock, valued at approximately $737,000. Palo Alto Networks accounts for about 0.1% of Bricktown Capital LLC’s investment portfolio, making the stock its 25th largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Diversified Trust Co boosted its holdings in Palo Alto Networks by 7.1% in the 1st quarter. Diversified Trust Co now owns 12,207 shares of the network technology company’s stock worth $1,957,000 after buying an additional 807 shares during the last quarter. Westmount Partners LLC purchased a new stake in Palo Alto Networks during the 1st quarter worth approximately $737,000. Physicians Financial Services Inc. raised its holdings in shares of Palo Alto Networks by 4.6% during the first quarter. Physicians Financial Services Inc. now owns 2,271 shares of the network technology company’s stock valued at $364,000 after acquiring an additional 100 shares during the last quarter. Weatherly Asset Management L. P. raised its holdings in shares of Palo Alto Networks by 311.8% during the first quarter. Weatherly Asset Management L. P. now owns 138,990 shares of the network technology company’s stock valued at $22,283,000 after acquiring an additional 105,240 shares during the last quarter. Finally, KRS Capital Management LLC lifted its position in shares of Palo Alto Networks by 33.3% in the first quarter. KRS Capital Management LLC now owns 22,609 shares of the network technology company’s stock valued at $3,625,000 after acquiring an additional 5,644 shares in the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Price Performance

PANW stock opened at $287.78 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The business has a 50 day simple moving average of $228.24 and a 200-day simple moving average of $192.65. The firm has a market capitalization of $234.54 billion, a PE ratio of 235.89, a price-to-earnings-growth ratio of 10.69 and a beta of 0.94. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter last year, the firm earned $0.37 earnings per share. The business’s revenue for the quarter was up 31.1% on a year-over-year basis. 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. Equities research analysts anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

PANW has been the topic of a number of research analyst reports. Truist Financial lifted their price target on Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Wells Fargo & Company reissued an “overweight” rating and issued a $325.00 price objective (up from $285.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. BNP Paribas Exane raised their price objective on Palo Alto Networks from $220.00 to $330.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. Weiss Ratings cut shares of Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Finally, Berenberg Bank upped their target price on shares of Palo Alto Networks from $290.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $306.59.

Insider Buying and Selling

In related news, EVP Lee Klarich sold 62,904 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the sale, the executive vice president owned 235,983 shares of the company’s stock, valued at approximately $61,037,002.95. This represents a 21.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Aparna Bawa sold 536 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $280.00, for a total transaction of $150,080.00. Following the completion of the sale, the director directly owned 7,704 shares of the company’s stock, valued at $2,157,120. This represents a 6.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 101,044 shares of company stock worth $26,022,722 over the last quarter. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Company 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.