Palo Alto Networks, Inc. $PANW Position Increased by Fulton Bank N.A.

Fulton Bank N.A. grew its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 29.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,718 shares of the network technology company’s stock after buying an additional 2,200 shares during the quarter. Fulton Bank N.A.’s holdings in Palo Alto Networks were worth $1,558,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of Palo Alto Networks by 147.7% in the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after purchasing an additional 4,031 shares in the last quarter. Bison Wealth LLC boosted its position in shares of Palo Alto Networks by 169.1% in the fourth 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 grew its holdings in shares of Palo Alto Networks by 66.3% during the second quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock valued at $713,000 after buying an additional 1,389 shares in the last quarter. Osterweis Capital Management Inc. grew its holdings in shares of Palo Alto Networks by 11,100.0% during the second quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock valued at $115,000 after buying an additional 555 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its position in Palo Alto Networks by 6.0% during the second quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company’s stock valued at $900,000 after buying an additional 249 shares during the period. 79.82% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Palo Alto Networks

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

• Positive Sentiment: Wells Fargo raised its price target on Palo Alto Networks to $420 from $325 and reiterated an overweight rating, reinforcing the case for further upside. Wells Fargo price target raise
• Positive Sentiment: BNP Paribas Exane lifted its target to $380 from $330 and maintained an outperform rating, adding to the bullish analyst sentiment around PANW. BNP Paribas Exane target raise
• Positive Sentiment: The stock remains a momentum name after gaining roughly 25% since its last earnings report, supported by strong demand for AI-related cybersecurity tools and recent trading interest. Zacks earnings momentum article
• Neutral Sentiment: Several insider sales were disclosed, including director Aparna Bawa and CAO Josh D. Paul. The transactions were relatively small, but insider selling can slightly temper investor enthusiasm. Insider sale disclosure

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Truist Financial increased their price target on shares of Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Berenberg Bank boosted their price objective on shares of Palo Alto Networks from $290.00 to $360.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Susquehanna reiterated a “positive” rating and issued a $350.00 price objective (up from $200.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Barclays reiterated an “overweight” rating and issued a $315.00 target price (up from $220.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Jefferies Financial Group set a $335.00 target price on shares of Palo Alto Networks and gave the company a “buy” rating in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $316.15.

Palo Alto Networks Stock Down 1.1%

PANW stock opened at $348.06 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $358.10. The company has a fifty day simple moving average of $255.09 and a 200 day simple moving average of $200.36. The firm has a market cap of $283.67 billion, a PE ratio of 285.30, a PEG ratio of 13.07 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last announced 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. The company had revenue of $3 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter last year, the company posted $0.37 earnings per share. 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. Sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the sale, the director owned 20,000 shares of the company’s stock, valued at $5,598,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the transaction, the executive vice president directly owned 235,983 shares in the company, valued at approximately $61,037,002.95. This represents a 21.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 102,111 shares of company stock worth $27,204,024 in the last ninety days. 1.40% of the stock is owned by insiders.

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.