Grange Capital LLC Purchases 4,575 Shares of Palo Alto Networks, Inc. $PANW

Grange Capital LLC raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 36.4% in the first quarter, HoldingsChannel reports. The fund owned 17,143 shares of the network technology company’s stock after purchasing an additional 4,575 shares during the quarter. Palo Alto Networks makes up approximately 2.7% of Grange Capital LLC’s holdings, making the stock its 13th largest holding. Grange Capital LLC’s holdings in Palo Alto Networks were worth $2,748,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of PANW. Darwin Wealth Management LLC bought a new position in shares of Palo Alto Networks in the 2nd quarter worth $25,000. Knuff & Co LLC acquired a new stake in Palo Alto Networks in the 4th quarter valued at $26,000. Steph & Co. increased its stake in Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after purchasing an additional 67 shares in the last quarter. Sittner & Nelson LLC increased its stake in Palo Alto Networks by 73.8% during the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 62 shares in the last quarter. Finally, WHI TRUST Co LLC acquired a new position in Palo Alto Networks during the fourth quarter worth $28,000. Institutional investors own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Loop Capital raised their price objective on shares of Palo Alto Networks from $160.00 to $290.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. BTIG Research boosted their target price on shares of Palo Alto Networks from $333.00 to $380.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. JPMorgan Chase & Co. upped their target price on shares of Palo Alto Networks from $200.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Scotiabank reaffirmed a “sector outperform” rating and issued a $320.00 price target (up from $180.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Royal Bank Of Canada lifted their price target on Palo Alto Networks from $255.00 to $330.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $317.78.

Key Palo Alto Networks News

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

• Positive Sentiment: Needham & Company raised its price target on Palo Alto Networks (PANW) to $425 from $350 and reiterated a Buy rating, implying further upside versus the current share price. Benzinga
• Positive Sentiment: BTIG and Wells Fargo both lifted price targets on Palo Alto Networks, citing stronger operating momentum and continued demand for AI-driven security solutions, helping push the stock to a record high. Palo Alto Networks stock hits record high as analysts raise price targets
• Positive Sentiment: Additional coverage highlighted PANW as one of the high-growth cybersecurity stocks to own, reinforcing the bullish sentiment around the name. Here’s Why Palo Alto (PANW) is Among the 8 High Growth Cybersecurity Stocks to Buy Now
• Neutral Sentiment: One recent article noted that while Palo Alto Networks remains a strong company, valuation may be stretched at current levels, which could temper enthusiasm for some investors. Palo Alto Networks: Great Company, But Don’t Buy At Nosebleed Prices

Insider Activity

In other news, EVP Lee Klarich sold 62,904 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the transaction, the executive vice president owned 235,983 shares in the company, valued at approximately $61,037,002.95. This represents a 21.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the completion of the sale, the chief accounting officer directly owned 81,636 shares of the company’s stock, valued at approximately $23,272,790.88. This trade represents a 1.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 102,111 shares of company stock worth $27,204,024. 1.40% of the stock is owned by company insiders.

Palo Alto Networks Stock Up 2.7%

PANW opened at $357.53 on Tuesday. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $368.17. The company’s 50-day moving average price is $258.43 and its two-hundred day moving average price is $201.50. The stock has a market cap of $291.39 billion, a price-to-earnings ratio of 293.06, a PEG ratio of 12.92 and a beta of 0.91. 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 (NASDAQ:PANW) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the previous year, the firm posted $0.37 EPS. Palo Alto Networks’s revenue 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. As a group, equities analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

About Palo Alto Networks

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.