Horst & Graben Wealth Management LLC Boosts Stake in Palo Alto Networks, Inc. $PANW

Horst & Graben Wealth Management LLC boosted its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 191.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,480 shares of the network technology company’s stock after purchasing an additional 2,285 shares during the period. Horst & Graben Wealth Management LLC’s holdings in Palo Alto Networks were worth $558,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Norges Bank bought a new position in Palo Alto Networks in the 4th quarter valued at $1,415,364,000. Vanguard Group Inc. lifted its position in shares of 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 purchasing an additional 2,659,100 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Palo Alto Networks by 11.9% during the fourth quarter. Bank of America Corp DE now owns 19,375,486 shares of the network technology company’s stock worth $3,568,964,000 after purchasing an additional 2,065,776 shares during the last quarter. Employees Provident Fund Board purchased a new stake in shares of Palo Alto Networks during the fourth quarter valued at $281,542,000. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in shares of Palo Alto Networks during the fourth quarter valued at $164,968,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the sale, the executive vice president directly owned 145,250 shares of the company’s stock, valued at approximately $42,058,590. This represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Aparna Bawa sold 290 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total transaction of $101,134.60. Following the completion of the sale, the director owned 6,437 shares in the company, valued at $2,244,839.38. This represents a 4.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 100,539 shares of company stock valued at $26,931,565 over the last 90 days. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks News Roundup

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

• Positive Sentiment: Needham raised its price target on Palo Alto Networks from $350 to $425 and kept a buy rating, signaling confidence in additional upside from current levels. Benzinga report on Needham price target increase
• Positive Sentiment: BTIG recently lifted its target from $333 to $380, maintained a buy rating, and kept PANW as a top pick, citing improving business momentum and strong demand for AI-driven security solutions. BTIG raised PT on Palo Alto (PANW), Here’s Why
• Positive Sentiment: Wells Fargo also raised its price target on the stock, adding to a wave of favorable analyst commentary that has been supporting the share price. Palo Alto Networks (PANW) Stock Trades Up, Here Is Why
• Neutral Sentiment: Several recent articles highlighted PANW’s strong six-month rally and its position as an “agentic AI” and high-growth cybersecurity stock, reinforcing positive sentiment but not adding new fundamentals. Palo Alto (PANW) Up More than 96% Over The Past 6 Months
• Negative Sentiment: Some Seeking Alpha pieces argued the stock’s valuation has become stretched and warned that the recent re-rating may have gone too far, which could temper enthusiasm after the sharp run-up. Extreme Exuberance Is A Warning Sign

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $337.04 on Wednesday. The company has a market capitalization of $274.69 billion, a price-to-earnings ratio of 276.26, a price-to-earnings-growth ratio of 13.28 and a beta of 0.91. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $368.17. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The firm has a 50 day moving average of $265.29 and a 200 day moving average of $203.79.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business’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, sell-side analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Wedbush raised their price target on shares of Palo Alto Networks from $300.00 to $340.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Argus upped their target price on shares of Palo Alto Networks from $222.00 to $320.00 in a research note on Friday, June 5th. Scotiabank reaffirmed a “sector outperform” rating and set a $320.00 target price (up from $180.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Stifel Nicolaus set a $340.00 price target on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, TD Cowen reiterated a “buy” rating and issued a $330.00 price target (up from $255.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average target price of $317.78.

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.