Palo Alto Networks, Inc. $PANW Shares Purchased by Adams Diversified Equity Fund Inc.

Adams Diversified Equity Fund Inc. raised its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 7.8% in the fourth quarter, HoldingsChannel reports. The firm owned 116,200 shares of the network technology company’s stock after acquiring an additional 8,400 shares during the period. Adams Diversified Equity Fund Inc.’s holdings in Palo Alto Networks were worth $21,404,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AFT Forsyth & Company Inc. raised its holdings in shares of Palo Alto Networks by 1.4% during the fourth quarter. AFT Forsyth & Company Inc. now owns 14,327 shares of the network technology company’s stock valued at $2,639,000 after acquiring an additional 200 shares during the period. Atlas Capital Advisors Inc. acquired a new stake in shares of Palo Alto Networks during the fourth quarter valued at approximately $80,000. Aptus Capital Advisors LLC raised its holdings in shares of Palo Alto Networks by 268.5% during the fourth quarter. Aptus Capital Advisors LLC now owns 39,611 shares of the network technology company’s stock valued at $7,296,000 after acquiring an additional 28,862 shares during the period. Apriem Advisors raised its holdings in shares of Palo Alto Networks by 0.9% during the fourth quarter. Apriem Advisors now owns 6,993 shares of the network technology company’s stock valued at $1,288,000 after acquiring an additional 64 shares during the period. Finally, Jacobi Capital Management LLC raised its holdings in shares of Palo Alto Networks by 8.2% during the fourth quarter. Jacobi Capital Management LLC now owns 4,857 shares of the network technology company’s stock valued at $895,000 after acquiring an additional 369 shares during the period. 79.82% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Lee Klarich sold 62,904 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the sale, the executive vice president directly owned 235,983 shares of the company’s stock, valued at approximately $61,037,002.95. This represents a 21.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Aparna Bawa sold 536 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $280.00, for a total transaction of $150,080.00. Following the sale, the director directly owned 7,704 shares of the company’s stock, valued at approximately $2,157,120. This represents a 6.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 81,044 shares of company stock worth $20,424,722 in the last quarter. 1.40% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on PANW. Cantor Fitzgerald set a $340.00 price target on shares of Palo Alto Networks and gave the company an “overweight” rating in a report on Wednesday, June 3rd. Benchmark boosted their price target on shares of Palo Alto Networks from $270.00 to $340.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. BNP Paribas Exane boosted their price target on shares of Palo Alto Networks from $220.00 to $330.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. Royal Bank Of Canada boosted their price target on shares of Palo Alto Networks from $255.00 to $330.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. Finally, Evercore reiterated an “outperform” rating and issued a $375.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.59.

Palo Alto Networks Stock Performance

PANW stock opened at $279.62 on Friday. 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 company has a market capitalization of $227.89 billion, a price-to-earnings ratio of 229.20, a P/E/G ratio of 10.38 and a beta of 0.94. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $302.95. The firm has a 50 day moving average of $216.44 and a two-hundred day moving average of $189.22.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion during 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 quarterly revenue was up 31.1% compared to the same quarter last year. During the same period in the prior 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. As a group, equities analysts anticipate that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Key Stories Impacting Palo Alto Networks

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

• Positive Sentiment: Jim Cramer singled out Palo Alto Networks as one of his favorite stocks, reinforcing a bullish narrative around the company and its role in cybersecurity. Jim Cramer Reveals Big Trend For Palo Alto’s (PANW) Shares
• Positive Sentiment: Analyst sentiment remains constructive after the company beat fiscal Q3 expectations, topped revenue estimates, and raised guidance, which continues to support the stock’s valuation.
• Positive Sentiment: Several firms recently lifted their price targets on PANW, including Mizuho, Berenberg, JPMorgan, and Susquehanna, signaling continued confidence in growth and demand for cybersecurity products.
• Neutral Sentiment: A cybersecurity industry roundup highlighted PANW as a stock to watch, but it did not provide a major new catalyst. Cybersecurity Stocks To Keep An Eye On – June 10th
• Negative Sentiment: Director John P. Key sold 7,500 shares, and Director Aparna Bawa sold multiple blocks of stock over June 10-12, which can be read as a cautious insider signal even if the sales were relatively small versus the company’s size. Insider Selling: Palo Alto Networks (NASDAQ:PANW) Director Sells 377 Shares of 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.