Arthur M. Cohen & Associates LLC Purchases 1,897 Shares of Palo Alto Networks, Inc. $PANW

Arthur M. Cohen & Associates LLC raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 14.4% during the fourth quarter, Holdings Channel reports. The firm owned 15,039 shares of the network technology company’s stock after purchasing an additional 1,897 shares during the period. Arthur M. Cohen & Associates LLC’s holdings in Palo Alto Networks were worth $2,770,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in Palo Alto Networks by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock valued at $12,512,533,000 after buying an additional 2,659,100 shares during the period. State Street Corp boosted its position in Palo Alto Networks by 2.0% during the fourth quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock valued at $5,587,100,000 after acquiring an additional 594,789 shares during the last quarter. Geode Capital Management LLC grew its holdings in Palo Alto Networks by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock worth $2,934,935,000 after acquiring an additional 540,756 shares during the period. Norges Bank acquired a new stake in Palo Alto Networks during the 4th quarter worth about $1,415,364,000. Finally, Northern Trust Corp raised its position in shares of Palo Alto Networks by 0.5% in the 3rd quarter. Northern Trust Corp now owns 7,528,248 shares of the network technology company’s stock worth $1,532,902,000 after acquiring an additional 36,511 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Palo Alto Networks Trading Down 1.6%

Shares of Palo Alto Networks stock opened at $279.90 on Wednesday. The stock has a market capitalization of $228.12 billion, a PE ratio of 229.43, a price-to-earnings-growth ratio of 10.57 and a beta of 0.94. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $302.95. The stock has a 50 day moving average price of $221.20 and a two-hundred day moving average price of $190.62. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period in the prior year, the firm earned $0.37 earnings per share. Palo Alto Networks’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. As a group, equities analysts anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Stephens upped their target price on Palo Alto Networks from $180.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, June 3rd. Royal Bank Of Canada lifted their target price on Palo Alto Networks from $255.00 to $330.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Weiss Ratings cut Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $325.00 price objective (up from $285.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, TD Cowen reiterated a “buy” rating and issued a $330.00 price objective (up from $255.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $306.59.

Insider Activity

In other news, Director John P. Key sold 7,500 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the completion of the sale, the director directly owned 12,500 shares of the company’s stock, valued at $3,490,500. The trade was a 37.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Lee Klarich sold 62,904 shares of the company’s stock in a transaction dated 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 sale, the executive vice president owned 235,983 shares in the company, valued at $61,037,002.95. This represents a 21.05% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 101,044 shares of company stock valued at $26,022,722. 1.40% of the stock is currently owned by insiders.

Palo Alto Networks 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.