&PARTNERS Purchases 85,844 Shares of Palo Alto Networks, Inc. $PANW

&PARTNERS raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 74.2% in the 4th quarter, Holdings Channel reports. The firm owned 201,599 shares of the network technology company’s stock after buying an additional 85,844 shares during the quarter. &PARTNERS’s holdings in Palo Alto Networks were worth $37,186,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new position in shares of Palo Alto Networks in the 2nd quarter worth $25,000. Knuff & Co LLC purchased a new stake in shares of Palo Alto Networks during the fourth quarter valued at approximately $26,000. Steph & Co. increased its position in shares of Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after acquiring an additional 67 shares during the period. Sittner & Nelson LLC increased its position 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 during the period. Finally, Winch Advisory Services LLC boosted its stake in shares of Palo Alto Networks by 96.1% during the 3rd quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after purchasing an additional 73 shares in the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, Director John P. Key sold 7,500 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.24, for a total value of $2,094,300.00. Following the completion of the transaction, the director owned 12,500 shares in the company, valued at approximately $3,490,500. This represents a 37.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total value of $802,100.00. Following the sale, the executive vice president owned 150,250 shares in the company, valued at $24,103,105. This trade represents a 3.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 101,044 shares of company stock valued at $26,022,722 over the last ninety days. Corporate insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Northland Securities increased their price target on shares of Palo Alto Networks from $190.00 to $302.00 and gave the stock a “market perform” rating in a research note on Wednesday, June 3rd. Capital One Financial lifted their price objective on Palo Alto Networks from $168.00 to $248.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. Mizuho raised their price objective on Palo Alto Networks from $265.00 to $305.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Sanford C. Bernstein increased their price objective on shares of Palo Alto Networks from $209.00 to $253.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Finally, Evercore reissued an “outperform” rating and issued a $375.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average price target of $306.59.

Palo Alto Networks Stock Down 1.6%

Palo Alto Networks stock opened at $279.90 on Wednesday. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $302.95. The business has a fifty day moving average of $221.20 and a two-hundred day moving average of $190.62. The firm has a market cap of $228.12 billion, a P/E ratio of 229.43, a P/E/G ratio of 10.57 and a beta of 0.94. 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 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. 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 quarter in the previous year, the firm earned $0.37 earnings per share. The firm’s quarterly revenue was up 31.1% compared to the same quarter last year. 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, analysts forecast that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

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.