AMI Asset Management Corp Has $43.09 Million Stock Holdings in Palo Alto Networks, Inc. $PANW

AMI Asset Management Corp boosted its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 39.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 268,754 shares of the network technology company’s stock after acquiring an additional 75,816 shares during the period. Palo Alto Networks accounts for about 2.8% of AMI Asset Management Corp’s holdings, making the stock its 13th biggest position. AMI Asset Management Corp’s holdings in Palo Alto Networks were worth $43,087,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in PANW. Conscious Wealth Investments LLC bought a new stake in shares of Palo Alto Networks during the first quarter worth about $4,382,000. Moss Adams Wealth Advisors LLC lifted its position in Palo Alto Networks by 52.0% in the 1st quarter. Moss Adams Wealth Advisors LLC now owns 2,609 shares of the network technology company’s stock valued at $418,000 after acquiring an additional 893 shares in the last quarter. Private Wealth Management Group LLC boosted its stake in Palo Alto Networks by 148.1% during the 1st quarter. Private Wealth Management Group LLC now owns 201 shares of the network technology company’s stock valued at $32,000 after purchasing an additional 120 shares during the last quarter. EWA LLC boosted its stake in Palo Alto Networks by 82.6% during the 1st quarter. EWA LLC now owns 2,963 shares of the network technology company’s stock valued at $475,000 after purchasing an additional 1,340 shares during the last quarter. Finally, Simmons Bank increased its holdings in Palo Alto Networks by 9.0% during the 1st quarter. Simmons Bank now owns 23,104 shares of the network technology company’s stock worth $3,704,000 after purchasing an additional 1,906 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Activity

In other news, EVP Lee Klarich sold 62,904 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the transaction, the executive vice president 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John P. Key sold 7,500 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $3,490,500. The trade was a 37.50% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 106,389 shares of company stock worth $27,570,630. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of NASDAQ PANW opened at $332.00 on Tuesday. The stock has a market cap of $270.58 billion, a price-to-earnings ratio of 272.13, a P/E/G ratio of 11.30 and a beta of 0.94. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $332.88. The stock’s 50-day moving average is $244.52 and its 200 day moving average is $197.08.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $2.94 billion. During the same period in the previous year, the firm earned $0.37 earnings per share. The firm’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. On average, sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Morgan Stanley upped their price objective on shares of Palo Alto Networks from $253.00 to $320.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Citigroup restated a “market outperform” rating on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Benchmark upped their price target on Palo Alto Networks from $270.00 to $340.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Argus increased their price target on Palo Alto Networks from $222.00 to $320.00 in a research note on Friday, June 5th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $330.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $311.98.

Key Stories Impacting Palo Alto Networks

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

• Positive Sentiment: Arete Research sharply raised its price target on Palo Alto Networks to $433 from $185 and reiterated a buy rating, signaling meaningful upside potential versus recent trading levels. Arete adjusts price target on Palo Alto Networks to $433 from $185, maintains buy rating
• Positive Sentiment: Multiple articles highlighted PANW as a standout AI/cybersecurity stock, reinforcing the market’s view that the company is benefiting from investor demand for AI-security exposure. 5 AI Stocks That Are Surging
• Positive Sentiment: Zacks noted that strategic partnerships could strengthen PANW’s AI security platform, which may support longer-term growth in regulated industries. Can Strategic Partnerships Strengthen PANW’s AI Security Platform?
• Neutral Sentiment: Market coverage also described PANW as part of a “moderate buy” consensus among analysts, which supports the stock but does not add a new catalyst. Palo Alto Networks, Inc. Given Consensus Rating of Moderate Buy by Analysts
• Neutral Sentiment: Broader cybersecurity-sector articles continue to place PANW among the top names to watch, but these items appear to be more sentiment-driven than fundamentally new. Promising Cybersecurity Stocks To Consider – June 28th

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.