Clearwave Capital LLC Raises Stake in Palo Alto Networks, Inc. $PANW

Clearwave Capital LLC raised its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 146.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,847 shares of the network technology company’s stock after buying an additional 1,692 shares during the period. Clearwave Capital LLC’s holdings in Palo Alto Networks were worth $456,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in Palo Alto Networks in the 2nd quarter valued at $25,000. Steph & Co. boosted 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 worth $26,000 after buying an additional 67 shares during the period. Knuff & Co LLC acquired a new stake in shares of Palo Alto Networks in the fourth quarter valued at about $26,000. Sittner & Nelson LLC lifted 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 worth $27,000 after acquiring an additional 62 shares in the last quarter. Finally, Luken Investment Analytics LLC boosted its holdings in Palo Alto Networks by 196.2% in the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after acquiring an additional 102 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Key Stories Impacting Palo Alto Networks

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

Analysts Set New Price Targets

PANW has been the topic of a number of analyst reports. Benchmark lifted their price objective on shares of Palo Alto Networks from $270.00 to $340.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Berenberg Bank raised their price target on shares of Palo Alto Networks from $290.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Sanford C. Bernstein boosted their price objective on shares of Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Morgan Stanley raised their target price on Palo Alto Networks from $253.00 to $320.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Finally, BTIG Research lifted their target price on Palo Alto Networks from $333.00 to $380.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $317.78.

Palo Alto Networks Price Performance

Shares of PANW opened at $337.04 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $368.17. The stock has a fifty day moving average price of $265.29 and a 200 day moving average price of $203.79. The company has a market cap of $274.69 billion, a P/E ratio of 276.26, a PEG ratio of 13.28 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last issued 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 return on equity of 10.53% and a net margin of 7.95%.The business’s revenue was up 31.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.37 earnings per share. 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, research analysts forecast that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Lee Klarich sold 62,904 shares of the business’s stock in a transaction that occurred on 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 sale, the executive vice president owned 235,983 shares of the company’s stock, valued at $61,037,002.95. The trade was a 21.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James J. Goetz sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the completion of the sale, the director owned 20,000 shares of the company’s stock, valued at $5,598,000. This trade represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 100,539 shares of company stock valued at $26,931,565. 1.40% of the stock is currently owned by company 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.