Leo Wealth LLC Acquires 3,201 Shares of Palo Alto Networks, Inc. $PANW

Leo Wealth LLC boosted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 147.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,372 shares of the network technology company’s stock after acquiring an additional 3,201 shares during the period. Leo Wealth LLC’s holdings in Palo Alto Networks were worth $1,099,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. HWG Holdings LP bought a new stake in Palo Alto Networks in the 1st quarter valued at $31,000. Dagco Inc. bought a new stake in Palo Alto Networks in the 1st quarter valued at $33,000. Marshall & Sullivan Inc. WA bought a new stake in Palo Alto Networks in the 2nd quarter valued at $41,000. WPG Advisers LLC bought a new stake in Palo Alto Networks in the 1st quarter valued at $37,000. Finally, Strategic Investment Solutions Inc. IL increased its position in Palo Alto Networks by 58.9% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after buying an additional 83 shares during the period. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Down 1.2%

NASDAQ:PANW opened at $215.17 on Friday. The stock’s 50-day simple moving average is $192.23 and its 200 day simple moving average is $189.02. The firm has a market capitalization of $143.93 billion, a PE ratio of 134.06, a price-to-earnings-growth ratio of 5.18 and a beta of 0.98. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $217.94.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.Palo Alto Networks’s revenue was up 15.8% compared to the same quarter last year. During the same period last year, the firm posted $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at $56,119,152.78. The trade was a 75.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Nir Zuk sold 100,000 shares of the company’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the transaction, the executive vice president owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,315,130 shares of company stock valued at $260,687,367. Corporate insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Bank of America upgraded Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 price objective on the stock in a research report on Tuesday, August 19th. Rosenblatt Securities lowered their price objective on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a research report on Thursday, August 14th. Scotiabank increased their price objective on Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, August 19th. UBS Group set a $245.00 price objective on Palo Alto Networks in a research report on Friday, September 26th. Finally, Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Twenty-eight investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus price target of $214.95.

About Palo Alto Networks

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.