Orion Porfolio Solutions LLC Raises Position in Palo Alto Networks, Inc. $PANW

Orion Porfolio Solutions LLC increased its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 17.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,717 shares of the network technology company’s stock after buying an additional 6,925 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Palo Alto Networks were worth $9,309,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Darwin Wealth Management LLC acquired a new position in shares of Palo Alto Networks during the second quarter worth about $25,000. Howard Hughes Medical Institute acquired a new stake in shares of Palo Alto Networks in the second quarter valued at about $29,000. Winch Advisory Services LLC raised its holdings 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 buying an additional 73 shares during the period. MTM Investment Management LLC purchased a new stake in shares of Palo Alto Networks during the 2nd quarter valued at about $31,000. Finally, Caitlin John LLC acquired a new position in Palo Alto Networks during the 3rd quarter worth approximately $31,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

PANW has been the topic of a number of recent research reports. Wells Fargo & Company started coverage on shares of Palo Alto Networks in a research report on Tuesday. They set an “overweight” rating and a $200.00 target price on the stock. Susquehanna dropped their target price on Palo Alto Networks from $230.00 to $200.00 and set a “positive” rating on the stock in a research report on Wednesday, February 18th. Oppenheimer reiterated an “outperform” rating and issued a $245.00 price target on shares of Palo Alto Networks in a research note on Thursday, November 20th. Wedbush restated an “outperform” rating and set a $225.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Finally, DA Davidson set a $190.00 price objective on Palo Alto Networks and gave the stock a “buy” rating in a report on Wednesday, February 18th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average price target of $210.19.

Insider Buying and Selling at Palo Alto Networks

In related news, Director James J. Goetz sold 12,500 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $195.33, for a total transaction of $2,441,625.00. Following the completion of the sale, the director directly owned 75,184 shares in the company, valued at approximately $14,685,690.72. This trade represents a 14.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $188.18, for a total transaction of $940,900.00. Following the completion of the transaction, the executive vice president owned 155,119 shares in the company, valued at approximately $29,190,293.42. This trade represents a 3.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 139,068 shares of company stock worth $26,600,684. 1.40% of the stock is currently owned by company insiders.

Palo Alto Networks Trading Up 1.2%

Shares of NASDAQ PANW opened at $165.05 on Friday. The company has a market cap of $134.68 billion, a price-to-earnings ratio of 91.19, a price-to-earnings-growth ratio of 5.89 and a beta of 0.78. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $223.61. The stock’s 50 day simple moving average is $171.66 and its 200 day simple moving average is $190.09.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.94 by $0.09. The company had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.58 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. Palo Alto Networks’s revenue was up 14.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.81 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. As a group, equities analysts forecast that Palo Alto Networks, Inc. will post 1.76 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.