Kingsview Wealth Management LLC Has $3.66 Million Stock Position in Palo Alto Networks, Inc. $PANW

Kingsview Wealth Management LLC trimmed its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 10.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,888 shares of the network technology company’s stock after selling 2,346 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Palo Alto Networks were worth $3,663,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in PANW. Darwin Wealth Management LLC acquired a new position in shares of Palo Alto Networks in the 2nd quarter worth approximately $25,000. Steph & Co. boosted its holdings in shares of Palo Alto Networks by 88.2% in the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after acquiring an additional 67 shares in the last quarter. Knuff & Co LLC acquired a new position in shares of Palo Alto Networks in the 4th quarter worth approximately $26,000. Luken Investment Analytics LLC boosted its holdings in shares of 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 in the last quarter. Finally, WHI TRUST Co LLC acquired a new position in shares of Palo Alto Networks in the 4th quarter worth approximately $28,000. 79.82% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Palo Alto Networks

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

• Positive Sentiment: Several Wall Street firms lifted their price targets on Palo Alto Networks, including Morgan Stanley, Evercore, Wedbush, Benchmark, Wells Fargo, BTIG, and Mizuho, reinforcing expectations for continued growth and keeping sentiment constructive. Morgan Stanley raises price target
• Positive Sentiment: Recent coverage continues to highlight Palo Alto Networks’ strong platform momentum and growing ARR, suggesting investors see room for further upside if upcoming earnings confirm the trend. ARR growth article
• Neutral Sentiment: Analysts and media are also debating whether the company’s AI security leadership is a durable competitive advantage or mostly a narrative, which adds uncertainty but does not appear to be the main driver today. AI security narrative article
• Negative Sentiment: EVP Lee Klarich sold 62,904 shares, a move some investors may interpret cautiously, although he still retains a meaningful stake in the company. Insider sale article
• Negative Sentiment: Some analysts remain cautious on near-term fundamentals, pointing to rising acquisition costs, share dilution, and a mixed outlook heading into Q3 earnings. Q3 earnings outlook article

Analysts Set New Price Targets

PANW has been the topic of several recent analyst reports. Truist Financial boosted their target price on Palo Alto Networks from $200.00 to $275.00 and gave the stock a “buy” rating in a report on Tuesday, May 19th. Rosenblatt Securities boosted their target price on Palo Alto Networks from $225.00 to $275.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Citigroup reissued a “buy” rating and issued a $210.00 target price (down from $235.00) on shares of Palo Alto Networks in a report on Thursday, February 19th. Robert W. Baird boosted their target price on Palo Alto Networks from $220.00 to $265.00 and gave the stock an “outperform” rating in a report on Thursday, May 14th. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $285.00 target price on shares of Palo Alto Networks in a report on Wednesday, May 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus target price of $235.09.

Insider Transactions at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total value of $802,100.00. Following the completion of the transaction, the executive vice president owned 150,250 shares in the company, valued at $24,103,105. The trade was a 3.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John P. Key sold 1,572 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $173.32, for a total transaction of $272,459.04. Following the completion of the transaction, the director owned 20,000 shares of the company’s stock, valued at $3,466,400. This trade represents a 7.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 93,660 shares of company stock worth $21,346,475 over the last ninety days. 1.40% of the stock is currently owned by insiders.

Palo Alto Networks Price Performance

PANW stock opened at $281.69 on Friday. The company has a 50 day moving average price of $192.58 and a 200 day moving average price of $183.96. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $283.71. The stock has a market capitalization of $229.86 billion, a PE ratio of 155.63, a price-to-earnings-growth ratio of 9.29 and a beta of 0.77.

About Palo Alto Networks

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.