Perryman Financial Advisory Inc. AD Takes Position in Palo Alto Networks, Inc. $PANW

Perryman Financial Advisory Inc. AD bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 18,182 shares of the network technology company’s stock, valued at approximately $3,349,000.

Other large investors also recently modified their holdings of the company. Aviva PLC lifted its holdings in Palo Alto Networks by 5.4% during the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock worth $104,774,000 after acquiring an additional 29,230 shares during the period. Westfield Capital Management Co. LP bought a new stake in Palo Alto Networks during the third quarter worth $75,412,000. Peapack Gladstone Financial Corp lifted its holdings in Palo Alto Networks by 8.8% during the fourth quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock worth $8,926,000 after acquiring an additional 3,926 shares during the period. American Century Companies Inc. lifted its holdings in Palo Alto Networks by 134.1% during the third quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock worth $136,859,000 after acquiring an additional 384,985 shares during the period. Finally, US Bancorp DE lifted its holdings in Palo Alto Networks by 0.6% during the third quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock worth $277,828,000 after acquiring an additional 8,344 shares during the period. Institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling

In related news, CEO Nikesh Arora purchased 68,085 shares of Palo Alto Networks stock in a transaction dated Friday, March 27th. The stock was bought at an average cost of $146.87 per share, for a total transaction of $9,999,643.95. Following the completion of the transaction, the chief executive officer owned 343,394 shares in the company, valued at $50,434,276.78. This trade represents a 24.73% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction on Friday, May 22nd. The shares were 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 trade represents a 21.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 81,044 shares of company stock valued at $20,424,722 in the last 90 days. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Performance

NASDAQ:PANW opened at $279.62 on Monday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The business has a fifty day simple moving average of $216.44 and a two-hundred day simple moving average of $189.26. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $302.95. The company has a market capitalization of $227.89 billion, a P/E ratio of 229.20, a P/E/G ratio of 10.38 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period last year, the business posted $0.37 earnings per share. The business’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, analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. BNP Paribas Exane lifted their price target on Palo Alto Networks from $220.00 to $330.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. HSBC lifted their price target on Palo Alto Networks from $114.00 to $207.00 in a report on Thursday, June 4th. Wells Fargo & Company reiterated an “overweight” rating and set a $325.00 price target (up from $285.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. UBS Group set a $300.00 price target on Palo Alto Networks and gave the stock a “neutral” rating in a report on Wednesday, June 3rd. Finally, Capital One Financial lifted their price target on Palo Alto Networks from $168.00 to $248.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average price target of $306.59.

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.