Wick Capital Partners LLC Takes Position in Palo Alto Networks, Inc. $PANW

Wick Capital Partners LLC bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,752 shares of the network technology company’s stock, valued at approximately $294,000.

Other hedge funds have also made changes to their positions in the company. Aviva PLC boosted its position in Palo Alto Networks by 5.4% during the 4th 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 shares of Palo Alto Networks in the 3rd quarter worth approximately $75,412,000. Peapack Gladstone Financial Corp grew its position in Palo Alto Networks by 8.8% in the fourth quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock worth $8,926,000 after buying an additional 3,926 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Palo Alto Networks by 134.1% in the third quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock valued at $136,859,000 after buying an additional 384,985 shares in the last quarter. Finally, US Bancorp DE increased its holdings in shares of Palo Alto Networks by 0.6% in the third quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock valued at $277,828,000 after buying an additional 8,344 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of NASDAQ PANW opened at $287.78 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $302.95. The business has a 50-day moving average price of $228.24 and a two-hundred day moving average price of $192.65. The firm has a market capitalization of $234.54 billion, a PE ratio of 235.89, a PEG ratio of 10.69 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The company had revenue of $3 billion for 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 firm’s quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.37 EPS. 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. As a group, analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Nikesh Arora purchased 68,085 shares of the stock in a transaction dated Friday, March 27th. The shares were acquired at an average cost of $146.87 per share, for a total transaction of $9,999,643.95. Following the acquisition, the chief executive officer directly owned 343,394 shares in the company, valued at approximately $50,434,276.78. The trade was a 24.73% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James J. Goetz sold 20,000 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the transaction, the director directly owned 20,000 shares in the company, valued at $5,598,000. This trade represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 101,044 shares of company stock valued at $26,022,722 in the last three months. 1.40% of the stock is currently owned by insiders.

Analysts Set New Price Targets

PANW has been the subject of several research reports. BNP Paribas Exane raised their price objective on Palo Alto Networks from $220.00 to $330.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Stephens upped their target price on Palo Alto Networks from $180.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, June 3rd. Jefferies Financial Group set a $335.00 price target on Palo Alto Networks and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Wells Fargo & Company reissued an “overweight” rating and issued a $325.00 price target (up from $285.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, BTIG Research boosted their price objective on Palo Alto Networks from $268.00 to $333.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $306.59.

Palo Alto Networks Company 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.