Squire Investment Management Company LLC Makes New $491,000 Investment in Palo Alto Networks, Inc. $PANW

Squire Investment Management Company LLC purchased a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the 1st quarter, Holdings Channel reports. The fund purchased 3,064 shares of the network technology company’s stock, valued at approximately $491,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of PANW. Semus Wealth Partners LLC increased its holdings in Palo Alto Networks by 14.2% during the 1st quarter. Semus Wealth Partners LLC now owns 3,142 shares of the network technology company’s stock worth $504,000 after purchasing an additional 390 shares during the period. Fulton Bank N.A. lifted its holdings in shares of Palo Alto Networks by 29.3% in the 1st quarter. Fulton Bank N.A. now owns 9,718 shares of the network technology company’s stock worth $1,558,000 after buying an additional 2,200 shares during the period. Vertrix Wealth Management LLC bought a new position in shares of Palo Alto Networks during the 1st quarter worth $1,204,000. USS Investment Management Ltd increased its stake in shares of Palo Alto Networks by 23.1% during the first quarter. USS Investment Management Ltd now owns 135,448 shares of the network technology company’s stock valued at $21,715,000 after buying an additional 25,443 shares during the period. Finally, IFM Investors Pty Ltd increased its stake in shares of Palo Alto Networks by 21.4% during the first quarter. IFM Investors Pty Ltd now owns 165,229 shares of the network technology company’s stock valued at $26,490,000 after buying an additional 29,173 shares during the period. Institutional investors own 79.82% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on PANW shares. Truist Financial upped their price objective on shares of Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Sanford C. Bernstein lifted their price objective on shares of Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Needham & Company LLC raised their price target on Palo Alto Networks from $200.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Wells Fargo & Company upped their price target on shares of Palo Alto Networks from $325.00 to $420.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, BMO Capital Markets raised their price target on shares of Palo Alto Networks from $270.00 to $335.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $316.15.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the transaction, the executive vice president owned 145,250 shares in the company, valued at approximately $42,058,590. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Josh D. Paul sold 900 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $345.00, for a total value of $310,500.00. Following the completion of the transaction, the chief accounting officer directly owned 79,644 shares of the company’s stock, valued at approximately $27,477,180. This trade represents a 1.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 102,111 shares of company stock worth $27,204,024 in the last three months. Company insiders own 1.40% of the company’s stock.

Key Palo Alto Networks News

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

• Positive Sentiment: Wells Fargo raised its price target on Palo Alto Networks to $420 from $325 and kept an overweight rating, signaling further upside potential. Wells Fargo target raise
• Positive Sentiment: BNP Paribas Exane lifted its target to $380 from $330 and reiterated an outperform rating, adding to the bullish analyst tone around PANW. BNP Paribas Exane target raise
• Positive Sentiment: BTIG Research also raised its target to $380 from $333 and maintained a buy rating, reinforcing expectations for continued share-price strength. BTIG target raise
• Positive Sentiment: Recent coverage highlighted PANW’s strong fiscal Q3 results, with revenue and ARR beats and growing demand tied to AI-driven cybersecurity and observability, which has helped keep sentiment constructive. Yahoo Finance article
• Neutral Sentiment: Several insiders sold small blocks of stock, including CAO Josh D. Paul and Director Aparna Bawa. While routine, insider selling can modestly temper enthusiasm for the stock. SEC filing

Palo Alto Networks Stock Performance

Shares of NASDAQ PANW opened at $352.04 on Thursday. The company has a 50 day simple moving average of $251.63 and a two-hundred day simple moving average of $199.26. The stock has a market cap of $286.91 billion, a price-to-earnings ratio of 288.56, a PEG ratio of 12.66 and a beta of 0.91. 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 12 month low of $139.57 and a 12 month high of $358.10.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the prior year, the business earned $0.37 earnings per share. The business’s quarterly revenue was up 31.1% compared to the same quarter last year. 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 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.