Palo Alto Networks, Inc. $PANW Shares Acquired by Horst & Graben Wealth Management LLC

Horst & Graben Wealth Management LLC raised its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 191.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,480 shares of the network technology company’s stock after acquiring an additional 2,285 shares during the period. Horst & Graben Wealth Management LLC’s holdings in Palo Alto Networks were worth $558,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in PANW. Darwin Wealth Management LLC purchased a new stake in Palo Alto Networks in the second quarter valued at $25,000. Knuff & Co LLC purchased a new position in shares of Palo Alto Networks during the 4th quarter valued at about $26,000. Steph & Co. lifted 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 valued at $26,000 after buying an additional 67 shares during the period. Sittner & Nelson LLC boosted its stake in shares of Palo Alto Networks by 73.8% in the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after buying an additional 62 shares during the last quarter. Finally, WHI TRUST Co LLC purchased a new stake in shares of Palo Alto Networks in the fourth quarter worth about $28,000. 79.82% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on PANW shares. JPMorgan Chase & Co. upped their price objective on Palo Alto Networks from $200.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Weiss Ratings cut shares of Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Arete Research raised their price target on shares of Palo Alto Networks from $185.00 to $433.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Stephens lifted their price objective on shares of Palo Alto Networks from $180.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, June 3rd. Finally, Stifel Nicolaus set a $340.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average price target of $317.78.

Trending Headlines about Palo Alto Networks

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

• Positive Sentiment: Needham raised its price target on Palo Alto Networks from $350 to $425 and kept a buy rating, signaling confidence in additional upside from current levels. Benzinga report on Needham price target increase
• Positive Sentiment: BTIG recently lifted its target from $333 to $380, maintained a buy rating, and kept PANW as a top pick, citing improving business momentum and strong demand for AI-driven security solutions. BTIG raised PT on Palo Alto (PANW), Here’s Why
• Positive Sentiment: Wells Fargo also raised its price target on the stock, adding to a wave of favorable analyst commentary that has been supporting the share price. Palo Alto Networks (PANW) Stock Trades Up, Here Is Why
• Neutral Sentiment: Several recent articles highlighted PANW’s strong six-month rally and its position as an “agentic AI” and high-growth cybersecurity stock, reinforcing positive sentiment but not adding new fundamentals. Palo Alto (PANW) Up More than 96% Over The Past 6 Months
• Negative Sentiment: Some Seeking Alpha pieces argued the stock’s valuation has become stretched and warned that the recent re-rating may have gone too far, which could temper enthusiasm after the sharp run-up. Extreme Exuberance Is A Warning Sign

Insider Transactions at Palo Alto Networks

In related news, Director James J. Goetz sold 20,000 shares of the stock in a transaction dated 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 transaction, the director owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. This represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Josh D. Paul sold 900 shares of Palo Alto Networks 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 represents a 1.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 100,539 shares of company stock worth $26,931,565. 1.40% of the stock is owned by corporate insiders.

Palo Alto Networks Stock Performance

NASDAQ PANW opened at $337.04 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The stock’s fifty day moving average is $265.29 and its two-hundred day moving average is $203.79. The firm has a market capitalization of $274.69 billion, a P/E ratio of 276.26, a price-to-earnings-growth ratio of 13.28 and a beta of 0.91. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $368.17.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating 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 company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the previous year, the business earned $0.37 earnings per share. The company’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, research analysts anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

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.