Gateway Wealth Partners LLC Buys 2,888 Shares of Palo Alto Networks, Inc. $PANW

Gateway Wealth Partners LLC increased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 149.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,819 shares of the network technology company’s stock after buying an additional 2,888 shares during the period. Gateway Wealth Partners LLC’s holdings in Palo Alto Networks were worth $773,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PANW. Blue Chip Partners LLC bought a new position in shares of Palo Alto Networks in the 1st quarter worth $8,819,000. Delta Global Management LP bought a new stake in Palo Alto Networks during the 1st quarter valued at $23,871,000. Everest Financial Group LLC raised its holdings in Palo Alto Networks by 18.5% during the first quarter. Everest Financial Group LLC now owns 65,462 shares of the network technology company’s stock worth $10,495,000 after buying an additional 10,235 shares during the last quarter. OMERS ADMINISTRATION Corp raised its holdings in Palo Alto Networks by 1.0% during the first quarter. OMERS ADMINISTRATION Corp now owns 867,264 shares of the network technology company’s stock worth $139,040,000 after buying an additional 8,405 shares during the last quarter. Finally, Themes Management Co LLC bought a new position in shares of Palo Alto Networks in the first quarter valued at $287,000. 79.82% of the stock is owned by institutional investors.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total value of $1,447,800.00. Following the transaction, the executive vice president owned 145,250 shares of the company’s stock, valued at approximately $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Aparna Bawa sold 290 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total value of $101,134.60. Following the completion of the transaction, the director owned 6,437 shares of the company’s stock, valued at $2,244,839.38. This trade represents a 4.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 101,239 shares of company stock valued at $27,174,360 in the last ninety days. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Down 1.5%

Palo Alto Networks stock opened at $314.15 on Thursday. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $368.80. 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 firm’s 50-day simple moving average is $305.12 and its 200 day simple moving average is $220.50. The stock has a market cap of $256.03 billion, a PE ratio of 257.50, a price-to-earnings-growth ratio of 11.84 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $2.94 billion. During the same quarter last year, the business posted $0.37 EPS. 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. Research analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on PANW shares. Cantor Fitzgerald set a $340.00 price objective on shares of Palo Alto Networks and gave the company an “overweight” rating in a report on Wednesday, June 3rd. Piper Sandler restated an “overweight” rating and issued a $345.00 target price (up from $265.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. FBN Securities reaffirmed an “outperform” rating on shares of Palo Alto Networks in a research report on Wednesday, July 1st. Oppenheimer lifted their price target on Palo Alto Networks from $275.00 to $350.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Finally, HSBC increased their price objective on Palo Alto Networks from $114.00 to $207.00 in a research note on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $331.48.

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.