20,770 Shares in Palo Alto Networks, Inc. $PANW Bought by SGL Investment Advisors Inc.

SGL Investment Advisors Inc. purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 20,770 shares of the network technology company’s stock, valued at approximately $7,997,000. Palo Alto Networks accounts for about 2.8% of SGL Investment Advisors Inc.’s portfolio, making the stock its 6th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PANW. BlackRock Inc. purchased a new stake in Palo Alto Networks in the 2nd quarter worth approximately $25,833,462,000. Vanguard Group Inc. lifted its stake in shares of Palo Alto Networks by 4.1% in the 4th quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock valued at $12,512,533,000 after purchasing an additional 2,659,100 shares during the period. State Street Corp lifted its stake in shares of Palo Alto Networks by 2.0% in the 4th quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock valued at $5,587,100,000 after purchasing an additional 594,789 shares during the period. Bank of America Corp DE boosted its holdings in Palo Alto Networks by 16.0% during the first quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company’s stock worth $3,603,473,000 after buying an additional 3,101,267 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Palo Alto Networks by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock valued at $2,934,935,000 after buying an additional 540,756 shares during the period. 79.82% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CAO Josh D. Paul sold 900 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $345.00, for a total value of $310,500.00. Following the completion of the sale, the chief accounting officer owned 79,644 shares of the company’s stock, valued at approximately $27,477,180. This trade represents a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Aparna Bawa sold 290 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total transaction of $101,134.60. Following the completion of the sale, the director directly owned 6,437 shares of the company’s stock, valued at $2,244,839.38. This represents a 4.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 37,935 shares of company stock valued at $10,809,461. Insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Truist Financial set a $435.00 price objective on shares of Palo Alto Networks and gave the company a “buy” rating in a report on Wednesday. Weiss Ratings lowered Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Susquehanna reiterated a “positive” rating and set a $350.00 price target (up from $200.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Stifel Nicolaus set a $415.00 price objective on Palo Alto Networks and gave the company a “buy” rating in a report on Wednesday. Finally, Loop Capital boosted their price objective on Palo Alto Networks from $160.00 to $290.00 and gave the company a “hold” rating in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $362.67.

More Palo Alto Networks News

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

• Positive Sentiment: AI security initiative expands growth opportunities. Palo Alto Networks launched the Frontier AI Critical Defense Program with technology partners to protect critical infrastructure from AI-driven exploits and vulnerabilities. The initiative could strengthen PANW’s position in the emerging AI-security market and support demand from government and enterprise customers. Palo Alto Networks Introduces Frontier AI Critical Defense Program
• Positive Sentiment: Analyst remains bullish. Cantor Fitzgerald raised its price target to $425 from $340 and maintained an “overweight” rating, citing potential for continued appreciation. The higher target signals confidence in PANW’s growth prospects despite recent volatility. Palo Alto Networks Price Target Raised by Cantor Fitzgerald
• Positive Sentiment: Enterprise AI adoption may drive sales. Palo Alto Networks is positioning its network, identity, AI and security-operations products to benefit as businesses deploy more artificial intelligence. This could help PANW compete more effectively with CrowdStrike and Zscaler. Can Strong Enterprise AI Adoption Help PANW Challenge CrowdStrike and Zscaler?
• Neutral Sentiment: Recent coverage from TD Cowen and other outlets remains constructive on PANW’s long-term appreciation potential, but provides limited new operating information. TD Cowen Forecasts Strong Price Appreciation for Palo Alto Networks
• Negative Sentiment: Cybersecurity-sector selling is weighing on PANW. Palo Alto Networks declined even as the broader market improved, while CrowdStrike also sold off sharply. The synchronized weakness suggests investors are reducing exposure to cybersecurity stocks or taking profits, overshadowing bullish analyst commentary. CrowdStrike and Palo Alto Networks Stock Declines

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $349.56 on Friday. The stock has a market capitalization of $284.89 billion, a P/E ratio of 286.52, a PEG ratio of 12.08 and a beta of 0.91. The business has a 50 day simple moving average of $335.81 and a two-hundred day simple moving average of $240.90. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $398.88. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly 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 firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period in the previous year, the company posted $0.37 earnings per share. The business’s revenue 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. As a group, analysts predict that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal 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.