Clearstead Advisors LLC Acquires 2,128 Shares of Palo Alto Networks, Inc. $PANW

Clearstead Advisors LLC increased its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.8% during the 4th quarter, HoldingsChannel reports. The fund owned 121,928 shares of the network technology company’s stock after buying an additional 2,128 shares during the period. Clearstead Advisors LLC’s holdings in Palo Alto Networks were worth $22,459,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks during the second quarter worth about $25,000. Knuff & Co LLC bought a new position in shares of Palo Alto Networks in the fourth quarter worth approximately $26,000. Steph & Co. lifted its stake in shares of Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after buying an additional 67 shares in the last quarter. Winch Advisory Services LLC lifted its stake in shares of Palo Alto Networks by 96.1% in the third quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock worth $30,000 after buying an additional 73 shares in the last quarter. Finally, WHI TRUST Co LLC bought a new position in shares of Palo Alto Networks in the fourth quarter worth approximately $28,000. Institutional investors own 79.82% of the company’s stock.

More 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 PANW to $285 from $235 and kept an overweight rating, signaling further upside potential for the cybersecurity leader.
• Positive Sentiment: Truist also boosted its price target ahead of results, reinforcing Wall Street’s improving view of Palo Alto Networks’ earnings and growth outlook. Palo Alto Networks (PANW) Gets Major Price Target Boost from Truist Ahead of Q1 Results
• Positive Sentiment: Jefferies said customers at the company’s Ignite On Tour event showed strong interest in PANW’s AI security offerings, with acquisitions Portkey and Koi Security attracting attention and little resistance to recent firewall price increases.
• Positive Sentiment: Investor commentary continued to highlight cybersecurity as a durable budget priority, with Palo Alto Networks added to Josh Brown’s “best stocks” list alongside other leading security names.
• Neutral Sentiment: One article framed PANW’s strong year-to-date outperformance versus Palantir as a possible rebalancing candidate, but the piece was more about relative performance than a new company-specific catalyst. Palo Alto Networks Is Beating Palantir by 60% This Year. Is a Rebalancing Imminent?
• Neutral Sentiment: Company insider selling by CAO Josh D. Paul was disclosed, though the 400-share sale was relatively small versus his remaining holdings and does not by itself signal a major shift in fundamentals.
• Neutral Sentiment: Recent commentary also pointed to rising AI security demand for products like Prisma AIRS and XSIAM, supporting the long-term growth narrative rather than changing near-term results.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $260.58 on Monday. The company has a market cap of $212.63 billion, a price-to-earnings ratio of 143.97, a price-to-earnings-growth ratio of 9.39 and a beta of 0.77. The company’s 50 day moving average is $183.29 and its 200 day moving average is $182.06. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $261.41.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on PANW shares. Oppenheimer reiterated an “outperform” rating and issued a $275.00 target price (up from $245.00) on shares of Palo Alto Networks in a research note on Friday, May 15th. TD Cowen reiterated a “buy” rating on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Citigroup reiterated a “buy” rating and issued a $210.00 target price (down from $235.00) on shares of Palo Alto Networks in a research note on Thursday, February 19th. Argus upgraded shares of Palo Alto Networks to a “strong-buy” rating in a research note on Friday, February 20th. Finally, Royal Bank Of Canada upped their target price on shares of Palo Alto Networks from $220.00 to $255.00 and gave the stock an “outperform” rating in a research note on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $226.33.

Insider Transactions at Palo Alto Networks

In other news, CEO Nikesh Arora acquired 68,085 shares of Palo Alto Networks stock in a transaction dated Friday, March 27th. The stock was purchased at an average cost of $146.87 per share, with a total value of $9,999,643.95. Following the completion of the purchase, the chief executive officer directly owned 343,394 shares in the company, valued at approximately $50,434,276.78. This trade represents a 24.73% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total transaction of $802,100.00. Following the completion of the sale, the executive vice president directly owned 150,250 shares of the company’s stock, valued at approximately $24,103,105. This trade represents a 3.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 30,756 shares of company stock valued at $5,076,355. Company insiders own 1.40% of the company’s stock.

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.