State of Wyoming Acquires 2,045 Shares of Palo Alto Networks, Inc. $PANW

State of Wyoming boosted its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 655.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,357 shares of the network technology company’s stock after buying an additional 2,045 shares during the quarter. State of Wyoming’s holdings in Palo Alto Networks were worth $434,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of PANW. TD Asset Management Inc lifted its holdings in Palo Alto Networks by 7.6% in the 4th quarter. TD Asset Management Inc now owns 398,503 shares of the network technology company’s stock worth $73,404,000 after purchasing an additional 28,232 shares during the last quarter. Sivia Capital Partners LLC grew its holdings in Palo Alto Networks by 87.0% during the fourth quarter. Sivia Capital Partners LLC now owns 4,264 shares of the network technology company’s stock valued at $785,000 after purchasing an additional 1,984 shares during the last quarter. Marietta Investment Partners LLC bought a new position in shares of Palo Alto Networks in the fourth quarter valued at approximately $2,780,000. WCG Wealth Advisors LLC raised its position in shares of Palo Alto Networks by 173.5% in the fourth quarter. WCG Wealth Advisors LLC now owns 33,816 shares of the network technology company’s stock valued at $6,229,000 after purchasing an additional 21,453 shares during the period. Finally, Shepherd Street Advisors LLC acquired a new stake in shares of Palo Alto Networks in the fourth quarter worth $1,129,000. 79.82% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

PANW has been the topic of a number of research analyst reports. Arete Research upgraded shares of Palo Alto Networks from a “sell” rating to a “buy” rating and set a $185.00 target price on the stock in a research note on Tuesday, March 3rd. BNP Paribas Exane upped their price target on shares of Palo Alto Networks from $220.00 to $330.00 and gave the company an “outperform” rating in a 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 company a “buy” rating in a research report on Wednesday, June 3rd. Benchmark lifted their price objective on Palo Alto Networks from $270.00 to $340.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Finally, Oppenheimer boosted their price objective on Palo Alto Networks from $275.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $306.59.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $272.05 on Monday. The firm has a market cap of $221.72 billion, a P/E ratio of 222.99, a price-to-earnings-growth ratio of 9.55 and a beta of 0.94. The firm’s 50-day simple moving average is $205.03 and its 200-day simple moving average is $186.47. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $302.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. The firm had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company’s quarterly revenue was up 31.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.37 earnings per share. 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, research analysts expect that Palo Alto Networks, Inc. will post 2.15 EPS for the current fiscal year.

Key Palo Alto Networks News

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

• Positive Sentiment: Analyst sentiment remains broadly constructive, with multiple firms raising price targets after earnings, including targets of $207 to $360 and several firms reiterating positive forecasts for PANW. HSBC adjusts price target on Palo Alto Networks
• Positive Sentiment: FBN Securities upgraded Palo Alto Networks from “outperform” to “strong-buy,” adding to the bullish analyst backdrop. FBN Securities upgrade
• Neutral Sentiment: Several articles note that PANW’s strong AI security narrative and recent earnings beat have kept the long-term story intact, even as the stock has cooled after its sharp rally. Barron’s on Palo Alto Networks rally
• Negative Sentiment: Cybersecurity peers, especially CrowdStrike, sold off after earnings, and that weakness spilled over to PANW as investors demanded clearer proof of AI monetization and more room for upside after the rally. CrowdStrike sinks, weighing on Palo Alto Networks
• Negative Sentiment: Some commentary argues PANW’s stock has run too far too fast, suggesting valuation concerns and profit-taking are pressuring shares despite solid fundamentals. Seeking Alpha on Palo Alto Networks valuation

Insiders Place Their Bets

In related news, CEO Nikesh Arora bought 68,085 shares of the business’s stock in a transaction that occurred on Friday, March 27th. The stock was acquired at an average price of $146.87 per share, for a total transaction of $9,999,643.95. Following the transaction, the chief executive officer directly owned 343,394 shares of the company’s stock, valued at $50,434,276.78. This represents a 24.73% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Lee Klarich sold 62,904 shares of the business’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the sale, the executive vice president directly owned 235,983 shares in the company, valued at approximately $61,037,002.95. This represents a 21.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 72,076 shares of company stock worth $17,930,587 in the last 90 days. 1.40% of the stock is owned by corporate insiders.

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.