MLP3 LLC Buys Shares of 1,922 Palo Alto Networks, Inc. $PANW

MLP3 LLC bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,922 shares of the network technology company’s stock, valued at approximately $354,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Harold Davidson & Associates Inc. increased its holdings in Palo Alto Networks by 5.0% in the third quarter. Harold Davidson & Associates Inc. now owns 1,056 shares of the network technology company’s stock valued at $215,000 after buying an additional 50 shares in the last quarter. Princeton Capital Management LLC increased its holdings in Palo Alto Networks by 3.4% in the third quarter. Princeton Capital Management LLC now owns 1,520 shares of the network technology company’s stock valued at $310,000 after buying an additional 50 shares in the last quarter. South Plains Financial Inc. increased its holdings in Palo Alto Networks by 1.0% in the third quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock valued at $982,000 after buying an additional 50 shares in the last quarter. Fayez Sarofim & Co increased its holdings in Palo Alto Networks by 1.2% in the third quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock valued at $878,000 after buying an additional 50 shares in the last quarter. Finally, Certified Advisory Corp increased its holdings in Palo Alto Networks by 0.3% in the third quarter. Certified Advisory Corp now owns 16,938 shares of the network technology company’s stock valued at $3,449,000 after buying an additional 51 shares in the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total transaction of $802,100.00. Following the sale, the executive vice president owned 150,250 shares in the company, valued at approximately $24,103,105. This trade represents a 3.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John P. Key sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the sale, the director owned 12,500 shares in the company, valued at approximately $3,490,500. This trade represents a 37.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 81,044 shares of company stock valued at $20,424,722 in the last 90 days. Insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on PANW. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $325.00 target price (up from $285.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Wolfe Research reiterated an “outperform” rating and issued a $320.00 price target on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. UBS Group set a $300.00 price target on shares of Palo Alto Networks and gave the company a “neutral” rating in a research report on Wednesday, June 3rd. JPMorgan Chase & Co. increased their price target on shares of Palo Alto Networks from $200.00 to $300.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. Finally, Northland Securities increased their price target on shares of Palo Alto Networks from $190.00 to $302.00 and gave the company a “market perform” rating in a research report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $306.59.

Palo Alto Networks Price Performance

PANW stock opened at $279.62 on Monday. The company’s 50 day simple moving average is $216.44 and its 200-day simple moving average is $189.26. The firm has a market capitalization of $227.89 billion, a PE ratio of 229.20, a P/E/G ratio of 10.38 and a beta of 0.94. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $302.95. 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 released its quarterly earnings results 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 business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period in the prior year, the business earned $0.37 earnings per share. The company’s quarterly 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. Equities analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share 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.