Severin Investments LLC bought a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) in the first quarter, HoldingsChannel.com reports. The firm bought 2,709 shares of the network technology company’s stock, valued at approximately $434,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Darwin Wealth Management LLC purchased a new stake in shares of Palo Alto Networks during the 2nd quarter valued at about $25,000. Knuff & Co LLC purchased a new position in shares of Palo Alto Networks in the fourth quarter worth approximately $26,000. Steph & Co. boosted its holdings 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 during the last quarter. Sittner & Nelson LLC grew its position in Palo Alto Networks by 73.8% during the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after buying an additional 62 shares during the period. Finally, Winch Advisory Services LLC grew its position in Palo Alto Networks by 96.1% during the third quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after buying an additional 73 shares during the period. 79.82% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Several research analysts have weighed in on PANW shares. Rosenblatt Securities increased their price target on shares of Palo Alto Networks from $275.00 to $355.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Morgan Stanley boosted their price objective on shares of Palo Alto Networks from $253.00 to $320.00 and gave the company an “overweight” rating in a research report on Wednesday, June 3rd. Loop Capital upped their price objective on Palo Alto Networks from $160.00 to $290.00 and gave the stock a “hold” rating in a research note on Wednesday, June 3rd. Guggenheim downgraded Palo Alto Networks from a “neutral” rating to a “reduce” rating in a research report on Wednesday, May 27th. Finally, FBN Securities reiterated an “outperform” rating and set a $330.00 target price on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average target price of $313.00.
Palo Alto Networks Stock Performance
Shares of NASDAQ PANW opened at $341.02 on Wednesday. The stock has a market cap of $277.93 billion, a PE ratio of 279.52, a price-to-earnings-growth ratio of 12.33 and a beta of 0.94. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $342.48. The firm has a fifty day moving average price of $247.98 and a 200-day moving average price of $198.12. 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 – Get Free Report) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. Palo Alto Networks’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.37 EPS. 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 anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the executive vice president owned 145,250 shares of the company’s stock, valued at $42,058,590. This represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director John P. Key sold 7,500 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.24, for a total value of $2,094,300.00. Following the completion of the transaction, the director directly owned 12,500 shares of the company’s stock, valued at approximately $3,490,500. This trade represents a 37.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 100,289 shares of company stock valued at $26,590,990. Insiders own 1.40% of the company’s stock.
Key Stories Impacting Palo Alto Networks
Here are the key news stories impacting Palo Alto Networks this week:
- Positive Sentiment: BTIG raised its price target on Palo Alto Networks to $380 from $333 and kept a buy rating, signaling confidence in additional upside for PANW. BTIG Raises Price Target on Palo Alto Networks
- Positive Sentiment: Wells Fargo increased its target to $355 from $165 and reiterated a buy rating, highlighting strong analyst conviction after the company’s recent results. Palo Alto Networks Gets Massive Upward Price Target Revisions
- Positive Sentiment: Arete Research lifted its target to $433 from $185 and maintained a buy rating, adding to the wave of bullish revisions. Arete Adjusts Price Target on Palo Alto Networks
- Positive Sentiment: Commentary around PANW’s AI security and observability business suggests growing demand for its platform as enterprises spend more on cybersecurity tied to AI adoption. Palo Alto Networks Gains Momentum in AI Security and Observability
- Neutral Sentiment: Analysts broadly continue to view Palo Alto Networks as a “moderate buy,” reflecting generally favorable but not unanimous sentiment. Palo Alto Networks Given Consensus Rating of Moderate Buy
- Negative Sentiment: Some coverage notes that the stock’s rapid run-up has pushed valuations higher, which could make PANW more vulnerable if growth or margins fail to keep pace. Cybersecurity Rally Justify Its Valuations
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.
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