Bryn Mawr Trust Advisors LLC Takes Position in Palo Alto Networks, Inc. $PANW

Bryn Mawr Trust Advisors LLC acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,585 shares of the network technology company’s stock, valued at approximately $882,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Hardy Reed LLC bought a new stake in shares of Palo Alto Networks in the 2nd quarter valued at about $3,594,000. Trust Asset Management LLC grew its holdings in Palo Alto Networks by 19.4% during the second quarter. Trust Asset Management LLC now owns 8,639 shares of the network technology company’s stock valued at $2,946,000 after purchasing an additional 1,401 shares during the period. Regent Peak Wealth Advisors LLC bought a new stake in Palo Alto Networks in the second quarter valued at approximately $368,000. Annex Advisory Services LLC bought a new stake in Palo Alto Networks in the second quarter valued at approximately $222,000. Finally, Whitener Capital Management Inc. raised its holdings in Palo Alto Networks by 3.5% in the second quarter. Whitener Capital Management Inc. now owns 12,312 shares of the network technology company’s stock worth $4,199,000 after purchasing an additional 415 shares during the period. 79.82% of the stock is owned by institutional investors.

Palo Alto Networks Price Performance

PANW stock opened at $384.27 on Friday. The stock has a 50-day moving average price of $328.02 and a two-hundred day moving average price of $235.34. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $398.88. The stock has a market cap of $313.18 billion, a PE ratio of 314.98, a price-to-earnings-growth ratio of 13.29 and a beta of 0.91. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS 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 analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company’s quarterly revenue was up 31.1% compared to the same quarter last year. During the same period in the previous year, the company 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. Equities analysts forecast that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Wall Street Analyst Weigh In

PANW has been the subject of a number of recent analyst reports. Jefferies Financial Group set a $335.00 price objective on shares of Palo Alto Networks and gave the company a “buy” rating in a research report on Wednesday, June 3rd. DA Davidson boosted their target price on Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Guggenheim downgraded Palo Alto Networks from a “neutral” rating to a “reduce” rating in a report on Wednesday, May 27th. Berenberg Bank increased their price target on Palo Alto Networks from $290.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Finally, Piper Sandler reiterated an “overweight” rating and set a $345.00 price objective (up from $265.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Palo Alto Networks currently has an average rating of “Moderate Buy” and an average target price of $339.61.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director James J. Goetz sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the transaction, the director directly owned 20,000 shares of the company’s stock, valued at $5,598,000. This represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 101,239 shares of company stock worth $27,174,360. Corporate insiders own 1.40% of the company’s stock.

About Palo Alto Networks

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.