Performance Wealth Partners LLC Purchases Shares of 7,441 Palo Alto Networks, Inc. $PANW

Performance Wealth Partners LLC acquired a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,441 shares of the network technology company’s stock, valued at approximately $2,538,000.

Other large investors also recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks during the second quarter worth $25,000. Knuff & Co LLC bought a new position in shares of Palo Alto Networks in the 4th quarter valued at about $26,000. Sittner & Nelson LLC grew its position in shares of Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 62 shares during the period. N.E.W. Advisory Services LLC acquired a new position in shares of Palo Alto Networks during the 2nd quarter worth about $27,000. Finally, Luken Investment Analytics LLC increased its stake in shares of Palo Alto Networks by 196.2% during the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after purchasing an additional 102 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Activity

In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of the stock in a transaction 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 owned 20,000 shares in the company, valued at $5,598,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks stock in a transaction on Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the sale, the chief accounting officer directly owned 81,636 shares of the company’s stock, valued at $23,272,790.88. This represents a 1.33% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 101,239 shares of company stock worth $27,174,360. Corporate insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

PANW has been the subject of several recent analyst reports. Loop Capital raised their target price on shares of Palo Alto Networks from $160.00 to $290.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. Stephens boosted their price target on Palo Alto Networks from $180.00 to $300.00 and gave the stock an “equal weight” rating in a research report on Wednesday, June 3rd. Tigress Financial raised their price objective on Palo Alto Networks from $245.00 to $430.00 and gave the company a “buy” rating in a research report on Wednesday, July 15th. Sanford C. Bernstein lifted their target price on Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Finally, Evercore reissued an “outperform” rating and set a $415.00 target price on shares of Palo Alto Networks in a report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $342.61.

Palo Alto Networks Trading Down 2.2%

Shares of PANW stock opened at $375.76 on Tuesday. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $398.88. The company has a market capitalization of $306.24 billion, a PE ratio of 308.00, a price-to-earnings-growth ratio of 12.89 and a beta of 0.91. The firm has a 50 day moving average price of $330.20 and a two-hundred day moving average price of $237.05. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW) last posted its 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. The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $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, analysts predict that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current 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.