First Nebraska Trust Co Takes Position in Palo Alto Networks, Inc. $PANW

First Nebraska Trust Co purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,342 shares of the network technology company’s stock, valued at approximately $1,140,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PANW. Trilogy Capital Inc. boosted its stake in shares of Palo Alto Networks by 1.8% during the 2nd quarter. Trilogy Capital Inc. now owns 2,127 shares of the network technology company’s stock worth $725,000 after acquiring an additional 37 shares in the last quarter. Wisconsin Wealth Advisors LLC raised its holdings in Palo Alto Networks by 1.2% in the 2nd quarter. Wisconsin Wealth Advisors LLC now owns 3,206 shares of the network technology company’s stock worth $1,093,000 after purchasing an additional 38 shares during the period. Orrstown Financial Services Inc. boosted its position in Palo Alto Networks by 1.2% during the second quarter. Orrstown Financial Services Inc. now owns 3,197 shares of the network technology company’s stock worth $1,090,000 after purchasing an additional 38 shares in the last quarter. GSG Advisors LLC grew its holdings in Palo Alto Networks by 0.4% in the first quarter. GSG Advisors LLC now owns 12,536 shares of the network technology company’s stock valued at $2,010,000 after purchasing an additional 51 shares during the period. Finally, Arlington Trust Co LLC increased its position in shares of Palo Alto Networks by 8.5% in the second quarter. Arlington Trust Co LLC now owns 703 shares of the network technology company’s stock valued at $240,000 after buying an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In other news, Director Helle Thorning-Schmidt sold 700 shares of the business’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total transaction of $242,795.00. Following the transaction, the director owned 5,898 shares of the company’s stock, valued at approximately $2,045,721.30. The trade was a 10.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Josh D. Paul sold 1,100 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $285.08, for a total transaction of $313,588.00. Following the completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 37,935 shares of company stock worth $10,809,461. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Up 2.4%

PANW opened at $358.04 on Friday. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $398.88. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a market capitalization of $291.80 billion, a price-to-earnings ratio of 293.48, a price-to-earnings-growth ratio of 12.02 and a beta of 0.91. The company’s 50 day simple moving average is $337.38 and its two-hundred day simple moving average is $241.72.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping 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 firm’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same quarter 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. Analysts expect that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on PANW. Royal Bank Of Canada reiterated an “outperform” rating and set a $434.00 target price (up from $330.00) on shares of Palo Alto Networks in a research report on Friday, August 14th. New Street Research set a $415.00 target price on shares of Palo Alto Networks in a research note on Tuesday. JPMorgan Chase & Co. boosted their price objective on Palo Alto Networks from $200.00 to $300.00 and gave the stock an “overweight” rating in a research note on Monday, June 1st. Truist Financial set a $435.00 target price on Palo Alto Networks and gave the company a “buy” rating in a report on Wednesday. Finally, Stephens raised their target price on Palo Alto Networks from $180.00 to $300.00 and gave the company an “equal weight” rating in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Palo Alto Networks presently has an average rating of “Moderate Buy” and a consensus price target of $362.67.

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.