Corient Private Wealth LP Buys Shares of 1,117,063 Palo Alto Networks, Inc. $PANW

Corient Private Wealth LP purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,117,063 shares of the network technology company’s stock, valued at approximately $380,938,000.

Other hedge funds have also recently bought and sold shares of the company. Solstein Capital LLC acquired a new stake in Palo Alto Networks in the 2nd quarter valued at approximately $26,000. N.E.W. Advisory Services LLC acquired a new position in Palo Alto Networks during the 2nd quarter worth $27,000. Delos Wealth Advisors LLC bought a new position in shares of Palo Alto Networks in the second quarter worth $28,000. Comprehensive Financial Planning Inc. PA bought a new position in shares of Palo Alto Networks in the second quarter worth $36,000. Finally, Kilter Group LLC acquired a new position in shares of Palo Alto Networks during the second quarter valued at $39,000. 79.82% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Palo Alto Networks

In related news, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the transaction, the director owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. This trade represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Helle Thorning-Schmidt sold 700 shares of the business’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $346.85, for a total value of $242,795.00. Following the sale, the director owned 5,898 shares in the company, valued at approximately $2,045,721.30. The trade was a 10.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 37,935 shares of company stock valued at $10,809,461 over the last 90 days. 1.40% of the stock is owned by insiders.

Palo Alto Networks News Summary

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Analysts remain bullish: BTIG Research reaffirmed its “Buy” rating and set a $380 price target, implying roughly 12% upside from the referenced price. BTIG Reiterates Buy Rating on Palo Alto Networks
• Positive Sentiment: JPMorgan raised its price target from $326 to $384 and maintained an “Overweight” rating, signaling improved confidence in PANW’s earnings and growth outlook. JPMorgan Raises Palo Alto Networks Price Target
• Positive Sentiment: Wall Street’s overall analyst view remains favorable, and Benchmark also expects the stock to rise. Strong firewall bookings, software growth and AI-related traffic are cited as potential drivers of longer-term network-security demand. Wall Street Analysts See Palo Alto as a Buy Can Rising Network Security Demand Boost PANW’s Long-Term Growth?
• Neutral Sentiment: PANW was scheduled to report earnings, giving investors a near-term catalyst. Its latest reported quarter exceeded consensus revenue and EPS estimates, but the stock’s high valuation leaves results and guidance important for sustaining momentum. Palo Alto Networks Expected to Post Earnings
• Neutral Sentiment: The reported short-interest data shows zero shares short, so it provides no meaningful evidence of short-seller pressure or potential short-covering support.
• Negative Sentiment: Palo Alto Networks recently fell even as the broader market gained, indicating near-term profit-taking, valuation concerns or company-specific selling. The decline followed a session in which PANW lost more than 3%. Palo Alto Networks Stock Sinks as Market Gains

Palo Alto Networks Stock Performance

Shares of PANW opened at $339.31 on Thursday. 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’s 50 day moving average is $341.05 and its 200-day moving average is $246.01. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $398.88. The stock has a market capitalization of $276.54 billion, a P/E ratio of 278.12, a P/E/G ratio of 11.39 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last released 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 business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business’s quarterly revenue was up 31.1% on a year-over-year basis. During the same period 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. Equities research analysts anticipate that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently weighed in on PANW. Berenberg Bank lifted their price objective on shares of Palo Alto Networks from $290.00 to $360.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. The Goldman Sachs Group reissued a “buy” rating and set a $330.00 target price on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Jefferies Financial Group set a $335.00 price target on shares of Palo Alto Networks and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Cantor Fitzgerald upped their price target on shares of Palo Alto Networks from $340.00 to $425.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Finally, BTIG Research reiterated a “buy” rating and issued a $380.00 price objective on shares of Palo Alto Networks in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus target price of $365.87.

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.