Wealth Alliance Advisory Group LLC Makes New $228,000 Investment in Palo Alto Networks, Inc. $PANW

Wealth Alliance Advisory Group LLC acquired a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,115 shares of the network technology company’s stock, valued at approximately $228,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of PANW. Capital A Wealth Management LLC purchased a new stake in shares of Palo Alto Networks during the fourth quarter valued at approximately $29,000. HWG Holdings LP purchased a new stake in shares of Palo Alto Networks during the first quarter valued at approximately $31,000. Dagco Inc. purchased a new stake in shares of Palo Alto Networks during the first quarter valued at approximately $33,000. SWAN Capital LLC grew its holdings in shares of Palo Alto Networks by 100.0% during the fourth quarter. SWAN Capital LLC now owns 200 shares of the network technology company’s stock valued at $36,000 after buying an additional 100 shares during the last quarter. Finally, WPG Advisers LLC purchased a new stake in shares of Palo Alto Networks during the first quarter valued at approximately $37,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Down 1.0%

Shares of Palo Alto Networks stock opened at $196.29 on Friday. The company has a market cap of $131.30 billion, a price-to-earnings ratio of 122.30, a price-to-earnings-growth ratio of 4.73 and a beta of 0.98. The company’s 50 day moving average is $188.03 and its 200 day moving average is $185.91. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $210.39.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The firm’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Sell-side analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total value of $23,081,119.14. Following the transaction, the executive vice president directly owned 177,954 shares in the company, valued at approximately $34,008,788.94. This trade represents a 40.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Nir Zuk sold 100,000 shares of the stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the transaction, the executive vice president owned 3,143,516 shares in the company, valued at $543,199,564.80. The trade was a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 569,422 shares of company stock valued at $106,629,618 over the last three months. Insiders own 2.50% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. KeyCorp cut shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 31st. Royal Bank Of Canada reiterated an “outperform” rating and set a $232.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. UBS Group set a $185.00 price target on shares of Palo Alto Networks and gave the company a “neutral” rating in a report on Tuesday, August 12th. Piper Sandler upgraded shares of Palo Alto Networks from a “neutral” rating to an “overweight” rating and increased their price target for the company from $200.00 to $225.00 in a report on Tuesday, August 12th. Finally, Northland Securities cut their price target on shares of Palo Alto Networks from $210.00 to $177.00 and set a “market perform” rating on the stock in a report on Wednesday, May 21st. Twenty-eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $211.68.

Palo Alto Networks Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.