Palo Alto Networks, Inc. $PANW Shares Acquired by Forbes J M & Co. LLP

Forbes J M & Co. LLP increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 0.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,301 shares of the network technology company’s stock after acquiring an additional 98 shares during the period. Forbes J M & Co. LLP’s holdings in Palo Alto Networks were worth $7,633,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. HWG Holdings LP bought a new stake in shares of Palo Alto Networks in the 1st quarter worth approximately $31,000. Dagco Inc. acquired a new position in Palo Alto Networks in the first quarter worth approximately $33,000. WPG Advisers LLC bought a new position in shares of Palo Alto Networks in the first quarter valued at $37,000. Strategic Investment Solutions Inc. IL increased its holdings in shares of Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after buying an additional 83 shares in the last quarter. Finally, Stonebridge Financial Group LLC lifted its position in shares of Palo Alto Networks by 46.8% during the 1st quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock valued at $40,000 after acquiring an additional 74 shares during the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Palo Alto Networks Stock Down 0.2%

Shares of NASDAQ:PANW opened at $203.62 on Wednesday. The firm has a fifty day moving average of $189.80 and a two-hundred day moving average of $187.74. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $210.39. The firm has a market capitalization of $136.20 billion, a P/E ratio of 126.87, a price-to-earnings-growth ratio of 4.86 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The business 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%. Palo Alto Networks’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the business posted $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. Equities research analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Insider Activity at Palo Alto Networks

In related news, EVP Nir Zuk sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the transaction, the executive vice president owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $184.20, for a total transaction of $128,940.00. Following the completion of the sale, the chief accounting officer owned 37,723 shares of the company’s stock, valued at $6,948,576.60. This trade represents a 1.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,314,430 shares of company stock worth $259,210,094. 2.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on PANW shares. DA Davidson restated a “buy” rating and issued a $215.00 target price on shares of Palo Alto Networks in a report on Tuesday, August 19th. JMP Securities reissued a “market outperform” rating and issued a $212.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $223.00 price objective on shares of Palo Alto Networks in a research note on Friday, August 15th. Guggenheim raised their target price on shares of Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a report on Tuesday, August 19th. Finally, KeyCorp lowered shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 31st. Thirty equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Palo Alto Networks currently has an average rating of “Moderate Buy” and a consensus price target of $214.64.

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.