SOA Wealth Advisors LLC. Has $3.52 Million Position in Palo Alto Networks, Inc. $PANW

SOA Wealth Advisors LLC. boosted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 2.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,179 shares of the network technology company’s stock after purchasing an additional 467 shares during the quarter. SOA Wealth Advisors LLC.’s holdings in Palo Alto Networks were worth $3,516,000 as of its most recent SEC filing.

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

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $206.80 on Thursday. The company has a market capitalization of $138.33 billion, a P/E ratio of 128.85, a price-to-earnings-growth ratio of 4.85 and a beta of 0.98. The company’s 50-day moving average is $189.95 and its 200 day moving average is $187.87. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $210.39.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the firm 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. As a group, research analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Analyst Ratings Changes

PANW has been the subject of a number of analyst reports. Sanford C. Bernstein set a $207.00 price objective on shares of Palo Alto Networks and gave the company an “outperform” rating in a report on Tuesday, August 19th. KeyCorp downgraded Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 31st. Piper Sandler raised Palo Alto Networks from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $200.00 to $225.00 in a report on Tuesday, August 12th. Jefferies Financial Group set a $235.00 target price on Palo Alto Networks in a report on Tuesday, July 29th. Finally, Tigress Financial assumed coverage on Palo Alto Networks in a report on Friday, September 26th. They set a “buy” rating and a $245.00 price target for the company. Thirty equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average price target of $214.64.

Insiders Place Their Bets

In other Palo Alto Networks news, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the transaction, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. This represents a 75.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the sale, the executive vice president directly owned 96,135 shares of the company’s stock, valued at $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,314,430 shares of company stock valued at $259,210,094 in the last quarter. 2.50% of the stock is currently owned by company insiders.

About Palo Alto Networks

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.