Signature Estate & Investment Advisors LLC Acquires Shares of 1,569 Palo Alto Networks, Inc. $PANW

Signature Estate & Investment Advisors LLC acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the second quarter, HoldingsChannel reports. The firm acquired 1,569 shares of the network technology company’s stock, valued at approximately $321,000.

A number of other institutional investors also recently bought and sold shares of the business. Woodard & Co. Asset Management Group Inc. ADV increased its stake in Palo Alto Networks by 3.3% in the second quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 10,314 shares of the network technology company’s stock valued at $2,111,000 after purchasing an additional 329 shares during the period. Aspiriant LLC increased its stake in Palo Alto Networks by 8.9% in the second quarter. Aspiriant LLC now owns 2,497 shares of the network technology company’s stock valued at $511,000 after purchasing an additional 204 shares during the period. Koshinski Asset Management Inc. increased its stake in shares of Palo Alto Networks by 26.6% during the second quarter. Koshinski Asset Management Inc. now owns 9,635 shares of the network technology company’s stock worth $1,972,000 after acquiring an additional 2,025 shares during the period. Citizens Business Bank increased its stake in shares of Palo Alto Networks by 3.9% during the second quarter. Citizens Business Bank now owns 26,154 shares of the network technology company’s stock worth $5,352,000 after acquiring an additional 982 shares during the period. Finally, Huntleigh Advisors Inc. increased its stake in shares of Palo Alto Networks by 0.5% during the second quarter. Huntleigh Advisors Inc. now owns 20,425 shares of the network technology company’s stock worth $4,180,000 after acquiring an additional 100 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on PANW. Westpark Capital reiterated a “hold” rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. JMP Securities reiterated a “market outperform” rating and set a $212.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Oppenheimer boosted their price target on shares of Palo Alto Networks from $225.00 to $245.00 and gave the stock an “outperform” rating in a research note on Friday. Barclays reissued an “overweight” rating and set a $215.00 price objective (up previously from $210.00) on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $223.00 price objective on shares of Palo Alto Networks in a report on Friday, August 15th. Thirty research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average price target of $216.60.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $211.82 on Tuesday. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $217.94. The company has a market capitalization of $141.69 billion, a PE ratio of 131.98, a price-to-earnings-growth ratio of 4.94 and a beta of 0.98. The firm’s 50-day moving average is $197.67 and its two-hundred day moving average is $191.00.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter in the prior 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. On average, analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling

In other news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction on Tuesday, September 23rd. The shares were 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the completion of the sale, the executive vice president directly owned 149,190 shares of the company’s stock, valued at $31,616,344.80. The trade was a 44.74% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,315,130 shares of company stock valued at $260,687,367. 2.50% of the stock is owned by corporate insiders.

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.