VestGen Investment Management Purchases 112 Shares of Palo Alto Networks, Inc. $PANW

VestGen Investment Management increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 4.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,462 shares of the network technology company’s stock after acquiring an additional 112 shares during the period. VestGen Investment Management’s holdings in Palo Alto Networks were worth $504,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the stock. Ingalls & Snyder LLC increased its holdings in shares of Palo Alto Networks by 44.2% in the 2nd quarter. Ingalls & Snyder LLC now owns 22,565 shares of the network technology company’s stock worth $4,618,000 after buying an additional 6,915 shares during the last quarter. Whipplewood Advisors LLC increased its holdings in shares of Palo Alto Networks by 6,400.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after buying an additional 128 shares during the last quarter. Interchange Capital Partners LLC increased its holdings in shares of Palo Alto Networks by 2.1% in the 2nd quarter. Interchange Capital Partners LLC now owns 4,096 shares of the network technology company’s stock worth $838,000 after buying an additional 85 shares during the last quarter. Brighton Jones LLC increased its holdings in shares of Palo Alto Networks by 60.3% in the 2nd quarter. Brighton Jones LLC now owns 10,703 shares of the network technology company’s stock worth $2,190,000 after buying an additional 4,026 shares during the last quarter. Finally, Linden Thomas Advisory Services LLC increased its holdings in shares of Palo Alto Networks by 22.5% in the 2nd quarter. Linden Thomas Advisory Services LLC now owns 30,246 shares of the network technology company’s stock worth $6,190,000 after buying an additional 5,549 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Insider Transactions at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction dated 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 directly owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. This trade represents a 4.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction dated 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 sale, 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 disclosure for this sale can be found here. In the last 90 days, insiders sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is owned by corporate insiders.

Palo Alto Networks Stock Up 1.0%

Shares of Palo Alto Networks stock opened at $217.11 on Friday. The firm has a market cap of $145.22 billion, a PE ratio of 135.27, a price-to-earnings-growth ratio of 5.16 and a beta of 0.98. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $218.23. The company’s fifty day simple moving average is $200.79 and its two-hundred day simple moving average is $192.46.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same quarter last year, the firm earned $0.75 EPS. The company’s revenue was up 15.8% on a year-over-year basis. 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, sell-side analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on PANW shares. Cantor Fitzgerald reissued an “overweight” rating and issued a $223.00 price target on shares of Palo Alto Networks in a report on Friday, August 15th. BMO Capital Markets upped their price objective on shares of Palo Alto Networks from $217.00 to $225.00 and gave the company an “outperform” rating in a research note on Tuesday, August 19th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Palo Alto Networks in a research note on Saturday. Jefferies Financial Group set a $235.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, July 29th. Finally, Oppenheimer upped their price objective on shares of Palo Alto Networks from $225.00 to $245.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Thirty analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $217.22.

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.