Liberty Wealth Management LLC acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 1,145 shares of the network technology company’s stock, valued at approximately $234,000.
Several other large investors also recently made changes to their positions in the stock. Whipplewood Advisors LLC lifted its stake in 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 valued at $27,000 after purchasing an additional 128 shares during the last quarter. Briaud Financial Planning Inc acquired a new stake in Palo Alto Networks in the 2nd quarter valued at about $28,000. Dagco Inc. acquired a new stake in shares of Palo Alto Networks in the first quarter valued at approximately $33,000. Marshall & Sullivan Inc. WA acquired a new stake in shares of Palo Alto Networks in the second quarter valued at approximately $41,000. Finally, WPG Advisers LLC acquired a new stake in shares of Palo Alto Networks in the first quarter valued at approximately $37,000. Institutional investors and hedge funds own 79.82% of the company’s stock.
Insider Activity
In related news, EVP Nir Zuk sold 100,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the executive vice president owned 3,143,516 shares of the company’s stock, valued at $543,199,564.80. This represents a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. This trade represents a 75.48% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Report on Palo Alto Networks
Palo Alto Networks Stock Up 1.5%
NASDAQ PANW opened at $220.29 on Tuesday. The company has a market capitalization of $147.35 billion, a P/E ratio of 137.25, a P/E/G ratio of 5.16 and a beta of 0.98. The firm has a 50-day moving average price of $201.67 and a two-hundred day moving average price of $192.92. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $221.09.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last issued its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the previous year, the company 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 analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.
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.
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