Fortune 45 LLC Buys 127 Shares of Palo Alto Networks, Inc. $PANW

Fortune 45 LLC grew its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.3% during the second quarter, Holdings Channel reports. The firm owned 2,526 shares of the network technology company’s stock after purchasing an additional 127 shares during the period. Palo Alto Networks makes up approximately 0.3% of Fortune 45 LLC’s portfolio, making the stock its 26th largest position. Fortune 45 LLC’s holdings in Palo Alto Networks were worth $517,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Whipplewood Advisors LLC lifted its holdings in shares of Palo Alto Networks by 6,400.0% in the second 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 in the last quarter. Briaud Financial Planning Inc bought a new position in shares of Palo Alto Networks in the second quarter valued at approximately $28,000. Dagco Inc. bought a new position in shares of Palo Alto Networks in the first quarter valued at approximately $33,000. Marshall & Sullivan Inc. WA bought a new stake in Palo Alto Networks during the second quarter worth $41,000. Finally, WPG Advisers LLC bought a new stake in Palo Alto Networks during the first quarter worth $37,000. Institutional investors own 79.82% of the company’s stock.

Analyst Ratings Changes

PANW has been the topic of a number of recent analyst reports. BTIG Research upgraded Palo Alto Networks from a “neutral” rating to a “buy” rating in a report on Monday, October 13th. Needham & Company LLC reiterated a “buy” rating and set a $230.00 price target on shares of Palo Alto Networks in a report on Wednesday, September 3rd. Mizuho lifted their price target on Palo Alto Networks from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Tigress Financial initiated coverage on Palo Alto Networks in a report on Friday, September 26th. They set a “buy” rating and a $245.00 price target on the stock. Finally, Scotiabank lifted their price target on Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a report on Tuesday, August 19th. Thirty investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $218.17.

Insiders Place Their Bets

In other news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks 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 transaction, the executive vice president directly owned 96,135 shares in the company, valued at approximately $19,629,805.65. The trade was a 4.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total value of $141,512.00. Following the completion of the transaction, the chief accounting officer owned 32,474 shares of the company’s stock, valued at approximately $6,564,943.84. This trade represents a 2.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,315,130 shares of company stock valued at $260,687,367. Company insiders own 2.50% of the company’s stock.

Palo Alto Networks Price Performance

NASDAQ:PANW opened at $217.16 on Thursday. The business has a fifty day simple moving average of $203.12 and a two-hundred day simple moving average of $193.64. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $223.61. The company has a market capitalization of $145.26 billion, a P/E ratio of 135.30, a P/E/G ratio of 5.26 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last released its 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 return on equity of 17.66% and a net margin of 12.30%.The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same period last year, the business posted $0.75 earnings per share. The business’s revenue for the quarter 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, analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share 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.