Palo Alto Networks, Inc. $PANW Holdings Raised by Prospera Financial Services Inc

Prospera Financial Services Inc lifted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 35.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,516 shares of the network technology company’s stock after acquiring an additional 12,590 shares during the period. Prospera Financial Services Inc’s holdings in Palo Alto Networks were worth $9,928,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC boosted 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 valued at $27,000 after buying an additional 128 shares during the period. Briaud Financial Planning Inc acquired a new stake in Palo Alto Networks during the second quarter worth about $28,000. Dagco Inc. bought a new position in Palo Alto Networks in the first quarter worth about $33,000. WPG Advisers LLC bought a new position in Palo Alto Networks in the first quarter worth about $37,000. Finally, Strategic Investment Solutions Inc. IL boosted its stake in Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after acquiring an additional 83 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Trading Up 0.4%

NASDAQ:PANW opened at $212.29 on Friday. The company has a 50-day moving average of $207.16 and a 200-day moving average of $195.99. The firm has a market cap of $142.00 billion, a price-to-earnings ratio of 132.27, a price-to-earnings-growth ratio of 5.05 and a beta of 0.95. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Monday, August 18th. The network technology company reported $0.95 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 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 business’s quarterly revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the business earned $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, research analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Dipak Golechha sold 5,000 shares of the 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 owned 96,135 shares in the company, valued at $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 can be accessed through the SEC website. Also, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $219.97, for a total value of $153,979.00. Following the completion of the transaction, the chief accounting officer directly owned 47,505 shares in the company, valued at $10,449,674.85. This represents a 1.45% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,215,830 shares of company stock valued at $249,160,428. 2.50% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

PANW has been the topic of a number of research reports. KeyCorp cut Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Needham & Company LLC restated a “buy” rating and set a $230.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, September 3rd. DA Davidson reiterated a “buy” rating and issued a $215.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Truist Financial set a $220.00 price target on shares of Palo Alto Networks and gave the company a “buy” rating in a report on Tuesday, August 19th. Finally, New Street Research upped their price target on shares of Palo Alto Networks from $235.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Thirty analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $218.17.

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.