Oak Harvest Investment Services Invests $2.60 Million in Palo Alto Networks, Inc. $PANW

Oak Harvest Investment Services acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 12,690 shares of the network technology company’s stock, valued at approximately $2,597,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Palo Alto Networks in the first quarter valued at approximately $261,000. Strive Asset Management LLC grew its position in Palo Alto Networks by 16.6% in the 1st quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock worth $358,000 after purchasing an additional 299 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its position in shares of Palo Alto Networks by 25.3% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 205,053 shares of the network technology company’s stock valued at $41,957,000 after buying an additional 41,392 shares during the last quarter. Whipplewood Advisors LLC grew its position in Palo Alto Networks by 6,400.0% during the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after buying an additional 128 shares in the last quarter. Finally, Arkadios Wealth Advisors increased its stake in Palo Alto Networks by 9.2% during the second quarter. Arkadios Wealth Advisors now owns 39,893 shares of the network technology company’s stock valued at $8,164,000 after acquiring an additional 3,351 shares during the period. Institutional investors own 79.82% of the company’s stock.

Insider Transactions at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated 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 sale, the executive vice president directly owned 96,135 shares in the company, valued at $19,629,805.65. This trade represents 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 the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $219.97, for a total transaction of $153,979.00. Following the transaction, the chief accounting officer owned 47,505 shares in the company, valued at approximately $10,449,674.85. The trade was a 1.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,215,830 shares of company stock valued at $249,160,428 in the last three months. Company insiders own 2.50% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on PANW. KeyCorp cut Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Cantor Fitzgerald restated an “overweight” rating and set a $223.00 price target on shares of Palo Alto Networks in a research note on Friday, August 15th. Scotiabank raised their target price on Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, August 19th. Tigress Financial started coverage on Palo Alto Networks in a report on Friday, September 26th. They set a “buy” rating and a $245.00 price objective for the company. Finally, Evercore ISI lifted their price target on shares of Palo Alto Networks from $220.00 to $250.00 and gave the company an “outperform” rating in a report on Thursday. Twenty-nine investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $220.95.

Palo Alto Networks Price Performance

PANW stock opened at $204.77 on Friday. The company has a 50 day moving average price of $208.86 and a 200 day moving average price of $196.90. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $223.61. The stock has a market capitalization of $140.06 billion, a PE ratio of 127.58, a price-to-earnings-growth ratio of 4.99 and a beta of 0.95.

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

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.