CreativeOne Wealth LLC Has $5.60 Million Position in Palo Alto Networks, Inc. $PANW

CreativeOne Wealth LLC lifted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 9.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,348 shares of the network technology company’s stock after purchasing an additional 2,378 shares during the quarter. CreativeOne Wealth LLC’s holdings in Palo Alto Networks were worth $5,596,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Whipplewood Advisors LLC grew its stake in shares of 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 during the last quarter. Briaud Financial Planning Inc acquired a new stake in shares of Palo Alto Networks during the 2nd quarter valued at $28,000. MTM Investment Management LLC acquired a new stake in shares of Palo Alto Networks during the 2nd quarter valued at $31,000. Dagco Inc. bought a new stake in Palo Alto Networks during the 1st quarter worth $33,000. Finally, Marshall & Sullivan Inc. WA acquired a new position in Palo Alto Networks in the 2nd quarter worth about $41,000. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Up 0.5%

NASDAQ:PANW opened at $183.89 on Tuesday. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $223.61. The company has a fifty day moving average of $208.42 and a 200-day moving average of $197.40. The firm has a market capitalization of $128.17 billion, a P/E ratio of 116.39, a P/E/G ratio of 4.29 and a beta of 0.95.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Wednesday, November 19th. The network technology company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. Palo Alto Networks had a net margin of 11.69% and a return on equity of 17.05%. The business had revenue of $2.47 billion during the quarter, compared to analysts’ expectations of $2.46 billion. During the same period last year, the company posted $1.56 earnings per share. The business’s quarterly revenue was up 15.7% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.800-3.900 EPS. Q2 2026 guidance at 0.930-0.950 EPS. On average, analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. UBS Group restated a “neutral” rating and set a $220.00 price target (down from $230.00) on shares of Palo Alto Networks in a report on Thursday. New Street Research upped their price target on shares of Palo Alto Networks from $235.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, September 12th. JMP Securities lifted their price target on shares of Palo Alto Networks from $212.00 to $250.00 and gave the stock a “market outperform” rating in a report on Monday, October 27th. Robert W. Baird raised their target price on Palo Alto Networks from $230.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, November 14th. Finally, Truist Financial set a $220.00 target price on shares of Palo Alto Networks and gave the company a “buy” rating in a research report on Tuesday, August 19th. Thirty equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Palo Alto Networks currently has an average rating of “Moderate Buy” and a consensus target price of $225.09.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction on 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 directly owned 47,505 shares of the company’s stock, valued at $10,449,674.85. The trade was a 1.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the transaction, the executive vice president owned 96,135 shares in the company, valued at approximately $19,629,805.65. This trade represents a 4.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,215,130 shares of company stock valued at $249,031,488 over the last three months. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Company 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.