Motley Fool Asset Management LLC boosted its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 34.6% in the 4th quarter, Holdings Channel reports. The firm owned 71,543 shares of the network technology company’s stock after buying an additional 18,391 shares during the period. Motley Fool Asset Management LLC’s holdings in Palo Alto Networks were worth $13,178,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Portfolio Design Labs LLC lifted its stake in Palo Alto Networks by 1.4% during the fourth quarter. Portfolio Design Labs LLC now owns 8,516 shares of the network technology company’s stock worth $1,569,000 after purchasing an additional 116 shares during the last quarter. Strategic Advocates LLC lifted its stake in shares of Palo Alto Networks by 9.0% in the 4th quarter. Strategic Advocates LLC now owns 15,325 shares of the network technology company’s stock valued at $2,863,000 after acquiring an additional 1,270 shares during the last quarter. North Dallas Bank & Trust Co. bought a new position in shares of Palo Alto Networks in the 4th quarter valued at $1,298,000. Alteri Wealth LLC lifted its stake in shares of Palo Alto Networks by 30.7% in the 4th quarter. Alteri Wealth LLC now owns 4,591 shares of the network technology company’s stock valued at $846,000 after acquiring an additional 1,078 shares during the last quarter. Finally, Fox Run Management L.L.C. bought a new position in shares of Palo Alto Networks in the 4th quarter valued at $323,000. 79.82% of the stock is currently owned by institutional investors.
Palo Alto Networks Stock Down 2.2%
Shares of NASDAQ:PANW opened at $260.52 on Wednesday. The firm has a market cap of $212.32 billion, a P/E ratio of 213.54, a P/E/G ratio of 9.45 and a beta of 0.94. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $302.95. The business has a fifty day simple moving average of $209.50 and a 200 day simple moving average of $187.35.
Key Palo Alto Networks News
Here are the key news stories impacting Palo Alto Networks this week:
- Positive Sentiment: Palo Alto Networks recently hit a $10 billion annual revenue run rate, reinforcing that the company has grown far beyond its legacy firewall roots and continues to scale as a cybersecurity platform. Palo Alto Networks Hits $10B Revenue Run Rate Beats S&P 500 Across All Timeframes
- Positive Sentiment: Cybersecurity remains a favored theme as AI adoption grows, with industry commentary suggesting autonomous AI agents will need security protection, which could expand the long-term market for PANW’s products. Zscaler CEO: AI Will Create ‘Billions of Agents’ That Need Cybersecurity Protection
- Neutral Sentiment: Northland Securities reiterated a Market Perform view and maintained a $302 price target, while modeling earnings of $0.45 per share for Q1 2027 and $0.48 for Q2 2027, suggesting steady expectations but no major near-term catalyst from the research note. Palo Alto Networks, Inc. market data
- Neutral Sentiment: Short interest data showed no meaningful change, so it does not appear to be a driver of the stock’s move today.
- Negative Sentiment: Recent post-earnings trading has been pressured by concerns that rising costs are weighing on margins, which is likely a key reason investors have been trimming the stock. PANW Stock Declines 9% Post Q3 Results: Should You Buy, Sell or Hold?
Insider Buying and Selling at Palo Alto Networks
In related news, EVP Lee Klarich sold 62,904 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the transaction, the executive vice president directly owned 235,983 shares of the company’s stock, valued at $61,037,002.95. This trade represents a 21.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Nikesh Arora bought 68,085 shares of the stock in a transaction that occurred on Friday, March 27th. The shares were bought at an average cost of $146.87 per share, with a total value of $9,999,643.95. Following the completion of the transaction, the chief executive officer owned 343,394 shares in the company, valued at $50,434,276.78. The trade was a 24.73% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold 72,076 shares of company stock worth $17,930,587 over the last 90 days. Company insiders own 1.40% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. Truist Financial increased their price target on Palo Alto Networks from $275.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Barclays reiterated an “overweight” rating and issued a $315.00 price target (up from $220.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. The Goldman Sachs Group reiterated a “buy” rating and issued a $330.00 price target on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. TD Cowen reiterated a “buy” rating and issued a $330.00 price target (up from $255.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Jefferies Financial Group set a $335.00 price target on Palo Alto Networks and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $306.59.
Get Our Latest Analysis on Palo Alto Networks
Palo Alto Networks Profile
Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.
The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.
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