Gerber Kawasaki Wealth & Investment Management Grows Stock Holdings in Palo Alto Networks, Inc. $PANW

Gerber Kawasaki Wealth & Investment Management raised its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) by 22.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,880 shares of the network technology company’s stock after buying an additional 3,888 shares during the period. Gerber Kawasaki Wealth & Investment Management’s holdings in Palo Alto Networks were worth $3,846,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of PANW. Darwin Wealth Management LLC purchased a new position in shares of Palo Alto Networks during the second quarter worth $25,000. Steph & Co. boosted its position in shares of Palo Alto Networks by 88.2% during the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after buying an additional 67 shares during the period. Knuff & Co LLC purchased a new position in shares of Palo Alto Networks during the fourth quarter worth $26,000. Sittner & Nelson LLC boosted its position in shares of Palo Alto Networks by 73.8% during the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after buying an additional 62 shares during the period. Finally, Luken Investment Analytics LLC boosted its position in shares of Palo Alto Networks by 196.2% during the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after buying an additional 102 shares during the period. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. Citigroup restated a “market outperform” rating on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. HSBC increased their price objective on Palo Alto Networks from $114.00 to $207.00 in a research note on Thursday, June 4th. BNP Paribas Exane increased their price objective on Palo Alto Networks from $220.00 to $330.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft increased their price objective on Palo Alto Networks from $220.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Finally, Argus increased their price objective on Palo Alto Networks from $222.00 to $320.00 in a research note on Friday, June 5th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $306.59.

Read Our Latest Research Report on Palo Alto Networks

Insider Buying and Selling

In other Palo Alto Networks news, Director John P. Key sold 7,500 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.24, for a total value of $2,094,300.00. Following the sale, the director directly owned 12,500 shares in the company, valued at $3,490,500. This trade represents a 37.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Lee Klarich sold 62,904 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the sale, the executive vice president owned 235,983 shares in the company, valued at approximately $61,037,002.95. This represents a 21.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 81,044 shares of company stock valued at $20,424,722 over the last 90 days. 1.40% of the stock is currently owned by corporate insiders.

Palo Alto Networks Stock Up 0.0%

Palo Alto Networks stock opened at $279.62 on Friday. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $302.95. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market cap of $227.89 billion, a PE ratio of 229.20, a P/E/G ratio of 10.38 and a beta of 0.94. The stock’s fifty day moving average is $216.44 and its two-hundred day moving average is $189.22.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same period last year, the firm earned $0.37 earnings per share. Palo Alto Networks’s quarterly revenue was up 31.1% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. On average, sell-side analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Palo Alto Networks Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Palo Alto Networks (NASDAQ:PANW)

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