Guyasuta Investment Advisors Inc. Has $12.12 Million Stock Position in Palo Alto Networks, Inc. $PANW

Guyasuta Investment Advisors Inc. lifted its stake in Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) by 1,862.1% during the 1st quarter, Holdings Channel reports. The firm owned 75,618 shares of the network technology company’s stock after acquiring an additional 71,764 shares during the period. Guyasuta Investment Advisors Inc.’s holdings in Palo Alto Networks were worth $12,123,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in PANW. Bar Harbor Wealth Management increased its holdings in Palo Alto Networks by 7.9% in the first quarter. Bar Harbor Wealth Management now owns 18,955 shares of the network technology company’s stock valued at $3,039,000 after purchasing an additional 1,387 shares during the last quarter. Krilogy Financial LLC lifted its stake in Palo Alto Networks by 150.4% in the first quarter. Krilogy Financial LLC now owns 17,104 shares of the network technology company’s stock valued at $2,856,000 after buying an additional 10,273 shares during the period. Wealth Management Partners LLC boosted its holdings in Palo Alto Networks by 2.7% during the first quarter. Wealth Management Partners LLC now owns 9,964 shares of the network technology company’s stock worth $1,597,000 after buying an additional 258 shares during the last quarter. Buffalo Business & Estate Services Ltd. boosted its holdings in Palo Alto Networks by 23.7% during the first quarter. Buffalo Business & Estate Services Ltd. now owns 50,032 shares of the network technology company’s stock worth $8,021,000 after buying an additional 9,578 shares during the last quarter. Finally, Total Clarity Wealth Management Inc. bought a new position in Palo Alto Networks during the first quarter worth about $507,000. 79.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 price target on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Palo Alto Networks from $220.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Evercore restated an “outperform” rating and set a $375.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. DA Davidson upped their target price on shares of Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Finally, BTIG Research increased their target price on shares of Palo Alto Networks from $268.00 to $333.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $306.59.

Check Out Our Latest Report on PANW

Insider Activity at Palo Alto Networks

In other news, Director James J. Goetz sold 20,000 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the sale, the director owned 20,000 shares of the company’s stock, valued at $5,598,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction of $2,094,300.00. Following the sale, the director owned 12,500 shares in the company, valued at approximately $3,490,500. The trade was a 37.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 101,389 shares of company stock valued at $26,122,830 over the last three months. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Price Performance

Shares of PANW opened at $290.92 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a 50 day simple moving average of $233.33 and a 200 day simple moving average of $194.05. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $302.95. The firm has a market capitalization of $237.10 billion, a PE ratio of 238.46, a P/E/G ratio of 10.63 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.Palo Alto Networks’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.37 EPS. 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. Sell-side analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

About Palo Alto Networks

(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.

See Also

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

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