Emerald Investment Advisers LLC Purchases New Position in Palo Alto Networks, Inc. $PANW

Posted by George Bondi on Aug 22nd, 2026

Emerald Investment Advisers LLC acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 38,730 shares of the network technology company’s stock, valued at approximately $13,208,000. Palo Alto Networks makes up about 0.9% of Emerald Investment Advisers LLC’s portfolio, making the stock its 17th largest position.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of Palo Alto Networks in the 2nd quarter valued at about $25,833,462,000. Vanguard Group Inc. boosted its position in shares of Palo Alto Networks by 4.1% in the 4th quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock valued at $12,512,533,000 after purchasing an additional 2,659,100 shares during the period. State Street Corp grew its stake in Palo Alto Networks by 2.0% during the 4th quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock worth $5,587,100,000 after buying an additional 594,789 shares during the last quarter. Bank of America Corp DE grew its stake in Palo Alto Networks by 16.0% during the 1st quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company’s stock worth $3,603,473,000 after buying an additional 3,101,267 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in Palo Alto Networks by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock worth $2,934,935,000 after buying an additional 540,756 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling

In other Palo Alto Networks news, CAO Josh D. Paul sold 1,100 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $285.08, for a total value of $313,588.00. Following the transaction, the chief accounting officer directly owned 81,636 shares of the company’s stock, valued at approximately $23,272,790.88. The trade was a 1.33% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director John P. Key sold 7,500 shares of the company’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 transaction, the director owned 12,500 shares of the company’s stock, valued at approximately $3,490,500. The trade was a 37.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 37,935 shares of company stock worth $10,809,461 in the last ninety days. Insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Stifel Nicolaus set a $415.00 price objective on Palo Alto Networks and gave the company a “buy” rating in a report on Wednesday. Tigress Financial raised their target price on shares of Palo Alto Networks from $245.00 to $430.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Benchmark lifted their target price on shares of Palo Alto Networks from $270.00 to $340.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Weiss Ratings downgraded shares of Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $330.00 price target on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $362.67.

Get Our Latest Research Report on PANW

Palo Alto Networks Trading Up 2.4%

Shares of PANW stock opened at $358.04 on Friday. The business’s 50 day moving average is $337.38 and its two-hundred day moving average is $241.72. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $398.88. The company has a market capitalization of $291.80 billion, a P/E ratio of 293.48, a price-to-earnings-growth ratio of 11.74 and a beta of 0.91. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) 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 business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the previous year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was up 31.1% compared to the same quarter last year. 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. Equities analysts forecast that Palo Alto Networks, Inc. will post 2.02 EPS for the current 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.