Manhattan West Asset Management LLC Makes New Investment in Palo Alto Networks, Inc. $PANW

Posted by Geri Gentry on Aug 22nd, 2026

Manhattan West Asset Management LLC acquired a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,775 shares of the network technology company’s stock, valued at approximately $605,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Laidlaw Wealth Management LLC acquired a new stake in shares of Palo Alto Networks in the 2nd quarter valued at approximately $1,292,000. C M Bidwell & Associates Ltd. bought a new position in Palo Alto Networks in the 2nd quarter valued at approximately $62,000. Keebeck Wealth Management bought a new position in Palo Alto Networks in the 2nd quarter valued at approximately $666,000. Keating Financial Advisory Services Inc. bought a new stake in Palo Alto Networks during the 2nd quarter worth $329,000. Finally, Green Alpha Advisors LLC acquired a new position in shares of Palo Alto Networks in the second quarter valued at approximately $1,414,000. Institutional investors own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on PANW shares. Scotiabank reaffirmed a “sector outperform” rating and issued a $320.00 price objective (up from $180.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Morgan Stanley set a $400.00 price target on shares of Palo Alto Networks in a report on Monday. DA Davidson upped their target price on Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Wells Fargo & Company restated an “overweight” rating and issued a $475.00 price target (up from $420.00) on shares of Palo Alto Networks in a report on Monday. Finally, Rosenblatt Securities upped their target price on Palo Alto Networks from $275.00 to $355.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $362.67.

Get Our Latest Research Report on Palo Alto Networks

Palo Alto Networks Stock Up 2.4%

Palo Alto Networks stock opened at $358.04 on Friday. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $398.88. 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 firm’s 50-day simple moving average is $337.38 and its 200 day simple moving average is $241.72. The stock has a market cap of $291.80 billion, a PE ratio of 293.48, a price-to-earnings-growth ratio of 11.74 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last posted its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The firm had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same quarter last year, the business posted $0.37 EPS. The company’s revenue for the quarter 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. Research analysts predict that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total value of $1,447,800.00. Following the transaction, the executive vice president owned 145,250 shares of the company’s stock, valued at approximately $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Josh D. Paul sold 900 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $345.00, for a total value of $310,500.00. Following the completion of the transaction, the chief accounting officer owned 79,644 shares of the company’s stock, valued at $27,477,180. This trade represents a 1.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 37,935 shares of company stock valued at $10,809,461 in the last ninety days. Insiders own 1.40% of the company’s stock.

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.