5,523 Shares in Palo Alto Networks, Inc. $PANW Acquired by McDonough Capital Management Inc

McDonough Capital Management Inc purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,523 shares of the network technology company’s stock, valued at approximately $1,883,000. Palo Alto Networks makes up about 0.9% of McDonough Capital Management Inc’s holdings, making the stock its 21st biggest position.

Other large investors have also recently bought and sold shares of the company. Cetera Trust Company N.A acquired a new position in Palo Alto Networks during the second quarter worth $119,000. Aberdeen Wealth Management LLC acquired a new stake in shares of Palo Alto Networks in the 2nd quarter valued at $234,000. Visionary Wealth Advisors acquired a new stake in shares of Palo Alto Networks in the 2nd quarter valued at $941,000. Whalen Wealth Management Inc. bought a new stake in shares of Palo Alto Networks in the 2nd quarter worth about $1,609,000. Finally, D.B. Root & Company LLC bought a new stake in shares of Palo Alto Networks in the 2nd quarter worth about $205,000. 79.82% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Cantor Fitzgerald lifted their price target on shares of Palo Alto Networks from $340.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, August 19th. Piper Sandler reaffirmed an “overweight” rating and set a $345.00 price objective (up from $265.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $475.00 price objective (up from $420.00) on shares of Palo Alto Networks in a report on Monday, August 17th. BMO Capital Markets reiterated an “outperform” rating and issued a $415.00 target price (up from $335.00) on shares of Palo Alto Networks in a research note on Thursday. Finally, Citigroup reissued a “market outperform” rating on shares of Palo Alto Networks in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Palo Alto Networks presently has an average rating of “Moderate Buy” and a consensus target price of $364.00.

Get Our Latest Report on Palo Alto Networks

Insiders Place Their Bets

In related news, CAO Josh D. Paul sold 900 shares of the business’s stock in a transaction that occurred 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 in the company, valued at $27,477,180. The trade was a 1.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James J. Goetz sold 20,000 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the transaction, the director directly owned 20,000 shares in the company, valued at approximately $5,598,000. This represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 37,935 shares of company stock valued at $10,809,461 over the last quarter. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Down 1.9%

Shares of NASDAQ PANW opened at $350.90 on Tuesday. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $398.88. The firm’s 50-day simple moving average is $338.70 and its 200 day simple moving average is $243.49. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a market cap of $285.98 billion, a price-to-earnings ratio of 287.62, a price-to-earnings-growth ratio of 12.00 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last posted its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share 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 analysts’ expectations of $2.94 billion. During the same quarter last year, the company posted $0.37 EPS. The company’s quarterly revenue 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. On average, research analysts expect that Palo Alto Networks, Inc. will post 2.02 earnings per share 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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