Pure Financial Advisors LLC Has $356,000 Holdings in Palo Alto Networks, Inc. $PANW

Pure Financial Advisors LLC grew its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 29.0% during the second quarter, HoldingsChannel.com reports. The firm owned 1,741 shares of the network technology company’s stock after acquiring an additional 391 shares during the quarter. Pure Financial Advisors LLC’s holdings in Palo Alto Networks were worth $356,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Palo Alto Networks during the 1st quarter worth approximately $261,000. Strive Asset Management LLC boosted its position in shares of Palo Alto Networks by 16.6% during the 1st quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock worth $358,000 after acquiring an additional 299 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Palo Alto Networks by 10.8% during the 1st quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock worth $2,410,000 after acquiring an additional 1,374 shares in the last quarter. Czech National Bank boosted its position in shares of Palo Alto Networks by 6.4% during the 2nd quarter. Czech National Bank now owns 161,840 shares of the network technology company’s stock worth $33,119,000 after acquiring an additional 9,766 shares in the last quarter. Finally, Avity Investment Management Inc. boosted its position in shares of Palo Alto Networks by 37.9% during the 2nd quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company’s stock worth $37,181,000 after acquiring an additional 49,971 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

PANW stock opened at $207.19 on Friday. The company has a fifty day moving average price of $190.20 and a 200-day moving average price of $188.20. The company has a market capitalization of $138.59 billion, a P/E ratio of 129.09, a PEG ratio of 4.98 and a beta of 0.98. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $212.10.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter last year, the firm earned $0.75 earnings per share. Palo Alto Networks’s quarterly revenue was up 15.8% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. As a group, sell-side analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on PANW. Jefferies Financial Group set a $235.00 price target on shares of Palo Alto Networks in a research report on Tuesday, July 29th. Tigress Financial assumed coverage on shares of Palo Alto Networks in a research note on Friday, September 26th. They issued a “buy” rating and a $245.00 price objective for the company. UBS Group set a $245.00 price objective on shares of Palo Alto Networks in a research note on Friday, September 26th. Scotiabank increased their price objective on shares of Palo Alto Networks from $225.00 to $228.00 and gave the company a “sector outperform” rating in a research note on Tuesday, August 19th. Finally, Truist Financial set a $220.00 price objective on shares of Palo Alto Networks and gave the company a “buy” rating in a research note on Tuesday, August 19th. Thirty analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $214.64.

Insider Buying and Selling at Palo Alto Networks

In related news, CEO Nikesh Arora sold 846,408 shares of Palo Alto Networks stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the transaction, the chief executive officer owned 275,013 shares of the company’s stock, valued at $56,119,152.78. This trade represents a 75.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Josh D. Paul sold 700 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total transaction of $141,512.00. Following the completion of the sale, the chief accounting officer owned 32,474 shares of the company’s stock, valued at $6,564,943.84. The trade was a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,315,130 shares of company stock valued at $259,351,606 over the last three months. 2.50% of the stock is currently owned by corporate insiders.

Palo Alto Networks Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.