Iowa State Bank Has $4.51 Million Stock Holdings in Palo Alto Networks, Inc. $PANW

Iowa State Bank raised its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 0.3% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 22,025 shares of the network technology company’s stock after purchasing an additional 71 shares during the quarter. Iowa State Bank’s holdings in Palo Alto Networks were worth $4,507,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in PANW. HWG Holdings LP acquired a new position in shares of Palo Alto Networks during the 1st quarter worth about $31,000. Dagco Inc. acquired a new stake in shares of Palo Alto Networks in the 1st quarter valued at approximately $33,000. Marshall & Sullivan Inc. WA bought a new position in Palo Alto Networks during the 2nd quarter worth approximately $41,000. WPG Advisers LLC bought a new position in Palo Alto Networks during the 1st quarter worth approximately $37,000. Finally, Strategic Investment Solutions Inc. IL grew its holdings in Palo Alto Networks by 58.9% during the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after purchasing an additional 83 shares during the period. 79.82% of the stock is currently owned by institutional investors.

Insider Transactions at Palo Alto Networks

In related news, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total value of $172,718,016.48. Following the sale, the chief executive officer owned 275,013 shares in the company, valued at approximately $56,119,152.78. This represents a 75.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total value of $1,020,950.00. Following the sale, the executive vice president directly owned 96,135 shares of the company’s stock, valued at $19,629,805.65. This represents a 4.94% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,194,356 shares of company stock valued at $235,092,941. Company insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PANW. Bank of America upgraded shares of Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 target price on the stock in a report on Tuesday, August 19th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $223.00 price objective on shares of Palo Alto Networks in a research note on Friday, August 15th. UBS Group set a $245.00 target price on Palo Alto Networks in a report on Friday, September 26th. Tigress Financial initiated coverage on Palo Alto Networks in a report on Friday, September 26th. They issued a “buy” rating and a $245.00 price target for the company. Finally, Sanford C. Bernstein set a $207.00 price target on Palo Alto Networks and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Thirty research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average price target of $214.64.

Palo Alto Networks Price Performance

Shares of PANW stock opened at $207.19 on Monday. The company has a fifty day moving average price of $190.20 and a two-hundred day moving average price of $188.24. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $212.10. The stock has a market cap of $138.59 billion, a P/E ratio of 129.09, a P/E/G ratio of 4.93 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. Palo Alto Networks’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.75 EPS. 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, equities research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

About Palo Alto Networks

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.