Future Fund LLC Acquires 2,015 Shares of Palo Alto Networks, Inc. $PANW

Future Fund LLC boosted its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) by 15.7% during the 1st quarter, Holdings Channel reports. The fund owned 14,835 shares of the network technology company’s stock after buying an additional 2,015 shares during the period. Future Fund LLC’s holdings in Palo Alto Networks were worth $2,378,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Darwin Wealth Management LLC bought a new position in shares of Palo Alto Networks during the second quarter valued at approximately $25,000. Steph & Co. raised its stake in Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after buying an additional 67 shares in the last quarter. Knuff & Co LLC bought a new position in Palo Alto Networks in the fourth quarter worth approximately $26,000. Sittner & Nelson LLC lifted its holdings in Palo Alto Networks by 73.8% during the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after buying an additional 62 shares during the period. Finally, Luken Investment Analytics LLC boosted its position in Palo Alto Networks by 196.2% during the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after acquiring an additional 102 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on PANW. Susquehanna reiterated a “positive” rating and issued a $350.00 price target (up from $200.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Wedbush raised their price objective on Palo Alto Networks from $300.00 to $340.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. BTIG Research raised their price objective on Palo Alto Networks from $333.00 to $380.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Citigroup reiterated a “buy” rating and issued a $400.00 target price (up from $340.00) on shares of Palo Alto Networks in a research note on Monday. Finally, Truist Financial raised their price target on shares of Palo Alto Networks from $275.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $327.74.

Read Our Latest Stock Report on PANW

Insider Buying and Selling at Palo Alto Networks

In other news, Director Helle Thorning-Schmidt sold 700 shares of the business’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $346.85, for a total transaction of $242,795.00. Following the sale, the director owned 5,898 shares in the company, valued at approximately $2,045,721.30. The trade was a 10.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James J. Goetz sold 20,000 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the transaction, the director owned 20,000 shares in the company, valued at approximately $5,598,000. This trade represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 101,239 shares of company stock valued at $27,174,360. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Up 1.3%

Palo Alto Networks stock opened at $358.68 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market capitalization of $292.32 billion, a price-to-earnings ratio of 294.00, a PEG ratio of 13.14 and a beta of 0.91. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $368.80. The business has a fifty day moving average price of $290.04 and a 200-day moving average price of $212.30.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping the consensus estimate 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 firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the previous year, the business earned $0.37 EPS. The firm’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. Equities research analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal 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.

See Also

Want to see what other hedge funds are holding PANW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palo Alto Networks, Inc. (NASDAQ:PANWFree Report).

Institutional Ownership by Quarter for Palo Alto Networks (NASDAQ:PANW)

Receive News & Ratings for Palo Alto Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palo Alto Networks and related companies with MarketBeat.com's FREE daily email newsletter.