Proficio Capital Partners LLC Purchases Shares of 2,729 Palo Alto Networks, Inc. $PANW

Posted by Geri Gentry on Aug 27th, 2026

Proficio Capital Partners LLC acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 2,729 shares of the network technology company’s stock, valued at approximately $931,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of PANW. Pure Financial Advisors LLC raised its stake in Palo Alto Networks by 24.5% during the 2nd quarter. Pure Financial Advisors LLC now owns 5,265 shares of the network technology company’s stock valued at $1,796,000 after acquiring an additional 1,036 shares in the last quarter. Transamerica Financial Advisors LLC increased its stake in shares of Palo Alto Networks by 22.5% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 1,423 shares of the network technology company’s stock worth $485,000 after purchasing an additional 261 shares during the last quarter. Corient Private Wealth LP boosted its holdings in shares of Palo Alto Networks by 38.1% during the 2nd quarter. Corient Private Wealth LP now owns 1,111,104 shares of the network technology company’s stock worth $378,906,000 after buying an additional 306,826 shares during the period. Atreides Management LP raised its stake in Palo Alto Networks by 56.1% during the 2nd quarter. Atreides Management LP now owns 876,954 shares of the network technology company’s stock valued at $299,059,000 after purchasing an additional 315,157 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in Palo Alto Networks by 0.9% during the second quarter. Bank of America Corp DE now owns 22,681,876 shares of the network technology company’s stock worth $7,734,973,000 after buying an additional 205,123 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the transaction, the executive vice president directly owned 145,250 shares of the company’s stock, valued at $42,058,590. This trade represents a 3.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Helle Thorning-Schmidt sold 700 shares of the stock in a transaction on Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total value of $242,795.00. Following the sale, the director directly owned 5,898 shares in the company, valued at $2,045,721.30. This trade represents a 10.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders 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.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Capital One Financial set a $421.00 price objective on Palo Alto Networks and gave the stock an “overweight” rating in a research report on Thursday, July 16th. HSBC upped their price objective on Palo Alto Networks from $114.00 to $207.00 in a research note on Thursday, June 4th. Wolfe Research reissued an “outperform” rating and issued a $320.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Susquehanna restated a “positive” rating and set a $350.00 target price (up from $200.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Northland Securities boosted their target price on shares of Palo Alto Networks from $190.00 to $302.00 and gave the company a “market perform” rating in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $365.87.

Read Our Latest Research Report on Palo Alto Networks

Trending Headlines about Palo Alto Networks

Here are the key news stories impacting Palo Alto Networks this week:

Positive Sentiment: Analysts remain bullish: BTIG Research reaffirmed its “Buy” rating and set a $380 price target, implying roughly 12% upside from the referenced price. BTIG Reiterates Buy Rating on Palo Alto Networks
Positive Sentiment: JPMorgan raised its price target from $326 to $384 and maintained an “Overweight” rating, signaling improved confidence in PANW’s earnings and growth outlook. JPMorgan Raises Palo Alto Networks Price Target
Positive Sentiment: Wall Street’s overall analyst view remains favorable, and Benchmark also expects the stock to rise. Strong firewall bookings, software growth and AI-related traffic are cited as potential drivers of longer-term network-security demand. Wall Street Analysts See Palo Alto as a Buy Can Rising Network Security Demand Boost PANW’s Long-Term Growth?
Neutral Sentiment: PANW was scheduled to report earnings, giving investors a near-term catalyst. Its latest reported quarter exceeded consensus revenue and EPS estimates, but the stock’s high valuation leaves results and guidance important for sustaining momentum. Palo Alto Networks Expected to Post Earnings
Neutral Sentiment: The reported short-interest data shows zero shares short, so it provides no meaningful evidence of short-seller pressure or potential short-covering support.
Negative Sentiment: Palo Alto Networks recently fell even as the broader market gained, indicating near-term profit-taking, valuation concerns or company-specific selling. The decline followed a session in which PANW lost more than 3%. Palo Alto Networks Stock Sinks as Market Gains

Palo Alto Networks Stock Performance

Shares of PANW opened at $339.31 on Thursday. 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 stock has a 50 day moving average price of $341.05 and a two-hundred day moving average price of $246.01. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $398.88. The firm has a market capitalization of $276.54 billion, a P/E ratio of 278.12, a P/E/G ratio of 11.39 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The firm had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business’s revenue was up 31.1% compared to the same quarter last year. During the same period last year, the firm posted $0.37 EPS. 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 analysts forecast that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current fiscal year.

Palo Alto Networks 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.