Palo Alto Networks, Inc. $PANW Shares Acquired by Canopy Partners LLC

Canopy Partners LLC increased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 31.1% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 2,194 shares of the network technology company’s stock after purchasing an additional 520 shares during the period. Canopy Partners LLC’s holdings in Palo Alto Networks were worth $449,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PANW. Sivia Capital Partners LLC increased its position in Palo Alto Networks by 66.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock worth $713,000 after purchasing an additional 1,389 shares during the period. Intelligence Driven Advisers LLC acquired a new position in Palo Alto Networks during the 2nd quarter worth approximately $253,000. Dynamic Advisor Solutions LLC increased its position in Palo Alto Networks by 4.6% during the 2nd quarter. Dynamic Advisor Solutions LLC now owns 33,076 shares of the network technology company’s stock worth $6,769,000 after purchasing an additional 1,467 shares during the period. Gilman Hill Asset Management LLC acquired a new position in Palo Alto Networks during the 2nd quarter worth approximately $209,000. Finally, Lineweaver Wealth Advisors LLC acquired a new position in Palo Alto Networks during the 2nd quarter worth approximately $768,000. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Price Performance

Shares of PANW opened at $211.04 on Wednesday. The firm has a 50-day moving average of $190.70 and a 200-day moving average of $188.60. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $214.02. The company has a market cap of $141.16 billion, a PE ratio of 131.49, a price-to-earnings-growth ratio of 5.06 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate 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 was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $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. Analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the company’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 approximately $19,629,805.65. This represents a 4.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Nir Zuk sold 100,000 shares of the company’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the sale, the executive vice president directly owned 3,143,516 shares in the company, valued at approximately $543,199,564.80. This represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,315,130 shares of company stock worth $260,687,367 over the last 90 days. 2.50% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on PANW shares. Wedbush reiterated an “outperform” rating and set a $225.00 target price on shares of Palo Alto Networks in a report on Monday, September 15th. UBS Group set a $245.00 target price on Palo Alto Networks in a report on Friday, September 26th. Truist Financial set a $220.00 target price on Palo Alto Networks and gave the company a “buy” rating in a report on Tuesday, August 19th. Jefferies Financial Group set a $235.00 price target on Palo Alto Networks in a research note on Tuesday, July 29th. Finally, Guggenheim increased their price target on Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research note on Tuesday, August 19th. Twenty-eight analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $214.95.

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.