Palo Alto Networks, Inc. $PANW Stock Holdings Boosted by AlphaCore Capital LLC

AlphaCore Capital LLC boosted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 198.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,763 shares of the network technology company’s stock after acquiring an additional 2,503 shares during the quarter. AlphaCore Capital LLC’s holdings in Palo Alto Networks were worth $770,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Whipplewood Advisors LLC grew its position in Palo Alto Networks by 6,400.0% in the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after buying an additional 128 shares during the last quarter. Briaud Financial Planning Inc bought a new stake in shares of Palo Alto Networks during the 2nd quarter worth $28,000. MTM Investment Management LLC acquired a new position in shares of Palo Alto Networks in the 2nd quarter worth $31,000. Dagco Inc. purchased a new stake in shares of Palo Alto Networks during the first quarter valued at $33,000. Finally, Marshall & Sullivan Inc. WA acquired a new position in shares of Palo Alto Networks in the 2nd quarter valued at $41,000. 79.82% of the stock is owned by institutional investors and hedge funds.

Palo Alto Networks Trading Down 1.2%

Shares of Palo Alto Networks stock opened at $182.90 on Monday. The firm has a fifty day simple moving average of $208.77 and a 200-day simple moving average of $197.44. The stock has a market capitalization of $127.48 billion, a price-to-earnings ratio of 115.76, a PEG ratio of 4.29 and a beta of 0.95. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Wednesday, November 19th. The network technology company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.89 by $0.04. Palo Alto Networks had a net margin of 11.69% and a return on equity of 17.05%. The firm had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same quarter last year, the firm posted $1.56 EPS. The business’s quarterly revenue was up 15.7% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.800-3.900 EPS. Q2 2026 guidance at 0.930-0.950 EPS. As a group, research analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insiders Place Their Bets

In other news, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were 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 trade represents a 75.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of the firm’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $217.94, for a total transaction of $26,321,485.56. Following the completion of the sale, the executive vice president owned 356,409 shares in the company, valued at $77,675,777.46. This represents a 25.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,215,130 shares of company stock valued at $249,031,488 over the last ninety days. 1.40% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. DA Davidson boosted their price target on shares of Palo Alto Networks from $215.00 to $240.00 and gave the company a “buy” rating in a report on Monday, November 17th. Weiss Ratings reissued a “hold (c)” rating on shares of Palo Alto Networks in a research note on Thursday, November 13th. Northland Securities increased their target price on Palo Alto Networks from $177.00 to $190.00 and gave the company a “market perform” rating in a report on Thursday. Sanford C. Bernstein lifted their price target on Palo Alto Networks from $207.00 to $210.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Royal Bank Of Canada upped their price target on Palo Alto Networks from $232.00 to $250.00 and gave the company an “outperform” rating in a research report on Wednesday, November 12th. Thirty investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $225.09.

Palo Alto Networks Company 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.