Bartlett & CO. Wealth Management LLC Raises Stock Position in Palo Alto Networks, Inc. $PANW

Bartlett & CO. Wealth Management LLC boosted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 4,878.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 178,286 shares of the network technology company’s stock after acquiring an additional 174,705 shares during the period. Bartlett & CO. Wealth Management LLC’s holdings in Palo Alto Networks were worth $36,303,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC increased its position in Palo Alto Networks by 147.7% during the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after buying an additional 4,031 shares in the last quarter. Bison Wealth LLC lifted its holdings in shares of Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after buying an additional 3,275 shares during the period. Capital Analysts LLC lifted its holdings in Palo Alto Networks by 5.9% in the first quarter. Capital Analysts LLC now owns 3,455 shares of the network technology company’s stock valued at $590,000 after acquiring an additional 191 shares during the period. Price T Rowe Associates Inc. MD boosted its holdings in Palo Alto Networks by 77.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company’s stock worth $662,000,000 after buying an additional 1,688,432 shares in the last quarter. Finally, Bragg Financial Advisors Inc grew its position in shares of Palo Alto Networks by 471.7% during the 1st quarter. Bragg Financial Advisors Inc now owns 8,233 shares of the network technology company’s stock valued at $1,405,000 after acquiring an additional 6,793 shares during the period. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Stock Performance

Shares of Palo Alto Networks stock opened at $186.88 on Friday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61. The business has a 50-day simple moving average of $201.95 and a 200-day simple moving average of $197.32. The company has a market cap of $130.26 billion, a PE ratio of 118.28, a P/E/G ratio of 4.40 and a beta of 0.79.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Thursday, November 20th. The network technology company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $2.46 billion. During the same quarter in the previous year, the firm posted $1.56 earnings per share. The company’s revenue was up 15.7% compared to the same quarter last year. On average, sell-side analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. This trade represents a 75.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $189.39, for a total value of $132,573.00. Following the sale, the chief accounting officer owned 46,805 shares of the company’s stock, valued at approximately $8,864,398.95. The trade was a 1.47% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,228,330 shares of company stock worth $251,702,305. 1.40% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on PANW shares. Wolfe Research boosted their price target on shares of Palo Alto Networks from $225.00 to $250.00 and gave the stock an “outperform” rating in a report on Monday, December 15th. Piper Sandler reaffirmed an “overweight” rating and issued a $230.00 target price (up from $225.00) on shares of Palo Alto Networks in a research note on Thursday, November 20th. Northland Securities raised their target price on Palo Alto Networks from $177.00 to $190.00 and gave the stock a “market perform” rating in a research note on Thursday, November 20th. Royal Bank Of Canada lifted their price target on shares of Palo Alto Networks from $232.00 to $250.00 and gave the company an “outperform” rating in a research report on Wednesday, November 12th. Finally, Robert W. Baird upped their price objective on shares of Palo Alto Networks from $230.00 to $240.00 and gave the stock an “outperform” rating in a report on Friday, November 14th. Thirty-one research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus price target of $226.20.

Palo Alto Networks News Summary

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

• Positive Sentiment: Major strategic deal — Palo Alto expanded its partnership with Google Cloud in a multibillion‑dollar agreement (reported as approaching $10B) that includes migrating key internal workloads and deepening cloud/AI security integration; this is being viewed as a material revenue and go‑to‑market catalyst. Google Cloud lands deal with Palo Alto Networks
• Positive Sentiment: Company release and partner messaging reinforce the Reuters report, highlighting expanded cloud + AI security offerings and joint go‑to‑market programs that could accelerate enterprise adoption. Palo Alto Networks and Google Cloud Forge Landmark Agreement
• Positive Sentiment: Analyst support increased — JPMorgan reinstated coverage with an Overweight rating and $235 PT, and other outlets noted a $250 price target lift, signaling renewed analyst conviction that could attract buyers. JPMorgan Reinstates Palo Alto Networks With Overweight Rating
• Positive Sentiment: Product momentum — Zacks highlights Cortex XSIAM landing larger deals and higher‑spend customers, implying a potential new growth engine that could lift ARR and margins over time. Can Cortex XSIAM Become Palo Alto Networks’ Next Major Growth Engine?
• Neutral Sentiment: Investor attention and monitoring — Zacks notes elevated user interest and recent earnings was modestly followed by a small stock move; this keeps PANW on watch lists but doesn’t by itself change fundamentals. Palo Alto Networks, Inc. is Attracting Investor Attention
• Neutral Sentiment: Short‑term earnings context — a Zacks note observed the stock is only slightly up since the last earnings release, suggesting the market is parsing guidance and execution details rather than reacting strongly yet. Palo Alto (PANW) Up 0.4% Since Last Earnings Report
• Negative Sentiment: Insider selling — recent reports show insiders sold roughly $5M in PANW stock, which some investors interpret as a cautionary signal about near‑term insider confidence. Insiders At Palo Alto Networks Sold US$5.0m In Stock

About Palo Alto Networks

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.