Axxcess Wealth Management LLC Increases Stock Position in Palo Alto Networks, Inc. $PANW

Axxcess Wealth Management LLC increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 87.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,794 shares of the network technology company’s stock after purchasing an additional 6,424 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Palo Alto Networks were worth $2,809,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Maridea Wealth Management LLC bought a new position in shares of Palo Alto Networks in the third quarter valued at approximately $778,000. May Hill Capital LLC purchased a new position in Palo Alto Networks during the 3rd quarter valued at about $210,000. Ingalls & Snyder LLC increased its holdings in Palo Alto Networks by 29.1% during the 3rd quarter. Ingalls & Snyder LLC now owns 29,129 shares of the network technology company’s stock worth $5,931,000 after acquiring an additional 6,564 shares during the period. Northeast Investment Management increased its holdings in shares of Palo Alto Networks by 6.7% in the third quarter. Northeast Investment Management now owns 140,227 shares of the network technology company’s stock worth $28,553,000 after purchasing an additional 8,786 shares during the period. Finally, Cornerstone Advisory LLC lifted its position in Palo Alto Networks by 36.5% during the third quarter. Cornerstone Advisory LLC now owns 9,655 shares of the network technology company’s stock valued at $1,966,000 after purchasing an additional 2,584 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Key Headlines Impacting Palo Alto Networks

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

• Positive Sentiment: Q2 results beat expectations—revenue grew ~15% and ARR/RPO metrics point to ongoing subscription momentum; revenue guidance was raised, supporting longer‑term growth thesis. Read More.
• Positive Sentiment: MarketBeat and other commentary frame the pullback as a “buy‑the‑dip” opportunity given a strong balance sheet, high institutional ownership and the company’s platform positioning in cybersecurity. Read More.
• Neutral Sentiment: Palo Alto announced an offer to purchase CyberArk convertible notes as part of closing the CyberArk acquisition—a financing/cleanup step that facilitates the deal but also highlights the scale of transaction activity. Read More.
• Positive Sentiment: Palo Alto is buying Koi to bolster AI/agentic endpoint security—adds product capabilities that could drive medium‑term ARR expansion. Read More.
• Negative Sentiment: Analysts cut price targets and flagged margin pressure from deal/integration costs—HSBC sharply cut its PT to $114, and multiple firms trimmed targets, fueling downward pressure on the stock. Read More.
• Negative Sentiment: Company trimmed FY profit outlook citing higher integration and deal costs (CyberArk and other acquisitions); coverage highlights this as the main reason for the sell‑off. Read More. and Read More.
• Negative Sentiment: Unusual options activity—traders bought ~174,264 put options (≈399% above average put volume), suggesting elevated hedging or bearish positioning into the post‑earnings period.
• Negative Sentiment: Short‑term price action shows sizable intraday declines and commentary that the strong earnings were “priced in,” amplifying selling after guidance/profit warnings. Read More.

Palo Alto Networks Stock Performance

PANW opened at $150.99 on Friday. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $223.61. The company has a fifty day moving average of $179.46 and a 200 day moving average of $191.65. The stock has a market capitalization of $105.24 billion, a price-to-earnings ratio of 83.42, a PEG ratio of 3.64 and a beta of 0.75.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, February 17th. The network technology company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The firm had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.58 billion. During the same period in the prior year, the company earned $0.81 EPS. The company’s quarterly revenue was up 14.9% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. On average, equities research analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $188.18, for a total transaction of $940,900.00. Following the completion of the sale, the executive vice president directly owned 155,119 shares in the company, valued at approximately $29,190,293.42. This trade represents a 3.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Josh D. Paul sold 800 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $184.81, for a total transaction of $147,848.00. Following the sale, the chief accounting officer directly owned 46,005 shares of the company’s stock, valued at $8,502,184.05. This represents a 1.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 260,542 shares of company stock valued at $49,910,995. Corporate insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. TD Cowen reissued a “buy” rating on shares of Palo Alto Networks in a report on Wednesday. Cantor Fitzgerald reiterated an “overweight” rating on shares of Palo Alto Networks in a report on Wednesday. The Goldman Sachs Group reduced their price target on Palo Alto Networks from $240.00 to $224.00 and set a “buy” rating on the stock in a research note on Wednesday. Northland Securities lifted their target price on shares of Palo Alto Networks from $177.00 to $190.00 and gave the company a “market perform” rating in a report on Thursday, November 20th. Finally, Guggenheim reissued a “neutral” rating on shares of Palo Alto Networks in a research report on Wednesday. Thirty-three research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $212.51.

Palo Alto Networks Profile

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.