MML Investors Services LLC Increases Holdings in Palo Alto Networks, Inc. $PANW

MML Investors Services LLC lifted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 9.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 252,895 shares of the network technology company’s stock after buying an additional 20,896 shares during the period. MML Investors Services LLC’s holdings in Palo Alto Networks were worth $46,583,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of PANW. Brighton Jones LLC raised its holdings in shares of 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 raised its holdings in shares of Palo Alto Networks by 169.1% during 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 in the last quarter. Sivia Capital Partners LLC raised its holdings in shares of 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 valued at $713,000 after buying an additional 1,389 shares in the last quarter. Osterweis Capital Management Inc. raised its holdings in shares of Palo Alto Networks by 11,100.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock valued at $115,000 after buying an additional 555 shares in the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in shares of Palo Alto Networks by 6.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company’s stock valued at $900,000 after buying an additional 249 shares in the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on PANW shares. BNP Paribas Exane raised their price objective on Palo Alto Networks from $220.00 to $330.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. Berenberg Bank raised their price target on Palo Alto Networks from $290.00 to $360.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. FBN Securities restated an “outperform” rating and set a $330.00 price target on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Citigroup restated a “market outperform” rating on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Oppenheimer raised their price target on Palo Alto Networks from $275.00 to $350.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $306.59.

Insider Transactions at Palo Alto Networks

In other news, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total value of $16,270,119.60. Following the sale, the executive vice president directly owned 235,983 shares in the company, valued at approximately $61,037,002.95. This trade represents a 21.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John P. Key sold 7,500 shares of Palo Alto Networks stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.24, for a total value of $2,094,300.00. Following the completion of the sale, the director owned 12,500 shares in the company, valued at approximately $3,490,500. This represents a 37.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 81,044 shares of company stock worth $20,424,722. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Price Performance

PANW opened at $284.54 on Tuesday. The stock’s 50 day simple moving average is $218.86 and its 200 day simple moving average is $189.95. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $302.95. The firm has a market cap of $231.90 billion, a price-to-earnings ratio of 233.23, a PEG ratio of 10.38 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion for 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%.Palo Alto Networks’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same period last year, the company earned $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. As a group, analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

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.