3,563 Shares in Palo Alto Networks, Inc. $PANW Purchased by Focused Wealth Management Inc

Focused Wealth Management Inc purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 3,563 shares of the network technology company’s stock, valued at approximately $1,215,000.

Several other hedge funds have also recently bought and sold shares of PANW. Janney Montgomery Scott LLC lifted its stake in Palo Alto Networks by 15.0% in the first quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock valued at $65,796,000 after buying an additional 53,485 shares during the last quarter. Aviva PLC lifted its stake in shares of Palo Alto Networks by 5.4% in the 4th quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock worth $104,774,000 after acquiring an additional 29,230 shares during the period. B&D White Capital Company LLC acquired a new stake in Palo Alto Networks in the first quarter valued at about $353,000. Bridgewater Advisors Inc. purchased a new stake in shares of Palo Alto Networks in the second quarter valued at approximately $2,159,000. Finally, Granite Islands Private Wealth LLC boosted its position in shares of Palo Alto Networks by 43.6% during the 1st quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock worth $2,453,000 after purchasing an additional 4,659 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Trading Down 2.2%

Shares of Palo Alto Networks stock opened at $375.76 on Tuesday. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $398.88. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The business has a 50 day moving average price of $330.20 and a 200 day moving average price of $237.05. The company has a market capitalization of $306.24 billion, a P/E ratio of 308.00, a P/E/G ratio of 12.89 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the firm 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. Sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on PANW shares. Berenberg Bank increased their target price on shares of Palo Alto Networks from $290.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Cantor Fitzgerald set a $340.00 price target on Palo Alto Networks and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Scotiabank reaffirmed a “sector outperform” rating and issued a $320.00 price objective (up from $180.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $475.00 price objective (up from $420.00) on shares of Palo Alto Networks in a report on Monday. Finally, Stifel Nicolaus set a $340.00 target price on Palo Alto Networks in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and a consensus price target of $342.61.

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the sale, the executive vice president owned 145,250 shares in the company, valued at approximately $42,058,590. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Aparna Bawa sold 290 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total transaction of $101,134.60. Following the completion of the transaction, the director directly owned 6,437 shares of the company’s stock, valued at $2,244,839.38. The trade was a 4.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 101,239 shares of company stock valued at $27,174,360. 1.40% of the stock is owned by company insiders.

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.