Guardian Capital LP Purchases New Position in Palo Alto Networks, Inc. $PANW

Guardian Capital LP purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 6,748 shares of the network technology company’s stock, valued at approximately $1,374,000.

Other hedge funds have also recently bought and sold shares of the company. Klingman & Associates LLC boosted its stake in shares of Palo Alto Networks by 2.2% in the 3rd quarter. Klingman & Associates LLC now owns 2,131 shares of the network technology company’s stock valued at $434,000 after purchasing an additional 46 shares in the last quarter. Contravisory Investment Management Inc. increased its position in shares of Palo Alto Networks by 1.8% during the 3rd quarter. Contravisory Investment Management Inc. now owns 2,742 shares of the network technology company’s stock worth $558,000 after purchasing an additional 48 shares in the last quarter. Mattern Wealth Management LLC lifted its holdings in Palo Alto Networks by 2.9% during the 3rd quarter. Mattern Wealth Management LLC now owns 1,692 shares of the network technology company’s stock valued at $345,000 after purchasing an additional 48 shares during the last quarter. PTM Wealth Management LLC lifted its holdings in Palo Alto Networks by 4.0% during the 3rd quarter. PTM Wealth Management LLC now owns 1,300 shares of the network technology company’s stock valued at $276,000 after purchasing an additional 50 shares during the last quarter. Finally, Arlington Trust Co LLC lifted its holdings in Palo Alto Networks by 4.8% during the 3rd quarter. Arlington Trust Co LLC now owns 1,088 shares of the network technology company’s stock valued at $222,000 after purchasing an additional 50 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PANW. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Palo Alto Networks in a report on Monday, December 29th. Barclays set a $200.00 target price on Palo Alto Networks and gave the stock an “overweight” rating in a report on Monday, February 9th. Wedbush restated an “outperform” rating and set a $225.00 price target on shares of Palo Alto Networks in a research report on Wednesday, February 18th. New Street Research dropped their price target on Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Finally, Loop Capital cut their price objective on Palo Alto Networks from $190.00 to $160.00 and set a “hold” rating for the company in a research report on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $210.19.

Insider Transactions at Palo Alto Networks

In other news, Director James J. Goetz sold 12,500 shares of Palo Alto Networks stock in a transaction on Monday, December 8th. The stock was sold at an average price of $195.33, for a total value of $2,441,625.00. Following the completion of the sale, the director directly owned 75,184 shares of the company’s stock, valued at approximately $14,685,690.72. This trade represents a 14.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $188.18, for a total value of $940,900.00. Following the sale, the executive vice president owned 155,119 shares of the company’s stock, valued at approximately $29,190,293.42. The trade was a 3.12% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 139,068 shares of company stock valued at $26,600,684 over the last 90 days. 1.40% of the stock is currently owned by corporate insiders.

Palo Alto Networks Trading Up 1.2%

Shares of PANW stock opened at $165.05 on Friday. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $223.61. The firm’s 50 day moving average is $171.66 and its 200-day moving average is $190.09. The firm has a market capitalization of $134.68 billion, a price-to-earnings ratio of 91.19, a PEG ratio of 5.89 and a beta of 0.78.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The business had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.58 billion. During the same quarter last year, the business posted $0.81 earnings per share. Palo Alto Networks’s revenue for the quarter 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 fiscal year.

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.