Walser Wealth Management Company A Ltd Liability Co Purchases New Position in Palo Alto Networks, Inc. $PANW

Walser Wealth Management Company A Ltd Liability Co purchased a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 2,999 shares of the network technology company’s stock, valued at approximately $552,000.

Several other large investors also recently added to or reduced their stakes in the stock. Aviva PLC boosted its stake in shares of Palo Alto Networks by 5.4% during the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after purchasing an additional 29,230 shares during the period. Westfield Capital Management Co. LP purchased a new position in Palo Alto Networks in the 3rd quarter worth about $75,412,000. Peapack Gladstone Financial Corp increased its stake in Palo Alto Networks by 8.8% in the 4th quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock worth $8,926,000 after buying an additional 3,926 shares during the period. American Century Companies Inc. increased its stake in Palo Alto Networks by 134.1% in the 3rd quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock worth $136,859,000 after buying an additional 384,985 shares during the period. Finally, US Bancorp DE lifted its holdings in Palo Alto Networks by 0.6% during the 3rd quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock valued at $277,828,000 after buying an additional 8,344 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

Insider Activity at Palo Alto Networks

In related news, CEO Nikesh Arora purchased 68,085 shares of the firm’s stock in a transaction on Friday, March 27th. The stock was acquired at an average price of $146.87 per share, with a total value of $9,999,643.95. Following the completion of the acquisition, the chief executive officer owned 343,394 shares in the company, valued at approximately $50,434,276.78. This represents a 24.73% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director James J. Goetz sold 20,000 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the completion of the transaction, the director owned 20,000 shares of the company’s stock, valued at $5,598,000. This trade represents a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 101,044 shares of company stock worth $26,022,722 over the last ninety days. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Up 2.0%

PANW opened at $287.78 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The firm has a market cap of $234.54 billion, a price-to-earnings ratio of 235.89, a PEG ratio of 10.48 and a beta of 0.94. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $302.95. The stock has a fifty day moving average price of $225.96 and a 200-day moving average price of $191.98.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.79 by $0.06. The firm had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. Palo Alto Networks’s revenue was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $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, equities research analysts anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Argus boosted their price objective on shares of Palo Alto Networks from $222.00 to $320.00 in a research report on Friday, June 5th. HSBC raised their target price on shares of Palo Alto Networks from $114.00 to $207.00 in a research report on Thursday, June 4th. Cantor Fitzgerald set a $340.00 price target on shares of Palo Alto Networks and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Mizuho boosted their price target on Palo Alto Networks from $265.00 to $305.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. Finally, Berenberg Bank increased their price objective on Palo Alto Networks from $290.00 to $360.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average price target of $306.59.

Palo Alto Networks Company 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.