Palo Alto Networks, Inc. $PANW Shares Purchased by Buffalo Business & Estate Services Ltd.

Buffalo Business & Estate Services Ltd. increased its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 23.7% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,032 shares of the network technology company’s stock after purchasing an additional 9,578 shares during the period. Palo Alto Networks accounts for about 1.2% of Buffalo Business & Estate Services Ltd.’s portfolio, making the stock its 15th largest position. Buffalo Business & Estate Services Ltd.’s holdings in Palo Alto Networks were worth $8,021,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of PANW. Darwin Wealth Management LLC purchased a new position in shares of Palo Alto Networks in the second quarter worth $25,000. Steph & Co. grew its holdings in shares of Palo Alto Networks by 88.2% during the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after buying an additional 67 shares during the last quarter. Knuff & Co LLC purchased a new stake in shares of Palo Alto Networks during the fourth quarter valued at $26,000. Sittner & Nelson LLC increased its position in shares of Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 62 shares during the period. Finally, Luken Investment Analytics LLC increased its position in shares of Palo Alto Networks by 196.2% in the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after acquiring an additional 102 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $286.40 on Tuesday. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $302.95. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The stock has a market cap of $233.42 billion, a PE ratio of 234.75, a price-to-earnings-growth ratio of 10.69 and a beta of 0.94. The business has a 50-day simple moving average of $230.63 and a 200-day simple moving average of $193.37.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same period last year, the business earned $0.37 earnings per share. Palo Alto Networks’s quarterly revenue was up 31.1% on a year-over-year basis. 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. On average, equities analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Insider Activity

In related news, Director John P. Key sold 7,500 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the sale, the director owned 12,500 shares in the company, valued at approximately $3,490,500. This trade represents a 37.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the transaction, the executive vice president directly owned 235,983 shares of the company’s stock, valued at $61,037,002.95. The trade was a 21.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 101,389 shares of company stock worth $26,122,830. 1.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

PANW has been the subject of a number of research reports. Argus lifted their price target on Palo Alto Networks from $222.00 to $320.00 in a research report on Friday, June 5th. Loop Capital increased their price objective on Palo Alto Networks from $160.00 to $290.00 and gave the company a “hold” rating in a report on Wednesday, June 3rd. Oppenheimer raised their price objective on Palo Alto Networks from $275.00 to $350.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Needham & Company LLC lifted their target price on Palo Alto Networks from $200.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Finally, Jefferies Financial Group set a $335.00 target price on Palo Alto Networks and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $306.59.

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.