Sherman Asset Management Inc. Invests $233,000 in Palo Alto Networks, Inc. $PANW

Sherman Asset Management Inc. acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,451 shares of the network technology company’s stock, valued at approximately $233,000.

A number of other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its holdings in Palo Alto Networks by 147.7% in the fourth 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 during the period. Bison Wealth LLC lifted its position in Palo Alto Networks by 169.1% during the fourth 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 grew its stake in Palo Alto Networks by 66.3% during the second quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock worth $713,000 after buying an additional 1,389 shares during the period. Osterweis Capital Management Inc. grew its stake in Palo Alto Networks by 11,100.0% during the second quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock worth $115,000 after buying an additional 555 shares during the period. Finally, Main Street Financial Solutions LLC increased its position in shares of Palo Alto Networks by 6.0% in the second quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company’s stock worth $900,000 after acquiring an additional 249 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on PANW shares. Stifel Nicolaus set a $340.00 target price on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. HSBC upped their price target on shares of Palo Alto Networks from $114.00 to $207.00 in a research report on Thursday, June 4th. Argus raised their price objective on Palo Alto Networks from $222.00 to $320.00 in a research report on Friday, June 5th. BMO Capital Markets raised their price objective on Palo Alto Networks from $270.00 to $335.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Finally, Mizuho boosted their price objective on Palo Alto Networks from $265.00 to $305.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $323.98.

Palo Alto Networks Price Performance

Shares of PANW stock opened at $354.02 on Thursday. The firm has a fifty day simple moving average of $283.88 and a 200-day simple moving average of $210.11. The company has a market capitalization of $288.53 billion, a PE ratio of 290.18, a price-to-earnings-growth ratio of 13.10 and a beta of 0.91. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $368.17. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW) last released 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. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the previous year, the firm posted $0.37 EPS. The firm’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. Equities research analysts anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Palo Alto Networks News Summary

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Tigress Financial raised its price target on Palo Alto Networks from $245 to $430 and reiterated a buy rating, signaling strong upside confidence in the stock. Article Title
• Positive Sentiment: Cybersecurity stocks, including PANW, are benefiting from reports that AI-driven security spending could support long-term growth as cyberattacks intensify. Article Title
• Positive Sentiment: PANW also got a lift from a broader cybersecurity rally after IBM’s weak results and cybersecurity warning pushed investors toward security-focused software names. Article Title
• Positive Sentiment: Market commentary highlighted PANW as one of the cybersecurity stocks “riding the wave” from IBM’s earnings miss, reinforcing the sector-wide bid into defensive tech. Article Title
• Neutral Sentiment: Commentary from Jim Cramer and other market-watch articles called Palo Alto Networks “unbelievable” and noted strong year-to-date gains, but these pieces were more sentiment-driven than fundamental catalysts. Article Title
• Neutral Sentiment: A Zacks comparison article argued Zscaler has an edge over PANW due to valuation and integration-cost concerns, but this appears to be a relative-valuation view rather than a direct negative catalyst. Article Title

Insider Activity at Palo Alto Networks

In other 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 sale, the executive vice president directly owned 145,250 shares of the company’s stock, valued at approximately $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Josh D. Paul sold 900 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $345.00, for a total value of $310,500.00. Following the completion of the transaction, the chief accounting officer owned 79,644 shares in the company, valued at approximately $27,477,180. This trade represents a 1.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 101,239 shares of company stock valued at $27,174,360. 1.40% of the stock is currently owned by 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.