1,669 Shares in Palo Alto Networks, Inc. $PANW Purchased by Benchmark Financial Wealth Advisors LLC

Benchmark Financial Wealth Advisors LLC acquired a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,669 shares of the network technology company’s stock, valued at approximately $342,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. purchased a new position in Palo Alto Networks in the 1st quarter worth approximately $261,000. Strive Asset Management LLC grew its holdings in shares of Palo Alto Networks by 16.6% in the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock worth $358,000 after purchasing an additional 299 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its holdings in shares of Palo Alto Networks by 25.3% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 205,053 shares of the network technology company’s stock worth $41,957,000 after purchasing an additional 41,392 shares during the last quarter. Whipplewood Advisors LLC increased its stake in shares of Palo Alto Networks by 6,400.0% in the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after buying an additional 128 shares during the period. Finally, Arkadios Wealth Advisors raised its holdings in Palo Alto Networks by 9.2% during the 2nd quarter. Arkadios Wealth Advisors now owns 39,893 shares of the network technology company’s stock valued at $8,164,000 after buying an additional 3,351 shares during the last quarter. 79.82% of the stock is owned by institutional investors.

Palo Alto Networks Trading Up 0.9%

PANW opened at $220.24 on Monday. The company has a market cap of $147.32 billion, a price-to-earnings ratio of 137.22, a price-to-earnings-growth ratio of 5.24 and a beta of 0.95. The stock has a fifty day simple moving average of $204.51 and a two-hundred day simple moving average of $194.47. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company’s quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $211.92, for a total value of $25,594,426.08. Following the sale, the executive vice president owned 149,190 shares in the company, valued at approximately $31,616,344.80. This represents a 44.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Josh D. Paul sold 700 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total transaction of $141,512.00. Following the transaction, the chief accounting officer directly owned 32,474 shares of the company’s stock, valued at $6,564,943.84. This represents a 2.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,094,356 shares of company stock worth $222,684,964. Insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PANW. Royal Bank Of Canada reissued an “outperform” rating and issued a $232.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. Rosenblatt Securities dropped their target price on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a report on Thursday, August 14th. Mizuho boosted their price target on Palo Alto Networks from $210.00 to $220.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Scotiabank increased their price objective on Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a report on Tuesday, August 19th. Finally, Westpark Capital reissued a “hold” rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $218.17.

Palo Alto Networks Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.