26,708 Shares in Palo Alto Networks, Inc. $PANW Acquired by Conscious Wealth Investments LLC

Conscious Wealth Investments LLC acquired a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 26,708 shares of the network technology company’s stock, valued at approximately $4,382,000. Palo Alto Networks comprises 2.6% of Conscious Wealth Investments LLC’s holdings, making the stock its 13th biggest holding.

Other hedge funds have also added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of Palo Alto Networks in the fourth quarter worth $1,415,364,000. Vanguard Group Inc. boosted its stake in Palo Alto Networks by 4.1% in the 4th quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock worth $12,512,533,000 after purchasing an additional 2,659,100 shares in the last quarter. Bank of America Corp DE boosted its stake in Palo Alto Networks by 11.9% in the 4th quarter. Bank of America Corp DE now owns 19,375,486 shares of the network technology company’s stock worth $3,568,964,000 after purchasing an additional 2,065,776 shares in the last quarter. Employees Provident Fund Board purchased a new stake in Palo Alto Networks during the 4th quarter valued at about $281,542,000. Finally, Victory Capital Management Inc. grew its position in Palo Alto Networks by 108.3% during the 3rd quarter. Victory Capital Management Inc. now owns 2,467,692 shares of the network technology company’s stock valued at $502,263,000 after purchasing an additional 1,282,738 shares during the last quarter. 79.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Argus lifted their target price on shares of Palo Alto Networks from $222.00 to $320.00 in a report on Friday, June 5th. Evercore restated an “outperform” rating and issued a $375.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. BTIG Research increased their target price on Palo Alto Networks from $268.00 to $333.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Robert W. Baird set a $320.00 target price on Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Palo Alto Networks from $220.00 to $350.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average price target of $311.98.

Palo Alto Networks News Summary

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

• Positive Sentiment: Arete Research sharply raised its price target on Palo Alto Networks to $433 from $185 and reiterated a buy rating, signaling meaningful upside potential versus recent trading levels. Arete adjusts price target on Palo Alto Networks to $433 from $185, maintains buy rating
• Positive Sentiment: Multiple articles highlighted PANW as a standout AI/cybersecurity stock, reinforcing the market’s view that the company is benefiting from investor demand for AI-security exposure. 5 AI Stocks That Are Surging
• Positive Sentiment: Zacks noted that strategic partnerships could strengthen PANW’s AI security platform, which may support longer-term growth in regulated industries. Can Strategic Partnerships Strengthen PANW’s AI Security Platform?
• Neutral Sentiment: Market coverage also described PANW as part of a “moderate buy” consensus among analysts, which supports the stock but does not add a new catalyst. Palo Alto Networks, Inc. Given Consensus Rating of Moderate Buy by Analysts
• Neutral Sentiment: Broader cybersecurity-sector articles continue to place PANW among the top names to watch, but these items appear to be more sentiment-driven than fundamentally new. Promising Cybersecurity Stocks To Consider – June 28th

Insiders Place Their Bets

In related news, Director James J. Goetz sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $279.90, for a total value of $5,598,000.00. Following the transaction, the director owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $161.40, for a total transaction of $177,540.00. Following the transaction, the chief accounting officer owned 83,136 shares in the company, valued at $13,418,150.40. This represents a 1.31% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 106,389 shares of company stock valued at $27,570,630. 1.40% of the stock is currently owned by company insiders.

Palo Alto Networks Price Performance

NASDAQ PANW opened at $332.00 on Tuesday. The business’s fifty day moving average price is $244.52 and its 200-day moving average price is $197.08. The stock has a market capitalization of $270.58 billion, a price-to-earnings ratio of 272.13, a PEG ratio of 11.30 and a beta of 0.94. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $332.88.

Palo Alto Networks (NASDAQ:PANW) last issued 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 company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.Palo Alto Networks’s revenue was up 31.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 earnings per share. 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 predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

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.