Nvest Financial LLC Invests $453,000 in Palo Alto Networks, Inc. $PANW

Nvest Financial LLC purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 1st quarter, Holdings Channel.com reports. The firm purchased 2,825 shares of the network technology company’s stock, valued at approximately $453,000.

A number of other institutional investors have also modified their holdings of PANW. Norges Bank bought a new position in Palo Alto Networks in the fourth quarter worth about $1,415,364,000. Vanguard Group Inc. grew its holdings in shares of Palo Alto Networks by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock valued at $12,512,533,000 after purchasing an additional 2,659,100 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Palo Alto Networks by 11.9% during the fourth quarter. Bank of America Corp DE now owns 19,375,486 shares of the network technology company’s stock valued at $3,568,964,000 after purchasing an additional 2,065,776 shares during the last quarter. Employees Provident Fund Board acquired a new stake in shares of Palo Alto Networks during the 4th quarter worth approximately $281,542,000. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in shares of Palo Alto Networks during the 4th quarter worth approximately $164,968,000. Institutional investors own 79.82% of the company’s stock.

Insider Activity

In other news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the completion of the transaction, the executive vice president directly owned 145,250 shares in the company, valued at $42,058,590. This trade represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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 that occurred on Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the transaction, the director owned 20,000 shares in the company, valued at $5,598,000. This represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 102,111 shares of company stock worth $27,204,024 in the last 90 days. 1.40% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently issued reports on PANW shares. BTIG Research boosted their price objective on Palo Alto Networks from $333.00 to $380.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. William Blair reissued an “outperform” rating on shares of Palo Alto Networks in a report on Tuesday, June 16th. Argus upped their price target on shares of Palo Alto Networks from $222.00 to $320.00 in a research report on Friday, June 5th. Truist Financial increased their price objective on shares of Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Finally, UBS Group set a $300.00 price objective on shares of Palo Alto Networks and gave the company a “neutral” rating in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average price target of $316.15.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $348.06 on Monday. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $358.10. The firm has a market capitalization of $283.67 billion, a PE ratio of 285.30, a price-to-earnings-growth ratio of 12.92 and a beta of 0.91. The stock has a fifty day moving average of $258.43 and a two-hundred day moving average of $201.50. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The company had revenue of $3 billion for 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%.The company’s quarterly revenue was up 31.1% compared to the same quarter last year. During the same period last year, the company earned $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. As a group, research analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

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.