Uniting Wealth Partners LLC Acquires New Holdings in Palo Alto Networks, Inc. $PANW

Uniting Wealth Partners LLC bought a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) in the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,017 shares of the network technology company’s stock, valued at approximately $688,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC raised its holdings in shares of Palo Alto Networks by 147.7% during 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 last quarter. Bison Wealth LLC grew its holdings in Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock worth $948,000 after buying an additional 3,275 shares in the last quarter. Sivia Capital Partners LLC increased its position in Palo Alto Networks by 66.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock valued at $713,000 after acquiring an additional 1,389 shares during the period. Osterweis Capital Management Inc. increased its position in Palo Alto Networks by 11,100.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock valued at $115,000 after acquiring an additional 555 shares during the period. Finally, Main Street Financial Solutions LLC increased its position in Palo Alto Networks by 6.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company’s stock valued at $900,000 after acquiring an additional 249 shares during the period. Institutional investors own 79.82% of the company’s stock.

Insider Transactions at Palo Alto Networks

In other news, Director James J. Goetz sold 20,000 shares of the firm’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the sale, the director directly owned 20,000 shares of the company’s stock, valued at $5,598,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks stock in a transaction on Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the completion of the transaction, the chief accounting officer owned 81,636 shares in the company, valued at $23,272,790.88. The trade was a 1.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 101,239 shares of company stock valued at $27,174,360 in the last 90 days. 1.40% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on PANW shares. Morgan Stanley reiterated an “overweight” rating and set a $387.00 price target (up from $320.00) on shares of Palo Alto Networks in a research report on Tuesday, July 21st. Argus set a $425.00 price target on Palo Alto Networks in a report on Tuesday, July 21st. Robert W. Baird set a $320.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Truist Financial upped 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, DA Davidson increased their target price on shares of Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $339.61.

Palo Alto Networks Price Performance

NASDAQ:PANW opened at $384.27 on Monday. The business’s 50-day moving average price is $328.02 and its 200 day moving average price is $235.70. The firm has a market cap of $313.18 billion, a P/E ratio of 314.98, a PEG ratio of 12.89 and a beta of 0.91. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $398.88. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data 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 company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the previous year, the company posted $0.37 EPS. The business’s revenue was up 31.1% compared to the same quarter last year. 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, sell-side analysts predict that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current fiscal 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.