5,021 Shares in Palo Alto Networks, Inc. $PANW Acquired by Clear Harbor Asset Management LLC

Clear Harbor Asset Management LLC acquired a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 5,021 shares of the network technology company’s stock, valued at approximately $1,712,000.

Several other large investors also recently added to or reduced their stakes in PANW. Brighton Jones LLC grew 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 in the last quarter. Bison Wealth LLC lifted its stake 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 acquiring an additional 3,275 shares in the last quarter. Sivia Capital Partners LLC lifted its stake 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 worth $713,000 after acquiring an additional 1,389 shares in the last quarter. Osterweis Capital Management Inc. boosted its position in Palo Alto Networks by 11,100.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock worth $115,000 after acquiring an additional 555 shares during the period. Finally, Main Street Financial Solutions LLC boosted its position in Palo Alto Networks by 6.0% during the 2nd 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 during the period. 79.82% of the stock is owned by institutional investors and hedge funds.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $358.04 on Friday. 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 fifty-two week low of $139.57 and a fifty-two week high of $398.88. The stock’s 50-day moving average is $337.38 and its two-hundred day moving average is $241.72. The firm has a market cap of $291.80 billion, a P/E ratio of 293.48, a PEG ratio of 12.02 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The business 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%.The firm’s revenue was up 31.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.37 EPS. 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. Analysts predict that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have weighed in on PANW shares. New Street Research set a $415.00 target price on Palo Alto Networks in a research note on Tuesday. Stifel Nicolaus set a $415.00 price target on shares of Palo Alto Networks and gave the stock a “buy” rating in a research report on Wednesday. Jefferies Financial Group set a $335.00 price target on shares of Palo Alto Networks and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Wedbush boosted their price objective on shares of Palo Alto Networks from $300.00 to $340.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Finally, Weiss Ratings lowered shares of Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average price target of $362.67.

Insider Activity

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks 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 sale, the executive vice president directly owned 145,250 shares in the company, valued at $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John P. Key sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the completion of the sale, the director directly owned 12,500 shares of the company’s stock, valued at $3,490,500. This represents a 37.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 37,935 shares of company stock valued at $10,809,461. 1.40% of the stock is currently owned by company 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.