NEOS Investment Management LLC Has $211.07 Million Stake in Palo Alto Networks, Inc. $PANW

NEOS Investment Management LLC raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 10.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 618,939 shares of the network technology company’s stock after buying an additional 58,834 shares during the quarter. Palo Alto Networks comprises about 0.8% of NEOS Investment Management LLC’s portfolio, making the stock its 22nd largest position. NEOS Investment Management LLC’s holdings in Palo Alto Networks were worth $211,071,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Solstein Capital LLC acquired a new stake in shares of Palo Alto Networks during the 2nd quarter worth approximately $26,000. N.E.W. Advisory Services LLC bought a new position in Palo Alto Networks in the second quarter valued at approximately $27,000. Delos Wealth Advisors LLC acquired a new position in Palo Alto Networks during the second quarter valued at approximately $28,000. EMC Capital Management acquired a new position in Palo Alto Networks during the second quarter valued at approximately $34,000. Finally, Comprehensive Financial Planning Inc. PA bought a new stake in Palo Alto Networks during the second quarter worth $36,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Palo Alto Networks Stock Up 1.1%

Shares of PANW opened at $331.94 on Friday. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $398.88. The stock has a market capitalization of $270.53 billion, a price-to-earnings ratio of 650.88, a PEG ratio of 10.04 and a beta of 0.91. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.86 and a current ratio of 0.87. The stock has a fifty day moving average of $349.60 and a 200-day moving average of $254.27.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Tuesday, September 1st. The network technology company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.04. The company had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.35 billion. Palo Alto Networks had a return on equity of 8.50% and a net margin of 2.67%.Palo Alto Networks’s revenue for the quarter was up 34.5% on a year-over-year basis. During the same quarter last year, the business posted $0.95 EPS. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. As a group, sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.25 earnings per share for the current fiscal year.

Insider Transactions at Palo Alto Networks

In other news, Director John P. Key sold 7,500 shares of Palo Alto Networks stock in a transaction dated 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 sale, the director directly owned 12,500 shares of the company’s stock, valued at approximately $3,490,500. This trade represents a 37.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James Goetz sold 20,000 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the sale, the director owned 20,000 shares in the company, valued at approximately $5,598,000. This trade represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 38,635 shares of company stock valued at $11,150,578. 1.40% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Palo Alto Networks

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

• Positive Sentiment: Strong fiscal fourth-quarter results: Revenue rose 34% year over year to $3.41 billion, exceeding the $3.35 billion consensus estimate, while adjusted earnings of $1.02 per share topped expectations by $0.04. Next-generation security annual recurring revenue increased 63% to $9.1 billion, including nearly $1 billion of net new ARR. Palo Alto crushes earnings expectations: stock is down 8%- here’s why
• Positive Sentiment: Optimistic outlook and AI demand: Management issued fiscal 2027 guidance above Wall Street expectations and highlighted rising demand for platform-based cybersecurity solutions as AI-related threats expand. Analysts also cited strong cash flow, platform adoption and the company’s AI-led growth strategy. PANW Q4 Earnings Call Focuses on AI-Led Platformization
• Positive Sentiment: Analyst support remains strong: Citigroup raised its price target to $410, while RBC lifted its target to $475. DA Davidson, Susquehanna, Rosenblatt, BTIG, Needham and Cantor Fitzgerald also maintained or reiterated bullish ratings with targets generally above the current trading level.
• Positive Sentiment: External bullish commentary: Jim Cramer described Palo Alto Networks favorably following the earnings report, potentially supporting investor sentiment toward the cybersecurity leader. Jim Cramer is Bullish on Palo Alto After Earnings Report
• Neutral Sentiment: Console acquisition: Palo Alto Networks reportedly paid approximately $500 million in cash and stock for AI help-desk startup Console. The deal could expand its AI capabilities, but the price and integration risks may temper the immediate benefit. Palo Alto Networks paid $500M for Thrive-backed Console
• Negative Sentiment: Valuation and profit-taking pressured the stock: Despite the earnings beat, shares fell sharply after investors viewed the results as insufficient relative to PANW’s premium valuation and lofty growth expectations. Barclays reportedly warned that the stock may have limited upside after a substantial prior rally. Palo Alto Networks Topped Estimates. The Stock Is Sinking Anyway
• Negative Sentiment: Insider selling: Chief Accounting Officer Josh Paul sold 900 shares for approximately $336,000. The sale represented only 1.23% of his holdings, limiting its significance, but it may add modestly to investor caution.

Wall Street Analysts Forecast Growth

PANW has been the topic of a number of research analyst reports. Berenberg Bank raised their target price on Palo Alto Networks from $290.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Loop Capital boosted their price target on Palo Alto Networks from $160.00 to $290.00 and gave the stock a “hold” rating in a report on Wednesday, June 3rd. William Blair restated an “outperform” rating on shares of Palo Alto Networks in a research report on Tuesday, June 16th. Benchmark raised their price objective on Palo Alto Networks from $340.00 to $400.00 and gave the company a “buy” rating in a research note on Monday, August 24th. Finally, Citizens Jmp boosted their target price on Palo Alto Networks from $320.00 to $415.00 and gave the stock a “market outperform” rating in a research note on Wednesday, August 12th. Forty research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $385.67.

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.