Abel Hall LLC Purchases 70 Shares of Palo Alto Networks, Inc. $PANW

Abel Hall LLC lifted its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 4.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,520 shares of the network technology company’s stock after acquiring an additional 70 shares during the quarter. Abel Hall LLC’s holdings in Palo Alto Networks were worth $311,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PANW. Brighton Jones LLC lifted its holdings in Palo Alto Networks by 147.7% during the 4th 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 holdings in Palo Alto Networks by 169.1% during the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after buying an additional 3,275 shares in the last quarter. Portside Wealth Group LLC lifted its holdings in Palo Alto Networks by 10.5% during the 1st quarter. Portside Wealth Group LLC now owns 1,841 shares of the network technology company’s stock valued at $314,000 after buying an additional 175 shares in the last quarter. Daymark Wealth Partners LLC lifted its holdings in Palo Alto Networks by 6.3% during the 1st quarter. Daymark Wealth Partners LLC now owns 2,676 shares of the network technology company’s stock valued at $457,000 after buying an additional 158 shares in the last quarter. Finally, GAMMA Investing LLC lifted its holdings in Palo Alto Networks by 10.8% during the 1st quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock valued at $2,410,000 after buying an additional 1,374 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Analyst Upgrades and Downgrades

PANW has been the subject of a number of research analyst reports. Needham & Company LLC reiterated a “buy” rating and set a $230.00 price objective on shares of Palo Alto Networks in a report on Wednesday, September 3rd. Stephens reiterated an “equal weight” rating and set a $205.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. DA Davidson reissued a “buy” rating and set a $215.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 target price on shares of Palo Alto Networks and gave the company an “outperform” rating in a research report on Tuesday, August 19th. Finally, Tigress Financial assumed coverage on shares of Palo Alto Networks in a research report on Friday, September 26th. They set a “buy” rating and a $245.00 target price on the stock. Twenty-eight investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average price target of $214.95.

Palo Alto Networks Stock Up 3.2%

Shares of Palo Alto Networks stock opened at $217.79 on Thursday. The firm’s 50 day moving average price is $191.40 and its 200-day moving average price is $188.81. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $217.94. The company has a market cap of $145.68 billion, a P/E ratio of 135.69, a PEG ratio of 5.02 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter in the previous year, the firm earned $0.75 EPS. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. As a group, equities research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Transactions at Palo Alto Networks

In other news, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $211.92, for a total value of $25,594,426.08. Following the transaction, the executive vice president owned 149,190 shares of the company’s stock, valued at $31,616,344.80. The trade was a 44.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the transaction, the executive vice president directly owned 3,143,516 shares in the company, valued at approximately $543,199,564.80. The trade was a 3.08% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is owned by corporate insiders.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.