Evelyn Partners Investment Management Services Ltd Purchases 3,505 Shares of Palo Alto Networks, Inc. $PANW

Evelyn Partners Investment Management Services Ltd raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 31.5% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,641 shares of the network technology company’s stock after acquiring an additional 3,505 shares during the period. Evelyn Partners Investment Management Services Ltd’s holdings in Palo Alto Networks were worth $2,347,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PANW. Darwin Wealth Management LLC bought a new position in Palo Alto Networks during the second quarter worth about $25,000. Knuff & Co LLC acquired a new position in shares of Palo Alto Networks in the 4th quarter worth approximately $26,000. Steph & Co. grew its position in Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after acquiring an additional 67 shares during the last quarter. Sittner & Nelson LLC grew its position in Palo Alto Networks by 73.8% during the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after acquiring an additional 62 shares during the last quarter. Finally, WHI TRUST Co LLC acquired a new stake in Palo Alto Networks during the 4th quarter valued at $28,000. 79.82% of the stock is owned by institutional investors.

Palo Alto Networks Trading Down 2.0%

Shares of PANW opened at $317.32 on Tuesday. The stock’s fifty day simple moving average is $302.19 and its 200-day simple moving average is $218.75. The firm has a market capitalization of $258.62 billion, a PE ratio of 260.10, a price-to-earnings-growth ratio of 12.02 and a beta of 0.91. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $368.80. 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 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The firm 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 company’s revenue was up 31.1% on a year-over-year basis. 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 predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Analyst Ratings Changes

PANW has been the topic of a number of recent analyst reports. BMO Capital Markets boosted their price objective on Palo Alto Networks from $270.00 to $335.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Benchmark lifted their price target on Palo Alto Networks from $270.00 to $340.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Tigress Financial lifted their price target on Palo Alto Networks from $245.00 to $430.00 and gave the company a “buy” rating in a report on Wednesday, July 15th. Scotiabank reiterated a “sector outperform” rating and set a $320.00 price target (up from $180.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $330.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $331.48.

Insider Buying and Selling

In other 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 transaction of $1,447,800.00. Following the completion of the sale, the executive vice president owned 145,250 shares in the company, valued at $42,058,590. The trade was a 3.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director James J. Goetz sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the sale, the director directly owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. This trade represents a 50.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 101,239 shares of company stock worth $27,174,360. 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.