Focused Wealth Management Inc Invests $1.22 Million in Palo Alto Networks, Inc. $PANW

Focused Wealth Management Inc acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,563 shares of the network technology company’s stock, valued at approximately $1,215,000.

Several other institutional investors have also recently added to or reduced their stakes in PANW. Vanguard Group Inc. increased its position in Palo Alto Networks by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock worth $12,512,533,000 after purchasing an additional 2,659,100 shares during the last quarter. State Street Corp boosted its holdings in shares of Palo Alto Networks by 2.0% in the 4th quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock valued at $5,587,100,000 after purchasing an additional 594,789 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Palo Alto Networks by 16.0% during the 1st quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company’s stock valued at $3,603,473,000 after buying an additional 3,101,267 shares during the period. Geode Capital Management LLC grew its stake in shares of Palo Alto Networks by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock valued at $2,934,935,000 after buying an additional 540,756 shares during the period. Finally, Norges Bank acquired a new stake in shares of Palo Alto Networks during the 4th quarter worth $1,415,364,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently weighed in on PANW. Susquehanna reiterated a “positive” rating and issued a $350.00 target price (up from $200.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. William Blair restated an “outperform” rating on shares of Palo Alto Networks in a research note on Tuesday, June 16th. Mizuho upped their price target on Palo Alto Networks from $265.00 to $305.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Jefferies Financial Group set a $335.00 price objective on Palo Alto Networks and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Finally, Loop Capital boosted their target price on Palo Alto Networks from $160.00 to $290.00 and gave the stock a “hold” rating in a report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $342.61.

Insider Buying and Selling at Palo Alto Networks

In related news, Director Aparna Bawa sold 290 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $348.74, for a total transaction of $101,134.60. Following the sale, the director directly owned 6,437 shares in the company, valued at approximately $2,244,839.38. This trade represents a 4.31% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total value of $1,447,800.00. Following the transaction, the executive vice president directly owned 145,250 shares in the company, valued at $42,058,590. This trade represents a 3.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 101,239 shares of company stock worth $27,174,360. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Performance

NASDAQ:PANW opened at $375.76 on Tuesday. The firm’s fifty day simple moving average is $330.20 and its 200 day simple moving average is $237.05. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $398.88. The firm has a market capitalization of $306.24 billion, a price-to-earnings ratio of 308.00, a PEG ratio of 12.89 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. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the prior year, the firm earned $0.37 EPS. The firm’s quarterly 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, equities research analysts expect that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current fiscal year.

Palo Alto Networks 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.