Galvin Gaustad & Stein LLC Acquires 1,150 Shares of Palo Alto Networks, Inc. $PANW

Galvin Gaustad & Stein LLC increased its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 36.5% in the second quarter, according to its most recent filing with the SEC. The fund owned 4,302 shares of the network technology company’s stock after acquiring an additional 1,150 shares during the period. Galvin Gaustad & Stein LLC’s holdings in Palo Alto Networks were worth $880,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC increased 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 worth $1,230,000 after purchasing an additional 4,031 shares during the period. Bison Wealth LLC increased 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 worth $948,000 after purchasing an additional 3,275 shares during the period. GAMMA Investing LLC increased 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 worth $2,410,000 after purchasing an additional 1,374 shares during the period. Simplicity Wealth LLC purchased a new position in Palo Alto Networks during the 1st quarter worth $224,000. Finally, Trueblood Wealth Management LLC increased its holdings in Palo Alto Networks by 5.6% during the 1st quarter. Trueblood Wealth Management LLC now owns 2,560 shares of the network technology company’s stock worth $437,000 after purchasing an additional 136 shares during the period. 79.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on the company. UBS Group set a $245.00 price objective on Palo Alto Networks in a report on Friday, September 26th. Jefferies Financial Group set a $235.00 price objective on Palo Alto Networks in a report on Tuesday, July 29th. Scotiabank lifted their price target on Palo Alto Networks from $225.00 to $228.00 and gave the company a “sector outperform” rating in a report on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 price target on Palo Alto Networks and gave the company an “outperform” rating in a report on Tuesday, August 19th. Finally, Barclays reiterated an “overweight” rating and issued a $215.00 price target (up from $210.00) on shares of Palo Alto Networks in a report on Tuesday, August 19th. Twenty-eight analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $214.95.

Palo Alto Networks Stock Performance

Shares of PANW opened at $215.17 on Friday. The stock has a 50-day moving average of $192.23 and a two-hundred day moving average of $189.02. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $217.94. The stock has a market cap of $143.93 billion, a P/E ratio of 134.06, a P/E/G ratio of 5.18 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The company had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the previous year, the firm posted $0.75 EPS. The firm’s 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. Analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the transaction, the executive vice president owned 96,135 shares of the company’s stock, valued at $19,629,805.65. The trade was a 4.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Nir Zuk sold 100,000 shares of the business’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the transaction, the executive vice president directly owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is currently owned by company 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.