Jackson Thornton Wealth Management LLC Buys New Shares in Palo Alto Networks, Inc. $PANW

Jackson Thornton Wealth Management LLC bought a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,018 shares of the network technology company’s stock, valued at approximately $208,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dagco Inc. bought a new position in shares of Palo Alto Networks during the 1st quarter valued at $33,000. WPG Advisers LLC bought a new position in shares of Palo Alto Networks during the 1st quarter valued at $37,000. Strategic Investment Solutions Inc. IL grew its holdings in shares of Palo Alto Networks by 58.9% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after purchasing an additional 83 shares during the last quarter. Stonebridge Financial Group LLC boosted its position in Palo Alto Networks by 46.8% during the 1st quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock valued at $40,000 after buying an additional 74 shares during the period. Finally, Marshall & Sullivan Inc. WA purchased a new stake in Palo Alto Networks during the 2nd quarter valued at $41,000. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Trading Up 1.2%

Shares of NASDAQ PANW opened at $214.40 on Wednesday. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $217.94. The firm has a market capitalization of $143.41 billion, a PE ratio of 133.58, a price-to-earnings-growth ratio of 5.04 and a beta of 0.98. The firm has a fifty day simple moving average of $198.45 and a two-hundred day simple moving average of $191.16.

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

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Cantor Fitzgerald reissued an “overweight” rating and set a $223.00 price target on shares of Palo Alto Networks in a research report on Friday, August 15th. Piper Sandler raised shares of Palo Alto Networks from a “neutral” rating to an “overweight” rating and increased their price target for the company from $200.00 to $225.00 in a research report on Tuesday, August 12th. Scotiabank increased their price target on shares of Palo Alto Networks from $225.00 to $228.00 and gave the company a “sector outperform” rating in a research report on Tuesday, August 19th. Jefferies Financial Group set a $235.00 price target on shares of Palo Alto Networks in a research report on Tuesday, July 29th. Finally, UBS Group set a $245.00 price target on shares of Palo Alto Networks in a research report on Friday, September 26th. Thirty research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average price target of $217.22.

Insider Buying and Selling

In related news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were 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 directly owned 96,135 shares in the company, valued at $19,629,805.65. This trade represents a 4.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of the firm’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the sale, the executive vice president owned 149,190 shares of the company’s stock, valued at approximately $31,616,344.80. This represents a 44.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,315,130 shares of company stock worth $260,687,367 over the last 90 days. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks 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.