Mattson Financial Services LLC Boosts Stock Position in Palo Alto Networks, Inc. $PANW

Mattson Financial Services LLC increased its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 118.9% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 14,588 shares of the network technology company’s stock after buying an additional 7,925 shares during the period. Mattson Financial Services LLC’s holdings in Palo Alto Networks were worth $2,489,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Csenge Advisory Group grew its stake in shares of Palo Alto Networks by 2.4% in the 1st quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock worth $381,000 after buying an additional 53 shares during the last quarter. GSG Advisors LLC lifted its position in Palo Alto Networks by 0.4% in the 1st quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock valued at $2,154,000 after acquiring an additional 54 shares in the last quarter. SYM FINANCIAL Corp lifted its position in Palo Alto Networks by 1.4% in the 1st quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company’s stock valued at $691,000 after acquiring an additional 55 shares in the last quarter. Crew Capital Management Ltd. lifted its position in Palo Alto Networks by 2.5% in the 1st quarter. Crew Capital Management Ltd. now owns 2,310 shares of the network technology company’s stock valued at $394,000 after acquiring an additional 57 shares in the last quarter. Finally, TFB Advisors LLC lifted its position in Palo Alto Networks by 1.9% in the 1st quarter. TFB Advisors LLC now owns 3,084 shares of the network technology company’s stock valued at $526,000 after acquiring an additional 58 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling

In other Palo Alto Networks news, EVP Nir Zuk sold 100,000 shares of the company’s stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the sale, the executive vice president owned 3,143,516 shares in the company, valued at $543,199,564.80. This represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $184.20, for a total value of $128,940.00. Following the completion of the sale, the chief accounting officer owned 37,723 shares of the company’s stock, valued at approximately $6,948,576.60. The trade was a 1.82% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 569,422 shares of company stock worth $106,629,618. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of Palo Alto Networks stock opened at $197.33 on Thursday. The stock has a market cap of $131.99 billion, a P/E ratio of 122.95, a P/E/G ratio of 4.71 and a beta of 0.98. The stock’s fifty day moving average is $188.20 and its 200 day moving average is $185.83. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $210.39.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.Palo Alto Networks’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.75 earnings per share. 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 year.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Stephens reaffirmed an “equal weight” rating and issued a $205.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $232.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Jefferies Financial Group set a $235.00 price objective on Palo Alto Networks in a research report on Tuesday, July 29th. TD Securities reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, May 21st. Finally, DA Davidson reissued a “buy” rating and set a $215.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. Twenty-eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $211.68.

About Palo Alto Networks

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.