Palo Alto Networks, Inc. $PANW Shares Acquired by Avalon Trust Co

Avalon Trust Co increased its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 55.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,635 shares of the network technology company’s stock after buying an additional 39,657 shares during the period. Palo Alto Networks comprises about 1.2% of Avalon Trust Co’s investment portfolio, making the stock its 26th largest position. Avalon Trust Co’s holdings in Palo Alto Networks were worth $17,737,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in PANW. SteelPeak Wealth LLC boosted its stake in Palo Alto Networks by 12.3% during the 1st quarter. SteelPeak Wealth LLC now owns 20,481 shares of the network technology company’s stock valued at $3,284,000 after acquiring an additional 2,248 shares during the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Palo Alto Networks by 5.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 97,527 shares of the network technology company’s stock worth $15,670,000 after acquiring an additional 4,842 shares in the last quarter. Independent Financial Group LLC bought a new stake in shares of Palo Alto Networks in the 1st quarter worth about $4,140,000. Enterprise Financial Services Corp raised its stake in shares of Palo Alto Networks by 14.7% in the 1st quarter. Enterprise Financial Services Corp now owns 1,533 shares of the network technology company’s stock valued at $246,000 after purchasing an additional 197 shares in the last quarter. Finally, Frazier Financial Advisors LLC raised its stake in shares of Palo Alto Networks by 253.3% in the 1st quarter. Frazier Financial Advisors LLC now owns 212 shares of the network technology company’s stock valued at $34,000 after purchasing an additional 152 shares in the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director James J. Goetz sold 20,000 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.90, for a total value of $5,598,000.00. Following the sale, the director owned 20,000 shares of the company’s stock, valued at $5,598,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Aparna Bawa sold 290 shares of Palo Alto Networks stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total transaction of $101,134.60. Following the completion of the sale, the director owned 6,437 shares in the company, valued at approximately $2,244,839.38. This represents a 4.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 101,239 shares of company stock valued at $27,174,360 in the last three months. 1.40% of the stock is owned by corporate insiders.

Palo Alto Networks Stock Down 0.0%

Shares of Palo Alto Networks stock opened at $353.99 on Friday. The stock has a market capitalization of $288.50 billion, a price-to-earnings ratio of 290.16, a PEG ratio of 13.15 and a beta of 0.91. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $368.17. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The business’s 50 day simple moving average is $287.03 and its 200-day simple moving average is $211.27.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The business 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 business’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.37 EPS. 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. Equities research analysts forecast that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on PANW. Guggenheim downgraded Palo Alto Networks from a “neutral” rating to a “reduce” rating in a research note on Wednesday, May 27th. Sanford C. Bernstein upped their price objective on Palo Alto Networks from $209.00 to $253.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Scotiabank reaffirmed a “sector outperform” rating and set a $320.00 target price (up from $180.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Wolfe Research reiterated an “outperform” rating and issued a $320.00 target price on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Wells Fargo & Company boosted their price target on Palo Alto Networks from $325.00 to $420.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $327.74.

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.