Palo Alto Networks, Inc. $PANW Shares Acquired by ProShare Advisors LLC

ProShare Advisors LLC increased its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 6.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,052,981 shares of the network technology company’s stock after acquiring an additional 59,175 shares during the quarter. ProShare Advisors LLC’s holdings in Palo Alto Networks were worth $215,482,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Whipplewood Advisors LLC boosted its position in shares of Palo Alto Networks by 6,400.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 128 shares during the period. Briaud Financial Planning Inc acquired a new position in Palo Alto Networks during the second quarter worth approximately $28,000. Dagco Inc. purchased a new stake in Palo Alto Networks in the first quarter valued at approximately $33,000. WPG Advisers LLC acquired a new stake in shares of Palo Alto Networks in the first quarter valued at approximately $37,000. Finally, Strategic Investment Solutions Inc. IL boosted its holdings in shares of Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after acquiring an additional 83 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Buying and Selling

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on 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 sale, the executive vice president directly owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. The trade was a 4.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total value of $23,081,119.14. Following the sale, the executive vice president owned 177,954 shares in the company, valued at $34,008,788.94. This trade represents a 40.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,215,830 shares of company stock worth $249,160,428. 2.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Needham & Company LLC restated a “buy” rating and issued a $230.00 price target on shares of Palo Alto Networks in a research report on Wednesday, September 3rd. Sanford C. Bernstein set a $207.00 price objective on shares of Palo Alto Networks and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Bank of America raised their target price on shares of Palo Alto Networks from $215.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. DA Davidson reiterated a “buy” rating and set a $215.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, Rosenblatt Securities lowered their price objective on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a report on Thursday, August 14th. Thirty investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus target price of $218.17.

Palo Alto Networks Trading Up 0.4%

NASDAQ:PANW opened at $212.29 on Monday. The company has a market capitalization of $142.00 billion, a P/E ratio of 132.27, a price-to-earnings-growth ratio of 5.05 and a beta of 0.95. The firm has a 50-day moving average price of $207.16 and a two-hundred day moving average price of $196.19. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period in the prior year, the business earned $0.75 earnings per share. The company’s quarterly revenue was up 15.8% on a year-over-year basis. 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, equities research analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

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.