Palo Alto Networks, Inc. $PANW Shares Purchased by Laffer Tengler Investments Inc.

Laffer Tengler Investments Inc. boosted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 47,930 shares of the network technology company’s stock after buying an additional 531 shares during the quarter. Palo Alto Networks makes up about 1.7% of Laffer Tengler Investments Inc.’s holdings, making the stock its 16th largest position. Laffer Tengler Investments Inc.’s holdings in Palo Alto Networks were worth $9,808,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in shares of Palo Alto Networks by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock valued at $10,712,019,000 after acquiring an additional 1,541,637 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Palo Alto Networks by 41.9% during the first quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after purchasing an additional 2,134,735 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Palo Alto Networks by 16.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company’s stock worth $1,177,765,000 after purchasing an additional 950,765 shares during the last quarter. Nuveen LLC acquired a new position in Palo Alto Networks in the first quarter valued at approximately $810,047,000. Finally, Charles Schwab Investment Management Inc. increased its stake in Palo Alto Networks by 5.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 4,422,037 shares of the network technology company’s stock valued at $754,576,000 after purchasing an additional 219,111 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Stephens reissued an “equal weight” rating and set a $205.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Scotiabank increased their target price 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. Needham & Company LLC reissued a “buy” rating and issued a $230.00 price target on shares of Palo Alto Networks in a research report on Wednesday, September 3rd. New Street Research upped their price objective on shares of Palo Alto Networks from $235.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Finally, BMO Capital Markets raised their price objective on Palo Alto Networks from $217.00 to $225.00 and gave the stock an “outperform” rating in a report on Tuesday, August 19th. Thirty investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average target price of $218.17.

Insider Buying and Selling

In related news, EVP Lee Klarich sold 120,774 shares of the stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $217.94, for a total transaction of $26,321,485.56. Following the completion of the sale, the executive vice president directly owned 356,409 shares of the company’s stock, valued at $77,675,777.46. This trade represents a 25.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $219.97, for a total transaction of $153,979.00. Following the completion of the transaction, the chief accounting officer directly owned 47,505 shares in the company, valued at $10,449,674.85. This represents a 1.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,215,830 shares of company stock worth $249,160,428 over the last three months. 2.50% of the stock is owned by company insiders.

Palo Alto Networks Stock Up 0.4%

NASDAQ PANW opened at $212.29 on Monday. The firm has a market cap of $142.00 billion, a P/E ratio of 132.27, a P/E/G ratio of 5.05 and a beta of 0.95. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $223.61. The business’s 50-day moving average price is $207.16 and its 200 day moving average price is $196.19.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data 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 return on equity of 17.66% and a net margin of 12.30%.The firm had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the prior year, the business earned $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. As a group, analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

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.