Rollins Financial Advisors LLC Purchases New Position in Palo Alto Networks, Inc. $PANW

Rollins Financial Advisors LLC purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 1,126 shares of the network technology company’s stock, valued at approximately $230,000.

Other institutional investors also recently bought and sold shares of the company. Whipplewood Advisors LLC raised its stake in shares of Palo Alto Networks by 6,400.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after buying an additional 128 shares during the period. Briaud Financial Planning Inc purchased a new stake in Palo Alto Networks in the 2nd quarter worth $28,000. Dagco Inc. acquired a new position in Palo Alto Networks during the first quarter worth $33,000. WPG Advisers LLC purchased a new position in Palo Alto Networks during the first quarter valued at $37,000. Finally, Strategic Investment Solutions Inc. IL lifted its holdings in Palo Alto Networks by 58.9% during the first 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 in the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on PANW shares. BTIG Research raised shares of Palo Alto Networks from a “neutral” rating to a “buy” rating in a research note on Monday, October 13th. Guggenheim boosted their price objective on Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research note on Tuesday, August 19th. BMO Capital Markets increased their target price on Palo Alto Networks from $217.00 to $225.00 and gave the company an “outperform” rating in a report on Tuesday, August 19th. KeyCorp downgraded Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Finally, Morgan Stanley boosted their price target on Palo Alto Networks from $210.00 to $216.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. Thirty research 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. According to data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus target price of $218.17.

View Our Latest Analysis on PANW

Palo Alto Networks Price Performance

PANW stock opened at $212.29 on Friday. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $223.61. The firm has a market capitalization of $142.00 billion, a PE ratio of 132.27, a price-to-earnings-growth ratio of 5.05 and a beta of 0.95. The business has a 50 day simple moving average of $207.16 and a 200-day simple moving average of $195.99.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm’s revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the business 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. On average, equities research analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Buying and Selling

In other news, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $219.97, for a total transaction of $153,979.00. Following the transaction, the chief accounting officer owned 47,505 shares of the company’s stock, valued at approximately $10,449,674.85. The trade was a 1.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,215,830 shares of company stock worth $249,160,428 in the last quarter. 2.50% of the stock is currently owned by insiders.

About Palo Alto Networks

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Palo Alto Networks (NASDAQ:PANW)

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