Wealth Effects LLC Makes New $221,000 Investment in Palo Alto Networks, Inc. $PANW

Wealth Effects LLC bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,080 shares of the network technology company’s stock, valued at approximately $221,000.

Other large investors have also made changes to their positions in the company. HWG Holdings LP acquired a new stake in shares of Palo Alto Networks in the 1st quarter valued at approximately $31,000. Dagco Inc. bought a new position in Palo Alto Networks in the 1st quarter valued at approximately $33,000. WPG Advisers LLC acquired a new stake in Palo Alto Networks in the first quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL grew its stake in shares of 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 worth $38,000 after buying an additional 83 shares during the last quarter. Finally, Stonebridge Financial Group LLC increased its holdings in shares of Palo Alto Networks by 46.8% during the first quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock worth $40,000 after buying an additional 74 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on PANW. DA Davidson reissued a “buy” rating and set a $215.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. New Street Research lifted their price target on Palo Alto Networks from $235.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, September 12th. KeyCorp downgraded Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 31st. Jefferies Financial Group set a $235.00 price objective on shares of Palo Alto Networks in a report on Tuesday, July 29th. Finally, Stephens reissued an “equal weight” rating and set a $205.00 target price on shares of Palo Alto Networks in a report on Tuesday, August 19th. Twenty-nine equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $212.39.

Insider Transactions at Palo Alto Networks

In other news, EVP Lee Klarich sold 120,774 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the completion of 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. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $184.20, for a total value of $128,940.00. Following the completion of the transaction, the chief accounting officer owned 37,723 shares in the company, 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. Over the last quarter, insiders sold 1,415,030 shares of company stock valued at $279,198,494. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Trading Down 1.3%

Shares of Palo Alto Networks stock opened at $200.70 on Thursday. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $210.39. The company has a market capitalization of $134.25 billion, a P/E ratio of 125.05, a price-to-earnings-growth ratio of 4.84 and a beta of 0.98. The stock has a fifty day simple moving average of $189.33 and a 200 day simple moving average of $186.99.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion during 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 business’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.75 EPS. 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, analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS 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.