2,295 Palo Alto Networks, Inc. $PANW Shares Purchased by Cooper Financial Group
by Doug Wharley · The Cerbat GemCooper Financial Group grew its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 32.6% during the third quarter, HoldingsChannel.com reports. The firm owned 9,330 shares of the network technology company’s stock after purchasing an additional 2,295 shares during the period. Cooper Financial Group’s holdings in Palo Alto Networks were worth $3,707,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in PANW. Janney Montgomery Scott LLC raised its stake in shares of Palo Alto Networks by 15.0% during the first quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock valued at $65,796,000 after acquiring an additional 53,485 shares during the last quarter. Aviva PLC grew its stake in shares of Palo Alto Networks by 5.4% in the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock worth $104,774,000 after purchasing an additional 29,230 shares during the last quarter. B&D White Capital Company LLC bought a new stake in shares of Palo Alto Networks in the first quarter worth $353,000. Bridgewater Advisors Inc. acquired a new stake in Palo Alto Networks in the second quarter valued at $2,159,000. Finally, Granite Islands Private Wealth LLC increased its holdings in Palo Alto Networks by 43.6% in the first quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock valued at $2,453,000 after purchasing an additional 4,659 shares during the period. 79.82% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
PANW has been the topic of several recent research reports. TD Cowen reaffirmed a “buy” rating and set a $440.00 target price (up from $400.00) on shares of Palo Alto Networks in a report on Friday, October 2nd. UBS Group reissued a “neutral” rating and issued a $390.00 price target (up from $300.00) on shares of Palo Alto Networks in a research note on Wednesday, August 19th. BMO Capital Markets restated an “outperform” rating and set a $415.00 price objective (up from $335.00) on shares of Palo Alto Networks in a research report on Thursday, August 20th. Rosenblatt Securities lifted their price objective on Palo Alto Networks from $355.00 to $415.00 and gave the stock a “buy” rating in a research note on Wednesday, September 2nd. Finally, Mizuho set a $415.00 target price on Palo Alto Networks and gave the company an “outperform” rating in a report on Wednesday, August 19th. Thirty-eight investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to MarketBeat, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average price target of $391.32.
View Our Latest Research Report on PANW
Insider Buying and Selling at Palo Alto Networks
In other Palo Alto Networks news, Director Aparna Bawa sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $373.61, for a total transaction of $373,610.00. Following the completion of the sale, the director directly owned 5,437 shares of the company’s stock, valued at approximately $2,031,317.57. The trade was a 15.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $376.68, for a total value of $7,533,600.00. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 53,960 shares of company stock worth $20,719,959. 1.40% of the stock is currently owned by corporate insiders.
Palo Alto Networks Stock Down 3.4%
Shares of NASDAQ PANW traded down $14.34 during midday trading on Wednesday, hitting $405.57. 3,888,749 shares of the stock traded hands, compared to its average volume of 8,289,067. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $432.33. The business has a 50 day moving average price of $367.69 and a two-hundred day moving average price of $290.71. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.87 and a current ratio of 0.87. The company has a market cap of $331.76 billion, a PE ratio of 795.25, a P/E/G ratio of 11.71 and a beta of 0.93.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last announced its quarterly earnings results on Tuesday, September 1st. The network technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.04. The business had revenue of $3.41 billion during the quarter, compared to analyst estimates of $3.35 billion. Palo Alto Networks had a net margin of 2.67% and a return on equity of 8.50%. Palo Alto Networks’s quarterly revenue was up 34.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.95 EPS. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. On average, equities analysts predict that Palo Alto Networks, Inc. will post 2.31 EPS for the current year.
Key Headlines Impacting Palo Alto Networks
Here are the key news stories impacting Palo Alto Networks this week:
- Positive Sentiment: AI and cybersecurity momentum: PANW benefited from a broad rally in cybersecurity stocks after Zscaler reaffirmed its fiscal 2027 earnings outlook. Investor interest is also increasing in security tools designed to protect AI agents, following CrowdStrike’s accelerator with Amazon Web Services and NVIDIA. Palo Alto Networks Stock Reaches New Highs: What’s Happening?
- Positive Sentiment: Strong operating results and outlook: The company’s latest quarterly revenue increased 34.5% year over year to $3.41 billion, exceeding estimates, while earnings of $1.02 per share also topped expectations. Management’s fiscal 2027 EPS guidance of $4.16–$4.19 reinforces expectations for continued growth.
- Positive Sentiment: Favorable analyst positioning: Sell-side firms broadly maintain a constructive view, with 38 analysts issuing Buy ratings and 12 assigning Hold ratings. The overall consensus is “Moderate Buy,” although the average price target of $391.32 is below recent trading levels. Palo Alto Networks Rated Moderate Buy
- Neutral Sentiment: Long-term performance remains a selling point: A $1,000 investment held for ten years substantially outperformed the S&P 500, highlighting PANW’s successful expansion from firewall products into a broader cloud, endpoint and AI-security platform. However, past performance does not eliminate valuation risk. A $1,000 Bet on Palo Alto Networks Beat the S&P 500
- Negative Sentiment: Very elevated valuation: PANW’s market capitalization is approximately $332 billion, while its reported P/E ratio is near 800. The stock’s rally has pushed it above the consensus price target, increasing the risk of consolidation or profit-taking if growth expectations moderate.
- Negative Sentiment: Insider sale: Chief Accounting Officer Josh Paul sold 400 shares worth approximately $158,280. The transaction reduced his holdings by only 0.51%, so it is a limited signal, but it may add to short-term selling pressure. Palo Alto Networks Insider Selling
About Palo Alto Networks
Palo Alto Networks, Inc is a cybersecurity company that provides solutions designed to help organizations protect networks, endpoints, cloud environments, applications and users from cyber threats. Its offerings include next-generation firewalls, cloud-delivered security services, secure access service edge (SASE) solutions, endpoint protection and security operations tools.
The company also provides platforms and services for cloud security, threat intelligence, incident response, vulnerability management and the automation of security operations.
Recommended Stories
- Five stocks we like better than Palo Alto Networks
- Skydance Just Became a Media Giant—With an $80 Billion Debt Load
- Could Velo3D Be the Next Defense Buyout Target?
- Penguin Solutions Is Soaring as AI Memory Demand Explodes
- Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up
Want to see what other hedge funds are holding PANW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report).