Vantus Wealth LLC Makes New Investment in Palo Alto Networks, Inc. $PANW

by · The Markets Daily

Vantus Wealth LLC purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 2,573 shares of the network technology company’s stock, valued at approximately $474,000.

Other institutional investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new position in shares of Palo Alto Networks in the 2nd quarter valued at approximately $25,000. Knuff & Co LLC purchased a new position in shares of Palo Alto Networks in the 4th quarter valued at approximately $26,000. Steph & Co. grew its stake in shares of Palo Alto Networks by 88.2% in the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after purchasing an additional 67 shares during the last quarter. Winch Advisory Services LLC grew its stake in shares of Palo Alto Networks by 96.1% in the 3rd quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after purchasing an additional 73 shares during the last quarter. Finally, WHI TRUST Co LLC purchased a new stake in shares of Palo Alto Networks in the fourth quarter valued at approximately $28,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Buying and Selling

In other news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total value of $802,100.00. Following the completion of the transaction, the executive vice president directly owned 150,250 shares of the company’s stock, valued at $24,103,105. The trade was a 3.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Nikesh Arora bought 68,085 shares of the company’s stock in a transaction that occurred on Friday, March 27th. The stock was acquired at an average price of $146.87 per share, with a total value of $9,999,643.95. Following the completion of the purchase, the chief executive officer directly owned 343,394 shares of the company’s stock, valued at approximately $50,434,276.78. The trade was a 24.73% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders sold 93,660 shares of company stock valued at $21,346,475. Company insiders own 1.40% of the company’s stock.

Key Stories Impacting Palo Alto Networks

Here are the key news stories impacting Palo Alto Networks this week:

  • Positive Sentiment: JPMorgan raised its price target on Palo Alto Networks to $300 from $200 and kept an overweight rating, signaling continued optimism about the company’s growth outlook. JPMorgan price target update
  • Positive Sentiment: Robert W. Baird also lifted its price target to $300 from $265 and reiterated an outperform rating, reinforcing the view that PANW can sustain momentum into earnings. Baird price target update
  • Positive Sentiment: Palo Alto Networks completed its acquisition of Portkey, an AI gateway provider, which should strengthen its Prisma AIRS platform and expand its AI-security offerings. Portkey acquisition article
  • Neutral Sentiment: Multiple articles note that PANW is approaching its earnings release, with traders expecting a meaningful post-earnings move; that keeps attention on the stock but does not by itself confirm direction. Earnings watch article
  • Neutral Sentiment: Jim Cramer said the stock “tends to run into the quarter,” reflecting a seasonal trading thesis rather than a new fundamental catalyst. Jim Cramer commentary

Palo Alto Networks Stock Performance

PANW opened at $300.48 on Tuesday. The business’s fifty day moving average is $195.20 and its two-hundred day moving average is $184.31. The company has a market cap of $245.19 billion, a price-to-earnings ratio of 166.01, a PEG ratio of 10.16 and a beta of 0.94. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $302.95.

Wall Street Analysts Forecast Growth

PANW has been the topic of a number of analyst reports. Stifel Nicolaus lifted their price target on Palo Alto Networks from $185.00 to $275.00 and gave the company a “buy” rating in a research note on Wednesday, May 20th. Daiwa Securities Group decreased their price target on Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Susquehanna decreased their price target on Palo Alto Networks from $230.00 to $200.00 and set a “positive” rating on the stock in a research note on Wednesday, February 18th. Morgan Stanley lifted their price target on Palo Alto Networks from $223.00 to $253.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Palo Alto Networks in a research note on Friday, May 22nd. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $238.23.

Read Our Latest Stock Report on Palo Alto Networks

Palo Alto Networks Company Profile

(Free Report)

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.

Featured Stories

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