Sunflower Bank N.A. Takes Position in Palo Alto Networks, Inc. $PANW

by · The Markets Daily

Sunflower Bank N.A. purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,166 shares of the network technology company’s stock, valued at approximately $239,000.

Several other hedge funds have also modified their holdings of PANW. St. Clair Advisors LLC grew its position in Palo Alto Networks by 0.3% during the second quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock valued at $3,233,000 after acquiring an additional 50 shares during the period. Csenge Advisory Group grew its position in Palo Alto Networks by 2.4% during the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock valued at $381,000 after acquiring an additional 53 shares during the period. GSG Advisors LLC grew its position in Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock valued at $2,154,000 after acquiring an additional 54 shares during the period. SYM FINANCIAL Corp grew its position in Palo Alto Networks by 1.4% during the first quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company’s stock valued at $691,000 after acquiring an additional 55 shares during the period. Finally, Crew Capital Management Ltd. grew its position in Palo Alto Networks by 2.5% during the first quarter. Crew Capital Management Ltd. now owns 2,310 shares of the network technology company’s stock valued at $394,000 after acquiring an additional 57 shares during the period. 79.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. JMP Securities reissued a “market outperform” rating and set a $212.00 price target on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Royal Bank Of Canada restated an “outperform” rating and set a $232.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Truist Financial set a $220.00 price objective on Palo Alto Networks and gave the stock a “buy” rating in a research note on Tuesday, August 19th. UBS Group set a $185.00 price objective on Palo Alto Networks and gave the stock a “neutral” rating in a research note on Tuesday, August 12th. Finally, Bank of America upgraded Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 price objective on the stock in a research note on Tuesday, August 19th. Twenty-nine research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $212.39.

Read Our Latest Report on Palo Alto Networks

Insider Buying and Selling

In other news, CAO Josh D. Paul sold 800 shares of the company’s stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $201.05, for a total transaction of $160,840.00. Following the completion of the transaction, the chief accounting officer directly owned 42,033 shares of the company’s stock, valued at approximately $8,450,734.65. This represents a 1.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $201.85, for a total value of $1,009,250.00. Following the transaction, the executive vice president directly owned 101,135 shares of the company’s stock, valued at $20,414,099.75. This trade represents a 4.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 569,422 shares of company stock valued at $106,629,618 over the last three months. 2.50% of the stock is owned by company insiders.

Palo Alto Networks Stock Up 0.9%

Shares of NASDAQ PANW opened at $203.12 on Thursday. The stock’s 50 day moving average price is $187.91 and its two-hundred day moving average price is $186.20. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $210.39. The stock has a market capitalization of $135.87 billion, a P/E ratio of 126.55, a PEG ratio of 4.80 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) 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 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 for the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the prior year, the firm posted $0.75 earnings per share. Palo Alto Networks’s revenue for the quarter 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. On average, analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Palo Alto Networks Company Profile

(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.

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