Jamison Private Wealth Management Inc. Boosts Stake in Palo Alto Networks, Inc. $PANW

03 Jul 2026, 14:30 by Mitch Edgeman · The Markets Daily

Jamison Private Wealth Management Inc. boosted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 5.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 36,341 shares of the network technology company’s stock after purchasing an additional 1,958 shares during the period. Jamison Private Wealth Management Inc.’s holdings in Palo Alto Networks were worth $5,826,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. South Plains Financial Inc. boosted its position in shares of Palo Alto Networks by 1.0% during the third quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock worth $982,000 after buying an additional 50 shares during the period. Fayez Sarofim & Co raised its holdings in shares of Palo Alto Networks by 1.2% in the 3rd quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock valued at $878,000 after buying an additional 50 shares during the period. Certified Advisory Corp lifted its stake in Palo Alto Networks by 0.3% during the 3rd quarter. Certified Advisory Corp now owns 16,938 shares of the network technology company’s stock worth $3,449,000 after acquiring an additional 51 shares in the last quarter. Cooper Financial Group boosted its holdings in Palo Alto Networks by 1.3% during the 4th quarter. Cooper Financial Group now owns 4,227 shares of the network technology company’s stock valued at $779,000 after acquiring an additional 53 shares during the period. Finally, Outfitters Financial LLC boosted its holdings in Palo Alto Networks by 1.7% during the 4th quarter. Outfitters Financial LLC now owns 3,265 shares of the network technology company’s stock valued at $601,000 after acquiring an additional 55 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

PANW has been the topic of a number of recent research reports. BTIG Research boosted their price target on shares of Palo Alto Networks from $333.00 to $380.00 and gave the stock a “buy” rating in a research note on Tuesday. FBN Securities restated an “outperform” rating on shares of Palo Alto Networks in a report on Wednesday. Stifel Nicolaus set a $340.00 target price on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Wolfe Research reiterated an “outperform” rating and set a $320.00 target price on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, Evercore reissued an “outperform” rating and issued a $375.00 price target on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $316.15.

View Our Latest Research Report on PANW

Insider Activity at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the sale, the executive vice president owned 145,250 shares of the company’s stock, valued at approximately $42,058,590. This trade represents a 3.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Josh D. Paul sold 900 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $345.00, for a total value of $310,500.00. Following the sale, the chief accounting officer directly owned 79,644 shares in the company, valued at $27,477,180. This trade represents a 1.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 102,111 shares of company stock worth $27,204,024 over the last three months. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Price Performance

Shares of PANW opened at $348.06 on Friday. The firm has a market capitalization of $283.67 billion, a price-to-earnings ratio of 285.30, a PEG ratio of 13.07 and a beta of 0.91. The firm’s fifty day simple moving average is $255.09 and its 200-day simple moving average is $200.36. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $358.10. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company’s revenue was up 31.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.37 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. Equities analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Key Palo Alto Networks News

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

Positive Sentiment: Wells Fargo raised its price target on Palo Alto Networks to $420 from $325 and reiterated an overweight rating, reinforcing the case for further upside. Wells Fargo price target raise
Positive Sentiment: BNP Paribas Exane lifted its target to $380 from $330 and maintained an outperform rating, adding to the bullish analyst sentiment around PANW. BNP Paribas Exane target raise
Positive Sentiment: The stock remains a momentum name after gaining roughly 25% since its last earnings report, supported by strong demand for AI-related cybersecurity tools and recent trading interest. Zacks earnings momentum article
Neutral Sentiment: Several insider sales were disclosed, including director Aparna Bawa and CAO Josh D. Paul. The transactions were relatively small, but insider selling can slightly temper investor enthusiasm. Insider sale disclosure

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.