<div id="readability-page-1"><p>HBK Sorce Advisory LLC raised its stake in  Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 135.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,359 shares of the network technology company's stock after purchasing an additional 7,111 shares during the period. HBK Sorce Advisory LLC's holdings in Palo Alto Networks were worth $2,692,000 at the end of the most recent quarter.</p><div><p><span></span><span>Get <strong>Palo Alto Networks</strong> alerts:</span></p></div><ul><li>Top 3 Winter Stocks With Solid Growth Opportunities</li></ul><p>Several other institutional investors have also added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in  Palo Alto Networks in the second quarter valued at about $25,000.  Whipplewood Advisors LLC raised its position in shares of  Palo Alto Networks by 6,400.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company's stock valued at $27,000 after buying an additional 128 shares in the last quarter.  Briaud Financial Planning Inc bought a new stake in shares of  Palo Alto Networks during the 2nd quarter worth approximately $28,000.  Howard Hughes Medical Institute acquired a new stake in shares of  Palo Alto Networks during the 2nd quarter worth approximately $29,000.  Finally, MTM Investment Management LLC bought a new position in  Palo Alto Networks in the second quarter valued at approximately $31,000. 79.82% of the stock is currently owned by institutional investors. </p><h2>Analyst Ratings Changes</h2><p>A number of research analysts have recently commented on the company. Sanford C. Bernstein increased their price target on Palo Alto Networks from $207.00 to $210.00 and gave the company an &#34;outperform&#34; rating in a research note on Thursday, November 20th. Piper Sandler  reaffirmed an &#34;overweight&#34; rating and issued a $230.00 price objective (up from $225.00) on shares of Palo Alto Networks in a research note on Thursday, November 20th. The Goldman Sachs Group  reiterated a &#34;buy&#34; rating and issued a $240.00 price objective (up previously from $236.00) on shares of Palo Alto Networks in a research note on Thursday, November 20th. Jefferies Financial Group  reaffirmed a &#34;buy&#34; rating and set a $250.00 price target (up from $235.00) on shares of Palo Alto Networks in a research note on Tuesday, November 11th. Finally, TD Cowen raised their price objective on shares of Palo Alto Networks from $230.00 to $255.00 and gave the company a &#34;buy&#34; rating in a research note on Thursday, November 13th. Thirty-one analysts have rated the stock with a Buy rating, nine have assigned  a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $226.20.</p><ul><li>Okta: Excuses to Sell Vs. Reasons to Buy</li></ul><p><b>Get Our Latest Analysis on Palo Alto Networks</b></p><h2>Palo Alto Networks Stock Down 0.7%</h2><p>Shares of NASDAQ PANW opened at $188.12 on Wednesday. The business has a 50-day simple moving average of $201.09 and a two-hundred day simple moving average of $197.20. The company has a market cap of $131.12 billion, a P/E ratio of 119.06, a P/E/G ratio of 4.50 and a beta of 0.79. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $223.61. </p><ul><li>12 Analysts Just Raised CrowdStrike Targets—Here’s What They See Coming</li></ul><p>Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its quarterly earnings results on Thursday, November 20th. The network technology company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.04. The firm had revenue of $2.47 billion for the quarter, compared to analysts' expectations of $2.46 billion. Palo Alto Networks had a net margin of 11.69% and a return on equity of 17.05%. The business's quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.56 earnings per share.  Equities research analysts anticipate that  Palo Alto Networks, Inc. will post 1.76 EPS for the current year. </p><h2>Insiders Place Their Bets</h2><p>In other news, EVP Lee Klarich sold 120,774 shares of the company's stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $191.91, for a total value of $23,177,738.34. Following the completion of the transaction, the executive vice president directly owned 327,645 shares in the company, valued at approximately $62,878,351.95. This represents a 26.93% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which can be accessed through this link. Also, CAO Josh D. Paul sold 700 shares of the business's stock in a transaction on Monday, December 1st. The stock was sold at an average price of $189.39, for a total transaction of $132,573.00. Following the completion of the sale, the chief accounting officer directly owned 46,805 shares of the company's stock, valued at $8,864,398.95. This represents a 1.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 376,922 shares of company stock valued at $77,963,339 over the last 90 days. Insiders own  1.40% of the company's stock. </p><h2>About Palo Alto Networks</h2> (Free Report)<p>Palo Alto Networks <span>NASDAQ: PANW<span></span></span> 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.  </p><p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Palo Alto Networks</li><li>The boring AI play that could pay up to $4,290 monthly</li><li>Trump’s “real estate deal for America” explained</li><li>Put $1,000 into this stock by Jan 1 [Not NVDA]</li><li>Trump Did WHAT??</li><li>A month before the crash</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEFOVw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEFOVw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Palo Alto Networks Right Now?</h2><p>Before you consider Palo Alto Networks, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Palo Alto Networks wasn't on the list.</p><p>While Palo Alto Networks currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PANW

<p>HBK Sorce Advisory LLC increased its stake in Palo Alto Networks, Inc. by 135.5% during the 3rd quarter, now holding 12,359 shares worth $2.69 million. Several other institutional investors also adjusted their positions in the company. Analysts have given the stock a consensus rating of 'Moderate Buy' with a target price of $226.20. Palo Alto Networks reported quarterly earnings of $0.93 per share, beating estimates, with revenue of $2.47 billion. EVP Lee Klarich sold 120,774 shares recently.</p>

HBK Sorce Advisory LLC Has $2.69 Million Stock Position in Palo Alto Networks, Inc. $PANW