Bamco Inc. NY Cuts Stock Holdings in Palo Alto Networks, Inc. $PANW

Bamco Inc. NY lowered its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 39.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,774 shares of the network technology company's stock after selling 7,158 shares during the quarter. Bamco Inc. NY's holdings in Palo Alto Networks were worth $3,674,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC boosted its position in Palo Alto Networks by 147.7% in the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock worth $1,230,000 after purchasing an additional 4,031 shares during the last quarter. Bison Wealth LLC raised its stake in shares of Palo Alto Networks by 169.1% during the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company's stock worth $948,000 after purchasing an additional 3,275 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Palo Alto Networks by 66.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company's stock worth $713,000 after buying an additional 1,389 shares during the last quarter. Osterweis Capital Management Inc. boosted its holdings in shares of Palo Alto Networks by 11,100.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company's stock worth $115,000 after buying an additional 555 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its position in Palo Alto Networks by 6.0% during the second quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company's stock valued at $900,000 after buying an additional 249 shares during the period. 79.82% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Palo Alto Networks

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

• Positive Sentiment: JPMorgan raised its price target for Palo Alto Networks to $384, modestly above the current trading level, while maintaining its view of the cybersecurity company. JPMorgan Chase & Co. Increases Palo Alto Networks Price Target
• Positive Sentiment: Analyst coverage remains broadly constructive: BTIG reaffirmed a “Buy” rating, and other Wall Street commentary continues to characterize PANW as a buy and a cybersecurity stock worth researching. Wall Street Analysts See Palo Alto as a Buy Benchmark Analyst Expects Palo Alto Stock to Rise
• Neutral Sentiment: Investors are focused on estimates for PANW’s fiscal fourth quarter ended July 2026, including key operating metrics beyond revenue and earnings. The upcoming results could become the next major catalyst. Palo Alto Q4 Performance Estimates
• Neutral Sentiment: Broader markets may remain sensitive to next week’s U.S. jobs report and its implications for Federal Reserve policy, which could influence high-growth technology valuations. The Week Ahead: August Jobs Report Takes Center Stage
• Negative Sentiment: Chief Accounting Officer Josh D. Paul sold 900 shares for approximately $318,000. The sale reduced his holdings by 1.21%, a relatively small transaction but a potential short-term sentiment headwind. SEC Insider Transaction Filing
• Negative Sentiment: BTIG’s $380 price target is slightly below PANW’s current level despite its Buy rating, while the stock’s very high earnings multiple leaves it vulnerable to disappointment if growth or guidance slows. BTIG Reiterates Buy Rating on Palo Alto Networks

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. Oppenheimer restated an "outperform" rating and set a $400.00 price objective (up from $350.00) on shares of Palo Alto Networks in a report on Tuesday, August 4th. Loop Capital boosted their target price on shares of Palo Alto Networks from $160.00 to $290.00 and gave the company a "hold" rating in a research note on Wednesday, June 3rd. Morgan Stanley set a $400.00 target price on shares of Palo Alto Networks in a research report on Monday, August 17th. HSBC raised their price target on shares of Palo Alto Networks from $114.00 to $207.00 in a research note on Thursday, June 4th. Finally, Wolfe Research reaffirmed an "outperform" rating and issued a $320.00 price target on shares of Palo Alto Networks in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $365.87.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $382.85 on Friday. The firm has a market capitalization of $312.02 billion, a PE ratio of 313.81, a P/E/G ratio of 10.72 and a beta of 0.91. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a 50-day moving average price of $342.95 and a two-hundred day moving average price of $247.58. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $398.88.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion for the quarter, compared to analyst estimates 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 quarterly 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 2.02 EPS for the current year.

Insiders Place Their Bets

In related news, Director James J. Goetz sold 20,000 shares of the business's stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the transaction, the director owned 20,000 shares of the company's stock, valued at approximately $5,598,000. The trade was a 50.00% decrease in their ownership of the stock. 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 1,100 shares of the company's stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $285.08, for a total transaction of $313,588.00. Following the sale, the chief accounting officer directly owned 81,636 shares in the company, valued at $23,272,790.88. This trade represents a 1.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 38,835 shares of company stock worth $11,127,854 over the last quarter. Insiders own 1.40% of the company's stock.

Palo Alto Networks Profile

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.

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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.

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