Dohj LLC Reduces Stock Position in Palo Alto Networks, Inc. $PANW

Key Points

• Dohj LLC has significantly reduced its stake in Palo Alto Networks, Inc. by 71.7%, now holding just 1,940 shares valued at approximately $397,000.
• Palo Alto Networks has received positive analyst ratings, with Piper Sandler upgrading it to an "overweight" rating and raising its price target to $225.00, reflecting growing confidence in the stock.
• Insider selling has been notable, with EVP Lee Klarich selling over 120,000 shares for approximately $25.6 million, indicating significant transactions among company executives.

Dohj LLC decreased its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 71.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,940 shares of the network technology company's stock after selling 4,919 shares during the period. Dohj LLC's holdings in Palo Alto Networks were worth $397,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in PANW. HWG Holdings LP bought a new stake in shares of Palo Alto Networks during the 1st quarter valued at about $31,000. Dagco Inc. bought a new stake in shares of Palo Alto Networks during the 1st quarter valued at $33,000. Marshall & Sullivan Inc. WA purchased a new stake in shares of Palo Alto Networks in the 2nd quarter worth $41,000. WPG Advisers LLC bought a new position in Palo Alto Networks in the 1st quarter worth $37,000. Finally, Strategic Investment Solutions Inc. IL lifted its position in Palo Alto Networks by 58.9% during the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company's stock valued at $38,000 after purchasing an additional 83 shares in the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PANW has been the subject of a number of analyst reports. Piper Sandler upgraded Palo Alto Networks from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $200.00 to $225.00 in a research report on Tuesday, August 12th. Scotiabank boosted their price objective on Palo Alto Networks from $225.00 to $228.00 and gave the company a "sector outperform" rating in a research note on Tuesday, August 19th. BMO Capital Markets raised their target price on shares of Palo Alto Networks from $217.00 to $225.00 and gave the stock an "outperform" rating in a research note on Tuesday, August 19th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Palo Alto Networks in a report on Saturday, September 27th. Finally, New Street Research increased their price objective on shares of Palo Alto Networks from $235.00 to $240.00 and gave the stock a "buy" rating in a research note on Friday, September 12th. Twenty-eight research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $214.95.

Palo Alto Networks Stock Down 0.7%

Shares of PANW stock opened at $211.04 on Wednesday. The stock has a market cap of $141.16 billion, a P/E ratio of 131.49, a PEG ratio of 5.06 and a beta of 0.98. The company's fifty day simple moving average is $190.70 and its two-hundred day simple moving average is $188.60. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $214.02.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm's revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.75 earnings per share. 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 fiscal year.

Insider Buying and Selling

In other news, EVP Lee Klarich sold 120,774 shares of the company's stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the sale, the executive vice president directly owned 149,190 shares in the company, valued at approximately $31,616,344.80. This represents a 44.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the transaction, the executive vice president owned 96,135 shares of the company's stock, valued at approximately $19,629,805.65. This represents a 4.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,315,130 shares of company stock valued at $260,687,367 in the last three months. Corporate insiders own 2.50% of the company's stock.

Palo Alto Networks Profile

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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