FFG Partners LLC Has $1.10 Million Stock Position in Palo Alto Networks, Inc. $PANW

Key Points

• FFG Partners LLC reduced its Palo Alto Networks stake by 34.7% in the first quarter, selling 3,638 shares and leaving it with 6,850 shares valued at about $1.10 million.
• Palo Alto Networks reported strong quarterly results, beating EPS and revenue estimates with $0.85 EPS on $3.0 billion in revenue, while revenue rose 31.1% year over year.
• Analysts remain largely upbeat on PANW, with a consensus rating of “Moderate Buy” and an average price target of $306.59, though some insiders have recently sold shares.

FFG Partners LLC cut its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 34.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,850 shares of the network technology company's stock after selling 3,638 shares during the period. Palo Alto Networks comprises approximately 0.4% of FFG Partners LLC's investment portfolio, making the stock its 26th biggest position. FFG Partners LLC's holdings in Palo Alto Networks were worth $1,098,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of PANW. Vanguard Group Inc. boosted its stake in Palo Alto Networks by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company's stock valued at $12,512,533,000 after buying an additional 2,659,100 shares in the last quarter. State Street Corp raised its stake in Palo Alto Networks by 2.0% during the fourth quarter. State Street Corp now owns 30,331,705 shares of the network technology company's stock worth $5,587,100,000 after acquiring an additional 594,789 shares in the last quarter. Bank of America Corp DE raised its stake in Palo Alto Networks by 11.9% during the fourth quarter. Bank of America Corp DE now owns 19,375,486 shares of the network technology company's stock worth $3,568,964,000 after acquiring an additional 2,065,776 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Palo Alto Networks by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company's stock worth $2,934,935,000 after acquiring an additional 540,756 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Palo Alto Networks in the fourth quarter worth about $1,415,364,000. Institutional investors and hedge funds own 79.82% of the company's stock.

Palo Alto Networks Stock Performance

Shares of Palo Alto Networks stock opened at $286.40 on Tuesday. The stock has a market cap of $233.42 billion, a price-to-earnings ratio of 234.75, a P/E/G ratio of 10.69 and a beta of 0.94. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $302.95. The company's fifty day moving average is $230.63 and its 200 day moving average is $193.37. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.Palo Alto Networks's revenue for the quarter was up 31.1% compared to the same quarter last year. During the same period last year, the company earned $0.37 EPS. 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. Sell-side analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Insider Buying and Selling

In other news, CAO Josh D. Paul sold 1,100 shares of the firm's stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $285.08, for a total transaction of $313,588.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the transaction, the executive vice president directly owned 235,983 shares in the company, valued at approximately $61,037,002.95. This represents a 21.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 101,389 shares of company stock valued at $26,122,830. Corporate insiders own 1.40% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on PANW shares. William Blair reaffirmed an "outperform" rating on shares of Palo Alto Networks in a report on Tuesday, June 16th. Wedbush raised their target price on shares of Palo Alto Networks from $300.00 to $340.00 and gave the company an "outperform" rating in a research report on Wednesday, June 3rd. FBN Securities reaffirmed an "outperform" rating and set a $330.00 target price on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. The Goldman Sachs Group reiterated a "buy" rating and set a $330.00 price target on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, Weiss Ratings cut Palo Alto Networks from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, June 4th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Palo Alto Networks presently has an average rating of "Moderate Buy" and an average price target of $306.59.

About Palo Alto Networks

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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