Goldstream Capital Management Ltd Sells 9,601 Shares of Palo Alto Networks, Inc. $PANW

Key Points

• Goldstream Capital Management Ltd sold 9,601 shares of Palo Alto Networks, reducing its holdings by 49.1%, leaving it with 9,941 shares valued at approximately $1.7 million.
• Several analysts have reaffirmed positive ratings for Palo Alto Networks, with price targets ranging from $212.00 to $235.00, suggesting a consensus rating of "Moderate Buy."
• Palo Alto Networks reported a 15.8% increase in revenue year-over-year for the last quarter, reaching $2.54 billion, and exceeded earnings per share estimates by $0.06.

Goldstream Capital Management Ltd trimmed its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 49.1% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,941 shares of the network technology company's stock after selling 9,601 shares during the quarter. Palo Alto Networks accounts for 0.8% of Goldstream Capital Management Ltd's holdings, making the stock its 14th biggest position. Goldstream Capital Management Ltd's holdings in Palo Alto Networks were worth $1,696,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of PANW. Transce3nd LLC acquired a new position in shares of Palo Alto Networks in the fourth quarter valued at approximately $25,000. Capital A Wealth Management LLC bought a new stake in Palo Alto Networks in the 4th quarter valued at $29,000. HWG Holdings LP bought a new position in Palo Alto Networks during the 1st quarter worth about $31,000. Dagco Inc. acquired a new stake in shares of Palo Alto Networks in the 1st quarter valued at about $33,000. Finally, SWAN Capital LLC raised its stake in shares of Palo Alto Networks by 100.0% in the 4th quarter. SWAN Capital LLC now owns 200 shares of the network technology company's stock valued at $36,000 after purchasing an additional 100 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently weighed in on PANW shares. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $232.00 price objective on shares of Palo Alto Networks in a research report on Tuesday. JMP Securities reaffirmed a "market outperform" rating and set a $212.00 price target on shares of Palo Alto Networks in a research report on Tuesday. Westpark Capital reaffirmed a "hold" rating on shares of Palo Alto Networks in a research note on Tuesday. Wells Fargo & Company boosted their price objective on shares of Palo Alto Networks from $225.00 to $235.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 21st. Finally, TD Securities reissued a "buy" rating and issued a $230.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, May 21st. Twenty-eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $211.52.

Palo Alto Networks Price Performance

Shares of PANW stock opened at $184.43 on Thursday. The company has a fifty day moving average price of $191.11 and a two-hundred day moving average price of $186.31. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $210.39. The stock has a market cap of $122.98 billion, a P/E ratio of 114.91, a P/E/G ratio of 4.46 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period in the previous year, the business earned $0.75 EPS. Palo Alto Networks's revenue for the quarter was up 15.8% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. As a group, equities research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Activity at Palo Alto Networks

In related news, Director Aparna Bawa sold 526 shares of the business's stock in a transaction that occurred on Friday, May 30th. The stock was sold at an average price of $190.00, for a total transaction of $99,940.00. Following the transaction, the director directly owned 8,632 shares of the company's stock, valued at approximately $1,640,080. The trade was a 5.74% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Nir Zuk sold 100,000 shares of the firm's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the sale, the executive vice president directly owned 3,143,516 shares of the company's stock, valued at $543,199,564.80. This represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 669,248 shares of company stock worth $126,423,337 in the last three months. 2.50% of the stock is owned by company insiders.

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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