Monetary Management Group Inc. Lowers Position in Palo Alto Networks, Inc. $PANW

Key Points

• Monetary Management Group Inc. reduced its stake in Palo Alto Networks by 25.7%, selling 2,290 shares and bringing its total holdings to 6,620 shares valued at approximately $1.13 million.
• Multiple hedge funds increased their holdings in Palo Alto Networks, with Compound Planning Inc. boosting its stake by 24% and Bragg Financial Advisors Inc. increasing theirs by 471.7% in the first quarter.
• Palo Alto Networks reported quarterly earnings of $0.95 per share, surpassing estimates, and is guiding for FY 2026 EPS of $3.750-3.850, indicating positive growth prospects.

Monetary Management Group Inc. lessened its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 25.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,620 shares of the network technology company's stock after selling 2,290 shares during the quarter. Monetary Management Group Inc.'s holdings in Palo Alto Networks were worth $1,130,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Transce3nd LLC bought a new position in Palo Alto Networks in the 4th quarter valued at $25,000. Capital A Wealth Management LLC bought a new position in Palo Alto Networks in the 4th quarter valued at $29,000. HWG Holdings LP bought a new position in Palo Alto Networks in the 1st quarter valued at $31,000. Dagco Inc. bought a new position in Palo Alto Networks in the 1st quarter valued at $33,000. Finally, SWAN Capital LLC grew its stake in 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. Institutional investors own 79.82% of the company's stock.

Insider Buying and Selling

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the firm's stock in a transaction dated Monday, June 23rd. The stock was sold at an average price of $201.85, for a total value of $1,009,250.00. Following the sale, the executive vice president owned 101,135 shares of the company's stock, valued at $20,414,099.75. This trade represents a 4.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Nir Zuk sold 100,000 shares of the firm's stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 3,143,516 shares in the company, valued at approximately $543,199,564.80. The trade was a 3.08% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 669,948 shares of company stock worth $126,552,277. Company insiders own 2.50% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on PANW. Piper Sandler raised Palo Alto Networks from a "neutral" rating to an "overweight" rating and upped their price target for the company from $200.00 to $225.00 in a research report on Tuesday, August 12th. 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, August 19th. Westpark Capital reaffirmed a "hold" rating on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Bank of America raised Palo Alto Networks from a "neutral" rating to a "buy" rating and set a $215.00 price target on the stock in a research report on Tuesday, August 19th. Finally, Morgan Stanley upped their price target on Palo Alto Networks from $205.00 to $210.00 and gave the company an "overweight" rating in a research report on Wednesday. Twenty-eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $211.52.

Palo Alto Networks Stock Up 1.4%

PANW traded up $2.56 during trading on Friday, reaching $185.88. 6,857,662 shares of the company were exchanged, compared to its average volume of 14,063,346. The company's 50-day moving average is $190.61 and its two-hundred day moving average is $186.32. The company has a market cap of $123.94 billion, a price-to-earnings ratio of 115.81, a P/E/G ratio of 4.53 and a beta of 0.94. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $210.39.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.89 by $0.06. The business had revenue of $2.54 billion for the quarter, compared to analysts' expectations 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 quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Equities analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Palo Alto Networks Company 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.