Palo Alto Networks, Inc. $PANW Holdings Cut by Advocacy Wealth Management LLC

Advocacy Wealth Management LLC cut its stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 60.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 32,665 shares of the network technology company's stock after selling 49,322 shares during the quarter. Advocacy Wealth Management LLC's holdings in Palo Alto Networks were worth $11,139,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Trilogy Capital Inc. lifted its holdings in shares of Palo Alto Networks by 1.8% during the 2nd quarter. Trilogy Capital Inc. now owns 2,127 shares of the network technology company's stock valued at $725,000 after buying an additional 37 shares during the last quarter. Wisconsin Wealth Advisors LLC raised its position in Palo Alto Networks by 1.2% during the second quarter. Wisconsin Wealth Advisors LLC now owns 3,206 shares of the network technology company's stock valued at $1,093,000 after acquiring an additional 38 shares in the last quarter. Orrstown Financial Services Inc. lifted its stake in Palo Alto Networks by 1.2% in the second quarter. Orrstown Financial Services Inc. now owns 3,197 shares of the network technology company's stock valued at $1,090,000 after acquiring an additional 38 shares during the last quarter. WNY Asset Management LLC lifted its stake in Palo Alto Networks by 2.8% in the second quarter. WNY Asset Management LLC now owns 1,751 shares of the network technology company's stock valued at $597,000 after acquiring an additional 47 shares during the last quarter. Finally, GSG Advisors LLC grew its position in Palo Alto Networks by 0.4% in the first quarter. GSG Advisors LLC now owns 12,536 shares of the network technology company's stock worth $2,010,000 after acquiring an additional 51 shares in the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on PANW. Citigroup reiterated a "market outperform" rating on shares of Palo Alto Networks in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft raised their target price on Palo Alto Networks from $220.00 to $350.00 and gave the company a "buy" rating in a report on Wednesday, June 3rd. Cantor Fitzgerald boosted their price target on Palo Alto Networks from $340.00 to $425.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 19th. Truist Financial set a $435.00 price objective on Palo Alto Networks and gave the company a "buy" rating in a report on Wednesday, August 19th. Finally, Berenberg Bank raised their price objective on Palo Alto Networks from $290.00 to $360.00 and gave the company a "buy" rating in a research note on Wednesday, June 3rd. One investment 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 given a Sell rating to the stock. Based on data from MarketBeat, Palo Alto Networks currently has an average rating of "Moderate Buy" and a consensus target price of $368.42.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $371.59 on Monday. The firm has a market cap of $302.85 billion, a P/E ratio of 304.58, a price-to-earnings-growth ratio of 11.74 and a beta of 0.91. The firm's 50-day simple moving average is $344.62 and its 200-day simple moving average is $249.03. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $398.88. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

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, topping the consensus estimate of $0.79 by $0.06. The firm had revenue of $3 billion during 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 prior year, the business 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. As a group, research analysts expect that Palo Alto Networks, Inc. will post 2.01 EPS for the current fiscal year.

Key Palo Alto Networks News

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

• Positive Sentiment: Benchmark raised its price target to $400 from $340 and maintained a Buy rating, citing potential upside to next-generation security annual recurring revenue, revenue, operating income and margins. The forecast reinforces expectations that Palo Alto Networks’ AI-security strategy is gaining traction. Palo Alto Networks Gets a $400 Target
• Positive Sentiment: Investors are taking confidence from CrowdStrike’s stronger-than-expected results, which highlighted robust AI-related cybersecurity demand and lifted sentiment across the sector. Palo Alto Networks is viewed as a potential beneficiary of the same spending cycle. Palo Alto Networks Stock Trades Up
• Positive Sentiment: Platformization, adoption of AI-security products and recent deal wins are expected to support fourth-quarter growth. BTIG also assigned PANW a Buy rating, adding to broadly favorable analyst coverage. Palo Alto Networks to Report Q4 Earnings
• Neutral Sentiment: Earnings are the next major catalyst. Traders expect potentially significant movement after the report, while analysts are watching recurring revenue, margins, operating income and guidance—not just revenue and EPS. Expected Post-Earnings Stock Move
• Negative Sentiment: Acquisition-related costs could pressure results, and the stock’s triple-digit P/E ratio—above 300 based on the supplied data—means much of the AI-growth outlook may already be reflected in the price. Any shortfall in growth or guidance could trigger profit-taking. Palo Alto’s Rally Has One Big Problem Ahead of Earnings
• Negative Sentiment: Chief Accounting Officer Josh D. Paul sold 900 shares for approximately $318,000, reducing his position by 1.21%. The transaction is small relative to his remaining holdings but may create a modest sentiment headwind. Palo Alto Networks Insider Sale

Insiders Place Their Bets

In related news, Director James J. Goetz sold 20,000 shares of the firm's stock in a transaction that occurred on Friday, June 12th. The stock was 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 in the company, valued at $5,598,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John P. Key sold 7,500 shares of the firm's stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.24, for a total value of $2,094,300.00. Following the transaction, the director owned 12,500 shares of the company's stock, valued at $3,490,500. This trade represents a 37.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 37,735 shares of company stock worth $10,814,266 in the last 90 days. 1.40% of the stock is owned by corporate insiders.

Palo Alto Networks Company 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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