Palo Alto Networks, Inc. $PANW Shares Sold by Blair William & Co. IL

Blair William & Co. IL reduced its position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 1.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,157,886 shares of the network technology company's stock after selling 20,762 shares during the period. Blair William & Co. IL owned approximately 0.17% of Palo Alto Networks worth $236,950,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of PANW. St. Clair Advisors LLC grew its stake in Palo Alto Networks by 0.3% during the 2nd quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company's stock valued at $3,233,000 after acquiring an additional 50 shares in the last quarter. Csenge Advisory Group lifted its position in shares of Palo Alto Networks by 2.4% in the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company's stock worth $381,000 after purchasing an additional 53 shares in the last quarter. TFG Advisers LLC boosted its holdings in shares of Palo Alto Networks by 1.1% during the second quarter. TFG Advisers LLC now owns 4,668 shares of the network technology company's stock worth $955,000 after purchasing an additional 53 shares during the period. GSG Advisors LLC grew its position in Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company's stock valued at $2,154,000 after purchasing an additional 54 shares in the last quarter. Finally, SYM FINANCIAL Corp increased its stake in Palo Alto Networks by 1.4% in the 1st quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company's stock valued at $691,000 after buying an additional 55 shares during the period. Institutional investors and hedge funds own 79.82% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on PANW shares. KeyCorp lowered shares of Palo Alto Networks from an "overweight" rating to a "sector weight" rating in a research note on Thursday, July 31st. Stephens reissued an "equal weight" rating and set a $205.00 price objective 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 target price on the stock in a research report on Tuesday, August 19th. DA Davidson reiterated a "buy" rating and set a $215.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, New Street Research boosted their price target on Palo Alto Networks from $235.00 to $240.00 and gave the company a "buy" rating in a research note on Friday, September 12th. Twenty-eight analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $214.95.

Palo Alto Networks Stock Performance

Shares of NASDAQ PANW opened at $217.79 on Thursday. The business's 50-day simple moving average is $191.40 and its 200-day simple moving average is $188.81. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $217.94. The firm has a market cap of $145.68 billion, a price-to-earnings ratio of 135.69, a P/E/G ratio of 5.02 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its earnings results 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 return on equity of 17.66% and a net margin of 12.30%.The firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same period in the previous year, the company earned $0.75 EPS. The company's revenue for the quarter was up 15.8% on a year-over-year basis. 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 forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of the business's stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total transaction of $141,512.00. Following the completion of the transaction, the chief accounting officer owned 32,474 shares of the company's stock, valued at $6,564,943.84. The trade was a 2.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of the company's stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer owned 275,013 shares of the company's stock, valued at $56,119,152.78. This trade represents a 75.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,315,130 shares of company stock worth $260,687,367. Corporate insiders own 2.50% of the company's stock.

About Palo Alto Networks

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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