Game Plan Financial Advisors LLC Sells 7,407 Shares of Palo Alto Networks, Inc. $PANW

Key Points

• Game Plan Financial Advisors LLC reduced its stake in Palo Alto Networks by 75.4%, selling 7,407 shares, which left them with a total of 2,419 shares valued at $413,000.
• Vanguard Group Inc. and Goldman Sachs Group Inc. have increased their holdings in Palo Alto Networks by 2.5% and 41.9%, respectively, indicating continued confidence from large institutional investors.
• Palo Alto Networks reported a net margin of 12.30% and a year-over-year revenue increase of 15.8%, reflecting strong quarterly performance and exceeding analysts' expectations.

Game Plan Financial Advisors LLC reduced its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 75.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,419 shares of the network technology company's stock after selling 7,407 shares during the quarter. Game Plan Financial Advisors LLC's holdings in Palo Alto Networks were worth $413,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Capital A Wealth Management LLC acquired a new position in Palo Alto Networks during the fourth quarter worth $29,000. HWG Holdings LP acquired a new stake in shares of Palo Alto Networks in the first quarter valued at $31,000. Dagco Inc. acquired a new stake in shares of Palo Alto Networks in the first quarter valued at $33,000. SWAN Capital LLC increased its stake in shares of Palo Alto Networks by 100.0% in the fourth quarter. SWAN Capital LLC now owns 200 shares of the network technology company's stock valued at $36,000 after buying an additional 100 shares in the last quarter. Finally, Glen Eagle Advisors LLC increased its stake in shares of Palo Alto Networks by 100.0% in the fourth quarter. Glen Eagle Advisors LLC now owns 212 shares of the network technology company's stock valued at $39,000 after buying an additional 106 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the transaction, the executive vice president owned 3,143,516 shares in the company, valued at $543,199,564.80. The trade was a 3.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total value of $23,081,119.14. Following the transaction, the executive vice president owned 177,954 shares in the company, valued at $34,008,788.94. This trade represents a 40.43% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 569,422 shares of company stock worth $106,629,618. Company insiders own 2.50% of the company's stock.

Palo Alto Networks Stock Performance

PANW traded up $1.00 during midday trading on Thursday, reaching $198.33. 4,324,740 shares of the company were exchanged, compared to its average volume of 6,431,144. 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 capitalization of $132.66 billion, a P/E ratio of 123.57, a PEG ratio of 4.71 and a beta of 0.98. The stock's 50-day simple moving average is $188.20 and its 200 day simple moving average is $185.83.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its earnings results 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. 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 for the quarter, compared to analysts' expectations of $2.50 billion. During the same quarter last year, the business earned $0.75 earnings per share. The company's revenue 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. On average, research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on PANW shares. Westpark Capital restated a "hold" rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Stephens reiterated an "equal weight" rating and issued a $205.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. UBS Group set a $185.00 price objective on Palo Alto Networks and gave the stock a "neutral" rating in a research report on Tuesday, August 12th. Northland Securities lowered their price objective on Palo Alto Networks from $210.00 to $177.00 and set a "market perform" rating for the company in a research report on Wednesday, May 21st. Finally, DA Davidson reiterated a "buy" rating and issued a $215.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Twenty-eight investment 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's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $211.68.

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.