Palo Alto Networks, Inc. $PANW Shares Sold by SGL Investment Advisors Inc.

Key Points

• SGL Investment Advisors Inc. reduced its stake in Palo Alto Networks (PANW) by 7.3%, now holding 23,689 shares valued at approximately $4.83 million.
• Analysts have given Palo Alto Networks a consensus rating of "Moderate Buy" with a target price around $214.64, reflecting confidence in the company's growth potential.
• Notable insider activity includes Lee Klarich selling over 120,000 shares for more than $23 million, indicating possible strategic repositioning within the company.

SGL Investment Advisors Inc. trimmed its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 7.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,689 shares of the network technology company's stock after selling 1,866 shares during the period. Palo Alto Networks makes up 2.3% of SGL Investment Advisors Inc.'s portfolio, making the stock its 15th biggest position. SGL Investment Advisors Inc.'s holdings in Palo Alto Networks were worth $4,832,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in PANW. HWG Holdings LP acquired a new stake in Palo Alto Networks during the 1st quarter valued at $31,000. Dagco Inc. acquired a new position in Palo Alto Networks during the 1st quarter worth $33,000. WPG Advisers LLC acquired a new position in Palo Alto Networks during the 1st quarter worth $37,000. Strategic Investment Solutions Inc. IL grew its holdings in Palo Alto Networks by 58.9% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company's stock worth $38,000 after acquiring an additional 83 shares in the last quarter. Finally, Stonebridge Financial Group LLC grew its holdings in Palo Alto Networks by 46.8% during the 1st quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company's stock worth $40,000 after acquiring an additional 74 shares in the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on PANW. Tigress Financial began coverage on shares of Palo Alto Networks in a report on Friday, September 26th. They set a "buy" rating and a $245.00 price objective for the company. Morgan Stanley raised their price objective on shares of Palo Alto Networks from $210.00 to $216.00 and gave the stock an "overweight" rating in a report on Tuesday, September 2nd. New Street Research raised their price objective on shares of Palo Alto Networks from $235.00 to $240.00 and gave the stock a "buy" rating in a report on Friday, September 12th. UBS Group set a $245.00 price target on shares of Palo Alto Networks in a research report on Friday, September 26th. Finally, Jefferies Financial Group set a $235.00 price target on shares of Palo Alto Networks in a research report on Tuesday, July 29th. Thirty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $214.64.

Palo Alto Networks Stock Up 2.6%

Shares of NASDAQ:PANW opened at $212.58 on Tuesday. The company has a market cap of $142.19 billion, a PE ratio of 132.45, a P/E/G ratio of 4.93 and a beta of 0.98. The company's 50-day moving average price is $190.36 and its 200 day moving average price is $188.45. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $213.85.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to analysts' expectations of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. Palo Alto Networks's quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the company earned $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. As a group, equities analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Activity

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the firm's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the transaction, the executive vice president owned 177,954 shares of the company's stock, valued at approximately $34,008,788.94. This trade represents a 40.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the firm's stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the transaction, the executive vice president directly owned 96,135 shares in the company, valued at approximately $19,629,805.65. The trade was a 4.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,194,356 shares of company stock worth $235,092,941 in the last 90 days. 2.50% of the stock is currently owned by corporate insiders.

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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