Palo Alto Networks, Inc. $PANW Shares Sold by Silver Oak Securities Incorporated

Key Points

• Silver Oak Securities Incorporated has reduced its holdings in Palo Alto Networks, Inc. by 72.2%, now owning 3,450 shares valued at approximately $706,000.
• Palo Alto Networks reported $0.95 earnings per share (EPS) for the last quarter, exceeding analyst expectations of $0.89, with a year-over-year revenue increase of 15.8%.
• The stock has received multiple buy ratings from analysts, with target prices ranging from $205 to $240, indicating a strong outlook for the company's growth.

Silver Oak Securities Incorporated trimmed its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 72.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,450 shares of the network technology company's stock after selling 8,962 shares during the quarter. Silver Oak Securities Incorporated's holdings in Palo Alto Networks were worth $706,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PANW. Capital A Wealth Management LLC acquired a new position in Palo Alto Networks during the 4th quarter valued at about $29,000. HWG Holdings LP bought a new position in shares of Palo Alto Networks in the first quarter valued at approximately $31,000. Dagco Inc. bought a new position in shares of Palo Alto Networks in the first quarter valued at approximately $33,000. SWAN Capital LLC boosted its holdings 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 acquiring an additional 100 shares in the last quarter. Finally, WPG Advisers LLC bought a new position in shares of Palo Alto Networks in the first quarter valued at approximately $37,000. 79.82% of the stock is owned by institutional investors.

Insider Activity at Palo Alto Networks

In related news, EVP Nir Zuk sold 100,000 shares of the business's stock in a transaction that occurred on Friday, August 1st. The stock was 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 owned 3,143,516 shares of the company's stock, valued at approximately $543,199,564.80. The trade was a 3.08% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Lee Klarich sold 120,774 shares of the business's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the completion of the sale, the executive vice president directly owned 177,954 shares of the company's stock, valued at $34,008,788.94. This represents a 40.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 563,622 shares of company stock valued at $105,459,528. 2.50% of the stock is owned by corporate insiders.

Palo Alto Networks Stock Up 1.2%

Shares of NASDAQ:PANW opened at $208.19 on Monday. The firm has a fifty day moving average of $188.60 and a two-hundred day moving average of $186.59. The firm has a market capitalization of $139.26 billion, a P/E ratio of 129.71, a price-to-earnings-growth ratio of 4.96 and a beta of 0.98. 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 announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) 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 business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same period last year, the company earned $0.75 earnings per share. Palo Alto Networks's quarterly 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. Equities research analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PANW has been the subject of a number of research analyst reports. New Street Research upped their target price on Palo Alto Networks from $235.00 to $240.00 and gave the stock a "buy" rating in a research report on Friday, September 12th. Stephens reissued an "equal weight" rating and issued a $205.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $223.00 target price on shares of Palo Alto Networks in a report on Friday, August 15th. Jefferies Financial Group set a $235.00 target price on Palo Alto Networks in a report on Tuesday, July 29th. Finally, Needham & Company LLC restated a "buy" rating and set a $230.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, September 3rd. Twenty-nine research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Palo Alto Networks presently has an average rating of "Moderate Buy" and an average price target of $212.39.

Palo Alto Networks 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.

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