Palo Alto Networks, Inc. $PANW Stock Position Decreased by Trexquant Investment LP

Key Points

• Trexquant Investment LP significantly reduced its stake in Palo Alto Networks by 66.7% during the first quarter, leaving them with 28,846 shares valued at approximately $4.92 million.
• Palo Alto Networks reported $0.95 EPS for the last quarter, surpassing analysts' expectations with revenue growth of 15.8% year-over-year, amounting to $2.54 billion.
• Multiple research analysts have maintained "buy" ratings for Palo Alto Networks, with target prices ranging between $221 and $235, contributing to a consensus rating of "Moderate Buy".

Trexquant Investment LP cut its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 66.7% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 28,846 shares of the network technology company's stock after selling 57,776 shares during the period. Trexquant Investment LP's holdings in Palo Alto Networks were worth $4,922,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in PANW. Brighton Jones LLC boosted its position in Palo Alto Networks by 147.7% during the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock worth $1,230,000 after purchasing an additional 4,031 shares during the period. Bank Pictet & Cie Europe AG boosted its position in Palo Alto Networks by 115.6% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 43,985 shares of the network technology company's stock worth $8,004,000 after purchasing an additional 23,586 shares during the period. Bison Wealth LLC boosted its position in Palo Alto Networks by 169.1% during the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company's stock worth $948,000 after purchasing an additional 3,275 shares during the period. AlTi Global Inc. boosted its position in Palo Alto Networks by 104.5% during the 4th quarter. AlTi Global Inc. now owns 4,093 shares of the network technology company's stock worth $731,000 after purchasing an additional 2,092 shares during the period. Finally, Aptus Capital Advisors LLC boosted its position in Palo Alto Networks by 152.0% during the 4th quarter. Aptus Capital Advisors LLC now owns 6,240 shares of the network technology company's stock worth $1,135,000 after purchasing an additional 3,764 shares during the period. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Stock Down 0.3%

Shares of PANW traded down $0.50 during midday trading on Monday, hitting $190.52. The company had a trading volume of 5,189,897 shares, compared to its average volume of 10,595,628. The company's 50 day moving average price is $189.14 and its 200 day moving average price is $185.92. The stock has a market cap of $127.04 billion, a price-to-earnings ratio of 118.70, a PEG ratio of 4.55 and a beta of 0.98. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $210.39.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released 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. The company had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company's revenue was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the firm 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. Equities analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Activity at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the business's stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $201.85, for a total value of $1,009,250.00. Following the completion of the sale, the executive vice president owned 101,135 shares of the company's stock, valued at approximately $20,414,099.75. The trade was a 4.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nir Zuk sold 100,000 shares of the business's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the sale, the executive vice president directly owned 3,143,516 shares of the company's stock, valued at approximately $543,199,564.80. This represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 569,422 shares of company stock worth $107,116,337 over the last quarter. Company insiders own 2.50% of the company's stock.

Wall Street Analyst Weigh In

PANW has been the subject of a number of research reports. Wells Fargo & Company upped their price target on shares of Palo Alto Networks from $225.00 to $235.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 21st. Truist Financial set a $220.00 price objective on shares of Palo Alto Networks and gave the stock a "buy" rating in a report on Tuesday, August 19th. Rosenblatt Securities cut their price objective on shares of Palo Alto Networks from $235.00 to $215.00 and set a "buy" rating on the stock in a report on Thursday, August 14th. Piper Sandler upgraded shares of Palo Alto Networks from a "neutral" rating to an "overweight" rating and boosted their price objective for the stock from $200.00 to $225.00 in a report on Tuesday, August 12th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Palo Alto Networks from $225.00 to $221.00 and set an "overweight" rating on the stock in a report on Wednesday, May 21st. Twenty-eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $211.52.

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.