Palo Alto Networks, Inc. $PANW Shares Sold by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC trimmed its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 14.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,913 shares of the network technology company's stock after selling 4,854 shares during the period. Valeo Financial Advisors LLC's holdings in Palo Alto Networks were worth $5,712,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. HWG Holdings LP acquired a new position in Palo Alto Networks in the 1st quarter valued at about $31,000. Dagco Inc. purchased a new stake in Palo Alto Networks in the 1st quarter worth approximately $33,000. WPG Advisers LLC acquired a new position in Palo Alto Networks in the 1st quarter valued at $37,000. Strategic Investment Solutions Inc. IL lifted its stake in shares of 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 purchasing an additional 83 shares during the period. Finally, Stonebridge Financial Group LLC boosted its holdings in shares of Palo Alto Networks by 46.8% during the first quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company's stock worth $40,000 after purchasing an additional 74 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company's stock.

Palo Alto Networks Stock Performance

Shares of PANW opened at $207.19 on Monday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $212.10. The stock has a 50-day moving average price of $190.20 and a 200 day moving average price of $188.24. The company has a market capitalization of $138.59 billion, a P/E ratio of 129.09, a P/E/G ratio of 4.93 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating 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 company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period in the prior year, the company posted $0.75 EPS. Palo Alto Networks's quarterly revenue 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 fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on PANW. Stephens reiterated an "equal weight" rating and issued a $205.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. UBS Group set a $245.00 price target on Palo Alto Networks in a report on Friday, September 26th. Cantor Fitzgerald reiterated an "overweight" rating and set a $223.00 price objective on shares of Palo Alto Networks in a report on Friday, August 15th. Westpark Capital restated a "hold" rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, New Street Research upped their price target on shares of Palo Alto Networks from $235.00 to $240.00 and gave the stock a "buy" rating in a research report on Friday, September 12th. Thirty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $214.64.

Insider Activity at Palo Alto Networks

In other news, EVP Lee Klarich sold 120,774 shares of the business's 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 completion of the sale, the executive vice president owned 177,954 shares of the company's stock, valued at approximately $34,008,788.94. The trade was a 40.43% 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, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the transaction, the chief executive officer directly owned 275,013 shares in the company, valued at $56,119,152.78. The trade was a 75.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,194,356 shares of company stock worth $235,092,941 over the last 90 days. Company insiders own 2.50% of the company's stock.

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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