Palo Alto Networks, Inc. $PANW Stock Holdings Decreased by Insight Inv LLC

Insight Inv LLC reduced its position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 93.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,219 shares of the network technology company's stock after selling 18,162 shares during the period. Insight Inv LLC's holdings in Palo Alto Networks were worth $249,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. HWG Holdings LP acquired a new position in Palo Alto Networks in the 1st quarter valued at approximately $31,000. Dagco Inc. acquired a new position in Palo Alto Networks in the 1st quarter valued at approximately $33,000. WPG Advisers LLC acquired a new position in Palo Alto Networks in the 1st quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL increased its stake in Palo Alto Networks by 58.9% in the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company's stock valued at $38,000 after buying an additional 83 shares during the period. Finally, Stonebridge Financial Group LLC increased its stake in Palo Alto Networks by 46.8% in the 1st quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company's stock valued at $40,000 after buying an additional 74 shares during the period. 79.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PANW. JMP Securities reiterated a "market outperform" rating and issued a $212.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Guggenheim upped their price objective on shares of Palo Alto Networks from $130.00 to $135.00 and gave the company a "sell" rating in a research note on Tuesday, August 19th. KeyCorp lowered shares of Palo Alto Networks from an "overweight" rating to a "sector weight" rating in a research note on Thursday, July 31st. BMO Capital Markets boosted their target price on shares of Palo Alto Networks from $217.00 to $225.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 19th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Palo Alto Networks in a research report on Wednesday. Twenty-eight analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $214.95.

Insider Buying and Selling at Palo Alto Networks

In related news, CEO Nikesh Arora sold 846,408 shares of the company's stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the sale, the chief executive officer directly owned 275,013 shares of the company's stock, valued at approximately $56,119,152.78. This represents a 75.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Josh D. Paul sold 700 shares of the company's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total transaction of $141,512.00. Following the sale, the chief accounting officer directly owned 32,474 shares of the company's stock, valued at approximately $6,564,943.84. This represents a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,315,130 shares of company stock worth $260,687,367 in the last quarter. 2.50% of the stock is owned by corporate insiders.

Palo Alto Networks Trading Up 3.2%

NASDAQ PANW opened at $217.79 on Thursday. The company has a fifty day simple moving average of $191.40 and a 200 day simple moving average of $188.81. The company has a market cap of $145.68 billion, a P/E ratio of 135.69, a P/E/G ratio of 5.02 and a beta of 0.98. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $217.94.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted 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. The business 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%. Palo Alto Networks's quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the prior 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 research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

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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