Palo Alto Networks, Inc. $PANW Stock Holdings Lowered by Quintet Private Bank Europe S.A.

Key Points

• Quintet Private Bank Europe cut its Palo Alto Networks stake by 65.7% in the third quarter, selling 112,290 shares and retaining 58,631 shares valued at approximately $23.3 million. Institutional investors collectively own 79.82% of PANW.
• Palo Alto Networks reported quarterly EPS of $1.02, exceeding the $0.98 consensus estimate, while revenue rose 34.5% year over year to $3.41 billion. The company issued fiscal 2027 EPS guidance of $4.16–$4.19.
• PANW shares recently traded at $400.13, near their one-year high of $432.33. Analysts maintain a “Moderate Buy” consensus rating, with an average price target of $391.32, although Citigroup downgraded the stock to “neutral.”

Quintet Private Bank Europe S.A. lowered its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 65.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,631 shares of the network technology company's stock after selling 112,290 shares during the quarter. Palo Alto Networks accounts for about 1.1% of Quintet Private Bank Europe S.A.'s investment portfolio, making the stock its 25th biggest holding. Quintet Private Bank Europe S.A.'s holdings in Palo Alto Networks were worth $23,295,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Venture Visionary Partners LLC boosted its holdings in shares of Palo Alto Networks by 0.4% in the third quarter. Venture Visionary Partners LLC now owns 55,758 shares of the network technology company's stock worth $22,153,000 after buying an additional 216 shares during the last quarter. Retirement Wealth Solutions LLC grew its position in shares of Palo Alto Networks by 59.3% during the 3rd quarter. Retirement Wealth Solutions LLC now owns 137 shares of the network technology company's stock valued at $54,000 after acquiring an additional 51 shares during the period. Cooper Financial Group increased its stake in shares of Palo Alto Networks by 32.6% in the 3rd quarter. Cooper Financial Group now owns 9,330 shares of the network technology company's stock worth $3,707,000 after purchasing an additional 2,295 shares in the last quarter. Canandaigua National Trust Co of Florida purchased a new position in Palo Alto Networks during the third quarter valued at $1,351,000. Finally, Exchange Bank bought a new stake in Palo Alto Networks during the third quarter valued at about $224,000. 79.82% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Palo Alto Networks

In related news, Director John Key sold 2,500 shares of the company's stock in a transaction on Monday, September 14th. The shares were sold at an average price of $376.03, for a total transaction of $940,075.00. Following the sale, the director owned 10,000 shares of the company's stock, valued at $3,760,300. This represents a 20.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Aparna Bawa sold 1,000 shares of Palo Alto Networks stock in a transaction on Monday, September 14th. The stock was sold at an average price of $373.61, for a total transaction of $373,610.00. Following the completion of the transaction, the director directly owned 5,437 shares of the company's stock, valued at $2,031,317.57. The trade was a 15.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 53,960 shares of company stock worth $20,719,959 over the last three months. 1.40% of the stock is owned by company insiders.

Palo Alto Networks Price Performance

PANW traded down $5.44 during trading on Thursday, hitting $400.13. 1,596,948 shares of the company traded hands, compared to its average volume of 8,253,771. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.06. The company has a market cap of $327.30 billion, a PE ratio of 785.81, a P/E/G ratio of 12.09 and a beta of 0.93. The stock's 50-day simple moving average is $367.69 and its two-hundred day simple moving average is $290.71. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $432.33.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its quarterly earnings data on Tuesday, September 1st. The network technology company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.98 by $0.04. Palo Alto Networks had a net margin of 2.67% and a return on equity of 8.50%. The business had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.35 billion. During the same quarter in the prior year, the firm earned $0.95 EPS. The business's revenue was up 34.5% on a year-over-year basis. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. As a group, sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.31 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently commented on PANW. Northland Securities set a $360.00 price objective on Palo Alto Networks and gave the stock a "market perform" rating in a research note on Wednesday, September 2nd. Argus reaffirmed a "buy" rating and set a $425.00 price target on shares of Palo Alto Networks in a report on Thursday, September 3rd. William Blair reissued an "outperform" rating on shares of Palo Alto Networks in a research note on Tuesday, June 16th. Citigroup cut shares of Palo Alto Networks from a "buy" rating to a "neutral" rating in a research note on Monday, September 7th. Finally, Royal Bank Of Canada increased their price target on Palo Alto Networks from $434.00 to $475.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 2nd. Thirty-eight research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $391.32.

About Palo Alto Networks

Palo Alto Networks, Inc is a cybersecurity company that provides solutions designed to help organizations protect networks, endpoints, cloud environments, applications and users from cyber threats. Its offerings include next-generation firewalls, cloud-delivered security services, secure access service edge (SASE) solutions, endpoint protection and security operations tools.

The company also provides platforms and services for cloud security, threat intelligence, incident response, vulnerability management and the automation of security operations.

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