Palo Alto Networks, Inc. $PANW Stock: Postrock Partners LLC Reduces Position

Key Points

• Postrock Partners cut its Palo Alto Networks stake by 82.8% in the third quarter, selling 5,623 shares and retaining 1,170 shares valued at about $465,000.
• Palo Alto Networks beat quarterly earnings and revenue estimates, with revenue up 34.5% year over year; the company also issued fiscal 2027 earnings guidance.
• Insiders sold 54,210 shares worth about $20.8 million over 90 days. Analysts’ consensus remained “Moderate Buy,” with an average price target of $398.55.

Postrock Partners LLC lessened its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 82.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,170 shares of the network technology company's stock after selling 5,623 shares during the period. Postrock Partners LLC's holdings in Palo Alto Networks were worth $465,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Solstein Capital LLC purchased a new position in Palo Alto Networks in the second quarter valued at approximately $26,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Palo Alto Networks during the 2nd quarter worth approximately $27,000. Delos Wealth Advisors LLC purchased a new stake in shares of Palo Alto Networks during the 2nd quarter worth approximately $28,000. Principia Wealth Advisory LLC lifted its position in shares of Palo Alto Networks by 125.0% during the 2nd quarter. Principia Wealth Advisory LLC now owns 81 shares of the network technology company's stock worth $28,000 after buying an additional 45 shares during the last quarter. Finally, Putney Financial Group LLC acquired a new position in shares of Palo Alto Networks in the 3rd quarter valued at $31,000. Hedge funds and other institutional investors own 79.82% of the company's stock.

Insider Buying and Selling at Palo Alto Networks

In related news, Director Aparna Bawa sold 250 shares of the firm's stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $412.28, for a total transaction of $103,070.00. Following the transaction, the director owned 4,427 shares of the company's stock, valued at $1,825,163.56. This trade represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director John P. Key sold 2,500 shares of the business's stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $376.03, for a total value of $940,075.00. Following the completion of the transaction, the director owned 10,000 shares in the company, valued at $3,760,300. This trade represents a 20.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 54,210 shares of company stock valued at $20,823,029. Corporate insiders own 1.40% of the company's stock.

Palo Alto Networks Stock Down 9.6%

PANW stock opened at $314.67 on Friday. The company has a market cap of $257.64 billion, a price-to-earnings ratio of 617.01, a price-to-earnings-growth ratio of 9.98 and a beta of 0.96. The company has a fifty day moving average price of $371.68 and a 200 day moving average price of $272.93. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.87 and a quick ratio of 0.87. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $432.33.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings data on Tuesday, September 1st. The network technology company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.04. The company had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.35 billion. Palo Alto Networks had a net margin of 2.67% and a return on equity of 8.50%. Palo Alto Networks's revenue for the quarter was up 34.5% on a year-over-year basis. During the same period last year, the firm posted $0.95 EPS. 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. Sell-side analysts expect that Palo Alto Networks, Inc. will post 2.32 earnings per share for the current year.

Wall Street Analysts Forecast Growth

PANW has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $430.00 target price (up from $350.00) on shares of Palo Alto Networks in a research report on Wednesday, September 2nd. New Street Research set a $415.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 18th. Wedbush initiated coverage on Palo Alto Networks in a report on Friday, September 11th. They set an "outperform" rating and a $400.00 price objective on the stock. Scotiabank cut Palo Alto Networks from a "sector outperform" rating to a "hold" rating in a research report on Wednesday, September 2nd. Finally, DA Davidson boosted their target price on Palo Alto Networks from $345.00 to $420.00 and gave the company a "buy" rating in a report on Wednesday, September 2nd. Thirty-nine research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $398.55.

Palo Alto Networks Profile

Palo Alto Networks, Inc NASDAQ: PANW is a global cybersecurity company that helps organizations protect networks, cloud environments, endpoints, and digital infrastructure. Its offerings are designed to prevent cyberattacks, identify security risks, monitor activity, and support incident response across enterprise, government, and service-provider environments.

The company's portfolio includes network security products such as next-generation firewalls and security operations tools; Prisma, its cloud security platform; and Cortex, a suite focused on endpoint protection, threat detection, security analytics, and automated response.

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