Valeo Financial Advisors LLC Has $7.87 Million Stock Position in Palo Alto Networks, Inc. $PANW

Key Points

• Valeo Financial Advisors LLC reduced its Palo Alto Networks stake by 10.7% in the second quarter, selling 2,766 shares and retaining 23,089 shares valued at $7.87 million. Institutional investors collectively own 79.82% of the company.
• Palo Alto Networks reported quarterly EPS of $0.85, exceeding the $0.79 consensus estimate, while revenue reached $3 billion, up 31.1% year over year. The stock opened at $363.86 and has a 12-month range of $139.57 to $376.98.
• Analysts remain broadly bullish, with a consensus rating of “Moderate Buy” and an average price target of $333.76. Meanwhile, insiders sold 101,239 shares worth approximately $27.17 million over the past three months.

Valeo Financial Advisors LLC cut its stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 10.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,089 shares of the network technology company's stock after selling 2,766 shares during the period. Valeo Financial Advisors LLC's holdings in Palo Alto Networks were worth $7,870,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Trilogy Capital Inc. grew its position in Palo Alto Networks by 1.8% in the second quarter. Trilogy Capital Inc. now owns 2,127 shares of the network technology company's stock valued at $725,000 after acquiring an additional 37 shares during the period. Wisconsin Wealth Advisors LLC lifted its holdings in shares of Palo Alto Networks by 1.2% during the second quarter. Wisconsin Wealth Advisors LLC now owns 3,206 shares of the network technology company's stock valued at $1,093,000 after acquiring an additional 38 shares during the period. GSG Advisors LLC lifted its holdings in shares of Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,536 shares of the network technology company's stock valued at $2,010,000 after acquiring an additional 51 shares during the period. Outfitters Financial LLC boosted its stake in shares of Palo Alto Networks by 1.7% in the 4th quarter. Outfitters Financial LLC now owns 3,265 shares of the network technology company's stock valued at $601,000 after purchasing an additional 55 shares in the last quarter. Finally, Arlington Trust Co LLC boosted its stake in shares of Palo Alto Networks by 8.5% in the 2nd quarter. Arlington Trust Co LLC now owns 703 shares of the network technology company's stock valued at $240,000 after purchasing an additional 55 shares in the last quarter. Institutional investors own 79.82% of the company's stock.

Palo Alto Networks Stock Performance

Palo Alto Networks stock opened at $363.86 on Friday. The stock has a 50-day simple moving average of $317.88 and a 200 day simple moving average of $228.20. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $376.98. The stock has a market capitalization of $296.55 billion, a price-to-earnings ratio of 298.25, a P/E/G ratio of 12.21 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the prior year, the company earned $0.37 EPS. The firm's quarterly revenue was up 31.1% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. On average, research analysts anticipate that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current fiscal year.

Insider Activity at Palo Alto Networks

In other news, EVP Lee Klarich sold 62,904 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the sale, the executive vice president directly owned 235,983 shares of the company's stock, valued at $61,037,002.95. This represents a 21.05% 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 John P. Key sold 7,500 shares of the business's stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the completion of the transaction, the director owned 12,500 shares of the company's stock, valued at $3,490,500. This trade represents a 37.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 101,239 shares of company stock valued at $27,174,360 in the last three months. 1.40% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

PANW has been the subject of a number of recent analyst reports. Argus set a $425.00 target price on shares of Palo Alto Networks in a research report on Tuesday, July 21st. BMO Capital Markets boosted their price target on shares of Palo Alto Networks from $270.00 to $335.00 and gave the company an "outperform" rating in a research report on Wednesday, June 3rd. Truist Financial boosted their price target on shares of Palo Alto Networks from $275.00 to $375.00 and gave the company a "buy" rating in a research report on Wednesday, June 3rd. Jefferies Financial Group set a $335.00 price objective on shares of Palo Alto Networks and gave the stock a "buy" rating in a research note on Wednesday, June 3rd. Finally, BNP Paribas Exane raised their price objective on shares of Palo Alto Networks from $330.00 to $380.00 and gave the stock an "outperform" rating in a report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Palo Alto Networks presently has an average rating of "Moderate Buy" and a consensus price target of $333.76.

About Palo Alto Networks

Palo Alto Networks NASDAQ: PANW is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company's product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.

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