Palo Alto Networks (NASDAQ:PANW) CAO Sells $318,393.00 in Stock

Key Points

• Palo Alto Networks’ chief accounting officer Josh Paul sold 900 shares at an average price of $353.77, totaling $318,393; he retained 73,354 shares after the sale.
• PANW shares rose 12.8% to $382.85, near their 52-week high, after the company reported quarterly EPS and revenue above analyst expectations. Revenue increased 31.1% year over year.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $365.87; institutional investors own approximately 79.82% of the stock.

Palo Alto Networks, Inc. (NASDAQ:PANW - Get Free Report) CAO Josh Paul sold 900 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $353.77, for a total value of $318,393.00. Following the transaction, the chief accounting officer owned 73,354 shares in the company, valued at approximately $25,950,444.58. The trade was a 1.21% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Palo Alto Networks Trading Up 12.8%

NASDAQ PANW traded up $43.54 on Thursday, reaching $382.85. 7,286,930 shares of the company were exchanged, compared to its average volume of 8,586,413. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The business's fifty day moving average price is $341.05 and its 200 day moving average price is $246.01. The stock has a market capitalization of $312.02 billion, a P/E ratio of 313.81, a price-to-earnings-growth ratio of 11.39 and a beta of 0.91. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $398.88.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company's revenue for the quarter was up 31.1% on a year-over-year basis. During the same period last year, the company earned $0.37 EPS. 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. Analysts forecast that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Northland Securities increased their price objective on Palo Alto Networks from $190.00 to $302.00 and gave the stock a "market perform" rating in a research report on Wednesday, June 3rd. Jefferies Financial Group set a $335.00 target price on Palo Alto Networks and gave the company a "buy" rating in a research report on Wednesday, June 3rd. Oppenheimer reiterated an "outperform" rating and set a $400.00 price target (up from $350.00) on shares of Palo Alto Networks in a report on Tuesday, August 4th. Tigress Financial increased their price target on Palo Alto Networks from $245.00 to $430.00 and gave the stock a "buy" rating in a report on Wednesday, July 15th. Finally, Loop Capital raised their price objective on Palo Alto Networks from $160.00 to $290.00 and gave the stock a "hold" rating in a research report on Wednesday, June 3rd. One 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's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $365.87.

Institutional Trading of Palo Alto Networks

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Solstein Capital LLC purchased a new stake in shares of Palo Alto Networks in the 2nd quarter valued at $26,000. N.E.W. Advisory Services LLC purchased a new position in Palo Alto Networks during the 2nd quarter valued at about $27,000. Delos Wealth Advisors LLC acquired a new position in Palo Alto Networks in the 2nd quarter valued at about $28,000. Principia Wealth Advisory LLC increased its stake in Palo Alto Networks by 125.0% during the second quarter. Principia Wealth Advisory LLC now owns 81 shares of the network technology company's stock worth $28,000 after purchasing an additional 45 shares during the period. Finally, EMC Capital Management purchased a new stake in Palo Alto Networks during the second quarter worth about $34,000. Hedge funds and other institutional investors own 79.82% of the company's stock.

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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