Palo Alto Networks (NASDAQ:PANW) Director Aparna Bawa Sells 536 Shares of Stock

Key Points

• Director Aparna Bawa sold 536 shares of Palo Alto Networks on June 12 at an average price of $280, totaling about $150,080. After the sale, she still held 7,704 shares worth roughly $2.16 million.
• Bawa has been selling shares repeatedly this week, including 555 shares on June 11 and 377 shares on June 10, indicating a series of insider sales rather than a one-time transaction.
• Palo Alto Networks reported strong quarterly results, with EPS of $0.85 beating estimates and revenue of $3 billion, up 31.1% year over year. Analysts remain broadly positive, with a consensus rating of “Moderate Buy” and a price target of about $306.59.

Palo Alto Networks, Inc. (NASDAQ:PANW - Get Free Report) Director Aparna Bawa sold 536 shares of the business's stock in a transaction on Friday, June 12th. The stock was sold at an average price of $280.00, for a total transaction of $150,080.00. Following the completion of the sale, the director directly owned 7,704 shares in the company, valued at approximately $2,157,120. This represents a 6.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Aparna Bawa also recently made the following trade(s):

• On Thursday, June 11th, Aparna Bawa sold 555 shares of Palo Alto Networks stock. The stock was sold at an average price of $270.00, for a total value of $149,850.00.
• On Wednesday, June 10th, Aparna Bawa sold 377 shares of Palo Alto Networks stock. The stock was sold at an average price of $265.00, for a total value of $99,905.00.

Palo Alto Networks Trading Up 0.0%

Shares of NASDAQ PANW traded up $0.09 during trading on Friday, reaching $279.62. The company had a trading volume of 6,770,429 shares, compared to its average volume of 9,577,431. The stock has a market cap of $227.89 billion, a P/E ratio of 229.20, a PEG ratio of 9.77 and a beta of 0.94. The company's fifty day moving average price is $214.06 and its 200-day moving average price is $188.58. 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 $302.95.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings data 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 company 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 firm's revenue was up 31.1% compared to the same quarter last year. During the same period last year, the company earned $0.37 earnings per share. 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. As a group, research analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of PANW. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks in the second quarter valued at $25,000. Steph & Co. boosted its position in shares of Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company's stock worth $26,000 after purchasing an additional 67 shares in the last quarter. Knuff & Co LLC acquired a new stake in shares of Palo Alto Networks in the 4th quarter valued at about $26,000. Sittner & Nelson LLC increased its position in Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company's stock valued at $27,000 after buying an additional 62 shares in the last quarter. Finally, Luken Investment Analytics LLC increased its position in Palo Alto Networks by 196.2% in the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company's stock valued at $28,000 after buying an additional 102 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on PANW. JPMorgan Chase & Co. upped their price objective on shares of Palo Alto Networks from $200.00 to $300.00 and gave the company an "overweight" rating in a research note on Monday, June 1st. Arete Research raised shares of Palo Alto Networks from a "sell" rating to a "buy" rating and set a $185.00 target price for the company in a research note on Tuesday, March 3rd. Northland Securities upped their price target on shares of Palo Alto Networks from $190.00 to $302.00 and gave the company a "market perform" rating in a research report on Wednesday, June 3rd. TD Cowen reiterated a "buy" rating and set a $330.00 price target (up from $255.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, Wells Fargo & Company reissued an "overweight" rating and issued a $325.00 price objective (up from $285.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $306.59.

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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