Palo Alto Networks, Inc. $PANW Shares Sold by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 4.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,120 shares of the network technology company’s stock after selling 209 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Palo Alto Networks were worth $712,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of PANW. Brighton Jones LLC boosted its stake in shares of Palo Alto Networks by 147.7% during the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after buying an additional 4,031 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its stake in shares of Palo Alto Networks by 115.6% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 43,985 shares of the network technology company’s stock valued at $8,004,000 after buying an additional 23,586 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its stake in shares of Palo Alto Networks by 88.2% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 19,673 shares of the network technology company’s stock valued at $3,580,000 after buying an additional 9,221 shares during the last quarter. Capital Analysts LLC boosted its stake in shares of Palo Alto Networks by 97.0% during the 4th quarter. Capital Analysts LLC now owns 3,264 shares of the network technology company’s stock valued at $594,000 after buying an additional 1,607 shares during the last quarter. Finally, Coldstream Capital Management Inc. boosted its stake in shares of Palo Alto Networks by 99.5% during the 4th quarter. Coldstream Capital Management Inc. now owns 15,146 shares of the network technology company’s stock valued at $2,756,000 after buying an additional 7,553 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Buying and Selling

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $171.58, for a total value of $20,722,402.92. Following the sale, the executive vice president directly owned 206,718 shares of the company’s stock, valued at $35,468,674.44. This trade represents a 36.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Josh D. Paul sold 700 shares of the stock in a transaction on Thursday, August 21st. The stock was sold at an average price of $184.20, for a total value of $128,940.00. Following the completion of the sale, the chief accounting officer directly owned 37,723 shares in the company, valued at $6,948,576.60. This represents a 1.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 669,948 shares of company stock valued at $126,552,277 over the last three months. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Price Performance

Shares of PANW opened at $185.88 on Monday. The business’s fifty day moving average price is $190.61 and its 200 day moving average price is $186.32. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $210.39. The stock has a market capitalization of $123.94 billion, a PE ratio of 115.81, a price-to-earnings-growth ratio of 4.53 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same period last year, the business posted $0.75 earnings per share. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. As a group, research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Rosenblatt Securities reduced their target price on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a research note on Thursday, August 14th. Wells Fargo & Company increased their target price on Palo Alto Networks from $225.00 to $235.00 and gave the company an “overweight” rating in a research note on Wednesday, May 21st. Royal Bank Of Canada reiterated an “outperform” rating and set a $232.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Westpark Capital reiterated a “hold” rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, JMP Securities restated a “market outperform” rating and set a $212.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Twenty-eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $211.52.

About Palo Alto Networks

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.