Palo Alto Networks, Inc. $PANW Stake Reduced by RMR Wealth Builders

RMR Wealth Builders trimmed its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,175 shares of the network technology company’s stock after selling 71 shares during the quarter. RMR Wealth Builders’ holdings in Palo Alto Networks were worth $854,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. St. Clair Advisors LLC increased its stake in shares of Palo Alto Networks by 0.3% in the second quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock worth $3,233,000 after purchasing an additional 50 shares during the period. Csenge Advisory Group grew its holdings in Palo Alto Networks by 2.4% in the 1st quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock valued at $381,000 after buying an additional 53 shares during the last quarter. GSG Advisors LLC grew its holdings in Palo Alto Networks by 0.4% in the 1st quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock valued at $2,154,000 after buying an additional 54 shares during the last quarter. SYM FINANCIAL Corp increased its position in Palo Alto Networks by 1.4% in the 1st quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company’s stock worth $691,000 after buying an additional 55 shares during the period. Finally, Crew Capital Management Ltd. lifted its holdings in shares of Palo Alto Networks by 2.5% during the first quarter. Crew Capital Management Ltd. now owns 2,310 shares of the network technology company’s stock worth $394,000 after buying an additional 57 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Guggenheim raised their price objective on shares of Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research note on Tuesday, August 19th. TD Securities restated a “buy” rating and issued a $230.00 price target on shares of Palo Alto Networks in a research report on Wednesday, May 21st. Bank of America raised shares of Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 price objective for the company in a research report on Tuesday, August 19th. UBS Group set a $185.00 target price on shares of Palo Alto Networks and gave the company a “neutral” rating in a research note on Tuesday, August 12th. Finally, Wedbush restated an “outperform” rating and set a $225.00 price target on shares of Palo Alto Networks in a research note on Monday. Twenty-eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $211.68.

Palo Alto Networks Stock Up 2.5%

NASDAQ:PANW opened at $201.28 on Tuesday. The firm has a market capitalization of $134.64 billion, a PE ratio of 125.41, a price-to-earnings-growth ratio of 4.68 and a beta of 0.98. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $210.39. The firm has a 50-day moving average price of $188.03 and a 200 day moving average price of $185.98.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates 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 company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the previous year, the business earned $0.75 earnings per share. The company’s quarterly revenue 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. On average, research analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Buying and Selling

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $201.85, for a total transaction of $1,009,250.00. Following the completion of the transaction, the executive vice president directly owned 101,135 shares in the company, valued at $20,414,099.75. This represents a 4.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Nir Zuk sold 100,000 shares of the business’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the sale, the executive vice president owned 3,143,516 shares in the company, valued at $543,199,564.80. This represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 569,422 shares of company stock valued at $106,629,618. 2.50% of the stock is currently owned by insiders.

Palo Alto Networks Profile

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.