Palo Alto Networks, Inc. $PANW Shares Sold by Signet Financial Management LLC

Signet Financial Management LLC cut its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 19.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,180 shares of the network technology company’s stock after selling 276 shares during the quarter. Signet Financial Management LLC’s holdings in Palo Alto Networks were worth $241,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of PANW. Brighton Jones LLC lifted its holdings in Palo Alto Networks by 147.7% in the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after acquiring an additional 4,031 shares during the period. Bison Wealth LLC lifted its holdings in Palo Alto Networks by 169.1% in the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after acquiring an additional 3,275 shares during the period. Wood Tarver Financial Group LLC acquired a new stake in Palo Alto Networks in the fourth quarter valued at $49,000. Centaurus Financial Inc. lifted its holdings in Palo Alto Networks by 70.3% in the fourth quarter. Centaurus Financial Inc. now owns 11,930 shares of the network technology company’s stock valued at $2,171,000 after acquiring an additional 4,923 shares during the period. Finally, Mascagni Wealth Management Inc. acquired a new stake in Palo Alto Networks in the fourth quarter valued at $54,000. 79.82% of the stock is owned by institutional investors and hedge funds.

Palo Alto Networks Trading Up 0.8%

Palo Alto Networks stock opened at $202.21 on Friday. The stock has a market cap of $135.26 billion, a PE ratio of 125.99, a P/E/G ratio of 4.78 and a beta of 0.98. The stock has a 50-day moving average price of $189.45 and a 200 day moving average price of $187.18. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $210.39.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.75 EPS. 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, equities analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $232.00 target price on shares of Palo Alto Networks in a report on Tuesday, August 19th. Bank of America upgraded Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 price target for the company in a research report on Tuesday, August 19th. Westpark Capital restated a “hold” rating on shares of Palo Alto Networks in a research report on Tuesday, August 19th. UBS Group set a $185.00 price target on Palo Alto Networks and gave the company a “neutral” rating in a research report on Tuesday, August 12th. Finally, Wedbush restated an “outperform” rating and issued a $225.00 price target on shares of Palo Alto Networks in a research report on Monday, September 15th. Twenty-nine analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $212.39.

Insider Activity

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total value of $23,081,119.14. Following the completion of the sale, the executive vice president owned 177,954 shares in the company, valued at $34,008,788.94. The trade was a 40.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the sale, the executive vice president owned 3,143,516 shares of the company’s stock, valued at $543,199,564.80. This trade represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,415,030 shares of company stock worth $279,198,494 in the last quarter. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Company 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.