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

Global Trust Asset Management LLC reduced its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 11.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,409 shares of the network technology company’s stock after selling 1,000 shares during the period. Palo Alto Networks comprises 0.8% of Global Trust Asset Management LLC’s holdings, making the stock its 28th largest position. Global Trust Asset Management LLC’s holdings in Palo Alto Networks were worth $1,516,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. HWG Holdings LP acquired a new stake in shares of Palo Alto Networks in the first quarter worth approximately $31,000. Dagco Inc. acquired a new stake in shares of Palo Alto Networks in the first quarter worth approximately $33,000. Marshall & Sullivan Inc. WA acquired a new stake in shares of Palo Alto Networks in the second quarter worth approximately $41,000. WPG Advisers LLC acquired a new stake in shares of Palo Alto Networks in the first quarter worth approximately $37,000. Finally, Strategic Investment Solutions Inc. IL boosted its stake in shares of Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after acquiring an additional 83 shares during the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Palo Alto Networks Trading Up 0.1%

PANW stock opened at $202.37 on Monday. The company has a market capitalization of $135.37 billion, a PE ratio of 126.09, a P/E/G ratio of 4.82 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 business’s fifty day moving average price is $189.58 and its 200 day moving average price is $187.47.

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

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the sale, the executive vice president owned 177,954 shares in the company, valued at $34,008,788.94. This represents a 40.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $184.20, for a total value of $128,940.00. Following the sale, the chief accounting officer owned 37,723 shares in the company, valued at approximately $6,948,576.60. This trade represents a 1.82% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,415,030 shares of company stock worth $279,198,494 over the last quarter. 2.50% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Barclays reaffirmed an “overweight” rating and issued a $215.00 price target (up from $210.00) on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Rosenblatt Securities reduced their price objective on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a research report on Thursday, August 14th. BMO Capital Markets lifted their price objective on Palo Alto Networks from $217.00 to $225.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. DA Davidson reiterated a “buy” rating and set a $215.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Finally, JMP Securities reiterated a “market outperform” rating and set a $212.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Thirty analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Palo Alto Networks currently has an average rating of “Moderate Buy” and an average price target of $214.64.

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.