Josh Paul Sells 700 Shares of Palo Alto Networks (NASDAQ:PANW) Stock

Palo Alto Networks, Inc. (NASDAQ:PANW) CAO Josh Paul sold 700 shares of the company’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $219.97, for a total value of $153,979.00. Following the completion of the sale, the chief accounting officer owned 47,505 shares in the company, valued at $10,449,674.85. This trade represents a 1.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Palo Alto Networks Price Performance

Palo Alto Networks stock opened at $213.18 on Thursday. The stock’s 50 day moving average is $206.32 and its 200 day moving average is $195.29. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61. The firm has a market cap of $142.60 billion, a P/E ratio of 132.82, a P/E/G ratio of 5.10 and a beta of 0.95.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results 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. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Equities analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PANW has been the topic of several recent analyst reports. New Street Research boosted their target price on shares of Palo Alto Networks from $235.00 to $240.00 and gave the company a “buy” rating in a report on Friday, September 12th. JMP Securities boosted their price objective on Palo Alto Networks from $212.00 to $250.00 and gave the company a “market outperform” rating in a research note on Monday, October 27th. Morgan Stanley raised their target price on Palo Alto Networks from $210.00 to $216.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. Truist Financial set a $220.00 target price on Palo Alto Networks and gave the stock a “buy” rating in a report on Tuesday, August 19th. Finally, Piper Sandler raised shares of Palo Alto Networks from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $200.00 to $225.00 in a research report on Tuesday, August 12th. Thirty research 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $218.17.

Hedge Funds Weigh In On Palo Alto Networks

A number of institutional investors have recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Palo Alto Networks during the 1st quarter valued at about $261,000. Strive Asset Management LLC boosted its stake in Palo Alto Networks by 16.6% in the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock worth $358,000 after buying an additional 299 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its position in Palo Alto Networks by 25.3% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 205,053 shares of the network technology company’s stock valued at $41,957,000 after acquiring an additional 41,392 shares during the last quarter. Whipplewood Advisors LLC raised its stake in shares of Palo Alto Networks by 6,400.0% during the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after acquiring an additional 128 shares in the last quarter. Finally, Arkadios Wealth Advisors raised its stake in shares of Palo Alto Networks by 9.2% during the second quarter. Arkadios Wealth Advisors now owns 39,893 shares of the network technology company’s stock worth $8,164,000 after acquiring an additional 3,351 shares in the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

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.