Savant Capital LLC Sells 11,553 Shares of Palo Alto Networks, Inc. $PANW

Savant Capital LLC reduced its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 50.2% in the fourth quarter, HoldingsChannel reports. The firm owned 11,476 shares of the network technology company’s stock after selling 11,553 shares during the period. Savant Capital LLC’s holdings in Palo Alto Networks were worth $2,114,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Moors & Cabot Inc. increased its holdings in Palo Alto Networks by 6.2% in the fourth quarter. Moors & Cabot Inc. now owns 20,932 shares of the network technology company’s stock worth $3,856,000 after purchasing an additional 1,213 shares in the last quarter. Investment Partners LTD. increased its holdings in Palo Alto Networks by 5.1% in the fourth quarter. Investment Partners LTD. now owns 1,968 shares of the network technology company’s stock worth $363,000 after purchasing an additional 96 shares in the last quarter. Foundations Investment Advisors LLC increased its holdings in Palo Alto Networks by 16.2% in the fourth quarter. Foundations Investment Advisors LLC now owns 97,129 shares of the network technology company’s stock worth $17,891,000 after purchasing an additional 13,526 shares in the last quarter. Baker Avenue Asset Management LP increased its holdings in Palo Alto Networks by 2.5% in the fourth quarter. Baker Avenue Asset Management LP now owns 30,415 shares of the network technology company’s stock worth $5,602,000 after purchasing an additional 751 shares in the last quarter. Finally, IFG Advisory LLC increased its holdings in Palo Alto Networks by 5.6% in the fourth quarter. IFG Advisory LLC now owns 1,789 shares of the network technology company’s stock worth $330,000 after purchasing an additional 95 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on PANW shares. Oppenheimer reiterated an “outperform” rating and issued a $275.00 target price (up from $245.00) on shares of Palo Alto Networks in a report on Friday, May 15th. Deutsche Bank Aktiengesellschaft lowered their target price on Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Citizens Jmp reiterated a “market outperform” rating and issued a $250.00 target price on shares of Palo Alto Networks in a report on Wednesday, February 18th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $285.00 target price on shares of Palo Alto Networks in a report on Wednesday, May 20th. Finally, Morgan Stanley lifted their target price on Palo Alto Networks from $223.00 to $253.00 and gave the stock an “overweight” rating in a report on Wednesday, May 20th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $235.09.

Palo Alto Networks Stock Performance

Shares of Palo Alto Networks stock opened at $281.69 on Monday. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $283.71. The stock has a 50 day moving average price of $192.58 and a two-hundred day moving average price of $183.73. The stock has a market capitalization of $229.86 billion, a PE ratio of 155.63, a price-to-earnings-growth ratio of 10.16 and a beta of 0.94.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, CAO Josh D. Paul sold 400 shares of the firm’s stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $236.95, for a total value of $94,780.00. Following the completion of the sale, the chief accounting officer owned 82,736 shares of the company’s stock, valued at approximately $19,604,295.20. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Lee Klarich sold 62,904 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the sale, the executive vice president directly owned 235,983 shares of the company’s stock, valued at $61,037,002.95. This trade represents a 21.05% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 93,660 shares of company stock valued at $21,346,475. Company insiders own 1.40% of the company’s stock.

Key Palo Alto Networks News

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Several Wall Street firms lifted their price targets on Palo Alto Networks, including Morgan Stanley, Evercore, Wedbush, Benchmark, Wells Fargo, BTIG, and Mizuho, reinforcing expectations for continued growth and keeping sentiment constructive. Morgan Stanley raises price target
• Positive Sentiment: Recent coverage continues to highlight Palo Alto Networks’ strong platform momentum and growing ARR, suggesting investors see room for further upside if upcoming earnings confirm the trend. ARR growth article
• Neutral Sentiment: Analysts and media are also debating whether the company’s AI security leadership is a durable competitive advantage or mostly a narrative, which adds uncertainty but does not appear to be the main driver today. AI security narrative article
• Negative Sentiment: EVP Lee Klarich sold 62,904 shares, a move some investors may interpret cautiously, although he still retains a meaningful stake in the company. Insider sale article
• Negative Sentiment: Some analysts remain cautious on near-term fundamentals, pointing to rising acquisition costs, share dilution, and a mixed outlook heading into Q3 earnings. Q3 earnings outlook article

Palo Alto Networks Company Profile

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.