Palo Alto Networks, Inc. $PANW Shares Sold by TIAA Trust National Association

TIAA Trust National Association lessened its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 37,204 shares of the network technology company’s stock after selling 2,155 shares during the quarter. TIAA Trust National Association’s holdings in Palo Alto Networks were worth $6,853,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in shares of Palo Alto Networks during the 2nd quarter worth $25,000. Knuff & Co LLC acquired a new position in shares of Palo Alto Networks during the 4th quarter worth $26,000. Steph & Co. raised its stake in shares of Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after buying an additional 67 shares during the last quarter. Sittner & Nelson LLC raised its stake in shares of Palo Alto Networks by 73.8% during the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after buying an additional 62 shares during the last quarter. Finally, Winch Advisory Services LLC raised its stake in shares of Palo Alto Networks by 96.1% during the 3rd quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock worth $30,000 after buying an additional 73 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Stock Down 2.2%

PANW opened at $260.52 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market capitalization of $212.32 billion, a price-to-earnings ratio of 213.54, a price-to-earnings-growth ratio of 9.45 and a beta of 0.94. The business has a 50-day moving average of $209.50 and a two-hundred day moving average of $187.35. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm’s revenue was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. On average, research analysts expect that Palo Alto Networks, Inc. will post 2.12 earnings per share for the current year.

Insider Buying and Selling

In other news, EVP Lee Klarich sold 62,904 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the sale, the executive vice president owned 235,983 shares in the company, valued at approximately $61,037,002.95. The trade was a 21.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Nikesh Arora bought 68,085 shares of the firm’s stock in a transaction dated Friday, March 27th. The shares were purchased at an average price of $146.87 per share, with a total value of $9,999,643.95. Following the acquisition, the chief executive officer directly owned 343,394 shares in the company, valued at approximately $50,434,276.78. This trade represents a 24.73% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold 72,076 shares of company stock worth $17,930,587 over the last ninety days. Insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on PANW shares. Truist Financial boosted their target price on shares of Palo Alto Networks from $275.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Cantor Fitzgerald set a $340.00 target price on shares of Palo Alto Networks and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Capital One Financial boosted their target price on shares of Palo Alto Networks from $168.00 to $248.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 19th. DA Davidson boosted their target price on shares of Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Finally, Jefferies Financial Group set a $335.00 target price on shares of Palo Alto Networks and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Palo Alto Networks currently has an average rating of “Moderate Buy” and an average price target of $306.59.

Key Palo Alto Networks News

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

• Positive Sentiment: Scotiabank nudged up its FY2027 EPS estimate to $2.11 from $2.10 and kept a Sector Outperform rating with a $320 price target, signaling continued confidence in PANW’s long-term earnings power.
• Positive Sentiment: Analysts continue to view PANW as a major beneficiary of cybersecurity demand, with recent commentary highlighting AI-driven security needs and strong industry momentum that could support future growth.
• Neutral Sentiment: Northland Securities reiterated a Market Perform rating and $302 price target while updating multiple forward EPS estimates, reflecting a steady but cautious stance on Palo Alto Networks’ outlook.
• Neutral Sentiment: Recent market commentary noted that Palo Alto Networks has reached a roughly $10 billion revenue run rate and has outperformed the broader market across several time frames, reinforcing its status as a leading cybersecurity franchise.
• Negative Sentiment: Northland cut FY2026 EPS estimates to $1.97 from $2.07 and FY2027 EPS estimates to $1.77 from $2.20, which can weigh on sentiment by suggesting slower profitability growth than previously expected.
• Negative Sentiment: Scotiabank also lowered FY2026 EPS estimates to $2.02 from $2.14, adding to concerns that near-term earnings may be softer than investors had hoped after the company’s recent results.

Palo Alto Networks 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.