Palo Alto Networks (NASDAQ:PANW) EVP Dipak Golechha Sells 5,000 Shares

Palo Alto Networks, Inc. (NASDAQ:PANW) EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the transaction, the executive vice president owned 145,250 shares in the company, valued at approximately $42,058,590. The trade was a 3.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Dipak Golechha also recently made the following trade(s):

• On Wednesday, April 1st, Dipak Golechha sold 5,000 shares of Palo Alto Networks stock. The shares were sold at an average price of $160.42, for a total transaction of $802,100.00.

Palo Alto Networks Stock Down 1.9%

Palo Alto Networks stock traded down $5.66 during trading hours on Wednesday, hitting $285.26. The stock had a trading volume of 4,859,191 shares, compared to its average volume of 9,404,315. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $232.49 billion, a P/E ratio of 233.82, a price-to-earnings-growth ratio of 10.63 and a beta of 0.94. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $302.95. The stock’s 50-day moving average price is $233.33 and its 200-day moving average price is $194.05.

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 analysts’ consensus estimates of $0.79 by $0.06. The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.37 earnings per share. 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. Equities research analysts anticipate that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on the company. Jefferies Financial Group set a $335.00 target price on Palo Alto Networks and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Evercore reiterated an “outperform” rating and issued a $375.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Sanford C. Bernstein boosted their target price on Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. FBN Securities restated an “outperform” rating and set a $330.00 target price on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Guggenheim downgraded shares of Palo Alto Networks from a “neutral” rating to a “reduce” rating in a report on Wednesday, May 27th. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus target price of $306.59.

Institutional Investors Weigh In On Palo Alto Networks

Large investors have recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks during the second quarter valued at approximately $25,000. Steph & Co. raised its position in Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after acquiring an additional 67 shares during the period. Knuff & Co LLC purchased a new position in shares of Palo Alto Networks during the 4th quarter worth $26,000. Sittner & Nelson LLC boosted 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 acquiring an additional 62 shares during the last quarter. Finally, Luken Investment Analytics LLC grew its position in shares of Palo Alto Networks by 196.2% during the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after acquiring an additional 102 shares during the period. 79.82% of the stock is currently owned by institutional investors.

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.