Palo Alto Networks, Inc. $PANW Shares Sold by Braun Stacey Associates Inc.

Braun Stacey Associates Inc. decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 117,088 shares of the network technology company’s stock after selling 4,798 shares during the period. Braun Stacey Associates Inc.’s holdings in Palo Alto Networks were worth $18,772,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. South Plains Financial Inc. boosted its position in shares of Palo Alto Networks by 1.0% during the third quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock worth $982,000 after buying an additional 50 shares during the period. Fayez Sarofim & Co grew its holdings in Palo Alto Networks by 1.2% in the 3rd quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock worth $878,000 after buying an additional 50 shares in the last quarter. Certified Advisory Corp increased its position in Palo Alto Networks by 0.3% in the 3rd quarter. Certified Advisory Corp now owns 16,938 shares of the network technology company’s stock valued at $3,449,000 after acquiring an additional 51 shares during the period. Cooper Financial Group increased its position in Palo Alto Networks by 1.3% in the 4th quarter. Cooper Financial Group now owns 4,227 shares of the network technology company’s stock valued at $779,000 after acquiring an additional 53 shares during the period. Finally, Outfitters Financial LLC raised its stake in Palo Alto Networks by 1.7% during the 4th quarter. Outfitters Financial LLC now owns 3,265 shares of the network technology company’s stock valued at $601,000 after acquiring an additional 55 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Stock Up 3.8%

Shares of PANW stock opened at $304.20 on Friday. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $306.24. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The business’s fifty day moving average is $241.22 and its 200-day moving average is $196.11. The stock has a market cap of $247.92 billion, a PE ratio of 249.34, a price-to-earnings-growth ratio of 11.30 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the prior year, the firm posted $0.37 earnings per share. The company’s revenue was up 31.1% on a year-over-year basis. 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 analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have issued reports on PANW. William Blair reiterated an “outperform” rating on shares of Palo Alto Networks in a research report on Tuesday, June 16th. Citigroup reissued a “market outperform” rating on shares of Palo Alto Networks in a report on Wednesday, June 3rd. UBS Group set a $300.00 price objective on shares of Palo Alto Networks and gave the company a “neutral” rating in a research note on Wednesday, June 3rd. TD Cowen reaffirmed a “buy” rating and issued a $330.00 price objective (up from $255.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, Wedbush increased their target price on shares of Palo Alto Networks from $300.00 to $340.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $306.59.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, Director John P. Key sold 7,500 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.24, for a total value of $2,094,300.00. Following the completion of the sale, the director directly owned 12,500 shares of the company’s stock, valued at approximately $3,490,500. This represents a 37.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Aparna Bawa sold 345 shares of the firm’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $290.17, for a total transaction of $100,108.65. Following the transaction, the director owned 7,359 shares of the company’s stock, valued at approximately $2,135,361.03. This trade represents a 4.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 106,389 shares of company stock valued at $27,570,630 in the last quarter. 1.40% of the stock is owned by company insiders.

About Palo Alto Networks

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.