Kesler Norman & Wride LLC Sells 2,510 Shares of Palo Alto Networks, Inc. $PANW

Kesler Norman & Wride LLC decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 47.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,763 shares of the network technology company’s stock after selling 2,510 shares during the quarter. Kesler Norman & Wride LLC’s holdings in Palo Alto Networks were worth $509,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Peak Retirement Planning Inc. increased its stake in shares of Palo Alto Networks by 33.4% in the fourth quarter. Peak Retirement Planning Inc. now owns 15,486 shares of the network technology company’s stock valued at $2,852,000 after buying an additional 3,873 shares in the last quarter. Dynasty Wealth Management LLC increased its stake in shares of Palo Alto Networks by 11.5% in the fourth quarter. Dynasty Wealth Management LLC now owns 2,994 shares of the network technology company’s stock valued at $551,000 after buying an additional 309 shares in the last quarter. Natixis Advisors LLC increased its stake in shares of Palo Alto Networks by 33.5% in the fourth quarter. Natixis Advisors LLC now owns 712,539 shares of the network technology company’s stock valued at $131,250,000 after buying an additional 178,986 shares in the last quarter. Pincus Capital Management LP acquired a new stake in shares of Palo Alto Networks in the fourth quarter valued at $525,000. Finally, Strategic Advisors LLC grew its holdings in Palo Alto Networks by 3.9% during the 4th quarter. Strategic Advisors LLC now owns 7,761 shares of the network technology company’s stock worth $1,430,000 after acquiring an additional 293 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

More Palo Alto Networks News

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

• Positive Sentiment: Palo Alto Networks reported fiscal Q3 earnings and revenue above expectations, with EPS of $0.85 versus $0.79-$0.81 estimated and revenue of $3.0 billion versus $2.94 billion expected, while sales rose 31.1% year over year. Article Title
• Positive Sentiment: The company raised FY2026 and Q4 guidance well above Wall Street estimates, signaling stronger demand and improving profitability outlooks. Article Title
• Positive Sentiment: CEO Nikesh Arora said AI-related security concerns are driving a surge in customer engagement and meeting requests, reinforcing the long-term growth narrative for PANW. Article Title
• Positive Sentiment: Citigroup, Wedbush, BNP Paribas Exane, Stifel, Berenberg, Truist, Morgan Stanley, Deutsche Bank, RBC, Oppenheimer, and others raised price targets, with several also reiterating buy or outperform ratings, adding momentum to the stock. Article Title
• Neutral Sentiment: One insider filing showed CAO Josh D. Paul sold 1,100 shares, which is minor versus the company’s overall market value but may slightly weigh on sentiment. Article Title
• Negative Sentiment: Despite the earnings beat, some coverage noted the stock slipped intraday as investors focused on acquisition-driven growth and broader market pressure rather than the strong fundamentals. Article Title

Insider Buying and Selling at Palo Alto Networks

In related news, Director James J. Goetz sold 22,684 shares of Palo Alto Networks stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $164.41, for a total transaction of $3,729,476.44. Following the transaction, the director owned 52,500 shares of the company’s stock, valued at $8,631,525. This trade represents a 30.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total transaction of $802,100.00. Following the transaction, the executive vice president directly owned 150,250 shares in the company, valued at $24,103,105. The trade was a 3.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 94,760 shares of company stock worth $21,660,063 over the last ninety days. 1.40% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms have weighed in on PANW. Northland Securities raised their price objective on shares of Palo Alto Networks from $190.00 to $302.00 and gave the company a “market perform” rating in a research report on Wednesday. Guggenheim cut shares of Palo Alto Networks from a “neutral” rating to a “reduce” rating in a research report on Wednesday, May 27th. Wedbush raised their price objective 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. Citizens Jmp restated a “market outperform” rating and issued a $250.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Finally, Cantor Fitzgerald set a $340.00 price objective on shares of Palo Alto Networks and gave the company an “overweight” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $304.22.

Palo Alto Networks Price Performance

Palo Alto Networks stock opened at $280.43 on Thursday. The company’s 50 day simple moving average is $200.21 and its 200 day simple moving average is $185.46. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $302.95. The firm has a market capitalization of $228.83 billion, a price-to-earnings ratio of 229.86, a PEG ratio of 10.71 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.05. Palo Alto Networks had a net margin of 7.95% and a return on equity of 16.34%. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter last year, the firm earned $0.37 EPS. Palo Alto Networks’s quarterly revenue was up 31.1% compared to the same quarter last year. 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. As a group, analysts predict that Palo Alto Networks, Inc. will post 2.14 EPS for the current fiscal year.

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.