Aparna Bawa Sells 555 Shares of Palo Alto Networks (NASDAQ:PANW) Stock

Palo Alto Networks, Inc. (NASDAQ:PANW) Director Aparna Bawa sold 555 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $270.00, for a total value of $149,850.00. Following the completion of the sale, the director directly owned 8,240 shares in the company, valued at approximately $2,224,800. The trade was a 6.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Aparna Bawa also recently made the following trade(s):

• On Friday, June 12th, Aparna Bawa sold 536 shares of Palo Alto Networks stock. The shares were sold at an average price of $280.00, for a total value of $150,080.00.
• On Wednesday, June 10th, Aparna Bawa sold 377 shares of Palo Alto Networks stock. The shares were sold at an average price of $265.00, for a total value of $99,905.00.

Palo Alto Networks Stock Up 0.0%

Shares of NASDAQ PANW opened at $279.62 on Friday. The firm has a market cap of $227.89 billion, a price-to-earnings ratio of 229.20, a PEG ratio of 10.38 and a beta of 0.94. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $302.95. The business’s 50 day moving average is $216.44 and its two-hundred day moving average is $189.22.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The company had revenue of $3 billion for the quarter, compared to analyst estimates 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 quarterly revenue was up 31.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. Research analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Key Palo Alto Networks News

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

• Positive Sentiment: Jim Cramer singled out Palo Alto Networks as one of his favorite stocks, reinforcing a bullish narrative around the company and its role in cybersecurity. Jim Cramer Reveals Big Trend For Palo Alto’s (PANW) Shares
• Positive Sentiment: Analyst sentiment remains constructive after the company beat fiscal Q3 expectations, topped revenue estimates, and raised guidance, which continues to support the stock’s valuation.
• Positive Sentiment: Several firms recently lifted their price targets on PANW, including Mizuho, Berenberg, JPMorgan, and Susquehanna, signaling continued confidence in growth and demand for cybersecurity products.
• Neutral Sentiment: A cybersecurity industry roundup highlighted PANW as a stock to watch, but it did not provide a major new catalyst. Cybersecurity Stocks To Keep An Eye On – June 10th
• Negative Sentiment: Director John P. Key sold 7,500 shares, and Director Aparna Bawa sold multiple blocks of stock over June 10-12, which can be read as a cautious insider signal even if the sales were relatively small versus the company’s size. Insider Selling: Palo Alto Networks (NASDAQ:PANW) Director Sells 377 Shares of Stock

Analysts Set New Price Targets

PANW has been the topic of a number of research analyst reports. TD Cowen reissued a “buy” rating and issued a $330.00 target price (up from $255.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Wolfe Research reaffirmed an “outperform” rating and set a $320.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Berenberg Bank upped their price objective on Palo Alto Networks from $290.00 to $360.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. New Street Research cut their price objective on Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating on the stock in a research report on Thursday, February 19th. Finally, Guggenheim lowered Palo Alto Networks from a “neutral” rating to a “reduce” rating in a research report on Wednesday, May 27th. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $306.59.

Hedge Funds Weigh In On Palo Alto Networks

A number of institutional investors and hedge funds have recently modified their holdings of PANW. Norges Bank acquired a new position in shares of Palo Alto Networks during the fourth quarter worth $1,415,364,000. Bank of America Corp DE grew its stake in shares of Palo Alto Networks by 16.0% during the first quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company’s stock worth $3,603,473,000 after purchasing an additional 3,101,267 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Palo Alto Networks by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock worth $12,512,533,000 after purchasing an additional 2,659,100 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of Palo Alto Networks by 1,665.1% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,761,909 shares of the network technology company’s stock worth $442,788,000 after purchasing an additional 2,605,433 shares in the last quarter. Finally, Amundi grew its stake in shares of Palo Alto Networks by 67.1% during the first quarter. Amundi now owns 6,297,833 shares of the network technology company’s stock worth $1,009,669,000 after purchasing an additional 2,528,299 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

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.