Palo Alto Networks, Inc. $PANW Shares Sold by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC cut its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 91.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 290 shares of the network technology company’s stock after selling 3,051 shares during the quarter. Elevated Capital Advisors LLC’s holdings in Palo Alto Networks were worth $47,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC grew its position in Palo Alto Networks by 15.0% in the first quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock valued at $65,796,000 after acquiring an additional 53,485 shares in the last quarter. Aviva PLC raised its stake in shares of Palo Alto Networks by 5.4% during the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after purchasing an additional 29,230 shares during the period. Granite Islands Private Wealth LLC lifted its position in shares of Palo Alto Networks by 43.6% during the first quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock worth $2,453,000 after purchasing an additional 4,659 shares in the last quarter. Peapack Gladstone Financial Corp lifted its position in shares of Palo Alto Networks by 8.8% during the fourth quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock worth $8,926,000 after purchasing an additional 3,926 shares in the last quarter. Finally, Oak Thistle LLC purchased a new position in shares of Palo Alto Networks in the fourth quarter valued at $1,554,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Transactions at Palo Alto Networks

In related news, Director Aparna Bawa sold 290 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $348.74, for a total transaction of $101,134.60. Following the sale, the director owned 6,437 shares of the company’s stock, valued at approximately $2,244,839.38. This trade represents a 4.31% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Helle Thorning-Schmidt sold 700 shares of the stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $346.85, for a total value of $242,795.00. Following the completion of the sale, the director owned 5,898 shares of the company’s stock, valued at $2,045,721.30. This trade represents a 10.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 101,239 shares of company stock valued at $27,174,360. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Down 3.7%

NASDAQ:PANW traded down $12.40 during mid-day trading on Friday, hitting $325.91. The company had a trading volume of 4,677,069 shares, compared to its average volume of 7,047,614. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $368.17. The firm has a market cap of $265.62 billion, a P/E ratio of 267.14, a P/E/G ratio of 12.10 and a beta of 0.91. The business’s fifty day moving average is $274.08 and its two-hundred day moving average is $206.64.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion during 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 company’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same period in the previous year, the company 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. As a group, research analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Analysts Set New Price Targets

PANW has been the topic of a number of recent analyst reports. Stifel Nicolaus set a $340.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Cantor Fitzgerald set a $340.00 price target on shares of Palo Alto Networks and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. DA Davidson boosted their target price on Palo Alto Networks from $190.00 to $345.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. HSBC increased their price target on shares of Palo Alto Networks from $114.00 to $207.00 in a research report on Thursday, June 4th. Finally, Benchmark increased their price target on Palo Alto Networks from $270.00 to $340.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $318.65.

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.