Palo Alto Networks, Inc. $PANW Shares Sold by Zevenbergen Capital Investments LLC

Zevenbergen Capital Investments LLC lessened its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 14.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 409,408 shares of the network technology company’s stock after selling 68,046 shares during the quarter. Palo Alto Networks comprises approximately 1.6% of Zevenbergen Capital Investments LLC’s investment portfolio, making the stock its 20th largest holding. Zevenbergen Capital Investments LLC owned 0.06% of Palo Alto Networks worth $83,781,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Csenge Advisory Group increased its holdings in Palo Alto Networks by 2.4% in the 1st quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock worth $381,000 after buying an additional 53 shares during the period. GSG Advisors LLC grew its stake in shares of Palo Alto Networks by 0.4% during the 1st quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock worth $2,154,000 after purchasing an additional 54 shares during the period. SYM FINANCIAL Corp grew its stake in shares of Palo Alto Networks by 1.4% during the 1st quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company’s stock worth $691,000 after purchasing an additional 55 shares during the period. Crew Capital Management Ltd. grew its stake in shares of Palo Alto Networks by 2.5% during the 1st quarter. Crew Capital Management Ltd. now owns 2,310 shares of the network technology company’s stock worth $394,000 after purchasing an additional 57 shares during the period. Finally, TFB Advisors LLC grew its stake in shares of Palo Alto Networks by 1.9% during the 1st quarter. TFB Advisors LLC now owns 3,084 shares of the network technology company’s stock worth $526,000 after purchasing an additional 58 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $196.29 on Friday. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $210.39. The firm has a market capitalization of $131.30 billion, a price-to-earnings ratio of 122.30, a price-to-earnings-growth ratio of 4.73 and a beta of 0.98. The business’s 50 day moving average price is $188.03 and its 200-day moving average price is $185.91.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business’s revenue was up 15.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, sell-side analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on PANW shares. Piper Sandler raised shares of Palo Alto Networks from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $200.00 to $225.00 in a research note on Tuesday, August 12th. Jefferies Financial Group set a $235.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, July 29th. Wedbush reaffirmed an “outperform” rating and set a $225.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Barclays reaffirmed an “overweight” rating and set a $215.00 price objective (up previously from $210.00) on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, Rosenblatt Securities dropped their price objective on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a research note on Thursday, August 14th. Twenty-eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and a consensus price target of $211.68.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction on Monday, June 23rd. The stock was sold at an average price of $201.85, for a total value of $1,009,250.00. Following the transaction, the executive vice president owned 101,135 shares in the company, valued at approximately $20,414,099.75. This trade represents a 4.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Josh D. Paul sold 800 shares of the firm’s stock in a transaction on Friday, June 20th. The shares were sold at an average price of $201.05, for a total value of $160,840.00. Following the completion of the transaction, the chief accounting officer owned 42,033 shares in the company, valued at $8,450,734.65. The trade was a 1.87% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 569,422 shares of company stock worth $106,629,618. Company insiders own 2.50% of the company’s stock.

Palo Alto Networks Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.