Interchange Capital Partners LLC Cuts Stock Holdings in Palo Alto Networks, Inc. $PANW

Interchange Capital Partners LLC lowered its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 94.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 242 shares of the network technology company’s stock after selling 3,769 shares during the period. Interchange Capital Partners LLC’s holdings in Palo Alto Networks were worth $50,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. HWG Holdings LP purchased a new position in Palo Alto Networks during the first quarter worth approximately $31,000. Dagco Inc. purchased a new position in Palo Alto Networks during the first quarter worth approximately $33,000. Marshall & Sullivan Inc. WA purchased a new position in Palo Alto Networks during the second quarter worth approximately $41,000. WPG Advisers LLC purchased a new position in Palo Alto Networks during the first quarter worth approximately $37,000. Finally, Strategic Investment Solutions Inc. IL raised its stake in Palo Alto Networks by 58.9% during the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after purchasing an additional 83 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

PANW has been the topic of a number of research reports. Jefferies Financial Group set a $235.00 target price on shares of Palo Alto Networks in a research note on Tuesday, July 29th. KeyCorp downgraded shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 31st. Weiss Ratings reissued a “hold (c+)” rating on shares of Palo Alto Networks in a research note on Wednesday, October 8th. New Street Research raised their target price on shares of Palo Alto Networks from $235.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Finally, JMP Securities reissued a “market outperform” rating and issued a $212.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Twenty-nine analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $216.00.

Palo Alto Networks Trading Down 0.4%

PANW opened at $206.70 on Thursday. The company has a fifty day simple moving average of $195.23 and a 200 day simple moving average of $189.80. The firm has a market cap of $138.26 billion, a price-to-earnings ratio of 128.79, a PEG ratio of 4.93 and a beta of 0.98. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $217.94.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business’s revenue was up 15.8% on a year-over-year basis. During the same period last year, the business earned $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, analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Insider Buying and Selling at Palo Alto Networks

In related news, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the sale, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. This trade represents a 75.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Nir Zuk sold 100,000 shares of the firm’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the sale, the executive vice president directly owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. The trade was a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is currently owned by insiders.

Palo Alto Networks Company 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.