Palo Alto Networks, Inc. $PANW Stock Position Decreased by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton lessened its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 26.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 694 shares of the network technology company’s stock after selling 248 shares during the period. Rosenberg Matthew Hamilton’s holdings in Palo Alto Networks were worth $142,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. HWG Holdings LP bought a new stake in shares of Palo Alto Networks during the 1st quarter valued at about $31,000. Dagco Inc. bought a new position in Palo Alto Networks in the 1st quarter worth about $33,000. Marshall & Sullivan Inc. WA bought a new position in Palo Alto Networks in the 2nd quarter worth about $41,000. WPG Advisers LLC bought a new position in Palo Alto Networks in the 1st quarter worth about $37,000. Finally, Strategic Investment Solutions Inc. IL grew its position in Palo Alto Networks by 58.9% in the 1st 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 last quarter. Institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Lee Klarich sold 120,774 shares of the stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the completion of the sale, the executive vice president directly owned 149,190 shares of the company’s stock, valued at $31,616,344.80. This represents a 44.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nir Zuk sold 100,000 shares of the stock in a transaction that occurred 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. This represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,315,130 shares of company stock valued at $260,687,367. Corporate insiders own 2.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Piper Sandler upgraded shares of Palo Alto Networks from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $200.00 to $225.00 in a research report on Tuesday, August 12th. Truist Financial set a $220.00 target price on shares of Palo Alto Networks and gave the stock a “buy” rating in a research report on Tuesday, August 19th. JMP Securities restated a “market outperform” rating and issued a $212.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Tigress Financial began coverage on shares of Palo Alto Networks in a research report on Friday, September 26th. They issued a “buy” rating and a $245.00 target price for the company. Finally, BTIG Research upgraded shares of Palo Alto Networks from a “neutral” rating to a “buy” rating in a report on Monday. Twenty-nine equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus price target of $216.00.

Palo Alto Networks Price Performance

Palo Alto Networks stock opened at $206.70 on Thursday. The firm has a 50 day simple moving average of $195.23 and a 200-day simple moving average of $189.80. The stock has a market capitalization of $138.26 billion, a PE ratio of 128.79, a price-to-earnings-growth ratio of 4.93 and a beta of 0.98. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $217.94.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.50 billion. During the same period last year, the firm posted $0.75 earnings per share. The business’s revenue was up 15.8% on a year-over-year basis. 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.

About Palo Alto Networks

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.