Palo Alto Networks, Inc. $PANW Shares Sold by Calamos Wealth Management LLC

Calamos Wealth Management LLC lessened its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 97.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 2,081 shares of the network technology company’s stock after selling 89,919 shares during the period. Calamos Wealth Management LLC’s holdings in Palo Alto Networks were worth $426,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PANW. St. Clair Advisors LLC grew its position in Palo Alto Networks by 0.3% in the second quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock worth $3,233,000 after acquiring an additional 50 shares during the period. Astoria Portfolio Advisors LLC. grew its position in Palo Alto Networks by 2.1% in the second quarter. Astoria Portfolio Advisors LLC. now owns 2,467 shares of the network technology company’s stock worth $496,000 after acquiring an additional 50 shares during the period. Csenge Advisory Group grew its position in Palo Alto Networks by 2.4% in the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock worth $381,000 after acquiring an additional 53 shares during the period. TFG Advisers LLC grew its position in Palo Alto Networks by 1.1% in the second quarter. TFG Advisers LLC now owns 4,668 shares of the network technology company’s stock worth $955,000 after acquiring an additional 53 shares during the period. Finally, GSG Advisors LLC grew its position in Palo Alto Networks by 0.4% in the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock worth $2,154,000 after acquiring an additional 54 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Transactions at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total value of $141,512.00. Following the completion of the transaction, the chief accounting officer directly owned 32,474 shares in the company, valued at approximately $6,564,943.84. This trade represents a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the transaction, the executive vice president owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. This trade represents a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,315,130 shares of company stock valued at $260,687,367 in the last 90 days. Insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Up 1.2%

PANW opened at $207.89 on Monday. The firm has a market cap of $139.06 billion, a P/E ratio of 129.53, a P/E/G ratio of 4.94 and a beta of 0.98. The business has a fifty day simple moving average of $196.80 and a 200-day simple moving average of $190.59. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $217.94.

Palo Alto Networks (NASDAQ:PANW) last released 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 during 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%.Palo Alto Networks’s revenue was up 15.8% compared to the same quarter last year. During the same period last year, the business posted $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Sell-side analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Truist Financial set a $220.00 price objective on Palo Alto Networks and gave the stock a “buy” rating in a research report on Tuesday, August 19th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $232.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Mizuho increased their price objective on Palo Alto Networks from $210.00 to $220.00 and gave the stock an “outperform” rating in a research report on Friday. Guggenheim raised their price target on Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research report on Tuesday, August 19th. Finally, Sanford C. Bernstein set a $207.00 price target on Palo Alto Networks and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Thirty research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus price target of $216.60.

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.