Palo Alto Networks, Inc. $PANW Shares Sold by Wincap Financial LLC

Wincap Financial LLC lessened its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.2% in the second quarter, according to its most recent filing with the SEC. The firm owned 5,788 shares of the network technology company’s stock after selling 192 shares during the quarter. Palo Alto Networks comprises approximately 1.0% of Wincap Financial LLC’s holdings, making the stock its 29th largest position. Wincap Financial LLC’s holdings in Palo Alto Networks were worth $1,184,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Whipplewood Advisors LLC boosted its position in Palo Alto Networks by 6,400.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after acquiring an additional 128 shares during the period. Briaud Financial Planning Inc bought a new stake in shares of Palo Alto Networks in the 2nd quarter worth $28,000. Dagco Inc. bought a new stake in shares of Palo Alto Networks in the 1st quarter worth $33,000. Marshall & Sullivan Inc. WA bought a new stake in shares of Palo Alto Networks in the 2nd quarter worth $41,000. Finally, WPG Advisers LLC bought a new stake in shares of Palo Alto Networks in the 1st quarter worth $37,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Mizuho boosted their price objective on Palo Alto Networks from $210.00 to $220.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Bank of America boosted their price objective on Palo Alto Networks from $215.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. Truist Financial set a $220.00 price objective on Palo Alto Networks and gave the stock a “buy” rating in a research note on Tuesday, August 19th. Morgan Stanley boosted their price objective on Palo Alto Networks from $210.00 to $216.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 2nd. Finally, Stephens reissued an “equal weight” rating and issued a $205.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $218.17.

Insider Activity

In related news, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the transaction, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the company’s 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 transaction, the executive vice president directly owned 96,135 shares in the company, valued at $19,629,805.65. The trade was a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,315,130 shares of company stock valued at $260,687,367 in the last ninety days. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Up 1.5%

Shares of Palo Alto Networks stock opened at $220.29 on Tuesday. The stock’s fifty day moving average is $201.67 and its 200-day moving average is $192.92. The firm has a market capitalization of $147.35 billion, a PE ratio of 137.25, a price-to-earnings-growth ratio of 5.16 and a beta of 0.98. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $221.09.

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, topping analysts’ consensus estimates of $0.89 by $0.06. The company 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%.Palo Alto Networks’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. Analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current 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.