Palo Alto Networks (NASDAQ:PANW) CAO Sells $310,500.00 in Stock

Palo Alto Networks, Inc. (NASDAQ:PANWGet Free Report) CAO Josh Paul sold 900 shares of the business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $345.00, for a total transaction of $310,500.00. Following the completion of the transaction, the chief accounting officer directly owned 79,644 shares of the company’s stock, valued at $27,477,180. This trade represents a 1.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Palo Alto Networks Stock Performance

Shares of Palo Alto Networks stock opened at $348.06 on Friday. The company has a market capitalization of $283.67 billion, a PE ratio of 285.30, a PEG ratio of 12.92 and a beta of 0.91. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $358.10. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The stock’s fifty day simple moving average is $258.43 and its 200 day simple moving average is $201.39.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same period in the previous year, the firm earned $0.37 earnings per share. The company’s revenue was up 31.1% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. On average, research analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Institutional Trading of Palo Alto Networks

Institutional investors have recently made changes to their positions in the business. South Plains Financial Inc. increased its stake in Palo Alto Networks by 1.0% in the 3rd quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock valued at $982,000 after buying an additional 50 shares during the last quarter. Fayez Sarofim & Co boosted its stake in shares of Palo Alto Networks by 1.2% during the 3rd quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock worth $878,000 after buying an additional 50 shares during the last quarter. Certified Advisory Corp grew its holdings in shares of Palo Alto Networks by 0.3% in the 3rd quarter. Certified Advisory Corp now owns 16,938 shares of the network technology company’s stock valued at $3,449,000 after acquiring an additional 51 shares in the last quarter. GSG Advisors LLC grew its holdings in shares of Palo Alto Networks by 0.4% in the 1st quarter. GSG Advisors LLC now owns 12,536 shares of the network technology company’s stock valued at $2,010,000 after acquiring an additional 51 shares in the last quarter. Finally, Cooper Financial Group increased its position in shares of Palo Alto Networks by 1.3% in the fourth quarter. Cooper Financial Group now owns 4,227 shares of the network technology company’s stock valued at $779,000 after acquiring an additional 53 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on PANW. Jefferies Financial Group set a $335.00 target price on Palo Alto Networks and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. BTIG Research upped their price target on shares of Palo Alto Networks from $333.00 to $380.00 and gave the company a “buy” rating in a report on Tuesday. BMO Capital Markets increased their price objective on shares of Palo Alto Networks from $270.00 to $335.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Guggenheim lowered shares of Palo Alto Networks from a “neutral” rating to a “reduce” rating in a report on Wednesday, May 27th. Finally, DA Davidson boosted their price objective on shares of Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $316.15.

Read Our Latest Research Report on PANW

Palo Alto Networks Company Profile

(Get Free Report)

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.

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Insider Buying and Selling by Quarter for Palo Alto Networks (NASDAQ:PANW)

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