Palo Alto Networks (NASDAQ:PANW) Trading Down 1.9% – Here’s Why

Palo Alto Networks, Inc. (NASDAQ:PANW) shares traded down 1.9% on Monday . The company traded as low as $347.05 and last traded at $350.90. Approximately 4,674,908 shares traded hands during trading, a decline of 46% from the average daily volume of 8,638,106 shares. The stock had previously closed at $357.87.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on PANW shares. Evercore reissued an “outperform” rating and issued a $415.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, July 8th. Citizens Jmp increased their price target on Palo Alto Networks from $320.00 to $415.00 and gave the company a “market outperform” rating in a research note on Wednesday, August 12th. Wedbush increased their price objective on shares of Palo Alto Networks from $300.00 to $340.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Rosenblatt Securities lifted their target price on shares of Palo Alto Networks from $275.00 to $355.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Finally, HSBC increased their price target on shares of Palo Alto Networks from $114.00 to $207.00 in a report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $364.00.

Palo Alto Networks Stock Performance

The stock has a market cap of $285.98 billion, a P/E ratio of 287.62, a price-to-earnings-growth ratio of 12.00 and a beta of 0.91. The stock has a 50 day simple moving average of $337.38 and a 200 day simple moving average of $242.19. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The firm’s quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.37 EPS. 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, equities analysts expect that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current year.

Insider Buying and Selling

In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the sale, the director owned 20,000 shares in the company, valued at approximately $5,598,000. The trade was a 50.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total value of $1,447,800.00. Following the transaction, the executive vice president owned 145,250 shares of the company’s stock, valued at $42,058,590. This trade represents a 3.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 37,935 shares of company stock valued at $10,809,461 over the last quarter. 1.40% of the stock is currently owned by company insiders.

Institutional Trading of Palo Alto Networks

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Solstein Capital LLC acquired a new position in shares of Palo Alto Networks in the 2nd quarter valued at about $26,000. N.E.W. Advisory Services LLC acquired a new stake in Palo Alto Networks in the second quarter worth $27,000. Delos Wealth Advisors LLC acquired a new position in shares of Palo Alto Networks during the second quarter valued at about $28,000. EMC Capital Management acquired a new stake in shares of Palo Alto Networks in the 2nd quarter valued at about $34,000. Finally, TOP Private Wealth LLC. bought a new stake in Palo Alto Networks in the 2nd quarter valued at about $34,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Company Profile

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.