Palo Alto Networks, Inc. $PANW Shares Sold by Sienna Gestion

Sienna Gestion decreased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,211 shares of the network technology company’s stock after selling 3,334 shares during the quarter. Sienna Gestion’s holdings in Palo Alto Networks were worth $8,034,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Darwin Wealth Management LLC acquired a new position in shares of Palo Alto Networks during the 2nd quarter valued at about $25,000. Knuff & Co LLC acquired a new position in shares of Palo Alto Networks during the 4th quarter valued at about $26,000. Steph & Co. boosted its position in shares of Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after acquiring an additional 67 shares during the last quarter. Sittner & Nelson LLC boosted its position in shares of Palo Alto Networks by 73.8% during the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 62 shares during the last quarter. Finally, Winch Advisory Services LLC boosted its position in shares of Palo Alto Networks by 96.1% during the 3rd quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after acquiring an additional 73 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on PANW shares. Susquehanna reissued a “positive” rating and set a $350.00 price target (up from $200.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. BMO Capital Markets upped their target price on shares of Palo Alto Networks from $270.00 to $335.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. TD Cowen reaffirmed a “buy” rating and issued a $330.00 target price (up from $255.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Argus upped their target price on shares of Palo Alto Networks from $222.00 to $320.00 in a research report on Friday, June 5th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $325.00 target price (up from $285.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average price target of $306.59.

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Lee Klarich sold 62,904 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the sale, the executive vice president owned 235,983 shares of the company’s stock, valued at approximately $61,037,002.95. This represents a 21.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John P. Key sold 7,500 shares of the stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the sale, the director directly owned 12,500 shares in the company, valued at $3,490,500. This represents a 37.50% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 81,044 shares of company stock valued at $20,424,722. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Up 1.8%

NASDAQ PANW opened at $284.54 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market capitalization of $231.90 billion, a P/E ratio of 233.23, a PEG ratio of 10.38 and a beta of 0.94. The firm’s 50-day moving average is $218.86 and its two-hundred day moving average is $189.95. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $302.95.

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 (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business’s quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.37 earnings per share. 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, sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

About Palo Alto Networks

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.