Victrix Investment Advisors Trims Stake in Palo Alto Networks, Inc. $PANW

Victrix Investment Advisors lessened its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,723 shares of the network technology company’s stock after selling 101 shares during the period. Victrix Investment Advisors’ holdings in Palo Alto Networks were worth $353,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PANW. Brighton Jones LLC lifted its position in Palo Alto Networks by 147.7% in the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after buying an additional 4,031 shares during the last quarter. Bison Wealth LLC raised its stake in shares of Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after acquiring an additional 3,275 shares during the period. Merit Financial Group LLC lifted its holdings in shares of Palo Alto Networks by 29.6% in the 1st quarter. Merit Financial Group LLC now owns 34,974 shares of the network technology company’s stock worth $5,968,000 after acquiring an additional 7,978 shares during the last quarter. ST Germain D J Co. Inc. boosted its position in shares of Palo Alto Networks by 0.6% during the 1st quarter. ST Germain D J Co. Inc. now owns 105,544 shares of the network technology company’s stock worth $18,010,000 after purchasing an additional 633 shares during the period. Finally, Fulton Bank N.A. increased its holdings in Palo Alto Networks by 2.4% in the 1st quarter. Fulton Bank N.A. now owns 9,176 shares of the network technology company’s stock valued at $1,566,000 after purchasing an additional 219 shares during the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have issued reports on PANW. New Street Research boosted their target price on Palo Alto Networks from $235.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, September 12th. JMP Securities reiterated a “market outperform” rating and issued a $212.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. UBS Group set a $245.00 target price on Palo Alto Networks in a research note on Friday. Stephens reaffirmed an “equal weight” rating and issued a $205.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Finally, Barclays reiterated an “overweight” rating and set a $215.00 price target (up from $210.00) 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 issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $214.64.

Insider Buying and Selling

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $184.20, for a total transaction of $128,940.00. Following the completion of the sale, the chief accounting officer directly owned 37,723 shares of the company’s stock, valued at $6,948,576.60. The trade was a 1.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The stock was 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 of the company’s stock, valued at approximately $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,314,430 shares of company stock valued at $259,210,094 over the last 90 days. 2.50% of the stock is currently owned by corporate insiders.

Palo Alto Networks Stock Down 0.2%

NASDAQ PANW opened at $203.62 on Wednesday. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $210.39. The stock has a market capitalization of $136.20 billion, a PE ratio of 126.87, a price-to-earnings-growth ratio of 4.86 and a beta of 0.98. The firm has a 50 day moving average of $189.80 and a two-hundred day moving average of $187.74.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company’s revenue was up 15.8% on a year-over-year basis. During the same period last year, the business earned $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, equities research analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

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.