Fourpath Capital Management LLC Sells 50 Shares of Palo Alto Networks, Inc. $PANW

Fourpath Capital Management LLC lowered its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.0% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,615 shares of the network technology company’s stock after selling 50 shares during the period. Fourpath Capital Management LLC’s holdings in Palo Alto Networks were worth $330,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Robertson Stephens Wealth Management LLC increased its position in shares of Palo Alto Networks by 725.5% in the second quarter. Robertson Stephens Wealth Management LLC now owns 20,736 shares of the network technology company’s stock worth $4,243,000 after purchasing an additional 18,224 shares during the period. Costello Asset Management INC increased its position in shares of Palo Alto Networks by 87.3% in the second quarter. Costello Asset Management INC now owns 1,592 shares of the network technology company’s stock worth $326,000 after purchasing an additional 742 shares during the period. Cyndeo Wealth Partners LLC increased its position in shares of Palo Alto Networks by 16.8% in the second quarter. Cyndeo Wealth Partners LLC now owns 16,038 shares of the network technology company’s stock worth $3,282,000 after purchasing an additional 2,312 shares during the period. Galvin Gaustad & Stein LLC increased its position in shares of Palo Alto Networks by 36.5% in the second quarter. Galvin Gaustad & Stein LLC now owns 4,302 shares of the network technology company’s stock worth $880,000 after purchasing an additional 1,150 shares during the period. Finally, M1 Capital Management LLC increased its position in shares of Palo Alto Networks by 9.3% in the second quarter. M1 Capital Management LLC now owns 1,354 shares of the network technology company’s stock worth $277,000 after purchasing an additional 115 shares during the period. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Trading Down 3.1%

Palo Alto Networks stock opened at $208.55 on Friday. The company has a market capitalization of $139.50 billion, a PE ratio of 129.94, a P/E/G ratio of 5.12 and a beta of 0.98. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $217.94. The stock has a 50-day moving average price of $192.94 and a two-hundred day moving average price of $189.14.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. The firm had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business’s quarterly revenue was up 15.8% on a year-over-year basis. During the same period last year, the company 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. As a group, analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Wedbush reaffirmed an “outperform” rating and issued a $225.00 price objective on shares of Palo Alto Networks in a research note on Monday, September 15th. Needham & Company LLC reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, September 3rd. BMO Capital Markets raised their price objective on Palo Alto Networks from $217.00 to $225.00 and gave the company an “outperform” rating in a research note on Tuesday, August 19th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $223.00 price objective on shares of Palo Alto Networks in a research note on Friday, August 15th. Finally, Barclays reaffirmed an “overweight” rating and issued a $215.00 price objective (up from $210.00) on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Twenty-eight research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $214.95.

Insider Transactions at Palo Alto Networks

In related news, CEO Nikesh Arora sold 846,408 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total value of $172,718,016.48. Following the transaction, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $211.92, for a total value of $25,594,426.08. Following the completion of the transaction, the executive vice president directly owned 149,190 shares in the company, valued at approximately $31,616,344.80. This represents a 44.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,315,130 shares of company stock valued at $260,687,367. 2.50% of the stock is currently owned by corporate insiders.

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.