United Capital Management of KS Inc. Sells 565 Shares of Palo Alto Networks, Inc. $PANW

United Capital Management of KS Inc. lessened its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 0.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 87,002 shares of the network technology company’s stock after selling 565 shares during the period. Palo Alto Networks makes up 2.8% of United Capital Management of KS Inc.’s holdings, making the stock its 7th largest position. United Capital Management of KS Inc.’s holdings in Palo Alto Networks were worth $17,804,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Whipplewood Advisors LLC lifted its position in shares of Palo Alto Networks by 6,400.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 128 shares during the last quarter. Briaud Financial Planning Inc acquired a new position in shares of Palo Alto Networks in the 2nd quarter valued at $28,000. Dagco Inc. acquired a new stake in Palo Alto Networks during the 1st quarter worth about $33,000. WPG Advisers LLC acquired a new position in shares of Palo Alto Networks in the first quarter worth about $37,000. Finally, Strategic Investment Solutions Inc. IL increased its position in shares of Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after acquiring an additional 83 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Scotiabank lifted their price objective on shares of Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, August 19th. Truist Financial set a $220.00 price target on shares of Palo Alto Networks and gave the stock a “buy” rating in a report on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the company an “outperform” rating in a research report on Tuesday, August 19th. Mizuho lifted their price target on Palo Alto Networks from $210.00 to $220.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Finally, Jefferies Financial Group set a $235.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, July 29th. Thirty research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $217.22.

Palo Alto Networks Price Performance

NASDAQ PANW opened at $217.11 on Monday. The company’s fifty day moving average is $200.79 and its two-hundred day moving average is $192.59. The firm has a market capitalization of $145.22 billion, a price-to-earnings ratio of 135.27, a P/E/G ratio of 5.16 and a beta of 0.98. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $218.23.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly 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 analysts’ expectations of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The company’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $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. As a group, sell-side analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Insider Activity at Palo Alto Networks

In other news, CEO Nikesh Arora sold 846,408 shares of the 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 completion of the transaction, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. This represents a 75.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Nir Zuk sold 100,000 shares of the business’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the sale, the executive vice president directly owned 3,143,516 shares in the company, valued at approximately $543,199,564.80. This represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,315,130 shares of company stock worth $260,687,367 in the last ninety days. Company insiders own 2.50% of the company’s stock.

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.