Palo Alto Networks, Inc. $PANW Shares Sold by Swedbank AB

Swedbank AB trimmed its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 2.9% in the 1st quarter, HoldingsChannel reports. The fund owned 2,739,952 shares of the network technology company’s stock after selling 81,003 shares during the quarter. Swedbank AB’s holdings in Palo Alto Networks were worth $439,269,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. South Plains Financial Inc. lifted its stake in shares of Palo Alto Networks by 1.0% in the 3rd quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock valued at $982,000 after purchasing an additional 50 shares during the last quarter. Fayez Sarofim & Co increased its position in shares of Palo Alto Networks by 1.2% during the 3rd quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock worth $878,000 after purchasing an additional 50 shares during the last quarter. Certified Advisory Corp raised its holdings in Palo Alto Networks by 0.3% in the 3rd quarter. Certified Advisory Corp now owns 16,938 shares of the network technology company’s stock valued at $3,449,000 after buying an additional 51 shares during the period. Cooper Financial Group raised its holdings in Palo Alto Networks by 1.3% in the 4th quarter. Cooper Financial Group now owns 4,227 shares of the network technology company’s stock valued at $779,000 after buying an additional 53 shares during the period. Finally, Outfitters Financial LLC lifted its position in Palo Alto Networks by 1.7% in the fourth quarter. Outfitters Financial LLC now owns 3,265 shares of the network technology company’s stock valued at $601,000 after buying an additional 55 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Trading Down 3.0%

NASDAQ:PANW traded down $10.64 on Tuesday, reaching $346.88. 2,967,904 shares of the company’s stock were exchanged, compared to its average volume of 9,310,690. The firm has a market capitalization of $282.71 billion, a price-to-earnings ratio of 285.21, a price-to-earnings-growth ratio of 12.92 and a beta of 0.91. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $368.17. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The business has a fifty day moving average of $258.43 and a 200-day moving average of $201.50.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion during the quarter, compared to analyst estimates 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 revenue for the quarter was up 31.1% compared to the same quarter last year. During the same quarter last year, the firm posted $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. As a group, analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PANW. Sanford C. Bernstein increased their target price on shares of Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. FBN Securities restated an “outperform” rating on shares of Palo Alto Networks in a report on Wednesday, July 1st. Mizuho increased their price objective on shares of Palo Alto Networks from $265.00 to $305.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Northland Securities lifted their target price on shares of Palo Alto Networks from $190.00 to $302.00 and gave the company a “market perform” rating in a report on Wednesday, June 3rd. Finally, Susquehanna reissued a “positive” rating and issued a $350.00 target price (up from $200.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $317.78.

Palo Alto Networks News Summary

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Needham raised its price target on Palo Alto Networks to $425 from $350 and reiterated a buy rating, signaling continued upside confidence. Article Title
• Positive Sentiment: BTIG and Wells Fargo also recently increased price targets, helping fuel the stock’s record-high run and supporting investor optimism around cybersecurity demand and AI-driven security products. Article Title
• Positive Sentiment: Commentary from several outlets highlighted PANW as a high-growth cybersecurity name, with analysts pointing to improving business momentum and continued demand as reasons for the stock’s strength. Article Title
• Neutral Sentiment: One article noted that PANW is trading near all-time highs after a steep year-to-date advance, suggesting the stock is now priced for continued execution. Article Title
• Negative Sentiment: After a large run-up, some market commentary warned that valuation and “nosebleed” pricing could limit near-term upside if results fail to keep pace with expectations. Article Title

Insider Activity at Palo Alto Networks

In other news, Director Aparna Bawa sold 290 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $348.74, for a total transaction of $101,134.60. Following the sale, the director owned 6,437 shares of the company’s stock, valued at approximately $2,244,839.38. This represents a 4.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James J. Goetz sold 20,000 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $279.90, for a total value of $5,598,000.00. Following the completion of 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 102,111 shares of company stock worth $27,204,024 over the last 90 days. 1.40% of the stock is currently owned by corporate insiders.

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.