Palo Alto Networks (NASDAQ:PANW) Stock Price Down 2.2% – Time to Sell?

Shares of Palo Alto Networks, Inc. (NASDAQ:PANW) were down 2.2% during trading on Monday . The company traded as low as $372.30 and last traded at $375.76. Approximately 5,075,975 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 8,756,302 shares. The stock had previously closed at $384.27.

Analyst Upgrades and Downgrades

PANW has been the subject of a number of research reports. Loop Capital upped their price target on shares of Palo Alto Networks from $160.00 to $290.00 and gave the stock a “hold” rating in a research report on Wednesday, June 3rd. Mizuho raised their price objective on Palo Alto Networks from $265.00 to $305.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Stifel Nicolaus set a $340.00 price objective on Palo Alto Networks in a research note on Wednesday, June 3rd. Barclays reaffirmed an “overweight” rating and issued a $370.00 target price (up from $315.00) on shares of Palo Alto Networks in a research report on Wednesday, August 5th. Finally, Argus set a $425.00 target price on Palo Alto Networks in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $342.61.

Palo Alto Networks Price Performance

The stock has a market cap of $306.24 billion, a PE ratio of 308.00, a P/E/G ratio of 12.89 and a beta of 0.91. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The company’s 50 day moving average is $328.02 and its 200-day moving average is $235.70.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The firm had revenue of $3 billion for 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 firm’s revenue was up 31.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.37 EPS. 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, sell-side analysts predict that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current year.

Insiders Place Their Bets

In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the sale, the director directly owned 20,000 shares in the company, valued at $5,598,000. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the completion of the transaction, the executive vice president directly owned 145,250 shares in the company, valued at approximately $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 101,239 shares of company stock valued at $27,174,360. Insiders own 1.40% of the company’s stock.

Institutional Trading of Palo Alto Networks

Hedge funds have recently made changes to their positions in the stock. Trilogy Capital Inc. raised its position in shares of Palo Alto Networks by 1.8% during the 2nd quarter. Trilogy Capital Inc. now owns 2,127 shares of the network technology company’s stock worth $725,000 after buying an additional 37 shares in the last quarter. Wisconsin Wealth Advisors LLC boosted its holdings in shares of Palo Alto Networks by 1.2% in the second quarter. Wisconsin Wealth Advisors LLC now owns 3,206 shares of the network technology company’s stock valued at $1,093,000 after acquiring an additional 38 shares in the last quarter. Orrstown Financial Services Inc. increased its stake in shares of Palo Alto Networks by 1.2% during the second quarter. Orrstown Financial Services Inc. now owns 3,197 shares of the network technology company’s stock valued at $1,090,000 after acquiring an additional 38 shares during the period. GSG Advisors LLC increased its stake in shares of Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,536 shares of the network technology company’s stock valued at $2,010,000 after acquiring an additional 51 shares during the period. Finally, PGIM Custom Harvest LLC raised its holdings in Palo Alto Networks by 1.4% during the third quarter. PGIM Custom Harvest LLC now owns 3,859 shares of the network technology company’s stock worth $786,000 after purchasing an additional 55 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

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.