GWN Securities Inc. Sells 25,478 Shares of Palo Alto Networks, Inc. $PANW

GWN Securities Inc. trimmed its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 91.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,234 shares of the network technology company’s stock after selling 25,478 shares during the period. GWN Securities Inc.’s holdings in Palo Alto Networks were worth $457,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Palo Alto Networks in the 1st quarter valued at about $261,000. Strive Asset Management LLC raised its stake in Palo Alto Networks by 16.6% in the 1st quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock valued at $358,000 after acquiring an additional 299 shares during the period. Whipplewood Advisors LLC raised its stake in Palo Alto Networks by 6,400.0% in 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 period. Avity Investment Management Inc. raised its stake in Palo Alto Networks by 37.9% in the 2nd quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company’s stock valued at $37,181,000 after acquiring an additional 49,971 shares during the period. Finally, Czech National Bank raised its stake in Palo Alto Networks by 6.4% in the 2nd quarter. Czech National Bank now owns 161,840 shares of the network technology company’s stock valued at $33,119,000 after acquiring an additional 9,766 shares during the period. 79.82% of the stock is currently owned by institutional investors.

Insider Activity at Palo Alto Networks

In other news, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the transaction, the chief executive officer owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total value of $141,512.00. Following the transaction, the chief accounting officer directly owned 32,474 shares of the company’s stock, valued at $6,564,943.84. The trade was a 2.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,315,130 shares of company stock valued at $260,687,367 in the last ninety days. Insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Up 0.5%

PANW stock opened at $221.38 on Wednesday. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $223.61. The firm has a market capitalization of $148.08 billion, a PE ratio of 137.93, a PEG ratio of 5.24 and a beta of 0.98. The stock has a 50-day simple moving average of $202.47 and a two-hundred day simple moving average of $193.30.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The company had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the previous year, the firm earned $0.75 earnings per share. Palo Alto Networks’s revenue was up 15.8% on a year-over-year basis. 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 anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

PANW has been the topic of a number of research reports. Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the company an “outperform” rating in a research note on Tuesday, August 19th. Piper Sandler upgraded Palo Alto Networks from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $200.00 to $225.00 in a research note on Tuesday, August 12th. Barclays restated 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. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $223.00 target price on shares of Palo Alto Networks in a report on Friday, August 15th. Finally, Bank of America lifted their target price on Palo Alto Networks from $215.00 to $240.00 and gave the company a “buy” rating in a report on Monday, October 20th. Thirty investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $218.17.

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.