Insider Selling: Palo Alto Networks (NASDAQ:PANW) Director Sells $201,399.44 in Stock

Palo Alto Networks, Inc. (NASDAQ:PANW) Director Aparna Bawa sold 632 shares of the stock in a transaction on Monday, June 29th. The shares were sold at an average price of $318.67, for a total transaction of $201,399.44. Following the completion of the sale, the director directly owned 6,727 shares of the company’s stock, valued at approximately $2,143,693.09. This trade represents a 8.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Aparna Bawa also recently made the following trade(s):

• On Wednesday, July 1st, Aparna Bawa sold 290 shares of Palo Alto Networks stock. The stock was sold at an average price of $348.74, for a total transaction of $101,134.60.
• On Monday, June 22nd, Aparna Bawa sold 345 shares of Palo Alto Networks stock. The shares were sold at an average price of $290.17, for a total transaction of $100,108.65.
• On Friday, June 12th, Aparna Bawa sold 536 shares of Palo Alto Networks stock. The shares were sold at an average price of $280.00, for a total transaction of $150,080.00.
• On Thursday, June 11th, Aparna Bawa sold 555 shares of Palo Alto Networks stock. The shares were sold at an average price of $270.00, for a total transaction of $149,850.00.
• On Wednesday, June 10th, Aparna Bawa sold 377 shares of Palo Alto Networks stock. The stock was sold at an average price of $265.00, for a total value of $99,905.00.

Palo Alto Networks Stock Performance

Palo Alto Networks stock opened at $348.06 on Friday. The business has a 50 day moving average price of $258.43 and a two-hundred day moving average price of $201.39. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $358.10. The stock has a market cap of $283.67 billion, a price-to-earnings ratio of 285.30, a price-to-earnings-growth ratio of 12.92 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.Palo Alto Networks’s quarterly revenue was up 31.1% on a year-over-year basis. During the same period in the previous year, the business 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, equities analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Analyst Ratings Changes

A number of research firms have recently commented on PANW. JPMorgan Chase & Co. raised their price objective on shares of Palo Alto Networks from $200.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Stifel Nicolaus set a $340.00 price target on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Northland Securities raised their price target on shares of Palo Alto Networks from $190.00 to $302.00 and gave the stock a “market perform” rating in a research note on Wednesday, June 3rd. BTIG Research upped their price objective on Palo Alto Networks from $333.00 to $380.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Capital One Financial increased their target price on Palo Alto Networks from $168.00 to $248.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $316.15.

Institutional Investors Weigh In On Palo Alto Networks

Hedge funds have recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB boosted its position in Palo Alto Networks by 1.3% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 98,971 shares of the network technology company’s stock valued at $33,751,000 after buying an additional 1,274 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of Palo Alto Networks by 19.7% during the second quarter. Versant Capital Management Inc now owns 1,883 shares of the network technology company’s stock worth $642,000 after buying an additional 310 shares in the last quarter. Hilltop National Bank increased its holdings in shares of Palo Alto Networks by 1.4% during the second quarter. Hilltop National Bank now owns 5,749 shares of the network technology company’s stock worth $1,961,000 after buying an additional 78 shares in the last quarter. First County Bank CT raised its stake in shares of Palo Alto Networks by 1.0% in the second quarter. First County Bank CT now owns 9,937 shares of the network technology company’s stock valued at $3,389,000 after acquiring an additional 98 shares during the last quarter. Finally, Roxbury Financial LLC boosted its holdings in shares of Palo Alto Networks by 11.8% in the 2nd quarter. Roxbury Financial LLC now owns 950 shares of the network technology company’s stock worth $324,000 after acquiring an additional 100 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.