Palo Alto Networks, Inc. $PANW Shares Sold by Phoenix Financial Ltd.

Phoenix Financial Ltd. lessened its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 46.3% in the second quarter, Holdings Channel.com reports. The firm owned 54,465 shares of the network technology company’s stock after selling 46,898 shares during the period. Phoenix Financial Ltd.’s holdings in Palo Alto Networks were worth $11,141,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in PANW. Brighton Jones LLC grew its position in shares of Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock worth $1,230,000 after acquiring an additional 4,031 shares in the last quarter. Bison Wealth LLC grew its position in shares of Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock worth $948,000 after acquiring an additional 3,275 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Palo Alto Networks by 10.8% in the 1st quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock worth $2,410,000 after acquiring an additional 1,374 shares in the last quarter. Avior Wealth Management LLC grew its position in shares of Palo Alto Networks by 205.6% in the 1st quarter. Avior Wealth Management LLC now owns 2,145 shares of the network technology company’s stock worth $366,000 after acquiring an additional 1,443 shares in the last quarter. Finally, Childress Capital Advisors LLC grew its position in shares of Palo Alto Networks by 6.1% in the 1st quarter. Childress Capital Advisors LLC now owns 1,513 shares of the network technology company’s stock worth $258,000 after acquiring an additional 87 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Trading Up 1.9%

Shares of NASDAQ PANW opened at $211.82 on Tuesday. The company has a market cap of $141.69 billion, a price-to-earnings ratio of 131.98, a price-to-earnings-growth ratio of 4.94 and a beta of 0.98. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $217.94. The stock’s 50 day simple moving average is $197.67 and its 200 day simple moving average is $191.00.

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

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. UBS Group set a $245.00 target price on Palo Alto Networks in a research report on Friday, September 26th. Jefferies Financial Group set a $235.00 target price on Palo Alto Networks in a research report on Tuesday, July 29th. Sanford C. Bernstein set a $207.00 target price on Palo Alto Networks and gave the stock an “outperform” rating in a research report on Tuesday, August 19th. Royal Bank Of Canada reissued an “outperform” rating and issued a $232.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, Rosenblatt Securities cut their price target on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a report on Thursday, August 14th. Thirty investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus price target of $216.60.

Insider Activity

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the sale, the executive vice president owned 96,135 shares of the company’s stock, valued at $19,629,805.65. The trade was a 4.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Nikesh Arora sold 846,408 shares of Palo Alto Networks stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the sale, the chief executive officer directly owned 275,013 shares in the company, valued at $56,119,152.78. The trade was a 75.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,315,130 shares of company stock worth $260,687,367 over the last ninety days. 2.50% of the stock is currently owned by company insiders.

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.