Palo Alto Networks, Inc. $PANW Shares Sold by Trivium Point Advisory LLC

Trivium Point Advisory LLC trimmed its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,594 shares of the network technology company’s stock after selling 376 shares during the period. Trivium Point Advisory LLC’s holdings in Palo Alto Networks were worth $1,349,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of PANW. Nuveen LLC acquired a new stake in shares of Palo Alto Networks in the first quarter valued at about $810,047,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Palo Alto Networks in the second quarter valued at about $633,068,000. Goldman Sachs Group Inc. increased its position in Palo Alto Networks by 41.9% during the first quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after purchasing an additional 2,134,735 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in Palo Alto Networks by 77.1% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company’s stock worth $662,000,000 after purchasing an additional 1,688,432 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in Palo Alto Networks by 2.5% during the first quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock worth $10,712,019,000 after purchasing an additional 1,541,637 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Nikesh Arora sold 846,408 shares of Palo Alto Networks stock in a transaction that occurred 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 completion of the transaction, the chief executive officer owned 275,013 shares in the company, valued at $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the transaction, the executive vice president owned 3,143,516 shares of the company’s stock, valued at $543,199,564.80. This represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,314,430 shares of company stock valued at $259,210,094 over the last ninety days. 2.50% of the stock is currently owned by corporate insiders.

Palo Alto Networks Stock Performance

NASDAQ PANW opened at $203.62 on Wednesday. The firm has a 50 day simple moving average of $189.80 and a 200-day simple moving average of $187.74. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $210.39. The firm has a market cap of $136.20 billion, a price-to-earnings ratio of 126.87, a PEG ratio of 4.86 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter last year, the firm posted $0.75 earnings per share. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Equities analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on PANW shares. Cantor Fitzgerald restated an “overweight” rating and set a $223.00 price objective on shares of Palo Alto Networks in a research report on Friday, August 15th. Guggenheim raised their price objective on shares of Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research report on Tuesday, August 19th. Barclays restated an “overweight” rating and set a $215.00 price objective (up from $210.00) on shares of Palo Alto Networks in a research report on Tuesday, August 19th. UBS Group set a $245.00 price objective on shares of Palo Alto Networks in a research report on Friday. Finally, KeyCorp cut shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Thirty 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 presently has a consensus rating of “Moderate Buy” and a consensus price target of $214.64.

About Palo Alto Networks

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.