Palo Alto Networks, Inc. $PANW Stake Reduced by Integrated Advisors Network LLC

Integrated Advisors Network LLC trimmed its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.0% in the third quarter, Holdings Channel.com reports. The fund owned 66,412 shares of the network technology company’s stock after selling 3,510 shares during the period. Palo Alto Networks comprises 1.2% of Integrated Advisors Network LLC’s portfolio, making the stock its 13th biggest holding. Integrated Advisors Network LLC’s holdings in Palo Alto Networks were worth $26,386,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in PANW. Janney Montgomery Scott LLC boosted its holdings in shares of Palo Alto Networks by 15.0% during the first quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock worth $65,796,000 after purchasing an additional 53,485 shares during the period. B&D White Capital Company LLC purchased a new position in Palo Alto Networks during the first quarter valued at approximately $353,000. Bridgewater Advisors Inc. acquired a new position in Palo Alto Networks in the 2nd quarter valued at approximately $2,159,000. Granite Islands Private Wealth LLC increased its stake in Palo Alto Networks by 43.6% in the 1st quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock valued at $2,453,000 after buying an additional 4,659 shares during the period. Finally, Mn Services Vermogensbeheer B.V. increased its stake in Palo Alto Networks by 1.6% in the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 240,029 shares of the network technology company’s stock valued at $95,366,000 after buying an additional 3,700 shares during the period. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $340.28 on Wednesday. The stock has a market capitalization of $278.35 billion, a P/E ratio of 667.23, a P/E/G ratio of 9.99 and a beta of 0.93. The business has a 50-day moving average of $371.03 and a two-hundred day moving average of $304.63. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $432.33. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.87 and a quick ratio of 0.87.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Tuesday, September 1st. The network technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.04. Palo Alto Networks had a return on equity of 8.50% and a net margin of 2.67%. The business had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.35 billion. During the same quarter in the prior year, the firm posted $0.95 EPS. The firm’s revenue for the quarter was up 34.5% on a year-over-year basis. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. On average, equities research analysts predict that Palo Alto Networks, Inc. will post 2.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on PANW. Stifel Nicolaus set a $415.00 target price on shares of Palo Alto Networks and gave the stock a “buy” rating in a research report on Wednesday, August 19th. BNP Paribas Exane boosted their price target on shares of Palo Alto Networks from $380.00 to $400.00 and gave the company an “outperform” rating in a report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $430.00 price target (up from $350.00) on shares of Palo Alto Networks in a research note on Wednesday, September 2nd. Wedbush started coverage on shares of Palo Alto Networks in a research note on Friday, September 11th. They issued an “outperform” rating and a $400.00 price target on the stock. Finally, TD Cowen reiterated a “buy” rating and set a $440.00 price objective (up from $400.00) on shares of Palo Alto Networks in a report on Friday, October 2nd. Thirty-nine research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $398.55.

Insider Activity

In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $376.68, for a total transaction of $7,533,600.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John Key sold 2,500 shares of Palo Alto Networks stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $376.03, for a total transaction of $940,075.00. Following the completion of the transaction, the director directly owned 10,000 shares in the company, valued at approximately $3,760,300. This represents a 20.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 54,210 shares of company stock valued at $20,823,029. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Profile

Palo Alto Networks, Inc (NASDAQ:PANW) is a global cybersecurity company that helps organizations protect networks, cloud environments, endpoints, and digital infrastructure. Its offerings are designed to prevent cyberattacks, identify security risks, monitor activity, and support incident response across enterprise, government, and service-provider environments.

The company’s portfolio includes network security products such as next-generation firewalls and security operations tools; Prisma, its cloud security platform; and Cortex, a suite focused on endpoint protection, threat detection, security analytics, and automated response.