AAFMAA Wealth Management & Trust LLC Lowers Stock Position in Palo Alto Networks, Inc. $PANW

AAFMAA Wealth Management & Trust LLC lowered its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 33.9% in the second quarter, HoldingsChannel.com reports. The firm owned 5,787 shares of the network technology company’s stock after selling 2,967 shares during the period. AAFMAA Wealth Management & Trust LLC’s holdings in Palo Alto Networks were worth $1,184,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. HWG Holdings LP purchased a new stake in shares of Palo Alto Networks during the first quarter worth $31,000. Dagco Inc. purchased a new stake in shares of Palo Alto Networks during the 1st quarter worth $33,000. WPG Advisers LLC acquired a new position in shares of Palo Alto Networks during the 1st quarter worth about $37,000. Strategic Investment Solutions Inc. IL raised its position in shares of Palo Alto Networks by 58.9% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after acquiring an additional 83 shares in the last quarter. Finally, Stonebridge Financial Group LLC raised its holdings in Palo Alto Networks by 46.8% during the first quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock worth $40,000 after purchasing an additional 74 shares in the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Palo Alto Networks Price Performance

Shares of PANW opened at $202.21 on Friday. The firm has a 50 day simple moving average of $189.45 and a 200-day simple moving average of $187.18. The stock has a market cap of $135.26 billion, a price-to-earnings ratio of 125.99, a price-to-earnings-growth ratio of 4.78 and a beta of 0.98. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $210.39.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating 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 business had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period in the prior year, the business earned $0.75 earnings per share. The business’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 analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on PANW. Morgan Stanley raised their price objective on Palo Alto Networks from $210.00 to $216.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Truist Financial set a $220.00 price objective on Palo Alto Networks and gave the company a “buy” rating in a research note on Tuesday, August 19th. New Street Research upped their price objective on shares of Palo Alto Networks from $235.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Barclays reissued an “overweight” rating and set a $215.00 price target (up from $210.00) on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, BMO Capital Markets raised their price target on Palo Alto Networks from $217.00 to $225.00 and gave the company an “outperform” rating in a report on Tuesday, August 19th. Twenty-nine analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $212.39.

Insider Activity at Palo Alto Networks

In other news, CEO Nikesh Arora sold 846,408 shares of Palo Alto Networks stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total value of $172,718,016.48. Following the completion of the sale, the chief executive officer owned 275,013 shares of the company’s stock, 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 document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nir Zuk sold 100,000 shares of the firm’s stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $198.66, for a total value of $19,866,000.00. Following the completion of the sale, the executive vice president directly owned 3,243,516 shares in the company, valued at approximately $644,356,888.56. The trade was a 2.99% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,415,030 shares of company stock worth $279,198,494. Company insiders own 2.50% of the company’s stock.

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.