Palo Alto Networks, Inc. $PANW Stock Position Lowered by Vermillion Wealth Management Inc.

Vermillion Wealth Management Inc. decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 58.3% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 135 shares of the network technology company’s stock after selling 189 shares during the period. Vermillion Wealth Management Inc.’s holdings in Palo Alto Networks were worth $28,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new position in Palo Alto Networks during the first quarter valued at $810,047,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Palo Alto Networks in the 2nd quarter valued at about $633,068,000. Goldman Sachs Group Inc. lifted its position in shares of Palo Alto Networks by 41.9% in 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 in the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in shares of 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 period. Finally, Vanguard Group Inc. grew 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 valued at $10,712,019,000 after purchasing an additional 1,541,637 shares in the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Lee Klarich sold 120,774 shares of the business’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the transaction, the executive vice president owned 177,954 shares of the company’s stock, valued at approximately $34,008,788.94. The trade was a 40.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the transaction, the chief executive officer owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,415,030 shares of company stock valued at $279,198,494 in the last 90 days. 2.50% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms have issued reports on PANW. Rosenblatt Securities cut their target price on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a research report on Thursday, August 14th. Barclays reissued an “overweight” rating and set a $215.00 price objective (up previously from $210.00) on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Jefferies Financial Group set a $235.00 target price on Palo Alto Networks in a research report on Tuesday, July 29th. JMP Securities reissued a “market outperform” rating and issued a $212.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, Westpark Capital reaffirmed a “hold” rating on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Thirty investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $214.64.

Palo Alto Networks Stock Performance

Palo Alto Networks stock opened at $202.37 on Monday. The business’s 50-day simple moving average is $189.58 and its 200-day simple moving average is $187.47. The firm has a market capitalization of $135.37 billion, a PE ratio of 126.09, a PEG ratio of 4.82 and a beta of 0.98. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $210.39.

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 during 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% compared to the same quarter last year. During the same quarter in the prior year, the company 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. Research analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

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.