Secured Retirement Advisors LLC Sells 514 Shares of Palo Alto Networks, Inc. $PANW

Secured Retirement Advisors LLC decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 9.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,663 shares of the network technology company’s stock after selling 514 shares during the quarter. Secured Retirement Advisors LLC’s holdings in Palo Alto Networks were worth $954,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of 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 acquiring an additional 1,541,637 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of 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 valued at $1,234,650,000 after acquiring an additional 2,134,735 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Palo Alto Networks by 16.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company’s stock valued at $1,177,765,000 after acquiring an additional 950,765 shares in the last quarter. Nuveen LLC bought a new position in shares of Palo Alto Networks during the first quarter valued at $810,047,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Palo Alto Networks by 5.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 4,422,037 shares of the network technology company’s stock valued at $754,576,000 after acquiring an additional 219,111 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on PANW shares. Morgan Stanley raised their price target on Palo Alto Networks from $210.00 to $216.00 and gave the company an “overweight” rating in a report on Tuesday, September 2nd. Stephens restated an “equal weight” rating and set a $205.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. Needham & Company LLC restated a “buy” rating and set a $230.00 price target on shares of Palo Alto Networks in a report on Wednesday, September 3rd. 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. Finally, New Street Research lifted their price objective on Palo Alto Networks from $235.00 to $240.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Twenty-eight research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $214.95.

Palo Alto Networks Stock Down 0.7%

NASDAQ PANW opened at $211.04 on Wednesday. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $214.02. The firm has a market capitalization of $141.16 billion, a P/E ratio of 131.49, a PEG ratio of 5.06 and a beta of 0.98. The company has a 50-day moving average price of $190.70 and a 200-day moving average price of $188.60.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results 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 firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the prior year, the firm earned $0.75 EPS. 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. As a group, equities research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Activity

In other news, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the completion of the sale, the executive vice president owned 149,190 shares of the company’s stock, valued at $31,616,344.80. This represents a 44.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer directly owned 275,013 shares of the company’s stock, 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. Over the last ninety days, insiders have sold 1,315,130 shares of company stock worth $260,687,367. 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.