Carmel Capital Partners LLC Has $380,000 Position in Palo Alto Networks, Inc. $PANW

Carmel Capital Partners LLC lowered its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 2.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,856 shares of the network technology company’s stock after selling 52 shares during the quarter. Carmel Capital Partners LLC’s holdings in Palo Alto Networks were worth $380,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. HWG Holdings LP acquired a new position in shares of Palo Alto Networks in the first quarter valued at approximately $31,000. Dagco Inc. acquired a new position in shares of Palo Alto Networks in the first quarter valued at approximately $33,000. Marshall & Sullivan Inc. WA acquired a new position in shares of Palo Alto Networks in the second quarter valued at approximately $41,000. WPG Advisers LLC acquired a new position in shares of Palo Alto Networks in the first quarter valued at approximately $37,000. Finally, Strategic Investment Solutions Inc. IL increased its stake in shares of Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after buying an additional 83 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Activity

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total transaction of $141,512.00. Following the transaction, the chief accounting officer directly owned 32,474 shares in the company, valued at approximately $6,564,943.84. This represents a 2.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction that occurred 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 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 disclosure for this sale can be found here. In the last three months, insiders sold 1,315,130 shares of company stock worth $260,687,367. Company insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Performance

Palo Alto Networks stock opened at $207.89 on Friday. The stock has a market capitalization of $139.06 billion, a price-to-earnings ratio of 129.53, a PEG ratio of 4.89 and a beta of 0.98. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $217.94. The stock’s 50 day moving average price is $196.80 and its two-hundred day moving average price is $190.29.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the business 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. On average, equities research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Analyst Upgrades and Downgrades

PANW has been the subject of several recent research reports. Rosenblatt Securities lowered their price objective on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a research note on Thursday, August 14th. KeyCorp downgraded shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Truist Financial set a $220.00 target price on shares of Palo Alto Networks and gave the company a “buy” rating in a research report on Tuesday, August 19th. Mizuho increased their target price on shares of Palo Alto Networks from $210.00 to $220.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Jefferies Financial Group set a $235.00 target price on shares of Palo Alto Networks in a research report on Tuesday, July 29th. Thirty equities research 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $216.60.

Palo Alto Networks Company 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.