Palo Alto Networks, Inc. $PANW Shares Sold by Dale Q Rice Investment Management Ltd

Dale Q Rice Investment Management Ltd lowered its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 41.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,100 shares of the network technology company’s stock after selling 1,500 shares during the quarter. Dale Q Rice Investment Management Ltd’s holdings in Palo Alto Networks were worth $404,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Palo Alto Networks during the 1st quarter worth $261,000. Strive Asset Management LLC grew its holdings in Palo Alto Networks by 16.6% in the 1st quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock valued at $358,000 after buying an additional 299 shares during the period. GAMMA Investing LLC grew its holdings in Palo Alto Networks by 10.8% in the 1st quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock valued at $2,410,000 after buying an additional 1,374 shares during the period. Avity Investment Management Inc. grew its holdings in Palo Alto Networks by 37.9% in the 2nd quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company’s stock valued at $37,181,000 after buying an additional 49,971 shares during the period. Finally, Czech National Bank lifted its stake in shares of Palo Alto Networks by 6.4% in the 2nd quarter. Czech National Bank now owns 161,840 shares of the network technology company’s stock valued at $33,119,000 after purchasing an additional 9,766 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total value of $141,512.00. Following the completion of the sale, the chief accounting officer directly owned 32,474 shares in the company, valued at approximately $6,564,943.84. The trade was a 2.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Nir Zuk sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the sale, the executive vice president owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,315,130 shares of company stock worth $260,687,367 over the last quarter. Insiders own 2.50% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on PANW shares. Barclays reaffirmed an “overweight” rating and issued a $215.00 price objective (up from $210.00) on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Needham & Company LLC reaffirmed a “buy” rating and issued a $230.00 target price on shares of Palo Alto Networks in a research report on Wednesday, September 3rd. UBS Group set a $245.00 price target on Palo Alto Networks in a research report on Friday, September 26th. DA Davidson reaffirmed a “buy” rating and issued a $215.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Finally, Morgan Stanley increased their target price on Palo Alto Networks from $210.00 to $216.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. Thirty investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and a consensus price target of $216.60.

Palo Alto Networks Stock Up 1.2%

NASDAQ:PANW opened at $207.89 on Friday. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $217.94. The firm has a market capitalization of $139.06 billion, a price-to-earnings ratio of 129.53, a price-to-earnings-growth ratio of 4.89 and a beta of 0.98. The stock has a fifty day simple moving average of $196.80 and a 200 day simple moving average of $190.29.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period last year, the company posted $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. Equities analysts predict 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.