Josh Paul Sells 700 Shares of Palo Alto Networks (NASDAQ:PANW) Stock

Palo Alto Networks, Inc. (NASDAQ:PANW) CAO Josh Paul sold 700 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $219.97, for a total transaction of $153,979.00. Following the sale, the chief accounting officer directly owned 47,505 shares of the company’s stock, valued at approximately $10,449,674.85. This trade represents a 1.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Palo Alto Networks Price Performance

Shares of PANW stock traded down $4.71 during mid-day trading on Tuesday, hitting $214.52. The company had a trading volume of 6,354,673 shares, compared to its average volume of 6,191,041. The stock’s 50 day moving average price is $205.20 and its 200-day moving average price is $194.84. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $223.61. The company has a market capitalization of $143.49 billion, a P/E ratio of 133.66, a P/E/G ratio of 5.24 and a beta of 0.95.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping 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 business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the previous year, the company earned $0.75 EPS. The business’s quarterly revenue 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. On average, equities research analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have commented on PANW. Mizuho increased their price objective on shares of Palo Alto Networks from $210.00 to $220.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Rosenblatt Securities dropped their price objective on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a report on Thursday, August 14th. Guggenheim increased their price objective on shares of Palo Alto Networks from $130.00 to $135.00 and gave the company a “sell” rating in a report on Tuesday, August 19th. Jefferies Financial Group set a $235.00 target price on shares of Palo Alto Networks in a research report on Tuesday, July 29th. Finally, Sanford C. Bernstein set a $207.00 target price on shares of Palo Alto Networks and gave the company an “outperform” rating in a research report on Tuesday, August 19th. 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, the company has a consensus rating of “Moderate Buy” and an average price target of $218.17.

Institutional Trading of Palo Alto Networks

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new stake in Palo Alto Networks in the 2nd quarter worth about $25,000. Whipplewood Advisors LLC raised its position in Palo Alto Networks by 6,400.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after purchasing an additional 128 shares during the period. Briaud Financial Planning Inc purchased a new stake in Palo Alto Networks in the 2nd quarter worth about $28,000. Howard Hughes Medical Institute purchased a new position in shares of Palo Alto Networks during the second quarter worth approximately $29,000. Finally, MTM Investment Management LLC purchased a new position in shares of Palo Alto Networks during the second quarter worth approximately $31,000. 79.82% of the stock is owned by hedge funds and other institutional investors.

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.