Bailard Inc. Sells 4,063 Shares of Palo Alto Networks, Inc. $PANW

Bailard Inc. decreased its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 6.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,121 shares of the network technology company’s stock after selling 4,063 shares during the quarter. Bailard Inc.’s holdings in Palo Alto Networks were worth $12,712,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Whipplewood Advisors LLC boosted its stake in Palo Alto Networks by 6,400.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after acquiring an additional 128 shares during the last quarter. Briaud Financial Planning Inc acquired a new stake in Palo Alto Networks in the second quarter worth $28,000. Dagco Inc. bought a new position in shares of Palo Alto Networks during the first quarter worth $33,000. WPG Advisers LLC acquired a new position in shares of Palo Alto Networks in the 1st quarter valued at $37,000. Finally, Strategic Investment Solutions Inc. IL grew its holdings in shares of Palo Alto Networks by 58.9% in the 1st 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. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on PANW shares. Westpark Capital reaffirmed a “hold” rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Wedbush reaffirmed an “outperform” rating and set a $225.00 price target on shares of Palo Alto Networks in a research report on Monday, September 15th. Citigroup reiterated an “outperform” rating on shares of Palo Alto Networks in a report on Monday, October 27th. Oppenheimer increased their target price on Palo Alto Networks from $225.00 to $245.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Finally, Piper Sandler upgraded shares of Palo Alto Networks from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $200.00 to $225.00 in a report on Tuesday, August 12th. Thirty analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average price target of $218.67.

Palo Alto Networks Stock Performance

NASDAQ PANW opened at $218.27 on Wednesday. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $223.61. The stock’s 50 day moving average price is $208.24 and its two-hundred day moving average price is $196.75. The stock has a market capitalization of $149.29 billion, a price-to-earnings ratio of 135.99, a PEG ratio of 5.15 and a beta of 0.95.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The firm’s revenue was up 15.8% compared to the same quarter last year. During the same period last year, the company earned $0.75 earnings per share. 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.

Insider Buying and Selling at Palo Alto Networks

In other news, CAO Josh D. Paul sold 700 shares of the firm’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $219.97, for a total value of $153,979.00. Following the completion of the transaction, the chief accounting officer owned 47,505 shares in the company, valued at $10,449,674.85. This trade represents a 1.45% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the sale, the executive vice president directly owned 96,135 shares in the company, valued at approximately $19,629,805.65. This represents a 4.94% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,215,830 shares of company stock valued at $249,160,428. Corporate insiders own 2.50% of the company’s stock.

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.