Palo Alto Networks (NASDAQ:PANW) Director Aparna Bawa Sells 555 Shares

Palo Alto Networks, Inc. (NASDAQ:PANW) Director Aparna Bawa sold 555 shares of the stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $270.00, for a total transaction of $149,850.00. Following the completion of the sale, the director directly owned 8,240 shares in the company, valued at approximately $2,224,800. This trade represents a 6.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Aparna Bawa also recently made the following trade(s):

• On Friday, June 12th, Aparna Bawa sold 536 shares of Palo Alto Networks stock. The shares were sold at an average price of $280.00, for a total value of $150,080.00.
• On Wednesday, June 10th, Aparna Bawa sold 377 shares of Palo Alto Networks stock. The shares were sold at an average price of $265.00, for a total value of $99,905.00.

Palo Alto Networks Stock Performance

Shares of NASDAQ PANW traded up $0.09 during midday trading on Friday, reaching $279.62. 6,770,429 shares of the company traded hands, compared to its average volume of 9,577,431. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $302.95. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market cap of $227.89 billion, a price-to-earnings ratio of 229.20, a PEG ratio of 9.77 and a beta of 0.94. The stock has a 50-day moving average price of $214.06 and a 200 day moving average price of $188.58.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the previous year, the company earned $0.37 earnings per share. The firm’s quarterly revenue was up 31.1% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. Sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on PANW. Evercore reaffirmed an “outperform” rating and issued a $375.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Truist Financial increased their price target on shares of Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Royal Bank Of Canada lifted their target price on shares of Palo Alto Networks from $255.00 to $330.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Rosenblatt Securities increased their price objective on Palo Alto Networks from $275.00 to $355.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. Finally, Arete Research upgraded Palo Alto Networks from a “sell” rating to a “buy” rating and set a $185.00 price objective for the company in a research report on Tuesday, March 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus target price of $306.59.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Darwin Wealth Management LLC bought a new stake in shares of Palo Alto Networks during the second quarter worth $25,000. Steph & Co. lifted its stake in shares of Palo Alto Networks by 88.2% during the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after acquiring an additional 67 shares during the period. Knuff & Co LLC bought a new position in Palo Alto Networks in the fourth quarter valued at about $26,000. Sittner & Nelson LLC increased its position in Palo Alto Networks by 73.8% in the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after purchasing an additional 62 shares during the period. Finally, Luken Investment Analytics LLC increased its position in Palo Alto Networks by 196.2% in the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after purchasing an additional 102 shares during the period. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Company Profile

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.