Palo Alto Networks (NASDAQ:PANW) Director Aparna Bawa Sells 536 Shares of Stock

Palo Alto Networks, Inc. (NASDAQ:PANW) Director Aparna Bawa sold 536 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $280.00, for a total transaction of $150,080.00. Following the completion of the sale, the director directly owned 7,704 shares of the company’s stock, valued at approximately $2,157,120. This trade represents a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Thursday, June 11th, Aparna Bawa sold 555 shares of Palo Alto Networks stock. The shares were sold at an average price of $270.00, for a total transaction of $149,850.00.
• 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 transaction of $99,905.00.

Palo Alto Networks Price Performance

Palo Alto Networks stock opened at $279.62 on Friday. The firm has a 50-day moving average of $216.44 and a two-hundred day moving average of $189.22. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $302.95. The stock has a market cap of $227.89 billion, a price-to-earnings ratio of 229.20, a price-to-earnings-growth ratio of 10.38 and a beta of 0.94. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the prior year, the company earned $0.37 EPS. The company’s 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. On average, research analysts forecast that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Aviva PLC increased its stake in Palo Alto Networks by 5.4% during the 4th quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after purchasing an additional 29,230 shares in the last quarter. Westfield Capital Management Co. LP acquired a new position in Palo Alto Networks during the 3rd quarter valued at approximately $75,412,000. Peapack Gladstone Financial Corp increased its stake in Palo Alto Networks by 8.8% during the 4th quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock valued at $8,926,000 after purchasing an additional 3,926 shares in the last quarter. American Century Companies Inc. increased its stake in Palo Alto Networks by 134.1% during the 3rd quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock valued at $136,859,000 after purchasing an additional 384,985 shares in the last quarter. Finally, US Bancorp DE increased its stake in Palo Alto Networks by 0.6% during the 3rd quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock valued at $277,828,000 after purchasing an additional 8,344 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

PANW has been the subject of several research reports. Loop Capital upped their price target on shares of Palo Alto Networks from $160.00 to $290.00 and gave the stock a “hold” rating in a research report on Wednesday, June 3rd. Citizens Jmp reaffirmed a “market outperform” rating and issued a $250.00 price target on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Susquehanna reaffirmed a “positive” rating and issued a $350.00 price target (up from $200.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Royal Bank Of Canada upped their price target on shares of Palo Alto Networks from $255.00 to $330.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Finally, Sanford C. Bernstein upped their price target on shares of Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $306.59.

About Palo Alto Networks

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.