Insider Selling: Palo Alto Networks (NASDAQ:PANW) Director Sells 345 Shares

Palo Alto Networks, Inc. (NASDAQ:PANW) Director Aparna Bawa sold 345 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $290.17, for a total transaction of $100,108.65. Following the transaction, the director directly owned 7,359 shares in the company, valued at approximately $2,135,361.03. This trade represents a 4.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

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 transaction of $150,080.00.
• 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 value of $149,850.00.
• On Wednesday, June 10th, Aparna Bawa sold 377 shares of Palo Alto Networks stock. The stock was sold at an average price of $265.00, for a total value of $99,905.00.

Palo Alto Networks Trading Down 0.5%

PANW traded down $1.38 during trading on Monday, hitting $286.40. 5,850,574 shares of the stock were exchanged, compared to its average volume of 8,546,942. The firm has a 50 day simple moving average of $228.24 and a 200 day simple moving average of $192.69. The firm has a market cap of $233.42 billion, a price-to-earnings ratio of 234.75, a P/E/G ratio of 10.69 and a beta of 0.94. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $302.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same period in the previous year, the company posted $0.37 EPS. Palo Alto Networks’s revenue was up 31.1% on a year-over-year basis. 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. As a group, equities analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of PANW. Vanguard Group Inc. grew its holdings in Palo Alto Networks by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock worth $12,512,533,000 after purchasing an additional 2,659,100 shares during the last quarter. State Street Corp boosted its position in shares of Palo Alto Networks by 2.0% in the 4th quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock worth $5,587,100,000 after purchasing an additional 594,789 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Palo Alto Networks by 16.0% in the 1st quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company’s stock worth $3,603,473,000 after purchasing an additional 3,101,267 shares in the last quarter. Geode Capital Management LLC grew its stake in Palo Alto Networks by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock worth $2,934,935,000 after buying an additional 540,756 shares during the last quarter. Finally, Norges Bank purchased a new position in Palo Alto Networks during the 4th quarter worth $1,415,364,000. Institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Stifel Nicolaus set a $340.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Arete Research raised shares of Palo Alto Networks from a “sell” rating to a “buy” rating and set a $185.00 price target for the company in a research report on Tuesday, March 3rd. Needham & Company LLC increased their price objective on shares of Palo Alto Networks from $200.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Weiss Ratings downgraded shares of Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Finally, Piper Sandler restated an “overweight” rating and set a $345.00 target price (up from $265.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $306.59.

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.