Earned Wealth Advisors LLC Sells 1,902 Shares of Palo Alto Networks, Inc. $PANW

Earned Wealth Advisors LLC decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) by 57.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,436 shares of the network technology company’s stock after selling 1,902 shares during the quarter. Earned Wealth Advisors LLC’s holdings in Palo Alto Networks were worth $230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Commonwealth Financial Services LLC boosted its holdings in shares of Palo Alto Networks by 7.8% during the first quarter. Commonwealth Financial Services LLC now owns 2,447 shares of the network technology company’s stock worth $392,000 after purchasing an additional 178 shares during the period. Meeder Advisory Services Inc. raised its position in Palo Alto Networks by 6.9% during the 1st quarter. Meeder Advisory Services Inc. now owns 19,539 shares of the network technology company’s stock valued at $3,133,000 after purchasing an additional 1,264 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Palo Alto Networks by 9.9% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,284,634 shares of the network technology company’s stock worth $205,912,000 after buying an additional 115,967 shares during the period. Scarborough Advisors LLC purchased a new stake in Palo Alto Networks in the 1st quarter worth approximately $101,000. Finally, Balefire LLC bought a new stake in shares of Palo Alto Networks in the 1st quarter worth approximately $301,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $335.28 on Thursday. The business has a fifty day moving average price of $297.43 and a 200-day moving average price of $215.80. 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 capitalization of $273.25 billion, a PE ratio of 274.82, a PEG ratio of 12.70 and a beta of 0.91. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $368.80.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last announced its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates 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 company 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 business earned $0.37 EPS. The firm’s revenue for the quarter 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 fiscal year.

More Palo Alto Networks News

Here are the key news stories impacting Palo Alto Networks this week:

Insider Buying and Selling

In other Palo Alto Networks news, Director James J. Goetz sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the sale, the director directly owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John P. Key sold 7,500 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.24, for a total value of $2,094,300.00. Following the completion of the sale, the director owned 12,500 shares of the company’s stock, valued at $3,490,500. This trade represents a 37.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 101,239 shares of company stock valued at $27,174,360 in the last 90 days. 1.40% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on PANW shares. JPMorgan Chase & Co. lifted their price target on shares of Palo Alto Networks from $200.00 to $300.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Berenberg Bank upped their price objective on shares of Palo Alto Networks from $290.00 to $360.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Needham & Company LLC raised their target price on shares of Palo Alto Networks from $350.00 to $425.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. Wolfe Research reaffirmed an “outperform” rating and set a $320.00 target price on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Piper Sandler reiterated an “overweight” rating and set a $345.00 price target (up from $265.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and a consensus price target of $331.48.

Check Out Our Latest Report on PANW

Palo Alto Networks Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Palo Alto Networks (NASDAQ:PANW)

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