Janus Henderson Group PLC Sells 6,576 Shares of Palo Alto Networks, Inc. $PANW

Janus Henderson Group PLC lowered its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 0.9% during the first quarter, according to its most recent filing with the SEC. The firm owned 731,857 shares of the network technology company’s stock after selling 6,576 shares during the period. Janus Henderson Group PLC’s holdings in Palo Alto Networks were worth $117,331,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. GSG Advisors LLC raised its stake in Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,536 shares of the network technology company’s stock worth $2,010,000 after buying an additional 51 shares during the last quarter. Outfitters Financial LLC boosted its position in Palo Alto Networks by 1.7% during the fourth quarter. Outfitters Financial LLC now owns 3,265 shares of the network technology company’s stock valued at $601,000 after acquiring an additional 55 shares during the last quarter. Ancora Advisors LLC grew its holdings in Palo Alto Networks by 2.4% during the 3rd quarter. Ancora Advisors LLC now owns 2,312 shares of the network technology company’s stock worth $471,000 after acquiring an additional 55 shares during the period. PGIM Custom Harvest LLC grew its holdings in Palo Alto Networks by 1.4% during the 3rd quarter. PGIM Custom Harvest LLC now owns 3,859 shares of the network technology company’s stock worth $786,000 after acquiring an additional 55 shares during the period. Finally, CYBER HORNET ETFs LLC raised its position in shares of Palo Alto Networks by 3.4% in the 3rd quarter. CYBER HORNET ETFs LLC now owns 1,739 shares of the network technology company’s stock worth $354,000 after acquiring an additional 57 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft boosted their price objective on Palo Alto Networks from $220.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. BMO Capital Markets lifted their target price on Palo Alto Networks from $270.00 to $335.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. HSBC boosted their price target on Palo Alto Networks from $114.00 to $207.00 in a research note on Thursday, June 4th. Mizuho raised their price objective on shares of Palo Alto Networks from $265.00 to $305.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Finally, BTIG Research boosted their target price on shares of Palo Alto Networks from $333.00 to $380.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $331.48.

Insider Buying and Selling at Palo Alto Networks

In other news, CAO Josh D. Paul sold 900 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $345.00, for a total transaction of $310,500.00. Following the completion of the sale, the chief accounting officer directly owned 79,644 shares of the company’s stock, valued at $27,477,180. The trade was a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the transaction, the executive vice president directly owned 145,250 shares in the company, valued at approximately $42,058,590. The trade was a 3.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 101,239 shares of company stock worth $27,174,360 in the last ninety days. 1.40% of the stock is currently owned by corporate insiders.

Palo Alto Networks Stock Up 1.9%

PANW stock opened at $331.83 on Friday. The stock’s 50 day simple moving average is $308.00 and its 200 day simple moving average is $222.24. The company has a market cap of $270.44 billion, a P/E ratio of 271.99, a price-to-earnings-growth ratio of 12.09 and a beta of 0.91. 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, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $368.80.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the previous year, the company posted $0.37 earnings per share. The company’s quarterly 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. On average, research analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

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.