Clarendon Private LLC Sells 543 Shares of Palo Alto Networks, Inc. $PANW

Clarendon Private LLC lessened its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 22.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,859 shares of the network technology company’s stock after selling 543 shares during the quarter. Clarendon Private LLC’s holdings in Palo Alto Networks were worth $380,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. CWM LLC raised its stake in Palo Alto Networks by 24.5% during the 2nd quarter. CWM LLC now owns 74,571 shares of the network technology company’s stock valued at $15,260,000 after purchasing an additional 14,661 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in Palo Alto Networks by 13.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 98,891 shares of the network technology company’s stock valued at $20,243,000 after purchasing an additional 12,019 shares during the period. Johnson Investment Counsel Inc. raised its stake in Palo Alto Networks by 5.3% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 21,205 shares of the network technology company’s stock valued at $4,339,000 after purchasing an additional 1,076 shares during the period. waypoint wealth counsel bought a new stake in Palo Alto Networks during the 2nd quarter valued at approximately $286,000. Finally, Apollon Wealth Management LLC increased its stake in Palo Alto Networks by 10.3% in the 2nd quarter. Apollon Wealth Management LLC now owns 94,572 shares of the network technology company’s stock worth $19,353,000 after acquiring an additional 8,835 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Insider Transactions at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total transaction of $141,512.00. Following the completion of the transaction, the chief accounting officer owned 32,474 shares in the company, valued at $6,564,943.84. The trade was a 2.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total value of $1,020,950.00. Following the transaction, the executive vice president owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. The trade was a 4.94% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is currently owned by corporate insiders.

Palo Alto Networks Stock Performance

Shares of Palo Alto Networks stock opened at $208.55 on Friday. The stock has a market cap of $139.50 billion, a price-to-earnings ratio of 129.94, a price-to-earnings-growth ratio of 4.96 and a beta of 0.98. The stock has a 50 day moving average price of $192.94 and a 200-day moving average price of $189.17. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $217.94.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The company’s quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Sell-side analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

PANW has been the topic of a number of research reports. JMP Securities reaffirmed a “market outperform” rating and issued a $212.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $223.00 price objective on shares of Palo Alto Networks in a research note on Friday, August 15th. Needham & Company LLC reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, September 3rd. Piper Sandler raised Palo Alto Networks from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $200.00 to $225.00 in a research note on Tuesday, August 12th. Finally, Stephens reaffirmed an “equal weight” rating and issued a $205.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Twenty-eight equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $214.95.

Palo Alto Networks Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.