TFB Advisors LLC Sells 172 Shares of Palo Alto Networks, Inc. $PANW

TFB Advisors LLC decreased its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.6% during the 2nd quarter, Holdings Channel.com reports. The fund owned 2,912 shares of the network technology company’s stock after selling 172 shares during the quarter. TFB Advisors LLC’s holdings in Palo Alto Networks were worth $596,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in PANW. Nuveen LLC bought a new position in Palo Alto Networks in the 1st quarter valued at about $810,047,000. Kingstone Capital Partners Texas LLC bought a new position in Palo Alto Networks in the 2nd quarter valued at about $633,068,000. Goldman Sachs Group Inc. lifted its position in Palo Alto Networks by 41.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock valued at $1,234,650,000 after acquiring an additional 2,134,735 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in Palo Alto Networks by 77.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company’s stock valued at $662,000,000 after acquiring an additional 1,688,432 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in Palo Alto Networks by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock valued at $10,712,019,000 after acquiring an additional 1,541,637 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Insider Activity at Palo Alto Networks

In other news, EVP Nir Zuk sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the sale, the executive vice president owned 3,143,516 shares in the company, valued at $543,199,564.80. This trade represents a 3.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the completion of the transaction, the executive vice president owned 96,135 shares of the company’s stock, valued at $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,315,130 shares of company stock worth $260,687,367 over the last 90 days. Corporate insiders own 2.50% of the company’s stock.

Analysts Set New Price Targets

PANW has been the topic of several recent analyst reports. Westpark Capital reissued a “hold” rating on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Cantor Fitzgerald reissued an “overweight” rating and set a $223.00 target price on shares of Palo Alto Networks in a research report on Friday, August 15th. DA Davidson reissued a “buy” rating and set a $215.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. New Street Research lifted their target price on shares of Palo Alto Networks from $235.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $232.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average target price of $217.22.

Palo Alto Networks Stock Down 0.9%

Shares of PANW stock opened at $212.42 on Thursday. The company has a 50 day moving average of $199.16 and a 200-day moving average of $191.31. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $217.94. The firm has a market cap of $142.09 billion, a P/E ratio of 132.35, a PEG ratio of 5.10 and a beta of 0.98.

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

About Palo Alto Networks

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.