L & S Advisors Inc Decreases Stock Position in Palo Alto Networks, Inc. $PANW

L & S Advisors Inc lessened its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 65,168 shares of the network technology company’s stock after selling 847 shares during the period. Palo Alto Networks accounts for approximately 1.3% of L & S Advisors Inc’s holdings, making the stock its 15th biggest position. L & S Advisors Inc’s holdings in Palo Alto Networks were worth $13,336,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in PANW. Whipplewood Advisors LLC boosted its position in shares of Palo Alto Networks by 6,400.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 128 shares during the last quarter. Briaud Financial Planning Inc bought a new stake in shares of Palo Alto Networks in the 2nd quarter valued at approximately $28,000. Dagco Inc. purchased a new stake in Palo Alto Networks during the 1st quarter valued at $33,000. WPG Advisers LLC bought a new stake in Palo Alto Networks in the first quarter worth $37,000. Finally, Strategic Investment Solutions Inc. IL boosted its stake in Palo Alto Networks by 58.9% during the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after buying an additional 83 shares during the period. 79.82% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

PANW has been the topic of several recent analyst reports. BTIG Research upgraded Palo Alto Networks from a “neutral” rating to a “buy” rating in a report on Monday, October 13th. Oppenheimer boosted their target price on shares of Palo Alto Networks from $225.00 to $245.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Tigress Financial assumed coverage on Palo Alto Networks in a research note on Friday, September 26th. They set a “buy” rating and a $245.00 target price on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a $250.00 target price (up previously from $235.00) on shares of Palo Alto Networks in a report on Tuesday. Finally, New Street Research increased their target price on Palo Alto Networks from $235.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Twenty-nine research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $220.95.

Palo Alto Networks Trading Down 2.5%

Shares of NASDAQ PANW opened at $204.77 on Friday. The company has a fifty day moving average price of $208.86 and a 200 day moving average price of $196.90. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $223.61. The firm has a market cap of $140.06 billion, a PE ratio of 127.58, a PEG ratio of 4.99 and a beta of 0.95.

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

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the sale, the executive vice president directly owned 96,135 shares in the company, valued at approximately $19,629,805.65. This trade represents a 4.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the transaction, the chief executive officer owned 275,013 shares of the company’s stock, valued at $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,215,830 shares of company stock worth $249,160,428. Company insiders own 2.50% of the company’s stock.

Palo Alto Networks Company 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.