Palo Alto Networks (NASDAQ:PANW) CAO Josh Paul Sells 1,100 Shares of Stock

Palo Alto Networks, Inc. (NASDAQ:PANW) CAO Josh Paul sold 1,100 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $285.08, for a total value of $313,588.00. Following the completion of the sale, the chief accounting officer owned 81,636 shares of the company’s stock, valued at approximately $23,272,790.88. This represents a 1.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $297.18 on Wednesday. The business has a 50-day simple moving average of $195.20 and a 200 day simple moving average of $184.31. The firm has a market capitalization of $242.50 billion, a price-to-earnings ratio of 164.19, a PEG ratio of 10.83 and a beta of 0.94. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The company’s quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.37 earnings per share. 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, sell-side analysts expect that Palo Alto Networks, Inc. will post 2.14 EPS for the current year.

Hedge Funds Weigh In On Palo Alto Networks

A number of hedge funds have recently added to or reduced their stakes in the stock. CBIZ Investment Advisory Services LLC boosted its stake in Palo Alto Networks by 39.7% during the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 176 shares of the network technology company’s stock valued at $36,000 after purchasing an additional 50 shares during the last quarter. Harold Davidson & Associates Inc. boosted its stake in Palo Alto Networks by 5.0% during the 3rd quarter. Harold Davidson & Associates Inc. now owns 1,056 shares of the network technology company’s stock valued at $215,000 after purchasing an additional 50 shares during the last quarter. Princeton Capital Management LLC boosted its stake in Palo Alto Networks by 3.4% during the 3rd quarter. Princeton Capital Management LLC now owns 1,520 shares of the network technology company’s stock valued at $310,000 after purchasing an additional 50 shares during the last quarter. South Plains Financial Inc. boosted its stake in shares of Palo Alto Networks by 1.0% in the 3rd quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock worth $982,000 after buying an additional 50 shares during the last quarter. Finally, Fayez Sarofim & Co boosted its stake in shares of Palo Alto Networks by 1.2% in the 3rd quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock worth $878,000 after buying an additional 50 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on PANW. Royal Bank Of Canada increased their price target on Palo Alto Networks from $220.00 to $255.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. Truist Financial increased their price target on Palo Alto Networks from $200.00 to $275.00 and gave the stock a “buy” rating in a report on Tuesday, May 19th. HSBC cut their price target on Palo Alto Networks from $157.00 to $114.00 in a report on Thursday, February 19th. Guggenheim lowered Palo Alto Networks from a “neutral” rating to a “reduce” rating in a report on Wednesday, May 27th. Finally, Barclays reiterated an “overweight” rating and issued a $220.00 price target (up from $200.00) on shares of Palo Alto Networks in a report on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and an average target price of $238.23.

Palo Alto Networks News Roundup

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

• Positive Sentiment: Palo Alto Networks beat fiscal Q3 earnings and revenue expectations, reporting EPS of $0.85 versus $0.81 expected and revenue of $3.0 billion versus $2.94 billion estimated, with sales up 31.1% year over year. Article Title
• Positive Sentiment: The company raised full-year and fourth-quarter guidance well above Wall Street forecasts, signaling stronger demand and better profitability ahead. Article Title
• Positive Sentiment: Management said AI-driven security needs are boosting customer engagement, with CEO Nikesh Arora citing a surge in meeting requests as enterprises prepare for AI-related risks. Article Title
• Positive Sentiment: Several analyst notes were bullish ahead of and after the report, including price-target increases from JPMorgan and Baird, reinforcing confidence in the company’s growth outlook. Article Title
• Neutral Sentiment: The company also completed its acquisition of Portkey, an AI gateway provider, which may support its Prisma AIRS platform and future AI-security offerings, but the immediate financial impact is still unclear. Article Title
• Negative Sentiment: One insider sale by the company’s chief accounting officer may create a small headline overhang, though it was limited relative to the stock’s recent rally. Article Title

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.