Palo Alto Networks (NASDAQ:PANW) Director John Key Sells 7,500 Shares

Palo Alto Networks, Inc. (NASDAQ:PANW) Director John Key sold 7,500 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.24, for a total value of $2,094,300.00. Following the completion of the sale, the director directly owned 12,500 shares of the company’s stock, valued at approximately $3,490,500. The trade was a 37.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Palo Alto Networks Trading Up 0.0%

NASDAQ PANW opened at $279.62 on Friday. The business has a 50 day simple moving average of $216.44 and a 200 day simple moving average of $189.22. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $302.95. The stock has a market capitalization of $227.89 billion, a P/E ratio of 229.20, a P/E/G ratio of 10.38 and a beta of 0.94. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping 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 business had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter last year, the firm posted $0.37 earnings per share. The firm’s 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. Research analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently commented on PANW. UBS Group set a $300.00 target price on Palo Alto Networks and gave the stock a “neutral” rating in a research note on Wednesday, June 3rd. Morgan Stanley raised their target price on Palo Alto Networks from $253.00 to $320.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. FBN Securities reaffirmed an “outperform” rating and set a $330.00 target price on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Berenberg Bank raised their target price on Palo Alto Networks from $290.00 to $360.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Finally, Wedbush raised their target price on Palo Alto Networks from $300.00 to $340.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $306.59.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Aviva PLC lifted its holdings in Palo Alto Networks by 5.4% during the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock worth $104,774,000 after acquiring an additional 29,230 shares during the period. Westfield Capital Management Co. LP bought a new stake in Palo Alto Networks during the third quarter worth $75,412,000. Peapack Gladstone Financial Corp lifted its holdings in Palo Alto Networks by 8.8% during the fourth quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock worth $8,926,000 after acquiring an additional 3,926 shares during the period. American Century Companies Inc. lifted its holdings in Palo Alto Networks by 134.1% during the third quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock worth $136,859,000 after acquiring an additional 384,985 shares during the period. Finally, US Bancorp DE lifted its holdings in Palo Alto Networks by 0.6% during the third quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock worth $277,828,000 after acquiring an additional 8,344 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Company Profile

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.