Palo Alto Networks, Inc. $PANW Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors trimmed its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 693,266 shares of the network technology company’s stock after selling 9,595 shares during the quarter. Captrust Financial Advisors owned about 0.10% of Palo Alto Networks worth $127,700,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Harold Davidson & Associates Inc. boosted its position in shares of 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 worth $215,000 after purchasing an additional 50 shares during the period. Princeton Capital Management LLC boosted its position in shares of 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 worth $310,000 after purchasing an additional 50 shares during the period. South Plains Financial Inc. boosted its position in shares of Palo Alto Networks by 1.0% during the 3rd quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock worth $982,000 after purchasing an additional 50 shares during the period. Fayez Sarofim & Co boosted its position in shares of Palo Alto Networks by 1.2% during the 3rd quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock worth $878,000 after purchasing an additional 50 shares during the period. Finally, Certified Advisory Corp boosted its position in shares of Palo Alto Networks by 0.3% during the 3rd quarter. Certified Advisory Corp now owns 16,938 shares of the network technology company’s stock worth $3,449,000 after purchasing an additional 51 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Palo Alto Networks Trading Down 1.6%

Shares of NASDAQ:PANW opened at $279.90 on Wednesday. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $302.95. The company’s 50 day moving average is $221.20 and its two-hundred day moving average is $190.62. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a market cap of $228.12 billion, a PE ratio of 229.43, a P/E/G ratio of 10.57 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the prior year, the firm posted $0.37 EPS. The company’s quarterly revenue was up 31.1% compared to the same quarter last year. 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. Equities analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on PANW shares. Truist Financial increased their price objective on shares of Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. BNP Paribas Exane increased their price objective on shares of Palo Alto Networks from $220.00 to $330.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Northland Securities increased their price objective on shares of Palo Alto Networks from $190.00 to $302.00 and gave the stock a “market perform” rating in a research report on Wednesday, June 3rd. William Blair reaffirmed an “outperform” rating on shares of Palo Alto Networks in a research report on Tuesday. Finally, Royal Bank Of Canada increased their price objective on shares of Palo Alto Networks from $255.00 to $330.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average target price of $306.59.

Insider Transactions at Palo Alto Networks

In related news, Director John P. Key sold 7,500 shares of the stock in a transaction on 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 transaction, the director directly owned 12,500 shares of the company’s stock, valued at $3,490,500. This trade represents a 37.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Lee Klarich sold 62,904 shares of the stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the transaction, the executive vice president directly owned 235,983 shares in the company, valued at $61,037,002.95. This trade represents a 21.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 101,044 shares of company stock worth $26,022,722. Insiders own 1.40% 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.