Palo Alto Networks (NASDAQ:PANW) Director Aparna Bawa Sells 345 Shares of Stock

Palo Alto Networks, Inc. (NASDAQ:PANW) Director Aparna Bawa sold 345 shares of the business’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $290.17, for a total transaction of $100,108.65. Following the sale, the director owned 7,359 shares in the company, valued at $2,135,361.03. The trade was a 4.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Aparna Bawa also recently made the following trade(s):

• On Friday, June 12th, Aparna Bawa sold 536 shares of Palo Alto Networks stock. The shares were sold at an average price of $280.00, for a total transaction of $150,080.00.
• On Thursday, June 11th, Aparna Bawa sold 555 shares of Palo Alto Networks stock. The shares were sold at an average price of $270.00, for a total transaction of $149,850.00.
• On Wednesday, June 10th, Aparna Bawa sold 377 shares of Palo Alto Networks stock. The shares were sold at an average price of $265.00, for a total transaction of $99,905.00.

Palo Alto Networks Stock Down 0.5%

PANW stock opened at $286.40 on Tuesday. 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’s 50-day moving average price is $230.63 and its 200 day moving average price is $193.37. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $302.95. The company has a market cap of $233.42 billion, a P/E ratio of 234.75, a P/E/G ratio of 10.69 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (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 during the quarter, compared to analysts’ expectations of $2.94 billion. During the same period last year, the company posted $0.37 earnings per share. The firm’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. On average, research analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on PANW. JPMorgan Chase & Co. lifted their price objective on Palo Alto Networks from $200.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Capital One Financial raised their price target on Palo Alto Networks from $168.00 to $248.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. Citigroup reaffirmed a “market outperform” rating on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Benchmark boosted their price objective on shares of Palo Alto Networks from $270.00 to $340.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Finally, Arete Research raised shares of Palo Alto Networks from a “sell” rating to a “buy” rating and set a $185.00 price objective on the stock in a research note on Tuesday, March 3rd. Two investment 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $306.59.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in PANW. Norges Bank acquired a new position in shares of Palo Alto Networks in the fourth quarter valued at approximately $1,415,364,000. Bank of America Corp DE boosted its position in Palo Alto Networks by 16.0% during the first quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company’s stock worth $3,603,473,000 after acquiring an additional 3,101,267 shares during the last quarter. Vanguard Group Inc. boosted its position in Palo Alto Networks by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock worth $12,512,533,000 after acquiring an additional 2,659,100 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in Palo Alto Networks by 1,665.1% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,761,909 shares of the network technology company’s stock worth $442,788,000 after acquiring an additional 2,605,433 shares during the period. Finally, Amundi raised its holdings in Palo Alto Networks by 67.1% in the 1st quarter. Amundi now owns 6,297,833 shares of the network technology company’s stock valued at $1,009,669,000 after acquiring an additional 2,528,299 shares during the last quarter. Institutional investors and hedge funds 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.