Dipak Golechha Sells 5,000 Shares of Palo Alto Networks (NASDAQ:PANW) Stock

Palo Alto Networks, Inc. (NASDAQ:PANW) EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the completion of the sale, the executive vice president owned 145,250 shares of the company’s stock, valued at $42,058,590. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Dipak Golechha also recently made the following trade(s):

• On Wednesday, April 1st, Dipak Golechha sold 5,000 shares of Palo Alto Networks stock. The stock was sold at an average price of $160.42, for a total transaction of $802,100.00.

Palo Alto Networks Price Performance

PANW opened at $293.09 on Friday. The company’s 50 day simple moving average is $238.42 and its 200 day simple moving average is $195.35. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $302.95. The stock has a market capitalization of $238.87 billion, a PE ratio of 240.24, a P/E/G ratio of 10.59 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last released 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. The firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. Palo Alto Networks’s revenue was up 31.1% compared to the same quarter last year. During the same period in the previous year, the firm 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. As a group, sell-side analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Hamilton Wealth LLC lifted its holdings in Palo Alto Networks by 57.7% in the 1st quarter. Hamilton Wealth LLC now owns 37,869 shares of the network technology company’s stock worth $6,071,000 after buying an additional 13,863 shares in the last quarter. Basecamp Wealth Advisors LLC boosted its position in Palo Alto Networks by 19.0% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 4,050 shares of the network technology company’s stock valued at $649,000 after buying an additional 648 shares during the last quarter. Lombard Odier Asset Management Europe Ltd grew its stake in shares of Palo Alto Networks by 5.6% during the first quarter. Lombard Odier Asset Management Europe Ltd now owns 76,315 shares of the network technology company’s stock valued at $12,235,000 after acquiring an additional 4,024 shares in the last quarter. Rathbones Group PLC increased its position in shares of Palo Alto Networks by 9.9% during the first quarter. Rathbones Group PLC now owns 942,520 shares of the network technology company’s stock worth $151,105,000 after acquiring an additional 84,915 shares during the last quarter. Finally, First Nebraska Trust Co purchased a new stake in shares of Palo Alto Networks during the first quarter worth about $534,000. 79.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PANW has been the topic of several research reports. Argus increased their target price on Palo Alto Networks from $222.00 to $320.00 in a research report on Friday, June 5th. Wells Fargo & Company reissued an “overweight” rating and set a $325.00 price target (up from $285.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Guggenheim lowered Palo Alto Networks from a “neutral” rating to a “reduce” rating in a research note on Wednesday, May 27th. Susquehanna restated a “positive” rating and issued a $350.00 price objective (up from $200.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, Robert W. Baird set a $320.00 price objective on Palo Alto Networks in a research note 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 issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average target price of $306.59.

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.