Palo Alto Networks, Inc. $PANW Shares Sold by Dorsey Wright & Associates

Dorsey Wright & Associates lessened its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 8.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,722 shares of the network technology company’s stock after selling 1,764 shares during the quarter. Dorsey Wright & Associates’ holdings in Palo Alto Networks were worth $3,726,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Darwin Wealth Management LLC purchased a new position in Palo Alto Networks during the second quarter worth about $25,000. Knuff & Co LLC acquired a new position in shares of Palo Alto Networks during the 4th quarter valued at about $26,000. Steph & Co. lifted its holdings in shares of Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after acquiring an additional 67 shares during the period. Sittner & Nelson LLC boosted its position in shares of Palo Alto Networks by 73.8% in the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after acquiring an additional 62 shares during the last quarter. Finally, Winch Advisory Services LLC grew its holdings in Palo Alto Networks by 96.1% in the third quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after purchasing an additional 73 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $287.78 on Friday. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $302.95. The business has a 50-day moving average of $225.96 and a 200-day moving average of $191.98. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market capitalization of $234.54 billion, a price-to-earnings ratio of 235.89, a PEG ratio of 10.48 and a beta of 0.94.

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

Analyst Ratings Changes

PANW has been the topic of a number of recent analyst reports. BNP Paribas Exane increased their price target on shares of Palo Alto Networks from $220.00 to $330.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. The Goldman Sachs Group reissued a “buy” rating and set a $330.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Stifel Nicolaus set a $340.00 price objective on Palo Alto Networks in a report on Wednesday, June 3rd. Jefferies Financial Group set a $335.00 target price on Palo Alto Networks and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Finally, Robert W. Baird set a $320.00 target price on Palo Alto Networks in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $306.59.

Insider Buying and Selling

In other news, Director Aparna Bawa sold 536 shares of Palo Alto Networks stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $280.00, for a total transaction of $150,080.00. Following the sale, the director owned 7,704 shares in the company, valued at $2,157,120. This trade represents a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John P. Key sold 7,500 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the transaction, the director directly owned 12,500 shares in the company, valued at approximately $3,490,500. The trade was a 37.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 101,044 shares of company stock valued at $26,022,722 over the last three months. Company insiders own 1.40% of the company’s stock.

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.