Carmel Capital Partners LLC Sells 52 Shares of Palo Alto Networks, Inc. $PANW

Carmel Capital Partners LLC reduced its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 2.7% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,856 shares of the network technology company’s stock after selling 52 shares during the period. Carmel Capital Partners LLC’s holdings in Palo Alto Networks were worth $380,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Palo Alto Networks by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock worth $10,712,019,000 after purchasing an additional 1,541,637 shares in the last quarter. Goldman Sachs Group Inc. raised its position in Palo Alto Networks by 41.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock valued at $1,234,650,000 after buying an additional 2,134,735 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Palo Alto Networks by 16.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company’s stock valued at $1,177,765,000 after buying an additional 950,765 shares during the last quarter. Nuveen LLC purchased a new stake in Palo Alto Networks in the 1st quarter valued at $810,047,000. Finally, Charles Schwab Investment Management Inc. raised its position in Palo Alto Networks by 5.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 4,422,037 shares of the network technology company’s stock valued at $754,576,000 after buying an additional 219,111 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the sale, the executive vice president owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the sale, the executive vice president directly owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. This trade represents a 4.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,315,130 shares of company stock worth $260,687,367 in the last quarter. 2.50% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms recently commented on PANW. Barclays reissued an “overweight” rating and issued a $215.00 price target (up from $210.00) on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Tigress Financial began coverage on Palo Alto Networks in a research report on Friday, September 26th. They issued a “buy” rating and a $245.00 price target for the company. Westpark Capital reissued a “hold” rating on shares of Palo Alto Networks in a research report on Tuesday, August 19th. New Street Research raised their target price on Palo Alto Networks from $235.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, September 12th. Finally, Mizuho raised their target price on Palo Alto Networks from $210.00 to $220.00 and gave the company an “outperform” rating in a research report on Friday. Thirty investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $216.60.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $207.89 on Friday. The stock has a fifty day moving average price of $196.80 and a 200-day moving average price of $190.29. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $217.94. The firm has a market cap of $139.06 billion, a PE ratio of 129.53, a P/E/G ratio of 4.89 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The company had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter last year, the firm posted $0.75 EPS. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. As a group, equities analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

About Palo Alto Networks

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.