Gables Capital Management Inc. Trims Stake in Palo Alto Networks, Inc. $PANW

Gables Capital Management Inc. cut its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 50.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 400 shares of the network technology company’s stock after selling 400 shares during the quarter. Gables Capital Management Inc.’s holdings in Palo Alto Networks were worth $82,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in PANW. Dagco Inc. purchased a new stake in shares of Palo Alto Networks in the first quarter valued at approximately $33,000. WPG Advisers LLC purchased a new stake in shares of Palo Alto Networks in the first quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL increased its position in shares of Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after buying an additional 83 shares in the last quarter. Stonebridge Financial Group LLC increased its position in shares of Palo Alto Networks by 46.8% in the first quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock valued at $40,000 after buying an additional 74 shares in the last quarter. Finally, Marshall & Sullivan Inc. WA purchased a new stake in shares of Palo Alto Networks in the second quarter valued at approximately $41,000. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on PANW. DA Davidson restated a “buy” rating and issued a $215.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. New Street Research boosted their price objective 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. Royal Bank Of Canada restated an “outperform” rating and issued a $232.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. UBS Group set a $245.00 price target on Palo Alto Networks in a research note on Friday, September 26th. Finally, Jefferies Financial Group set a $235.00 price target on Palo Alto Networks in a research note on Tuesday, July 29th. Thirty analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus price target of $217.22.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $214.40 on Wednesday. The business’s 50 day moving average price is $198.45 and its 200-day moving average price is $191.16. The firm has a market capitalization of $143.41 billion, a PE ratio of 133.58, a P/E/G ratio of 5.04 and a beta of 0.98. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $217.94.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 earnings per share. 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, analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, EVP Nir Zuk sold 100,000 shares of the business’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the transaction, the executive vice president owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. The trade was a 3.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on 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 transaction, the executive vice president directly owned 96,135 shares in the company, valued at $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 valued at $260,687,367 in the last three months. Company insiders own 2.50% of the company’s stock.

Palo Alto Networks Profile

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.