5T Wealth LLC Sells 474 Shares of Palo Alto Networks, Inc. $PANW

5T Wealth LLC cut its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 13.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,079 shares of the network technology company’s stock after selling 474 shares during the period. 5T Wealth LLC’s holdings in Palo Alto Networks were worth $630,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. St. Clair Advisors LLC boosted its stake in Palo Alto Networks by 0.3% in the 2nd quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock worth $3,233,000 after purchasing an additional 50 shares during the period. Astoria Portfolio Advisors LLC. boosted its stake in Palo Alto Networks by 2.1% in the 2nd quarter. Astoria Portfolio Advisors LLC. now owns 2,467 shares of the network technology company’s stock worth $496,000 after purchasing an additional 50 shares during the period. Csenge Advisory Group boosted its stake in Palo Alto Networks by 2.4% in the 1st quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock worth $381,000 after purchasing an additional 53 shares during the period. TFG Advisers LLC boosted its stake in Palo Alto Networks by 1.1% in the 2nd quarter. TFG Advisers LLC now owns 4,668 shares of the network technology company’s stock worth $955,000 after purchasing an additional 53 shares during the period. Finally, GSG Advisors LLC boosted its stake in Palo Alto Networks by 0.4% in the 1st quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock worth $2,154,000 after purchasing an additional 54 shares during the period. 79.82% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Nikesh Arora sold 846,408 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the completion of the sale, the chief executive officer directly owned 275,013 shares in the company, valued at approximately $56,119,152.78. This trade represents a 75.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Lee Klarich sold 120,774 shares of the firm’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the completion of the sale, the executive vice president owned 149,190 shares of the company’s stock, valued at $31,616,344.80. This trade represents a 44.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,215,130 shares of company stock valued at $243,407,367. Company insiders own 2.50% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Rosenblatt Securities reduced their target price on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a research note on Thursday, August 14th. Guggenheim upped their target price on shares of Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research note on Tuesday, August 19th. Cantor Fitzgerald restated an “overweight” rating and set a $223.00 price objective on shares of Palo Alto Networks in a research note on Friday, August 15th. Piper Sandler upgraded shares of Palo Alto Networks from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $200.00 to $225.00 in a research note on Tuesday, August 12th. Finally, Citigroup restated an “outperform” rating on shares of Palo Alto Networks in a research note on Monday, October 27th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $218.17.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $220.24 on Friday. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $223.61. The company has a market capitalization of $147.32 billion, a P/E ratio of 137.22, a price-to-earnings-growth ratio of 5.24 and a beta of 0.98. The company has a 50-day simple moving average of $204.51 and a 200 day simple moving average of $194.30.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. During the same period last year, the business posted $0.75 EPS. Palo Alto Networks’s revenue 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 forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current 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.