Proem Advisors LLC Decreases Stock Holdings in Palo Alto Networks, Inc. $PANW

Posted by Geri Gentry on May 12th, 2026

Proem Advisors LLC decreased its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 59.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 20,500 shares of the network technology company’s stock after selling 29,500 shares during the period. Palo Alto Networks makes up 0.4% of Proem Advisors LLC’s portfolio, making the stock its 21st largest holding. Proem Advisors LLC’s holdings in Palo Alto Networks were worth $3,776,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Darwin Wealth Management LLC purchased a new position in Palo Alto Networks in the 2nd quarter worth about $25,000. Steph & Co. raised its position in Palo Alto Networks by 88.2% in the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after buying an additional 67 shares during the last quarter. Luken Investment Analytics LLC raised its position in Palo Alto Networks by 196.2% in the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after buying an additional 102 shares during the last quarter. Winch Advisory Services LLC raised its position in Palo Alto Networks by 96.1% in the 3rd quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock worth $30,000 after buying an additional 73 shares during the last quarter. Finally, Caitlin John LLC purchased a new position in Palo Alto Networks in the 3rd quarter worth about $31,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Trading Up 2.8%

Shares of NASDAQ:PANW opened at $213.66 on Tuesday. The stock has a 50 day moving average of $168.60 and a 200 day moving average of $180.57. The company has a market cap of $174.35 billion, a PE ratio of 118.04, a price-to-earnings-growth ratio of 7.49 and a beta of 0.77. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $223.61.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. The company had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.58 billion. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The firm’s revenue was up 14.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.81 EPS. Equities research analysts predict that Palo Alto Networks, Inc. will post 2.14 earnings per share for the current fiscal year.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total transaction of $802,100.00. Following the completion of the sale, the executive vice president directly owned 150,250 shares of the company’s stock, valued at $24,103,105. This trade represents a 3.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John P. Key sold 1,572 shares of the stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $173.32, for a total transaction of $272,459.04. Following the sale, the director directly owned 20,000 shares of the company’s stock, valued at approximately $3,466,400. This trade represents a 7.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 30,356 shares of company stock worth $4,981,575. Insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Jefferies Financial Group reissued a “buy” rating on shares of Palo Alto Networks in a research report on Wednesday, February 4th. HSBC reduced their price target on shares of Palo Alto Networks from $157.00 to $114.00 in a research report on Thursday, February 19th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating for the company in a research report on Wednesday, February 18th. Benchmark assumed coverage on shares of Palo Alto Networks in a research report on Wednesday, April 1st. They set a “buy” rating and a $200.00 price target for the company. Finally, BTIG Research upped their price target on shares of Palo Alto Networks from $200.00 to $216.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $212.09.

Get Our Latest Stock Analysis on PANW

Palo Alto Networks Company Profile

(Free Report)

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.