Palo Alto Networks, Inc. $PANW Stake Cut by Public Employees Retirement Association of Colorado

Posted by George Bondi on Jun 15th, 2026

Public Employees Retirement Association of Colorado cut its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 1.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 766,114 shares of the network technology company’s stock after selling 13,460 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Palo Alto Networks were worth $141,118,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks in the second quarter valued at $25,000. Steph & Co. lifted its stake in Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after buying an additional 67 shares during the last quarter. Knuff & Co LLC bought a new stake in Palo Alto Networks in the fourth quarter valued at $26,000. Sittner & Nelson LLC lifted its stake in Palo Alto Networks by 73.8% in the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after buying an additional 62 shares during the last quarter. Finally, Luken Investment Analytics LLC lifted its stake in Palo Alto Networks by 196.2% in the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after buying an additional 102 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on PANW shares. Susquehanna reiterated a “positive” rating and issued a $350.00 target price (up from $200.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Royal Bank Of Canada lifted their price objective on shares of Palo Alto Networks from $255.00 to $330.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Oppenheimer lifted their price objective on shares of Palo Alto Networks from $275.00 to $350.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Wolfe Research restated an “outperform” rating and set a $320.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Arete Research upgraded shares of Palo Alto Networks from a “sell” rating to a “buy” rating and set a $185.00 price objective on the stock in a research note on Tuesday, March 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $306.59.

Get Our Latest Stock Analysis on Palo Alto Networks

Insider Transactions at Palo Alto Networks

In related news, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the transaction, the chief accounting officer owned 81,636 shares of the company’s stock, valued at approximately $23,272,790.88. This trade represents a 1.33% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John P. Key sold 7,500 shares of Palo Alto Networks stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.24, for a total value of $2,094,300.00. Following the completion of the transaction, the director directly owned 12,500 shares in the company, valued at $3,490,500. This represents a 37.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 81,044 shares of company stock worth $20,424,722 in the last three months. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Price Performance

NASDAQ:PANW opened at $279.62 on Monday. The business’s 50-day moving average price is $216.44 and its 200 day moving average price is $189.26. The firm has a market cap of $227.89 billion, a P/E ratio of 229.20, a PEG ratio of 10.38 and a beta of 0.94. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $302.95. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.Palo Alto Networks’s revenue was up 31.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.37 earnings per share. 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. As a group, sell-side analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Palo Alto Networks 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.