Kovitz Investment Group Partners LLC Sells 15,531 Shares of Palo Alto Networks, Inc. $PANW

Posted by Brian Himes on Jun 20th, 2026

Kovitz Investment Group Partners LLC decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 28.5% in the 4th quarter, HoldingsChannel reports. The fund owned 39,055 shares of the network technology company’s stock after selling 15,531 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Palo Alto Networks were worth $7,194,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. McLaughlin Asset Management Inc. acquired a new stake in shares of Palo Alto Networks during the 4th quarter worth approximately $2,260,000. Wick Capital Partners LLC acquired a new position in shares of Palo Alto Networks in the fourth quarter valued at $294,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Palo Alto Networks in the fourth quarter valued at $68,000. Hamilton Wealth LLC lifted its position in Palo Alto Networks by 1.7% in the fourth quarter. Hamilton Wealth LLC now owns 24,006 shares of the network technology company’s stock worth $4,422,000 after purchasing an additional 406 shares during the period. Finally, Compound Planning Inc. lifted its position in Palo Alto Networks by 1.3% in the fourth quarter. Compound Planning Inc. now owns 19,588 shares of the network technology company’s stock worth $3,608,000 after purchasing an additional 255 shares during the period. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

Palo Alto Networks stock opened at $287.78 on Friday. The firm has a market capitalization of $234.54 billion, a P/E ratio of 235.89, a P/E/G ratio of 10.69 and a beta of 0.94. The stock has a fifty day moving average price of $228.24 and a two-hundred day moving average price of $192.65. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $302.95. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

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

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, Director John P. Key sold 7,500 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.24, for a total value of $2,094,300.00. Following the transaction, the director directly owned 12,500 shares in the company, valued at $3,490,500. The trade was a 37.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Nikesh Arora acquired 68,085 shares of the firm’s stock in a transaction on Friday, March 27th. The shares were purchased at an average cost of $146.87 per share, for a total transaction of $9,999,643.95. Following the completion of the purchase, the chief executive officer directly owned 343,394 shares of the company’s stock, valued at approximately $50,434,276.78. The trade was a 24.73% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last 90 days, insiders sold 101,044 shares of company stock valued at $26,022,722. 1.40% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

PANW has been the topic of several analyst reports. William Blair reissued an “outperform” rating on shares of Palo Alto Networks in a report on Tuesday. Sanford C. Bernstein raised their price objective on shares of Palo Alto Networks from $209.00 to $253.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Arete Research upgraded shares of Palo Alto Networks from a “sell” rating to a “buy” rating and set a $185.00 target price on the stock in a research report on Tuesday, March 3rd. Loop Capital upped their target price on shares of Palo Alto Networks from $160.00 to $290.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. Finally, Benchmark increased their price target on shares of Palo Alto Networks from $270.00 to $340.00 and gave the stock a “buy” rating in a research report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $306.59.

Get Our Latest Stock Analysis on Palo Alto Networks

About Palo Alto Networks

(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.