Palo Alto Networks, Inc. $PANW Shares Sold by Prosperity Consulting Group LLC

Prosperity Consulting Group LLC decreased its stake in Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) by 32.1% during the first quarter, Holdings Channel reports. The institutional investor owned 3,945 shares of the network technology company’s stock after selling 1,865 shares during the quarter. Prosperity Consulting Group LLC’s holdings in Palo Alto Networks were worth $632,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC lifted its holdings in Palo Alto Networks by 147.7% in the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after acquiring an additional 4,031 shares during the period. Bison Wealth LLC grew its stake in shares of Palo Alto Networks by 169.1% during the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock worth $948,000 after purchasing an additional 3,275 shares during the period. Sivia Capital Partners LLC grew its stake in shares of Palo Alto Networks by 66.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock worth $713,000 after purchasing an additional 1,389 shares during the period. Osterweis Capital Management Inc. increased its holdings in shares of Palo Alto Networks by 11,100.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock valued at $115,000 after purchasing an additional 555 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its holdings in shares of Palo Alto Networks by 6.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company’s stock valued at $900,000 after purchasing an additional 249 shares in the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, Director Aparna Bawa sold 290 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $348.74, for a total transaction of $101,134.60. Following the transaction, the director owned 6,437 shares of the company’s stock, valued at approximately $2,244,839.38. The trade was a 4.31% 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, Director Helle Thorning-Schmidt sold 700 shares of the business’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total transaction of $242,795.00. Following the transaction, the director directly owned 5,898 shares in the company, valued at approximately $2,045,721.30. The trade was a 10.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 101,239 shares of company stock worth $27,174,360 over the last 90 days. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $358.68 on Friday. The business has a 50 day simple moving average of $290.04 and a two-hundred day simple moving average of $212.30. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $368.80. The stock has a market capitalization of $292.32 billion, a P/E ratio of 294.00, a PEG ratio of 13.32 and a beta of 0.91. 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:PANWGet Free Report) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter last year, the business posted $0.37 earnings per share. The business’s quarterly revenue 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 predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on PANW. Barclays reiterated an “overweight” rating and issued a $315.00 target price (up from $220.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Stephens lifted their price objective on shares of Palo Alto Networks from $180.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, June 3rd. Guggenheim downgraded shares of Palo Alto Networks from a “neutral” rating to a “reduce” rating in a research report on Wednesday, May 27th. Scotiabank reissued a “sector outperform” rating and set a $320.00 target price (up from $180.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Susquehanna restated a “positive” rating and set a $350.00 target price (up from $200.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $327.74.

Check Out Our Latest Stock Analysis on PANW

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.

Further Reading

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Institutional Ownership by Quarter for Palo Alto Networks (NASDAQ:PANW)

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