Palo Alto Networks, Inc. $PANW Shares Sold by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC lowered its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 15.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,318 shares of the network technology company’s stock after selling 239 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in Palo Alto Networks were worth $270,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Palo Alto Networks in the second quarter valued at approximately $133,000. AlTi Global Inc. increased its stake in shares of Palo Alto Networks by 62.1% during the second quarter. AlTi Global Inc. now owns 6,806 shares of the network technology company’s stock valued at $1,397,000 after acquiring an additional 2,607 shares during the period. Carnegie Investment Counsel increased its stake in shares of Palo Alto Networks by 15.9% during the second quarter. Carnegie Investment Counsel now owns 3,099 shares of the network technology company’s stock valued at $634,000 after acquiring an additional 424 shares during the period. Briaud Financial Planning Inc acquired a new position in shares of Palo Alto Networks during the second quarter valued at approximately $28,000. Finally, FSM Wealth Advisors LLC increased its stake in shares of Palo Alto Networks by 66.5% during the second quarter. FSM Wealth Advisors LLC now owns 3,203 shares of the network technology company’s stock valued at $645,000 after acquiring an additional 1,279 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Piper Sandler upgraded shares of Palo Alto Networks from a “neutral” rating to an “overweight” rating and raised their price objective for the company from $200.00 to $225.00 in a research note on Tuesday, August 12th. JMP Securities reiterated a “market outperform” rating and set a $212.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Guggenheim raised their price objective on shares of Palo Alto Networks from $130.00 to $135.00 and gave the company a “sell” rating in a research note on Tuesday, August 19th. Bank of America raised their price objective on shares of Palo Alto Networks from $215.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, October 20th. Finally, Mizuho raised their price objective on shares of Palo Alto Networks from $210.00 to $220.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Thirty analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and a consensus target price of $217.22.

Insider Transactions at Palo Alto Networks

In related news, CAO Josh D. Paul sold 700 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total value of $141,512.00. Following the completion of the transaction, the chief accounting officer owned 32,474 shares of the company’s stock, valued at approximately $6,564,943.84. This trade represents a 2.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Nir Zuk sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the transaction, the executive vice president directly owned 3,143,516 shares of the company’s stock, valued at $543,199,564.80. This represents a 3.08% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is currently owned by insiders.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $217.11 on Friday. The stock has a market capitalization of $145.22 billion, a price-to-earnings ratio of 135.27, a PEG ratio of 5.11 and a beta of 0.98. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $218.23. The company has a 50 day moving average price of $200.79 and a 200 day moving average price of $192.18.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter last year, the business posted $0.75 EPS. The company’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. On average, sell-side analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Palo Alto Networks Profile

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.