180 Wealth Advisors LLC Sells 546 Shares of Palo Alto Networks, Inc. $PANW

180 Wealth Advisors LLC lessened its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 26.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,526 shares of the network technology company’s stock after selling 546 shares during the period. 180 Wealth Advisors LLC’s holdings in Palo Alto Networks were worth $312,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. bought a new position in Palo Alto Networks in the 1st quarter worth approximately $261,000. Strive Asset Management LLC raised its position in shares of Palo Alto Networks by 16.6% during the 1st quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock valued at $358,000 after acquiring an additional 299 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Palo Alto Networks by 10.8% during the 1st quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock valued at $2,410,000 after acquiring an additional 1,374 shares during the last quarter. Avity Investment Management Inc. raised its position in shares of Palo Alto Networks by 37.9% during the 2nd quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company’s stock valued at $37,181,000 after acquiring an additional 49,971 shares during the last quarter. Finally, Czech National Bank raised its position in shares of Palo Alto Networks by 6.4% during the 2nd quarter. Czech National Bank now owns 161,840 shares of the network technology company’s stock valued at $33,119,000 after acquiring an additional 9,766 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on PANW. DA Davidson reiterated a “buy” rating and set a $215.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Barclays reiterated an “overweight” rating and set a $215.00 target price (up previously from $210.00) on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Oppenheimer upped their target price on shares of Palo Alto Networks from $225.00 to $245.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Guggenheim upped their target price on shares of Palo Alto Networks from $130.00 to $135.00 and gave the company a “sell” rating in a research report on Tuesday, August 19th. Finally, Sanford C. Bernstein set a $207.00 price target on shares of Palo Alto Networks and gave the company an “outperform” rating in a report on Tuesday, August 19th. Thirty investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus target price of $217.22.

Palo Alto Networks Stock Up 1.0%

Shares of PANW stock opened at $217.11 on Friday. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $218.23. The firm has a market capitalization of $145.22 billion, a price-to-earnings ratio of 135.27, a price-to-earnings-growth ratio of 5.16 and a beta of 0.98. The firm has a fifty day moving average of $200.79 and a 200-day moving average of $192.46.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Research analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Transactions at Palo Alto Networks

In related news, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $211.92, for a total value of $25,594,426.08. Following the completion of the transaction, the executive vice president directly owned 149,190 shares of the company’s stock, valued at approximately $31,616,344.80. This represents a 44.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total transaction of $141,512.00. Following the completion of the transaction, the chief accounting officer directly owned 32,474 shares of the company’s stock, valued at approximately $6,564,943.84. The trade was a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,315,130 shares of company stock worth $260,687,367. Company insiders own 2.50% of the company’s stock.

About Palo Alto Networks

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.