Key Points
- James Goetz, a Palo Alto Networks director, sold 22,684 shares on March 6 at an average price of $164.41 for about $3.73M, leaving him with 52,500 shares (a 30.17% reduction).
- Palo Alto Networks beat quarterly estimates with $1.03 EPS vs. $0.94 and $2.59B revenue, issued FY2026 EPS guidance of 3.65–3.70 (Q3 guidance 0.78–0.80), and holds an analyst consensus of "Moderate Buy" with an average target of $210.19.
Palo Alto Networks, Inc. (NASDAQ:PANW - Get Free Report) Director James Goetz sold 22,684 shares of Palo Alto Networks stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $164.41, for a total transaction of $3,729,476.44. Following the completion of the sale, the director owned 52,500 shares of the company's stock, valued at $8,631,525. This trade represents a 30.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Palo Alto Networks Stock Up 0.3%
Shares of NASDAQ PANW opened at $165.58 on Wednesday. The business's 50 day moving average is $170.80 and its two-hundred day moving average is $189.91. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $223.61. The firm has a market cap of $135.11 billion, a price-to-earnings ratio of 91.48, a PEG ratio of 5.96 and a beta of 0.78.
Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings data on Tuesday, February 17th. The network technology company reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.94 by $0.09. The business had revenue of $2.59 billion during the quarter, compared to analysts' expectations of $2.58 billion. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The company's revenue was up 14.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.81 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. Analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.
Hedge Funds Weigh In On Palo Alto Networks
Several large investors have recently bought and sold shares of PANW. Brighton Jones LLC lifted its stake in Palo Alto Networks by 147.7% during the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock worth $1,230,000 after purchasing an additional 4,031 shares during the last quarter. Bison Wealth LLC raised its holdings in Palo Alto Networks by 169.1% during the fourth 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 in the last quarter. Sivia Capital Partners LLC lifted its position 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 buying an additional 1,389 shares during the last quarter. KCM Investment Advisors LLC purchased a new stake in shares of Palo Alto Networks during the 2nd quarter worth approximately $418,000. Finally, AE Wealth Management LLC boosted its holdings in shares of Palo Alto Networks by 15.2% in the 2nd quarter. AE Wealth Management LLC now owns 31,281 shares of the network technology company's stock valued at $6,402,000 after buying an additional 4,116 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company's stock.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the stock. Guggenheim reiterated a "neutral" rating on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Mizuho set a $200.00 price objective on shares of Palo Alto Networks in a report on Wednesday, February 18th. Arete Research raised 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 note on Tuesday, March 3rd. JPMorgan Chase & Co. reduced their target price on shares of Palo Alto Networks from $225.00 to $200.00 and set an "overweight" rating on the stock in a report on Thursday, February 19th. Finally, Oppenheimer reissued an "outperform" rating and issued a $245.00 price target on shares of Palo Alto Networks in a research report on Thursday, November 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Palo Alto Networks currently has an average rating of "Moderate Buy" and an average price target of $210.19.
Check Out Our Latest Report on PANW
About Palo Alto Networks
(
Get 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.
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