Key Points
- Palo Alto Networks CAO Josh Paul sold 1,100 shares on Monday at an average price of $285.08, totaling about $313,588. After the sale, he still held 81,636 shares.
- The stock was down 1.1% around the time of the report, though it remained near its 52-week high of $302.95 and well above its 52-week low of $139.57.
- Recent company results were strong, with fiscal Q3 EPS of $0.85 and revenue of $3.0 billion, both ahead of expectations. Palo Alto also raised full-year and fourth-quarter guidance, signaling confidence in continued growth.
Palo Alto Networks, Inc. (NASDAQ:PANW - Get Free Report) CAO Josh Paul sold 1,100 shares of the business's stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $285.08, for a total value of $313,588.00. Following the completion of the transaction, the chief accounting officer owned 81,636 shares in the company, valued at $23,272,790.88. The trade was a 1.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Palo Alto Networks Stock Down 1.1%
Shares of NASDAQ PANW opened at $297.18 on Wednesday. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $302.95. The stock's 50 day moving average price is $195.20 and its 200-day moving average price is $184.31. The company has a market capitalization of $242.50 billion, a PE ratio of 164.19, a PEG ratio of 10.83 and a beta of 0.94.
Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping analysts' consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The firm 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 business earned $0.37 EPS. The company's 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, research analysts expect that Palo Alto Networks, Inc. will post 2.14 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on PANW shares. The Goldman Sachs Group cut their target price on Palo Alto Networks from $240.00 to $224.00 and set a "buy" rating on the stock in a research note on Wednesday, February 18th. Needham & Company LLC lowered their price target on shares of Palo Alto Networks from $230.00 to $200.00 and set a "buy" rating on the stock in a report on Wednesday, February 18th. Loop Capital lowered their price target on shares of Palo Alto Networks from $190.00 to $160.00 and set a "hold" rating on the stock in a report on Wednesday, February 18th. DA Davidson set a $190.00 price target on shares of Palo Alto Networks and gave the stock a "buy" rating in a report on Wednesday, February 18th. Finally, Sanford C. Bernstein set a $209.00 price target on shares of Palo Alto Networks and gave the stock an "outperform" rating in a report on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Palo Alto Networks presently has a consensus rating of "Moderate Buy" and an average target price of $238.23.
View Our Latest Stock Analysis on PANW
Institutional Investors Weigh In On Palo Alto Networks
Hedge funds have recently modified their holdings of the stock. Westfield Capital Management Co. LP bought a new position in shares of Palo Alto Networks in the third quarter worth $75,412,000. American Century Companies Inc. increased its holdings in shares of Palo Alto Networks by 134.1% in the third quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company's stock worth $136,859,000 after purchasing an additional 384,985 shares during the period. US Bancorp DE increased its holdings in shares of Palo Alto Networks by 0.6% in the third quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company's stock worth $277,828,000 after purchasing an additional 8,344 shares during the period. Peapack Gladstone Financial Corp increased its holdings in shares of Palo Alto Networks by 8.8% in the fourth quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company's stock worth $8,926,000 after purchasing an additional 3,926 shares during the period. Finally, Generali Investments Management Co LLC increased its holdings in shares of Palo Alto Networks by 38.4% in the third quarter. Generali Investments Management Co LLC now owns 54,401 shares of the network technology company's stock worth $11,077,000 after purchasing an additional 15,091 shares during the period. Institutional investors own 79.82% of the company's stock.
More Palo Alto Networks News
Here are the key news stories impacting Palo Alto Networks this week:
- Positive Sentiment: Palo Alto Networks beat fiscal Q3 earnings and revenue expectations, reporting EPS of $0.85 versus $0.81 expected and revenue of $3.0 billion versus $2.94 billion estimated, with sales up 31.1% year over year. Article Title
- Positive Sentiment: The company raised full-year and fourth-quarter guidance well above Wall Street forecasts, signaling stronger demand and better profitability ahead. Article Title
- Positive Sentiment: Management said AI-driven security needs are boosting customer engagement, with CEO Nikesh Arora citing a surge in meeting requests as enterprises prepare for AI-related risks. Article Title
- Positive Sentiment: Several analyst notes were bullish ahead of and after the report, including price-target increases from JPMorgan and Baird, reinforcing confidence in the company’s growth outlook. Article Title
- Neutral Sentiment: The company also completed its acquisition of Portkey, an AI gateway provider, which may support its Prisma AIRS platform and future AI-security offerings, but the immediate financial impact is still unclear. Article Title
- Negative Sentiment: One insider sale by the company’s chief accounting officer may create a small headline overhang, though it was limited relative to the stock’s recent rally. Article Title
Palo Alto Networks Company Profile
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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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