Prime Capital Investment Advisors LLC Sells 44,955 Shares of Palo Alto Networks, Inc. $PANW

Prime Capital Investment Advisors LLC lessened its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 37.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 73,527 shares of the network technology company’s stock after selling 44,955 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Palo Alto Networks were worth $15,046,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in PANW. Vanguard Group Inc. grew its holdings in shares of Palo Alto Networks by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock valued at $10,712,019,000 after acquiring an additional 1,541,637 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Palo Alto Networks by 41.9% during the first quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after buying an additional 2,134,735 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Palo Alto Networks by 16.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company’s stock worth $1,177,765,000 after acquiring an additional 950,765 shares in the last quarter. Nuveen LLC bought a new position in shares of Palo Alto Networks in the 1st quarter valued at about $810,047,000. Finally, Charles Schwab Investment Management Inc. grew its holdings in Palo Alto Networks by 5.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 4,422,037 shares of the network technology company’s stock worth $754,576,000 after purchasing an additional 219,111 shares during the period. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Down 1.0%

Shares of NASDAQ PANW opened at $207.19 on Monday. The company has a market capitalization of $138.59 billion, a PE ratio of 129.09, a P/E/G ratio of 4.93 and a beta of 0.98. The firm has a fifty day simple moving average of $190.20 and a 200 day simple moving average of $188.24. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $212.10.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. The company 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%. Palo Alto Networks’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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. As a group, equities analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the transaction, the executive vice president directly owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. This represents a 4.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total value of $172,718,016.48. Following the completion of the transaction, the chief executive officer owned 275,013 shares in the company, valued at approximately $56,119,152.78. The trade was a 75.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,194,356 shares of company stock worth $235,092,941 over the last 90 days. 2.50% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Needham & Company LLC reissued a “buy” rating and set a $230.00 target price on shares of Palo Alto Networks in a report on Wednesday, September 3rd. Rosenblatt Securities decreased their price target on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a research note on Thursday, August 14th. Tigress Financial started coverage on shares of Palo Alto Networks in a research report on Friday, September 26th. They set a “buy” rating and a $245.00 price objective for the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Palo Alto Networks in a research note on Saturday, September 27th. Finally, Guggenheim upped their price objective on Palo Alto Networks from $130.00 to $135.00 and gave the company a “sell” rating in a report on Tuesday, August 19th. Thirty research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $214.64.

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.