Palo Alto Networks, Inc. $PANW Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.0% during the second quarter, Holdings Channel.com reports. The fund owned 78,198 shares of the network technology company’s stock after selling 762 shares during the period. Yousif Capital Management LLC’s holdings in Palo Alto Networks were worth $16,002,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Pegasus Asset Management Inc. boosted its holdings in Palo Alto Networks by 7.8% in the 2nd quarter. Pegasus Asset Management Inc. now owns 10,154 shares of the network technology company’s stock worth $2,078,000 after buying an additional 732 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in Palo Alto Networks by 15.6% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 2,299 shares of the network technology company’s stock worth $470,000 after buying an additional 311 shares during the last quarter. Almanack Investment Partners LLC. acquired a new stake in Palo Alto Networks in the 2nd quarter worth about $223,000. Yarger Wealth Strategies LLC acquired a new stake in Palo Alto Networks in the 2nd quarter worth about $255,000. Finally, CWM LLC boosted its holdings in Palo Alto Networks by 24.5% in the 2nd quarter. CWM LLC now owns 74,571 shares of the network technology company’s stock worth $15,260,000 after buying an additional 14,661 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Jefferies Financial Group set a $235.00 price objective on Palo Alto Networks in a report on Tuesday, July 29th. KeyCorp cut Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 31st. Morgan Stanley lifted their price objective on Palo Alto Networks from $210.00 to $216.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Cantor Fitzgerald reiterated an “overweight” rating and issued a $223.00 price objective on shares of Palo Alto Networks in a report on Friday, August 15th. Finally, Rosenblatt Securities lowered their target price on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a report on Thursday, August 14th. Twenty-eight investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $214.95.

Palo Alto Networks Stock Performance

PANW opened at $208.55 on Monday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $217.94. The stock has a market capitalization of $139.50 billion, a PE ratio of 129.94, a P/E/G ratio of 4.96 and a beta of 0.98. The business’s 50 day moving average price is $192.94 and its 200 day moving average price is $189.28.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same period in the prior year, the firm posted $0.75 earnings per share. The firm’s quarterly 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. As a group, equities research analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total value of $141,512.00. Following the sale, the chief accounting officer owned 32,474 shares of the company’s stock, valued at $6,564,943.84. The trade was a 2.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the completion of the sale, the chief executive officer directly 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 have sold 1,315,130 shares of company stock valued at $260,687,367 over the last quarter. 2.50% of the stock is owned by corporate insiders.

Palo Alto Networks Company 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.