GS Investments Inc. Has $2.96 Million Holdings in Palo Alto Networks, Inc. $PANW

GS Investments Inc. decreased its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.7% during the second quarter, Holdings Channel.com reports. The firm owned 14,454 shares of the network technology company’s stock after selling 555 shares during the period. GS Investments Inc.’s holdings in Palo Alto Networks were worth $2,958,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in PANW. Brighton Jones LLC boosted its stake in shares of Palo Alto Networks by 147.7% during the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after buying an additional 4,031 shares during the period. Bison Wealth LLC raised its holdings in shares of 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 acquiring an additional 3,275 shares in the last quarter. Leavell Investment Management Inc. boosted its position in Palo Alto Networks by 5.2% during the first quarter. Leavell Investment Management Inc. now owns 4,393 shares of the network technology company’s stock valued at $750,000 after purchasing an additional 217 shares during the last quarter. Allworth Financial LP boosted its position in Palo Alto Networks by 8.3% during the first quarter. Allworth Financial LP now owns 8,716 shares of the network technology company’s stock valued at $1,534,000 after purchasing an additional 666 shares during the last quarter. Finally, Harmony Asset Management LLC grew its stake in Palo Alto Networks by 3.4% in the first quarter. Harmony Asset Management LLC now owns 14,264 shares of the network technology company’s stock valued at $2,434,000 after purchasing an additional 465 shares in the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Palo Alto Networks

In related news, CEO Nikesh Arora sold 846,408 shares of Palo Alto Networks stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at $56,119,152.78. This trade represents a 75.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Josh D. Paul sold 700 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $219.97, for a total value of $153,979.00. Following the sale, the chief accounting officer owned 47,505 shares in the company, valued at approximately $10,449,674.85. This represents a 1.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,215,830 shares of company stock worth $249,160,428 in the last three months. Corporate insiders own 2.50% of the company’s stock.

Wall Street Analysts Forecast Growth

PANW has been the subject of a number of recent research reports. Jefferies Financial Group set a $235.00 price target on Palo Alto Networks in a research note on Tuesday, July 29th. Westpark Capital restated a “hold” rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. Truist Financial set a $220.00 price objective on shares of Palo Alto Networks and gave the company a “buy” rating in a research report on Tuesday, August 19th. Stephens reiterated an “equal weight” rating and issued a $205.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, Guggenheim increased their price target on shares of Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research note on Tuesday, August 19th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and an average price target of $218.17.

Palo Alto Networks Stock Up 0.4%

Shares of PANW stock opened at $212.29 on Friday. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $223.61. The company has a market cap of $142.00 billion, a PE ratio of 132.27, a price-to-earnings-growth ratio of 5.05 and a beta of 0.95. The business’s 50 day moving average is $207.16 and its two-hundred day moving average is $195.99.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the previous year, the firm earned $0.75 EPS. The firm’s revenue was up 15.8% compared to the same quarter last year. 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 EPS for the current fiscal year.

Palo Alto Networks 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.