Clal Insurance Enterprises Holdings Ltd Sells 285,000 Shares of Palo Alto Networks, Inc. $PANW

Clal Insurance Enterprises Holdings Ltd lowered its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 89.1% in the third quarter, Holdings Channel.com reports. The institutional investor owned 35,000 shares of the network technology company’s stock after selling 285,000 shares during the period. Clal Insurance Enterprises Holdings Ltd’s holdings in Palo Alto Networks were worth $7,127,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in Palo Alto Networks during the 2nd quarter worth approximately $25,000. Howard Hughes Medical Institute bought a new stake in shares of Palo Alto Networks in the 2nd quarter valued at about $29,000. MTM Investment Management LLC bought a new stake in Palo Alto Networks in the second quarter valued at approximately $31,000. Caitlin John LLC acquired a new stake in Palo Alto Networks during the 3rd quarter valued at $31,000. Finally, CBIZ Investment Advisory Services LLC boosted its holdings in shares of Palo Alto Networks by 39.7% during the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 176 shares of the network technology company’s stock worth $36,000 after buying an additional 50 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, Director James J. Goetz sold 12,500 shares of the company’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $195.33, for a total transaction of $2,441,625.00. Following the transaction, the director owned 75,184 shares in the company, valued at approximately $14,685,690.72. This represents a 14.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Josh D. Paul sold 800 shares of Palo Alto Networks stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $184.81, for a total transaction of $147,848.00. Following the transaction, the chief accounting officer directly owned 46,005 shares of the company’s stock, valued at approximately $8,502,184.05. This trade represents a 1.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 260,542 shares of company stock valued at $49,910,995 in the last 90 days. 1.40% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on PANW shares. Cantor Fitzgerald restated an “overweight” rating on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Royal Bank Of Canada reissued an “outperform” rating and issued a $220.00 target price on shares of Palo Alto Networks in a report on Wednesday, February 18th. Mizuho set a $200.00 target price on shares of Palo Alto Networks in a report on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Finally, HSBC dropped their price objective on shares of Palo Alto Networks from $157.00 to $114.00 in a report on Thursday, February 19th. One research analyst has 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. According to MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average target price of $211.62.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $148.92 on Friday. The company has a market cap of $121.52 billion, a price-to-earnings ratio of 82.28, a PEG ratio of 5.39 and a beta of 0.75. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $223.61. The firm has a fifty day moving average price of $174.60 and a two-hundred day moving average price of $190.68.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The business had revenue of $2.59 billion during the quarter, compared to analysts’ expectations of $2.58 billion. During the same quarter in the previous year, the company earned $0.81 EPS. The business’s quarterly revenue was up 14.9% compared to the same quarter last year. 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. Equities research analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Palo Alto Networks Company Profile

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.