Palo Alto Networks, Inc. $PANW Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC cut its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 10.2% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 146,607 shares of the network technology company’s stock after selling 16,606 shares during the period. Segall Bryant & Hamill LLC’s holdings in Palo Alto Networks were worth $29,852,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new position in Palo Alto Networks in the second quarter valued at about $25,000. Howard Hughes Medical Institute bought a new position in Palo Alto Networks during the second quarter worth $29,000. MTM Investment Management LLC acquired a new position in shares of Palo Alto Networks in the 2nd quarter valued at about $31,000. Caitlin John LLC acquired a new position in Palo Alto Networks in the third quarter valued at approximately $31,000. Finally, CBIZ Investment Advisory Services LLC grew its stake in 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 last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO Josh D. Paul sold 800 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $184.81, for a total value of $147,848.00. Following the completion of the sale, the chief accounting officer directly owned 46,005 shares of the company’s stock, valued at approximately $8,502,184.05. This represents a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James J. Goetz sold 12,500 shares of the stock in a transaction on Monday, December 8th. The shares were sold at an average price of $195.33, for a total transaction of $2,441,625.00. Following the completion of the sale, the director directly owned 75,184 shares of the company’s stock, valued at approximately $14,685,690.72. This trade represents a 14.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 259,842 shares of company stock worth $49,778,422 in the last 90 days. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Up 0.8%

Palo Alto Networks stock opened at $150.15 on Tuesday. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $223.61. The firm’s fifty day simple moving average is $173.81 and its 200-day simple moving average is $190.72. The company has a market capitalization of $122.52 billion, a P/E ratio of 82.96, a P/E/G ratio of 5.38 and a beta of 0.78.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Tuesday, February 17th. The network technology company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. The business had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.58 billion. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The firm’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.81 EPS. 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. On average, equities research analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Analyst Ratings Changes

PANW has been the subject of several recent analyst reports. Royal Bank Of Canada restated an “outperform” rating and issued a $220.00 target price on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Needham & Company LLC lowered their target price on Palo Alto Networks from $230.00 to $200.00 and set a “buy” rating on the stock in a report on Wednesday, February 18th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Palo Alto Networks in a report on Wednesday, February 4th. Loop Capital cut their price objective on Palo Alto Networks from $190.00 to $160.00 and set a “hold” rating on the stock in a report on Wednesday, February 18th. Finally, DA Davidson set a $190.00 target price on shares of Palo Alto Networks and gave the company a “buy” rating in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and an average price target of $211.62.

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.