Gordian Capital Singapore Pte Ltd trimmed its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 28.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,981 shares of the network technology company’s stock after selling 2,020 shares during the period. Gordian Capital Singapore Pte Ltd’s holdings in Palo Alto Networks were worth $918,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new position in shares of Palo Alto Networks in the second quarter worth $25,000. Knuff & Co LLC bought a new position in shares of Palo Alto Networks in the fourth quarter worth $26,000. Steph & Co. boosted its holdings in shares of Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after acquiring an additional 67 shares during the period. Sittner & Nelson LLC boosted its holdings in shares of Palo Alto Networks by 73.8% in the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after acquiring an additional 62 shares during the period. Finally, Winch Advisory Services LLC boosted its holdings in shares of Palo Alto Networks by 96.1% in the third quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock worth $30,000 after acquiring an additional 73 shares during the period. 79.82% of the stock is owned by institutional investors.
Insider Activity at Palo Alto Networks
In related news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total transaction of $802,100.00. Following the completion of the sale, the executive vice president owned 150,250 shares of the company’s stock, valued at approximately $24,103,105. This trade represents a 3.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks stock in a transaction on Monday, June 1st. The shares were sold at an average price of $285.08, for a total value of $313,588.00. Following the sale, the chief accounting officer directly owned 81,636 shares of the company’s stock, valued at $23,272,790.88. This represents a 1.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 72,076 shares of company stock valued at $17,930,587 in the last ninety days. 1.40% of the stock is currently owned by corporate insiders.
Palo Alto Networks Price Performance
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last posted its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm’s quarterly revenue was up 31.1% on a year-over-year basis. During the same quarter last year, the company earned $0.37 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. On average, research analysts expect that Palo Alto Networks, Inc. will post 2.15 EPS for the current fiscal year.
Analyst Ratings Changes
A number of research firms have recently commented on PANW. New Street Research cut their price target on Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating for the company in a report on Thursday, February 19th. Jefferies Financial Group set a $335.00 price target on Palo Alto Networks and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Robert W. Baird set a $320.00 price target on Palo Alto Networks in a report on Wednesday, June 3rd. Truist Financial raised their price target on Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $320.00 price target on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $306.59.
View Our Latest Analysis on Palo Alto Networks
Palo Alto Networks 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.
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