Palo Alto Networks (NASDAQ:PANW) Director Sells $149,850.00 in Stock

Palo Alto Networks, Inc. (NASDAQ:PANW) Director Aparna Bawa sold 555 shares of the firm’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $270.00, for a total value of $149,850.00. Following the completion of the transaction, the director owned 8,240 shares of the company’s stock, valued at $2,224,800. The trade was a 6.31% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Aparna Bawa also recently made the following trade(s):

• On Friday, June 12th, Aparna Bawa sold 536 shares of Palo Alto Networks stock. The shares were sold at an average price of $280.00, for a total value of $150,080.00.
• On Wednesday, June 10th, Aparna Bawa sold 377 shares of Palo Alto Networks stock. The shares were sold at an average price of $265.00, for a total value of $99,905.00.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $279.62 on Monday. The stock has a market capitalization of $227.89 billion, a price-to-earnings ratio of 229.20, a PEG ratio of 10.38 and a beta of 0.94. The business has a 50-day moving average of $216.44 and a 200-day moving average of $189.26. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share 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 analysts’ expectations of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.Palo Alto Networks’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.37 EPS. 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. As a group, sell-side analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on PANW. BMO Capital Markets raised their price objective on Palo Alto Networks from $270.00 to $335.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. UBS Group set a $300.00 target price on shares of Palo Alto Networks and gave the company a “neutral” rating in a research note on Wednesday, June 3rd. Cantor Fitzgerald set a $340.00 target price on shares of Palo Alto Networks and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Weiss Ratings downgraded shares of Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Finally, Benchmark raised their target price on shares of Palo Alto Networks from $270.00 to $340.00 and gave the company a “buy” rating in a research note 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 given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $306.59.

Institutional Investors Weigh In On Palo Alto Networks

Several hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Palo Alto Networks by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock worth $12,512,533,000 after acquiring an additional 2,659,100 shares during the last quarter. State Street Corp lifted its position in Palo Alto Networks by 2.0% during the fourth quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock worth $5,587,100,000 after acquiring an additional 594,789 shares during the last quarter. Bank of America Corp DE lifted its position in Palo Alto Networks by 16.0% during the first quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company’s stock worth $3,603,473,000 after acquiring an additional 3,101,267 shares during the last quarter. Geode Capital Management LLC lifted its position in Palo Alto Networks by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock worth $2,934,935,000 after acquiring an additional 540,756 shares during the last quarter. Finally, Norges Bank acquired a new stake in Palo Alto Networks during the fourth quarter worth approximately $1,415,364,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

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.