Palo Alto Networks, Inc. $PANW Shares Sold by Northstar Asset Management Inc.

Northstar Asset Management Inc. lowered its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 13.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,299 shares of the network technology company’s stock after selling 1,763 shares during the period. Palo Alto Networks makes up 1.1% of Northstar Asset Management Inc.’s holdings, making the stock its 25th largest position. Northstar Asset Management Inc.’s holdings in Palo Alto Networks were worth $3,853,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Darwin Wealth Management LLC acquired a new stake in Palo Alto Networks in the second quarter worth about $25,000. Knuff & Co LLC bought a new stake in shares of Palo Alto Networks during the 4th quarter worth about $26,000. Solstein Capital LLC bought a new stake in shares of Palo Alto Networks during the 2nd quarter worth about $26,000. Sittner & Nelson LLC lifted its stake in shares of Palo Alto Networks by 73.8% in the 4th 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, N.E.W. Advisory Services LLC acquired a new stake in shares of Palo Alto Networks in the 2nd quarter worth approximately $27,000. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks News Roundup

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Benchmark raised its price target to $400 from $340 and maintained a Buy rating, citing potential upside to next-generation security annual recurring revenue, revenue, operating income and margins. The forecast reinforces expectations that Palo Alto Networks’ AI-security strategy is gaining traction. Palo Alto Networks Gets a $400 Target
• Positive Sentiment: Investors are taking confidence from CrowdStrike’s stronger-than-expected results, which highlighted robust AI-related cybersecurity demand and lifted sentiment across the sector. Palo Alto Networks is viewed as a potential beneficiary of the same spending cycle. Palo Alto Networks Stock Trades Up
• Positive Sentiment: Platformization, adoption of AI-security products and recent deal wins are expected to support fourth-quarter growth. BTIG also assigned PANW a Buy rating, adding to broadly favorable analyst coverage. Palo Alto Networks to Report Q4 Earnings
• Neutral Sentiment: Earnings are the next major catalyst. Traders expect potentially significant movement after the report, while analysts are watching recurring revenue, margins, operating income and guidance—not just revenue and EPS. Expected Post-Earnings Stock Move
• Negative Sentiment: Acquisition-related costs could pressure results, and the stock’s triple-digit P/E ratio—above 300 based on the supplied data—means much of the AI-growth outlook may already be reflected in the price. Any shortfall in growth or guidance could trigger profit-taking. Palo Alto’s Rally Has One Big Problem Ahead of Earnings
• Negative Sentiment: Chief Accounting Officer Josh D. Paul sold 900 shares for approximately $318,000, reducing his position by 1.21%. The transaction is small relative to his remaining holdings but may create a modest sentiment headwind. Palo Alto Networks Insider Sale

Wall Street Analyst Weigh In

A number of research analysts recently commented on PANW shares. JPMorgan Chase & Co. raised their price objective on shares of Palo Alto Networks from $326.00 to $384.00 and gave the company an “overweight” rating in a research note on Tuesday. Weiss Ratings lowered Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. BTIG Research reiterated a “buy” rating and set a $380.00 price target on shares of Palo Alto Networks in a research report on Wednesday. Scotiabank reissued a “sector outperform” rating and issued a $320.00 price objective (up from $180.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Palo Alto Networks from $220.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have assigned a Hold rating and one has given 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 $368.42.

Insider Buying and Selling

In other news, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $279.90, for a total value of $5,598,000.00. Following the transaction, the director directly owned 20,000 shares of the company’s stock, valued at $5,598,000. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Helle Thorning-Schmidt sold 700 shares of the business’s stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total transaction of $242,795.00. Following the sale, the director owned 5,898 shares in the company, valued at $2,045,721.30. This represents a 10.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 38,835 shares of company stock valued at $11,127,854. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Down 2.9%

Shares of Palo Alto Networks stock opened at $371.59 on Friday. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $398.88. The firm has a market capitalization of $302.85 billion, a PE ratio of 304.58, a price-to-earnings-growth ratio of 12.10 and a beta of 0.91. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The stock’s fifty day moving average is $344.62 and its 200-day moving average is $248.45.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The business 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%.Palo Alto Networks’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter last year, the company posted $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. Equities analysts anticipate that Palo Alto Networks, Inc. will post 2.01 earnings per share for the current 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.