Sienna Gestion Cuts Stock Holdings in Palo Alto Networks, Inc. $PANW

Sienna Gestion trimmed its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 7.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,211 shares of the network technology company’s stock after selling 3,334 shares during the quarter. Sienna Gestion’s holdings in Palo Alto Networks were worth $8,034,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Darwin Wealth Management LLC purchased a new position in shares of Palo Alto Networks during the 2nd quarter valued at approximately $25,000. Steph & Co. increased its holdings in shares of Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after purchasing an additional 67 shares in the last quarter. Knuff & Co LLC purchased a new position in shares of Palo Alto Networks during the 4th quarter valued at approximately $26,000. Sittner & Nelson LLC increased its holdings in shares of Palo Alto Networks by 73.8% during the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 62 shares in the last quarter. Finally, Luken Investment Analytics LLC increased its holdings in shares of Palo Alto Networks by 196.2% during the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after purchasing an additional 102 shares in the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, Director Aparna Bawa sold 536 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The shares were sold at an average price of $280.00, for a total transaction of $150,080.00. Following the sale, the director owned 7,704 shares of the company’s stock, valued at $2,157,120. The trade was a 6.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John P. Key sold 7,500 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the sale, the director directly owned 12,500 shares in the company, valued at approximately $3,490,500. This trade represents a 37.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 81,044 shares of company stock worth $20,424,722 over the last 90 days. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $284.54 on Tuesday. The firm has a market cap of $231.90 billion, a PE ratio of 233.23, a PEG ratio of 10.38 and a beta of 0.94. The firm has a fifty day moving average of $218.86 and a 200 day moving average of $189.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the previous year, the company posted $0.37 EPS. The firm’s quarterly revenue was up 31.1% on a year-over-year basis. 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, research analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on PANW shares. Arete Research raised shares of Palo Alto Networks from a “sell” rating to a “buy” rating and set a $185.00 target price for the company in a report on Tuesday, March 3rd. Rosenblatt Securities boosted their price target on shares of Palo Alto Networks from $275.00 to $355.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Piper Sandler reissued an “overweight” rating and issued a $345.00 price target (up from $265.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Evercore reissued an “outperform” rating and issued a $375.00 price target on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, DA Davidson boosted their price target on shares of Palo Alto Networks from $190.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $306.59.

About Palo Alto Networks

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.