Palo Alto Networks, Inc. $PANW Shares Sold by Dorsey Wright & Associates

Dorsey Wright & Associates lowered its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 8.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,722 shares of the network technology company’s stock after selling 1,764 shares during the period. Dorsey Wright & Associates’ holdings in Palo Alto Networks were worth $3,726,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Cambient Family Office LLC acquired a new stake in Palo Alto Networks during the 4th quarter valued at approximately $3,711,000. McLaughlin Asset Management Inc. acquired a new position in shares of Palo Alto Networks in the 4th quarter valued at approximately $2,260,000. Wick Capital Partners LLC acquired a new position in shares of Palo Alto Networks in the 4th quarter valued at approximately $294,000. Mcguire Capital Advisors Inc. purchased a new position in shares of Palo Alto Networks during the 4th quarter valued at approximately $68,000. Finally, Hamilton Wealth LLC boosted its stake in shares of Palo Alto Networks by 1.7% during the 4th quarter. Hamilton Wealth LLC now owns 24,006 shares of the network technology company’s stock valued at $4,422,000 after buying an additional 406 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insiders Place Their Bets

In related news, Director Aparna Bawa sold 536 shares of Palo Alto Networks stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $280.00, for a total value of $150,080.00. Following the sale, the director directly owned 7,704 shares in the company, valued at $2,157,120. This trade represents 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, CAO Josh D. Paul sold 1,100 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $285.08, for a total transaction of $313,588.00. Following the transaction, the chief accounting officer directly owned 81,636 shares of the company’s stock, valued at $23,272,790.88. The trade was a 1.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 101,044 shares of company stock worth $26,022,722. 1.40% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on PANW. Stifel Nicolaus set a $340.00 price target on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. DA Davidson upped their price target on shares of Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. JPMorgan Chase & Co. increased their price objective on shares of Palo Alto Networks from $200.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. Robert W. Baird set a $320.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, 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 research report on Tuesday, March 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $306.59.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $287.78 on Friday. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $302.95. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The business’s fifty day moving average price is $225.96 and its two-hundred day moving average price is $191.98. The firm has a market capitalization of $234.54 billion, a PE ratio of 235.89, a P/E/G ratio of 10.48 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same period last year, the business posted $0.37 earnings per share. The firm’s quarterly revenue was up 31.1% compared to the same quarter last year. 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 2.03 EPS for the current year.

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.