Aparna Bawa Sells 345 Shares of Palo Alto Networks (NASDAQ:PANW) Stock

Palo Alto Networks, Inc. (NASDAQ:PANW) Director Aparna Bawa sold 345 shares of the business’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $290.17, for a total transaction of $100,108.65. Following the completion of the transaction, the director owned 7,359 shares in the company, valued at $2,135,361.03. The trade was a 4.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Friday, June 12th, Aparna Bawa sold 536 shares of Palo Alto Networks stock. The stock was sold at an average price of $280.00, for a total transaction of $150,080.00.
• On Thursday, June 11th, Aparna Bawa sold 555 shares of Palo Alto Networks stock. The shares were sold at an average price of $270.00, for a total transaction of $149,850.00.
• 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 Trading Up 1.6%

Shares of Palo Alto Networks stock opened at $290.92 on Wednesday. The firm has a market capitalization of $237.10 billion, a price-to-earnings ratio of 238.46, a PEG ratio of 10.63 and a beta of 0.94. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $302.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a 50 day moving average of $233.33 and a 200 day moving average of $194.05.

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, topping 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%.The firm’s quarterly revenue was up 31.1% compared to the same quarter last year. During the same quarter last year, the firm 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. As a group, research analysts predict that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have weighed in on PANW. Evercore reaffirmed an “outperform” rating and set a $375.00 target price on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Palo Alto Networks from $220.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, June 3rd. Morgan Stanley upped their price objective on shares of Palo Alto Networks from $253.00 to $320.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Scotiabank reaffirmed a “sector outperform” rating and set a $320.00 price objective (up from $180.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Susquehanna reiterated a “positive” rating and issued a $350.00 target price (up from $200.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $306.59.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Aviva PLC lifted its holdings in shares of Palo Alto Networks by 5.4% in the 4th quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after buying an additional 29,230 shares during the period. Westfield Capital Management Co. LP acquired a new stake in Palo Alto Networks in the 3rd quarter valued at about $75,412,000. Peapack Gladstone Financial Corp raised its position in Palo Alto Networks by 8.8% during the fourth quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock worth $8,926,000 after acquiring an additional 3,926 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Palo Alto Networks by 134.1% in the third quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock valued at $136,859,000 after purchasing an additional 384,985 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in shares of Palo Alto Networks by 0.6% in the third quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock valued at $277,828,000 after purchasing an additional 8,344 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

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.