Palo Alto Networks, Inc. (NASDAQ:PANW – Get Free Report) CAO Josh Paul sold 900 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $353.77, for a total value of $318,393.00. Following the transaction, the chief accounting officer owned 73,354 shares in the company, valued at approximately $25,950,444.58. The trade was a 1.21% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Palo Alto Networks Trading Up 12.8%
NASDAQ PANW traded up $43.54 on Thursday, reaching $382.85. 7,286,930 shares of the company were exchanged, compared to its average volume of 8,586,413. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The business’s fifty day moving average price is $341.05 and its 200 day moving average price is $246.01. The stock has a market capitalization of $312.02 billion, a P/E ratio of 313.81, a price-to-earnings-growth ratio of 11.39 and a beta of 0.91. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $398.88.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same period 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. Analysts forecast that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current year.
Wall Street Analyst Weigh In
Read Our Latest Report on Palo Alto Networks
Institutional Trading of Palo Alto Networks
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Solstein Capital LLC purchased a new stake in shares of Palo Alto Networks in the 2nd quarter valued at $26,000. N.E.W. Advisory Services LLC purchased a new position in Palo Alto Networks during the 2nd quarter valued at about $27,000. Delos Wealth Advisors LLC acquired a new position in Palo Alto Networks in the 2nd quarter valued at about $28,000. Principia Wealth Advisory LLC increased its stake in Palo Alto Networks by 125.0% during the second quarter. Principia Wealth Advisory LLC now owns 81 shares of the network technology company’s stock worth $28,000 after purchasing an additional 45 shares during the period. Finally, EMC Capital Management purchased a new stake in Palo Alto Networks during the second quarter worth about $34,000. 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.
See Also
- Five stocks we like better than Palo Alto Networks
- Nutanix’s Rally Has a Bigger Story Than Earnings as AMD’s AI Bet Takes Shape
- SEC Probe Puts Wall Street Leverage Risk Back in Focus
- A Bearish-Dollar Options Surge Raises the Stakes for Warsh at Jackson Hole
- Five Below’s Turnaround Is Working—But Has the Stock Run Too Far?
Receive News & Ratings for Palo Alto Networks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palo Alto Networks and related companies with MarketBeat.com's FREE daily email newsletter.
