Palo Alto Networks, Inc. $PANW Shares Sold by Robbins Farley

Robbins Farley reduced its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 27.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,154 shares of the network technology company’s stock after selling 2,652 shares during the quarter. Robbins Farley’s holdings in Palo Alto Networks were worth $2,440,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in shares of Palo Alto Networks in the 2nd quarter worth approximately $25,833,462,000. Norges Bank bought a new position in shares of Palo Alto Networks in the fourth quarter valued at approximately $1,415,364,000. Legal & General Group Plc acquired a new position in shares of Palo Alto Networks during the second quarter valued at approximately $1,968,304,000. Bank of New York Mellon Corp acquired a new position in shares of Palo Alto Networks during the second quarter valued at approximately $1,569,755,000. Finally, Deutsche Bank AG acquired a new stake in Palo Alto Networks in the second quarter worth approximately $1,481,236,000. Institutional investors own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on PANW. DA Davidson increased their price target on Palo Alto Networks from $345.00 to $420.00 and gave the company a “buy” rating in a research note on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $430.00 price objective on shares of Palo Alto Networks in a report on Wednesday. Robert W. Baird set a $420.00 target price on Palo Alto Networks in a research note on Wednesday. Wolfe Research reiterated an “outperform” rating and issued a $320.00 price target on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Citizens Jmp upped their price target on shares of Palo Alto Networks from $320.00 to $415.00 and gave the company a “market outperform” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average price target of $385.67.

Palo Alto Networks News Roundup

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

• Positive Sentiment: Strong quarterly results and outlook: Fiscal fourth-quarter revenue rose 34% year over year to $3.41 billion, exceeding the $3.35 billion consensus estimate, while adjusted earnings of $1.02 per share topped expectations of $0.98. Fiscal 2027 revenue guidance of $14.1 billion to $14.2 billion was also above Wall Street’s forecast, supporting the company’s growth narrative. Reuters earnings and acquisition article
• Positive Sentiment: AI-security demand remains a major catalyst: Next-generation security annual recurring revenue increased 63% to $9.1 billion, including nearly $1 billion in net new ARR. Management said AI-driven cyberthreats are prompting customers to modernize aging security infrastructure, potentially extending PANW’s long-term growth runway. CNBC AI cybersecurity infrastructure article
• Positive Sentiment: Analysts remain bullish: Citigroup, DA Davidson, RBC, Susquehanna, Rosenblatt and BTIG all raised price targets, while Needham and Cantor Fitzgerald reaffirmed positive ratings. The revisions indicate analysts view the selloff as an opportunity and see meaningful upside if execution continues.
• Positive Sentiment: Strategic AI acquisition: Palo Alto Networks agreed to acquire Console, an AI-native platform that automates IT help-desk workflows and adds agentic capabilities. TechCrunch reported the transaction value at approximately $500 million in cash and stock, underscoring PANW’s continued investment in AI. TechCrunch Console acquisition article
• Neutral Sentiment: Valuation and expectations are the key debate: Despite the earnings beat, PANW’s premium valuation has left little room for disappointment. Investors appear to be repricing the stock after its substantial prior rally, while broader software and cybersecurity shares also traded lower.

Palo Alto Networks Stock Performance

Shares of NASDAQ PANW opened at $328.48 on Thursday. The stock’s fifty day simple moving average is $348.83 and its 200 day simple moving average is $253.11. The stock has a market capitalization of $267.71 billion, a price-to-earnings ratio of 644.09, a PEG ratio of 11.06 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. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $398.88.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, September 1st. The network technology company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.98 by $0.04. Palo Alto Networks had a return on equity of 10.21% and a net margin of 2.67%.The business had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.35 billion. During the same period in the prior year, the business posted $0.95 earnings per share. Palo Alto Networks’s revenue was up 34.5% compared to the same quarter last year. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. As a group, sell-side analysts forecast that Palo Alto Networks, Inc. will post 2.25 earnings per share for the current fiscal year.

Insider Activity

In other news, Director James J. Goetz sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the sale, the director owned 20,000 shares in the company, valued at $5,598,000. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the sale, the executive vice president owned 145,250 shares of the company’s stock, valued at approximately $42,058,590. This trade represents a 3.33% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 37,735 shares of company stock worth $10,814,266. 1.40% of the stock is owned by company insiders.

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.