Palo Alto Networks, Inc. $PANW Shares Sold by Ibex Wealth Advisors

Ibex Wealth Advisors reduced its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 13.9% during the 1st quarter, HoldingsChannel reports. The firm owned 59,221 shares of the network technology company’s stock after selling 9,584 shares during the period. Ibex Wealth Advisors’ holdings in Palo Alto Networks were worth $9,494,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of Palo Alto Networks by 147.7% during the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock worth $1,230,000 after buying an additional 4,031 shares during the period. Bison Wealth LLC increased its position in Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after acquiring an additional 3,275 shares during the period. Sivia Capital Partners LLC raised its stake in Palo Alto Networks by 66.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock valued at $713,000 after acquiring an additional 1,389 shares during the last quarter. Osterweis Capital Management Inc. lifted its position in Palo Alto Networks by 11,100.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock worth $115,000 after acquiring an additional 555 shares during the period. Finally, Main Street Financial Solutions LLC lifted its position in Palo Alto Networks by 6.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company’s stock worth $900,000 after acquiring an additional 249 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

More Palo Alto Networks News

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

• Positive Sentiment: CEO Nikesh Arora said AI token pricing needs to fall sharply, underscoring Palo Alto Networks’ view that lower AI costs could help speed enterprise adoption and expand demand for security products tied to AI usage. Palo Alto CEO Arora says AI pricing needs to fall 90% as token costs skyrocket
• Positive Sentiment: Recent articles highlighted PANW’s strong recent performance, including about 60% growth in next-gen security revenue and continued investor enthusiasm for the company’s AI and cybersecurity exposure. Shares Soar on Palo Alto’s 60% Next Gen Security Growth
• Positive Sentiment: BTIG raised its price target on Palo Alto Networks from $333 to $380 and kept a Buy rating, reinforcing the bullish case after the company’s recent earnings beat and revenue growth. BTIG Raised PT on Palo Alto (PANW), Here’s Why
• Positive Sentiment: Cybersecurity-focused commentary has continued to frame PANW as a leading stock in the AI/security trade, helping support the rally in the shares. Palo Alto Just Soared 28% in a Month. Should Investors Take Profits and Rotate Into CrowdStrike or Fortinet?
• Negative Sentiment: Director Helle Thorning-Schmidt sold 700 shares at $346.85, which is a modest insider sale that can temper sentiment a bit. Helle Thorning-Schmidt Sells 700 Shares of Palo Alto Networks (NASDAQ:PANW) Stock

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. The Goldman Sachs Group reissued a “buy” rating and issued a $330.00 target price on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Argus increased their price target on Palo Alto Networks from $222.00 to $320.00 in a report on Friday, June 5th. Oppenheimer lifted their price objective on shares of Palo Alto Networks from $275.00 to $350.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. Morgan Stanley boosted their price objective on shares of Palo Alto Networks from $253.00 to $320.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Finally, BMO Capital Markets raised their target price on shares of Palo Alto Networks from $270.00 to $335.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $318.65.

Insider Activity

In other news, Director Helle Thorning-Schmidt sold 700 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total transaction of $242,795.00. Following the completion of the sale, the director directly owned 5,898 shares in the company, valued at approximately $2,045,721.30. This trade represents a 10.61% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James J. Goetz sold 20,000 shares of Palo Alto Networks 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 of the company’s stock, valued at approximately $5,598,000. The trade was a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 101,239 shares of company stock valued at $27,174,360 in the last quarter. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Up 5.5%

NASDAQ:PANW opened at $338.31 on Friday. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $368.17. 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 fifty day moving average price of $271.19 and a two-hundred day moving average price of $205.80. The stock has a market capitalization of $275.72 billion, a price-to-earnings ratio of 277.30, a PEG ratio of 11.90 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 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 analyst estimates of $2.94 billion. During the same period in the previous year, the firm earned $0.37 EPS. The business’s 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, sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Palo Alto Networks 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.