Grange Capital LLC Decreases Stake in Palo Alto Networks, Inc. $PANW

Grange Capital LLC lowered its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 25.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 4,141 shares of the network technology company’s stock after selling 1,383 shares during the period. Grange Capital LLC’s holdings in Palo Alto Networks were worth $847,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Whipplewood Advisors LLC grew its holdings in Palo Alto Networks by 6,400.0% in the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after acquiring an additional 128 shares during the last quarter. Briaud Financial Planning Inc bought a new position in shares of Palo Alto Networks during the second quarter valued at about $28,000. Dagco Inc. purchased a new stake in shares of Palo Alto Networks during the first quarter worth about $33,000. WPG Advisers LLC bought a new stake in shares of Palo Alto Networks in the first quarter worth about $37,000. Finally, Strategic Investment Solutions Inc. IL increased its holdings in Palo Alto Networks by 58.9% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after purchasing an additional 83 shares during the period. Institutional investors own 79.82% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Palo Alto Networks in a report on Wednesday, October 8th. Morgan Stanley upped their target price on Palo Alto Networks from $210.00 to $216.00 and gave the company an “overweight” rating in a report on Tuesday, September 2nd. Bank of America lifted their price target on shares of Palo Alto Networks from $215.00 to $240.00 and gave the company a “buy” rating in a report on Monday, October 20th. Cantor Fitzgerald restated an “overweight” rating and issued a $223.00 price objective on shares of Palo Alto Networks in a report on Friday, August 15th. Finally, Rosenblatt Securities dropped their target price on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a research report on Thursday, August 14th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $218.17.

Palo Alto Networks Trading Up 0.4%

PANW opened at $212.29 on Monday. The company has a market cap of $142.00 billion, a price-to-earnings ratio of 132.27, a price-to-earnings-growth ratio of 5.05 and a beta of 0.95. The stock has a fifty day simple moving average of $207.16 and a two-hundred day simple moving average of $196.19. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company’s quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Buying and Selling at Palo Alto Networks

In other news, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $219.97, for a total transaction of $153,979.00. Following the completion of the transaction, the chief accounting officer directly owned 47,505 shares in the company, valued at approximately $10,449,674.85. This trade represents a 1.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total value of $172,718,016.48. Following the completion of the sale, the chief executive officer directly owned 275,013 shares in the company, valued at approximately $56,119,152.78. This represents a 75.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,215,830 shares of company stock worth $249,160,428 in the last ninety days. 2.50% of the stock is owned by company insiders.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.