IFG Advisory LLC Trims Stock Holdings in Palo Alto Networks, Inc. $PANW

IFG Advisory LLC trimmed its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 80.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,798 shares of the network technology company’s stock after selling 7,267 shares during the period. IFG Advisory LLC’s holdings in Palo Alto Networks were worth $368,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Palo Alto Networks by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock valued at $10,712,019,000 after purchasing an additional 1,541,637 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Palo Alto Networks by 41.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after acquiring an additional 2,134,735 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Palo Alto Networks by 16.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company’s stock worth $1,177,765,000 after acquiring an additional 950,765 shares during the last quarter. Nuveen LLC bought a new stake in Palo Alto Networks in the first quarter worth $810,047,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in Palo Alto Networks by 5.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 4,422,037 shares of the network technology company’s stock worth $754,576,000 after purchasing an additional 219,111 shares during the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on PANW shares. KeyCorp downgraded shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 31st. Oppenheimer boosted their price target on shares of Palo Alto Networks from $225.00 to $245.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Wedbush reissued an “outperform” rating and issued a $225.00 price target on shares of Palo Alto Networks in a research note on Monday, September 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of Palo Alto Networks in a research note on Wednesday, October 8th. Finally, Citigroup reissued an “outperform” rating on shares of Palo Alto Networks in a research note on Monday, October 27th. Thirty research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Palo Alto Networks currently has an average rating of “Moderate Buy” and a consensus price target of $218.17.

Insider Buying and Selling at Palo Alto Networks

In related news, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the transaction, the chief executive officer owned 275,013 shares in the company, valued at $56,119,152.78. This represents a 75.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Josh D. Paul sold 700 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total transaction of $141,512.00. Following the transaction, the chief accounting officer owned 32,474 shares in the company, valued at approximately $6,564,943.84. This trade represents a 2.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,094,356 shares of company stock worth $222,684,964 in the last ninety days. 2.50% of the stock is owned by company insiders.

Palo Alto Networks Trading Down 0.5%

PANW stock opened at $219.23 on Tuesday. The firm’s 50-day moving average price is $205.20 and its two-hundred day moving average price is $194.84. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $223.61. The stock has a market capitalization of $146.64 billion, a price-to-earnings ratio of 136.59, a PEG ratio of 5.24 and a beta of 0.95.

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

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.