Integrity Alliance LLC. Trims Stock Position in Palo Alto Networks, Inc. $PANW

Integrity Alliance LLC. lessened its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 48.1% during the 2nd quarter, Holdings Channel reports. The firm owned 3,544 shares of the network technology company’s stock after selling 3,286 shares during the quarter. Integrity Alliance LLC.’s holdings in Palo Alto Networks were worth $725,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the company. St. Clair Advisors LLC lifted its stake in shares of Palo Alto Networks by 0.3% during the second quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock valued at $3,233,000 after buying an additional 50 shares during the period. Astoria Portfolio Advisors LLC. lifted its stake in shares of Palo Alto Networks by 2.1% during the second quarter. Astoria Portfolio Advisors LLC. now owns 2,467 shares of the network technology company’s stock valued at $496,000 after buying an additional 50 shares during the period. Csenge Advisory Group lifted its stake in shares of Palo Alto Networks by 2.4% during the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock valued at $381,000 after buying an additional 53 shares during the period. TFG Advisers LLC lifted its stake in shares of Palo Alto Networks by 1.1% during the second quarter. TFG Advisers LLC now owns 4,668 shares of the network technology company’s stock valued at $955,000 after buying an additional 53 shares during the period. Finally, GSG Advisors LLC lifted its stake in shares of Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock valued at $2,154,000 after buying an additional 54 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the sale, the executive vice president owned 96,135 shares of the company’s stock, valued at $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the completion of the sale, the executive vice president directly owned 149,190 shares of the company’s stock, valued at $31,616,344.80. The trade was a 44.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,215,130 shares of company stock worth $243,407,367 over the last three months. 2.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently issued reports on PANW shares. Jefferies Financial Group set a $235.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, July 29th. Wedbush reissued an “outperform” rating and set a $225.00 price objective on shares of Palo Alto Networks in a research note on Monday, September 15th. Truist Financial set a $220.00 price target on shares of Palo Alto Networks and gave the stock a “buy” rating in a research report on Tuesday, August 19th. Stephens reaffirmed an “equal weight” rating and set a $205.00 price target on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Finally, JMP Securities upped their price target on shares of Palo Alto Networks from $212.00 to $250.00 and gave the stock a “market outperform” rating in a research report on Monday, October 27th. Thirty analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus target price of $218.17.

Palo Alto Networks Stock Up 0.9%

Palo Alto Networks stock opened at $220.24 on Friday. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $223.61. The firm has a fifty day moving average of $204.51 and a 200-day moving average of $194.30. The firm has a market capitalization of $147.32 billion, a P/E ratio of 137.22, a PEG ratio of 5.24 and a beta of 0.98.

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, topping the consensus estimate 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 company had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the prior year, the business earned $0.75 earnings per share. The business’s quarterly revenue 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. On average, research analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Palo Alto Networks 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.