Palo Alto Networks, Inc. $PANW Shares Sold by Clal Insurance Enterprises Holdings Ltd

Clal Insurance Enterprises Holdings Ltd reduced its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 89.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,000 shares of the network technology company’s stock after selling 285,000 shares during the period. Clal Insurance Enterprises Holdings Ltd’s holdings in Palo Alto Networks were worth $7,127,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Klingman & Associates LLC boosted its stake in Palo Alto Networks by 2.2% in the 3rd quarter. Klingman & Associates LLC now owns 2,131 shares of the network technology company’s stock worth $434,000 after purchasing an additional 46 shares during the period. Contravisory Investment Management Inc. boosted its position in shares of Palo Alto Networks by 1.8% in the third quarter. Contravisory Investment Management Inc. now owns 2,742 shares of the network technology company’s stock worth $558,000 after buying an additional 48 shares during the period. Mattern Wealth Management LLC boosted its holdings in shares of Palo Alto Networks by 2.9% during the third quarter. Mattern Wealth Management LLC now owns 1,692 shares of the network technology company’s stock worth $345,000 after purchasing an additional 48 shares during the period. PTM Wealth Management LLC increased its stake in shares of Palo Alto Networks by 4.0% in the third quarter. PTM Wealth Management LLC now owns 1,300 shares of the network technology company’s stock worth $276,000 after acquiring an additional 50 shares during the last quarter. Finally, Arlington Trust Co LLC grew its stake in shares of Palo Alto Networks by 4.8% in the 3rd quarter. Arlington Trust Co LLC now owns 1,088 shares of the network technology company’s stock valued at $222,000 after buying an additional 50 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. UBS Group set a $183.00 price target on Palo Alto Networks in a research report on Thursday, February 19th. Citizens Jmp reissued a “market outperform” rating and set a $250.00 price objective on shares of Palo Alto Networks in a report on Wednesday, February 18th. TD Cowen reiterated a “buy” rating on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Evercore increased their target price on Palo Alto Networks from $220.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday, November 13th. Finally, BMO Capital Markets lowered their price target on Palo Alto Networks from $230.00 to $200.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $211.62.

Insider Buying and Selling at Palo Alto Networks

In related news, CAO Josh D. Paul sold 800 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $184.81, for a total transaction of $147,848.00. Following the completion of the sale, the chief accounting officer directly owned 46,005 shares of the company’s stock, valued at $8,502,184.05. The trade was a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director James J. Goetz sold 12,500 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $195.33, for a total transaction of $2,441,625.00. Following the completion of the transaction, the director directly owned 75,184 shares in the company, valued at approximately $14,685,690.72. The trade was a 14.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 260,542 shares of company stock worth $49,910,995 over the last quarter. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Down 0.3%

PANW opened at $148.92 on Friday. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $223.61. The stock has a market capitalization of $121.52 billion, a PE ratio of 82.28, a PEG ratio of 5.39 and a beta of 0.75. The firm has a 50-day moving average price of $174.60 and a two-hundred day moving average price of $190.68.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The business had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.58 billion. During the same quarter last year, the business posted $0.81 earnings per share. Palo Alto Networks’s revenue for the quarter was up 14.9% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. On average, research analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current 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.