Palo Alto Networks, Inc. $PANW Shares Sold by Claro Advisors LLC

Claro Advisors LLC trimmed its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 6.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,631 shares of the network technology company’s stock after selling 704 shares during the period. Claro Advisors LLC’s holdings in Palo Alto Networks were worth $1,971,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Whipplewood Advisors LLC lifted its stake in Palo Alto Networks by 6,400.0% during the 2nd quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock valued at $27,000 after acquiring an additional 128 shares during the period. Briaud Financial Planning Inc acquired a new stake in Palo Alto Networks during the 2nd quarter valued at approximately $28,000. Dagco Inc. acquired a new stake in Palo Alto Networks during the 1st quarter valued at approximately $33,000. WPG Advisers LLC acquired a new stake in Palo Alto Networks during the 1st quarter valued at approximately $37,000. Finally, Strategic Investment Solutions Inc. IL lifted its stake 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 acquiring an additional 83 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on PANW shares. Citigroup reiterated an “outperform” rating on shares of Palo Alto Networks in a research note on Monday, October 27th. KeyCorp cut shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 31st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Palo Alto Networks in a research note on Wednesday, October 8th. Morgan Stanley boosted their target price on shares of Palo Alto Networks from $210.00 to $216.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. Finally, UBS Group set a $245.00 target price on shares of Palo Alto Networks in a research note on Friday, September 26th. Thirty equities 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $218.17.

Palo Alto Networks Stock Performance

Shares of NASDAQ PANW opened at $214.52 on Wednesday. The firm has a market cap of $143.49 billion, a PE ratio of 133.66, a PEG ratio of 5.21 and a beta of 0.95. The firm has a fifty day moving average of $205.81 and a 200 day moving average of $195.17. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. The company had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The firm’s revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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, equities analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling at Palo Alto Networks

In other news, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were 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 $56,119,152.78. This represents a 75.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total transaction 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 trade represents a 4.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,215,830 shares of company stock valued at $249,160,428 over the last ninety days. 2.50% of the stock is currently owned by corporate 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.