Palo Alto Networks, Inc. $PANW Shares Sold by GS Investments Inc.

GS Investments Inc. reduced its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,454 shares of the network technology company’s stock after selling 555 shares during the quarter. GS Investments Inc.’s holdings in Palo Alto Networks were worth $2,958,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in PANW. Nuveen LLC acquired a new position in shares of Palo Alto Networks during the first quarter valued at $810,047,000. Kingstone Capital Partners Texas LLC bought a new position in Palo Alto Networks in the 2nd quarter valued at about $633,068,000. Goldman Sachs Group Inc. grew its position in Palo Alto Networks by 41.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock valued at $1,234,650,000 after buying an additional 2,134,735 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in Palo Alto Networks by 77.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company’s stock valued at $662,000,000 after buying an additional 1,688,432 shares during the period. Finally, Vanguard Group Inc. raised 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 worth $10,712,019,000 after buying an additional 1,541,637 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Stock Up 0.4%

PANW opened at $212.29 on Friday. The firm has a market cap of $142.00 billion, a PE ratio of 132.27, a P/E/G ratio of 5.05 and a beta of 0.95. The business has a fifty day simple moving average of $207.16 and a 200-day simple moving average of $195.99. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period in the previous year, the firm earned $0.75 earnings per share. Palo Alto Networks’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. On average, equities research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling

In other Palo Alto Networks news, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. This represents a 75.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the completion of the transaction, the executive vice president owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. The trade was a 4.94% 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 quarter. 2.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on PANW shares. Jefferies Financial Group set a $235.00 price objective on shares of Palo Alto Networks in a report on Tuesday, July 29th. Rosenblatt Securities decreased their price target on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a research note on Thursday, August 14th. Oppenheimer lifted their price target on Palo Alto Networks from $225.00 to $245.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the stock an “outperform” rating in a research note on Tuesday, August 19th. Finally, BTIG Research raised Palo Alto Networks from a “neutral” rating to a “buy” rating in a research note on Monday, October 13th. Thirty investment 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’s stock. According to MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average target price of $218.17.

About Palo Alto Networks

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.