Palo Alto Networks, Inc. $PANW Shares Sold by Triumph Capital Management

Triumph Capital Management reduced its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 43.3% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 1,927 shares of the network technology company’s stock after selling 1,470 shares during the period. Triumph Capital Management’s holdings in Palo Alto Networks were worth $657,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in Palo Alto Networks in the 2nd quarter valued at about $25,833,462,000. Norges Bank purchased a new position in Palo Alto Networks in the 4th quarter worth approximately $1,415,364,000. Legal & General Group Plc acquired a new position in shares of Palo Alto Networks during the 2nd quarter worth approximately $1,968,304,000. Bank of New York Mellon Corp acquired a new position in shares of Palo Alto Networks during the 2nd quarter worth approximately $1,569,755,000. Finally, Deutsche Bank AG purchased a new stake in shares of Palo Alto Networks in the second quarter valued at approximately $1,481,236,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Palo Alto Networks

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Quarterly results topped expectations. Fiscal Q4 revenue rose roughly 34% year over year to $3.41 billion, exceeding the $3.35 billion consensus estimate. Non-GAAP EPS of $1.02 also beat expectations of $0.98 and increased from $0.95 a year earlier. Reuters article
• Positive Sentiment: Fiscal 2027 guidance was stronger than anticipated. Palo Alto Networks forecast revenue of $14.1 billion to $14.2 billion, representing approximately 23% to 24% growth and above the $13.8 billion analyst estimate. Its EPS outlook of $4.16 to $4.19 was also well above the $2.01 consensus, while first-quarter revenue and EPS guidance exceeded expectations. Wall Street Journal article
• Positive Sentiment: AI is expanding the cybersecurity opportunity. CEO Nikesh Arora said approximately $1 trillion of aging cybersecurity infrastructure is not prepared for AI-driven attacks, potentially creating a long runway for modernization spending and demand for Palo Alto’s platform. CNBC article
• Positive Sentiment: The company strengthened its AI strategy. Palo Alto announced the acquisition of Console, an AI-native platform intended to add agentic capabilities and automate security workflows. The deal reinforces management’s focus on AI-era cybersecurity demand. Console acquisition announcement
• Neutral Sentiment: Expectations were already high. Shares had gained substantially ahead of earnings, raising the risk that even strong results would prompt profit-taking. Analysts also lifted targets, including Scotiabank’s increase to $430, indicating continued confidence but potentially less near-term upside after the rally.
• Negative Sentiment: Valuation and market conditions pressured the stock. Palo Alto Networks trades at a very high earnings multiple, while software stocks broadly sold off amid rising Treasury yields, inflation concerns and geopolitical risk. This macro pressure appears to have outweighed the earnings beat in the immediate reaction. Software sector selloff article

Palo Alto Networks Trading Down 5.2%

PANW opened at $362.09 on Wednesday. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $398.88. The stock has a market capitalization of $295.10 billion, a PE ratio of 296.80, a P/E/G ratio of 12.08 and a beta of 0.91. The business’s 50 day moving average price is $347.96 and its 200 day moving average price is $251.94. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Tuesday, September 1st. The network technology company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.04. The company had revenue of $3.41 billion during the quarter, compared to analyst estimates of $3.35 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm’s revenue for the quarter was up 34.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.95 earnings per share. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. As a group, equities research analysts expect that Palo Alto Networks, Inc. will post 2.01 EPS for the current year.

Insider Buying and Selling at Palo Alto Networks

In related news, Director John P. Key sold 7,500 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.24, for a total value of $2,094,300.00. Following the sale, the director directly owned 12,500 shares in the company, valued at approximately $3,490,500. The trade was a 37.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Helle Thorning-Schmidt sold 700 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total transaction of $242,795.00. Following the completion of the transaction, the director directly owned 5,898 shares in the company, valued at $2,045,721.30. The trade was a 10.61% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 37,735 shares of company stock worth $10,814,266. Insiders own 1.40% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on PANW. Northland Securities increased their price target on Palo Alto Networks from $190.00 to $302.00 and gave the company a “market perform” rating in a report on Wednesday, June 3rd. Oppenheimer reissued an “outperform” rating and set a $400.00 price objective (up from $350.00) on shares of Palo Alto Networks in a research note on Tuesday, August 4th. Arete Research upped their target price on Palo Alto Networks from $185.00 to $433.00 and gave the company a “buy” rating in a report on Monday, June 29th. Loop Capital raised their target price on Palo Alto Networks from $160.00 to $290.00 and gave the stock a “hold” rating in a research note on Wednesday, June 3rd. Finally, Capital One Financial set a $421.00 price target on Palo Alto Networks and gave the stock an “overweight” rating in a report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus target price of $370.87.

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.