Palo Alto Networks, Inc. $PANW Stock Position Trimmed by Quintet Private Bank Europe S.A.

Quintet Private Bank Europe S.A. cut its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 10.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 199,971 shares of the network technology company’s stock after selling 23,890 shares during the quarter. Palo Alto Networks comprises approximately 2.4% of Quintet Private Bank Europe S.A.’s portfolio, making the stock its 8th biggest holding. Quintet Private Bank Europe S.A.’s holdings in Palo Alto Networks were worth $40,922,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in PANW. Gradient Investments LLC raised its holdings in shares of Palo Alto Networks by 5.1% in the 2nd quarter. Gradient Investments LLC now owns 152,520 shares of the network technology company’s stock worth $31,212,000 after purchasing an additional 7,423 shares during the period. Mirabaud & Cie SA raised its holdings in shares of Palo Alto Networks by 130.1% in the 2nd quarter. Mirabaud & Cie SA now owns 15,810 shares of the network technology company’s stock worth $3,235,000 after purchasing an additional 8,940 shares during the period. Trust Co. of Oklahoma purchased a new position in shares of Palo Alto Networks in the 2nd quarter worth about $352,000. Wealth Alliance Advisory Group LLC purchased a new position in shares of Palo Alto Networks in the 2nd quarter worth about $228,000. Finally, Teamwork Financial Advisors LLC raised its holdings in shares of Palo Alto Networks by 0.7% in the 2nd quarter. Teamwork Financial Advisors LLC now owns 21,161 shares of the network technology company’s stock worth $4,330,000 after purchasing an additional 142 shares during the period. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $196.29 on Monday. The company has a market cap of $131.30 billion, a P/E ratio of 122.30, a PEG ratio of 4.68 and a beta of 0.98. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $210.39. The business’s 50-day simple moving average is $188.03 and its 200 day simple moving average is $185.90.

Palo Alto Networks (NASDAQ:PANW) last posted 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 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 the consensus estimate of $2.50 billion. During the same period in the previous year, the business earned $0.75 EPS. 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. Analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insiders Place Their Bets

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $184.20, for a total transaction of $128,940.00. Following the sale, the chief accounting officer directly owned 37,723 shares in the company, valued at $6,948,576.60. The trade was a 1.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total value of $23,081,119.14. Following the sale, the executive vice president owned 177,954 shares in the company, valued at $34,008,788.94. This represents a 40.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 569,422 shares of company stock valued at $106,629,618 over the last 90 days. 2.50% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on PANW shares. Piper Sandler upgraded Palo Alto Networks from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $200.00 to $225.00 in a report on Tuesday, August 12th. Bank of America upgraded Palo Alto Networks from a “neutral” rating to a “buy” rating and set a $215.00 price objective on the stock in a report on Tuesday, August 19th. Stephens restated an “equal weight” rating and issued a $205.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. JMP Securities reiterated a “market outperform” rating and set a $212.00 target price on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, Guggenheim raised their target price on Palo Alto Networks from $130.00 to $135.00 and gave the company a “sell” rating in a report on Tuesday, August 19th. Twenty-eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $211.68.

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.