Washburn Capital Management Inc. Sells 540 Shares of Palo Alto Networks, Inc. $PANW

Washburn Capital Management Inc. lessened its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,910 shares of the network technology company’s stock after selling 540 shares during the quarter. Palo Alto Networks comprises 1.0% of Washburn Capital Management Inc.’s holdings, making the stock its 15th biggest position. Washburn Capital Management Inc.’s holdings in Palo Alto Networks were worth $2,028,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Whipplewood Advisors LLC raised its stake in shares of 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 worth $27,000 after acquiring an additional 128 shares in the last quarter. Briaud Financial Planning Inc purchased a new stake in shares of Palo Alto Networks in the 2nd quarter valued at $28,000. Dagco Inc. purchased a new stake in shares of Palo Alto Networks in the 1st quarter valued at $33,000. WPG Advisers LLC purchased a new stake in shares of Palo Alto Networks in the 1st quarter valued at $37,000. Finally, Strategic Investment Solutions Inc. IL boosted its holdings in shares of Palo Alto Networks by 58.9% in 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 last quarter. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Trading Down 0.5%

Palo Alto Networks stock opened at $219.23 on Tuesday. Palo Alto Networks, Inc. has a 12-month low of $144.15 and a 12-month high of $223.61. The stock has a market cap of $146.64 billion, a P/E ratio of 136.59, a PEG ratio of 5.24 and a beta of 0.95. The company has a 50-day moving average price of $205.20 and a 200 day moving average price of $194.84.

Palo Alto Networks (NASDAQ:PANW) last released 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 net margin of 12.30% and a return on equity of 17.66%. The firm had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.50 billion. During the same period last year, the business earned $0.75 earnings per share. Palo Alto Networks’s revenue 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. As a group, analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Activity

In related news, EVP Lee Klarich sold 120,774 shares of the firm’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the completion of the sale, the executive vice president directly owned 149,190 shares in the company, valued at approximately $31,616,344.80. This trade represents a 44.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the executive vice president directly 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,094,356 shares of company stock valued at $222,684,964 in the last ninety days. 2.50% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Westpark Capital reissued a “hold” rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. JMP Securities increased their price target on shares of Palo Alto Networks from $212.00 to $250.00 and gave the stock a “market outperform” rating in a report on Monday, October 27th. DA Davidson reissued a “buy” rating and set a $215.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. Sanford C. Bernstein set a $207.00 price target on shares of Palo Alto Networks and gave the stock an “outperform” rating in a report on Tuesday, August 19th. Finally, Wedbush reissued an “outperform” rating and set a $225.00 price target on shares of Palo Alto Networks in a report on Monday, September 15th. Thirty research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average price target of $218.17.

Palo Alto Networks 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.