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

Calamos Advisors LLC decreased its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 99.8% during the second quarter, HoldingsChannel reports. The firm owned 269,182 shares of the network technology company’s stock after selling 109,968,479 shares during the quarter. Calamos Advisors LLC’s holdings in Palo Alto Networks were worth $55,085,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in PANW. Whipplewood Advisors LLC increased its position in shares of Palo Alto Networks by 6,400.0% in 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 purchased a new stake in Palo Alto Networks during the 2nd quarter valued at about $28,000. Dagco Inc. acquired a new position in shares of Palo Alto Networks in the first quarter valued at about $33,000. WPG Advisers LLC acquired a new position in shares of Palo Alto Networks in the first quarter valued at about $37,000. Finally, Strategic Investment Solutions Inc. IL raised its stake in shares of Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after purchasing an additional 83 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on PANW. BMO Capital Markets upped their target price on Palo Alto Networks from $217.00 to $225.00 and gave the company an “outperform” rating in a research report on Tuesday, August 19th. New Street Research upped their price objective on shares of Palo Alto Networks from $235.00 to $240.00 and gave the company a “buy” rating in a report on Friday, September 12th. Stephens reissued an “equal weight” rating and set a $205.00 target price on shares of Palo Alto Networks in a report on Tuesday, August 19th. Royal Bank Of Canada boosted their target price on shares of Palo Alto Networks from $232.00 to $250.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, BTIG Research raised shares of Palo Alto Networks from a “neutral” rating to a “buy” rating in a report on Monday, October 13th. Thirty investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued 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 price target of $219.50.

Palo Alto Networks Stock Performance

PANW stock opened at $210.04 on Thursday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61. The firm’s fifty day moving average is $208.61 and its 200 day moving average is $196.84. The firm has a market cap of $143.66 billion, a PE ratio of 130.87, a P/E/G ratio of 5.19 and a beta of 0.95.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results 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 business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. During the same period in the prior year, the company posted $0.75 EPS. The company’s revenue for the quarter was up 15.8% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Research analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $217.94, for a total value of $26,321,485.56. Following the sale, the executive vice president owned 356,409 shares of the company’s stock, valued at approximately $77,675,777.46. This trade represents a 25.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $219.97, for a total transaction of $153,979.00. Following the transaction, the chief accounting officer owned 47,505 shares of the company’s stock, valued at $10,449,674.85. This represents a 1.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,215,830 shares of company stock valued at $249,160,428 in the last three months. 2.50% of the stock is currently owned by company 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.