Avalon Global Asset Management LLC Has $24.80 Million Holdings in Palo Alto Networks, Inc. $PANW

Avalon Global Asset Management LLC lowered its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 18.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 134,640 shares of the network technology company’s stock after selling 30,000 shares during the period. Palo Alto Networks makes up about 4.0% of Avalon Global Asset Management LLC’s holdings, making the stock its 7th biggest position. Avalon Global Asset Management LLC’s holdings in Palo Alto Networks were worth $24,801,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Aviva PLC boosted its position in shares of Palo Alto Networks by 5.4% during the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after buying an additional 29,230 shares during the last quarter. Westfield Capital Management Co. LP bought a new stake in Palo Alto Networks during the third quarter worth $75,412,000. Peapack Gladstone Financial Corp lifted its holdings in Palo Alto Networks by 8.8% during the fourth quarter. Peapack Gladstone Financial Corp now owns 48,458 shares of the network technology company’s stock worth $8,926,000 after acquiring an additional 3,926 shares during the period. American Century Companies Inc. lifted its holdings in Palo Alto Networks by 134.1% during the third quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock worth $136,859,000 after acquiring an additional 384,985 shares during the period. Finally, US Bancorp DE lifted its holdings in Palo Alto Networks by 0.6% during the third quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock worth $277,828,000 after acquiring an additional 8,344 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on PANW. DA Davidson lifted their price target on Palo Alto Networks from $190.00 to $345.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Guggenheim lowered Palo Alto Networks from a “neutral” rating to a “reduce” rating in a report on Wednesday, May 27th. Citizens Jmp reiterated a “market outperform” rating and set a $250.00 price target on shares of Palo Alto Networks in a report on Wednesday, February 18th. HSBC lifted their price target on Palo Alto Networks from $114.00 to $207.00 in a report on Thursday, June 4th. Finally, FBN Securities reiterated an “outperform” rating and set a $330.00 price target on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $306.59.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total value of $802,100.00. Following the sale, the executive vice president directly owned 150,250 shares in the company, valued at $24,103,105. The trade was a 3.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Josh D. Paul sold 1,100 shares of the business’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $285.08, for a total value of $313,588.00. Following the completion of the sale, the chief accounting officer owned 81,636 shares in the company, valued at approximately $23,272,790.88. The trade was a 1.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 81,044 shares of company stock valued at $20,424,722. 1.40% of the stock is currently owned by insiders.

Palo Alto Networks Stock Performance

Shares of PANW opened at $284.54 on Tuesday. The firm has a market cap of $231.90 billion, a PE ratio of 233.23, a PEG ratio of 10.38 and a beta of 0.94. The stock’s fifty day moving average price is $218.86 and its two-hundred day moving average price is $189.95. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $302.95.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.06. The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business’s revenue was up 31.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.37 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. On average, equities research analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

About Palo Alto Networks

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.