Secure Asset Management LLC Sells 2,398 Shares of Palo Alto Networks, Inc. $PANW

Secure Asset Management LLC cut its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 23.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,966 shares of the network technology company’s stock after selling 2,398 shares during the period. Secure Asset Management LLC’s holdings in Palo Alto Networks were worth $2,717,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Solstein Capital LLC acquired a new position in shares of Palo Alto Networks during the 2nd quarter worth about $26,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Palo Alto Networks in the 2nd quarter valued at approximately $27,000. Delos Wealth Advisors LLC bought a new position in Palo Alto Networks during the 2nd quarter worth approximately $28,000. Comprehensive Financial Planning Inc. PA acquired a new position in Palo Alto Networks during the second quarter valued at approximately $36,000. Finally, Kilter Group LLC acquired a new position in Palo Alto Networks during the second quarter valued at approximately $39,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insiders Place Their Bets

In other news, Director James J. Goetz sold 20,000 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the completion of the transaction, the director owned 20,000 shares in the company, valued at $5,598,000. This trade represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Helle Thorning-Schmidt sold 700 shares of the company’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $346.85, for a total value of $242,795.00. Following the sale, the director owned 5,898 shares in the company, valued at $2,045,721.30. The trade was a 10.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 37,735 shares of company stock valued at $10,814,266 in the last quarter. Company insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Tigress Financial increased their target price on shares of Palo Alto Networks from $245.00 to $430.00 and gave the stock a “buy” rating in a report on Wednesday, July 15th. Morgan Stanley set a $400.00 price objective on shares of Palo Alto Networks in a research report on Monday, August 17th. Arete Research raised their price objective on Palo Alto Networks from $185.00 to $433.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. Piper Sandler reiterated an “overweight” rating and set a $345.00 target price (up from $265.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, Citigroup reissued a “market outperform” rating on shares of Palo Alto Networks in a research note on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $370.87.

Palo Alto Networks Stock Down 5.2%

NASDAQ:PANW opened at $362.09 on Wednesday. The stock has a 50-day simple moving average of $347.96 and a 200 day simple moving average of $251.94. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $398.88. The company has a market cap of $295.10 billion, a PE ratio of 296.80, a PEG ratio of 12.08 and a beta of 0.91. 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 released its quarterly earnings results on Tuesday, September 1st. The network technology company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.04. The firm had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.35 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 34.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.95 EPS. 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. On average, sell-side analysts expect that Palo Alto Networks, Inc. will post 2.01 EPS for the current fiscal year.

Palo Alto Networks News Roundup

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

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.