Wealth Enhancement Trust Services Inc. decreased its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 55.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 7,095 shares of the network technology company’s stock after selling 8,773 shares during the quarter. Wealth Enhancement Trust Services Inc.’s holdings in Palo Alto Networks were worth $2,819,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Solstein Capital LLC acquired a new stake in shares of Palo Alto Networks during the second quarter worth approximately $26,000. N.E.W. Advisory Services LLC acquired a new stake in Palo Alto Networks in the second quarter valued at $27,000. Delos Wealth Advisors LLC bought a new position in Palo Alto Networks during the 2nd quarter valued at $28,000. Principia Wealth Advisory LLC boosted its stake in Palo Alto Networks by 125.0% during the 2nd quarter. Principia Wealth Advisory LLC now owns 81 shares of the network technology company’s stock valued at $28,000 after acquiring an additional 45 shares during the last quarter. Finally, Private Wealth Management Group LLC grew its holdings in Palo Alto Networks by 148.1% during the 1st quarter. Private Wealth Management Group LLC now owns 201 shares of the network technology company’s stock worth $32,000 after acquiring an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.
Insiders Place Their Bets
In related news, Director James J. Goetz sold 20,000 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $376.68, for a total value of $7,533,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Aparna Bawa sold 260 shares of the firm’s stock in a transaction on Thursday, September 24th. The shares were sold at an average price of $392.69, for a total value of $102,099.40. Following the transaction, the director directly owned 4,677 shares in the company, valued at $1,836,611.13. This trade represents a 5.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 53,960 shares of company stock worth $20,719,959. 1.40% of the stock is owned by company insiders.
Palo Alto Networks Stock Performance
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last posted its earnings results on Tuesday, September 1st. The network technology company reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.04. Palo Alto Networks had a return on equity of 8.50% and a net margin of 2.67%.The company had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same period last year, the business posted $0.95 earnings per share. The firm’s quarterly revenue was up 34.5% compared to the same quarter last year. 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 forecast that Palo Alto Networks, Inc. will post 2.31 EPS for the current fiscal year.
Key Palo Alto Networks News
Here are the key news stories impacting Palo Alto Networks this week:
- Positive Sentiment: AI and cybersecurity momentum: PANW benefited from a broad rally in cybersecurity stocks after Zscaler reaffirmed its fiscal 2027 earnings outlook. Investor interest is also increasing in security tools designed to protect AI agents, following CrowdStrike’s accelerator with Amazon Web Services and NVIDIA. Palo Alto Networks Stock Reaches New Highs: What’s Happening?
- Positive Sentiment: Strong operating results and outlook: The company’s latest quarterly revenue increased 34.5% year over year to $3.41 billion, exceeding estimates, while earnings of $1.02 per share also topped expectations. Management’s fiscal 2027 EPS guidance of $4.16–$4.19 reinforces expectations for continued growth.
- Positive Sentiment: Favorable analyst positioning: Sell-side firms broadly maintain a constructive view, with 38 analysts issuing Buy ratings and 12 assigning Hold ratings. The overall consensus is “Moderate Buy,” although the average price target of $391.32 is below recent trading levels. Palo Alto Networks Rated Moderate Buy
- Neutral Sentiment: Long-term performance remains a selling point: A $1,000 investment held for ten years substantially outperformed the S&P 500, highlighting PANW’s successful expansion from firewall products into a broader cloud, endpoint and AI-security platform. However, past performance does not eliminate valuation risk. A $1,000 Bet on Palo Alto Networks Beat the S&P 500
- Negative Sentiment: Very elevated valuation: PANW’s market capitalization is approximately $332 billion, while its reported P/E ratio is near 800. The stock’s rally has pushed it above the consensus price target, increasing the risk of consolidation or profit-taking if growth expectations moderate.
- Negative Sentiment: Insider sale: Chief Accounting Officer Josh Paul sold 400 shares worth approximately $158,280. The transaction reduced his holdings by only 0.51%, so it is a limited signal, but it may add to short-term selling pressure. Palo Alto Networks Insider Selling
Analyst Ratings Changes
PANW has been the topic of several research reports. Wells Fargo & Company restated an “overweight” rating and set a $475.00 price objective (up from $420.00) on shares of Palo Alto Networks in a research note on Monday, August 17th. Royal Bank Of Canada raised their price objective on Palo Alto Networks from $434.00 to $475.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 2nd. Scotiabank lowered shares of Palo Alto Networks from a “sector outperform” rating to a “hold” rating in a research note on Wednesday, September 2nd. DA Davidson increased their target price on shares of Palo Alto Networks from $345.00 to $420.00 and gave the stock a “buy” rating in a report on Wednesday, September 2nd. Finally, Argus restated a “buy” rating and issued a $425.00 price target on shares of Palo Alto Networks in a research report on Thursday, September 3rd. Thirty-eight investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $391.32.
Get Our Latest Stock Report on Palo Alto Networks
About Palo Alto Networks
Palo Alto Networks, Inc is a cybersecurity company that provides solutions designed to help organizations protect networks, endpoints, cloud environments, applications and users from cyber threats. Its offerings include next-generation firewalls, cloud-delivered security services, secure access service edge (SASE) solutions, endpoint protection and security operations tools.
The company also provides platforms and services for cloud security, threat intelligence, incident response, vulnerability management and the automation of security operations.
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