Palo Alto Networks, Inc. $PANW Stock: True Freedom Investing LLC Lowers Holdings

True Freedom Investing LLC lessened its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 34.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,131 shares of the network technology company’s stock after selling 7,476 shares during the quarter. True Freedom Investing LLC’s holdings in Palo Alto Networks were worth $5,614,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PANW. 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 purchased a new position in Palo Alto Networks in the second quarter valued at approximately $27,000. Delos Wealth Advisors LLC purchased a new position in Palo Alto Networks in the second quarter valued at approximately $28,000. Principia Wealth Advisory LLC raised its holdings in Palo Alto Networks by 125.0% during the second quarter. Principia Wealth Advisory LLC now owns 81 shares of the network technology company’s stock worth $28,000 after purchasing an additional 45 shares in the last quarter. Finally, Frazier Financial Advisors LLC raised its holdings in Palo Alto Networks by 253.3% during the first quarter. Frazier Financial Advisors LLC now owns 212 shares of the network technology company’s stock worth $34,000 after purchasing an additional 152 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Palo Alto Networks Price Performance

PANW stock opened at $365.87 on Monday. The firm has a 50 day moving average of $372.15 and a 200-day moving average of $269.89. The company has a market cap of $299.56 billion, a price-to-earnings ratio of 717.41, a PEG ratio of 10.49 and a beta of 0.96. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.06. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $432.33.

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. Palo Alto Networks had a return on equity of 8.50% and a net margin of 2.67%. The business had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter in the prior year, the firm posted $0.95 EPS. The company’s 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. As a group, equities analysts expect that Palo Alto Networks, Inc. will post 2.32 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Aparna Bawa sold 250 shares of the stock in a transaction dated Friday, October 9th. The shares were sold at an average price of $412.28, for a total value of $103,070.00. Following the sale, the director directly owned 4,427 shares of the company’s stock, valued at approximately $1,825,163.56. This represents a 5.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Josh D. Paul sold 400 shares of the stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $395.70, for a total transaction of $158,280.00. Following the completion of the sale, the chief accounting officer directly owned 77,987 shares in the company, valued at approximately $30,859,455.90. The trade was a 0.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 54,210 shares of company stock valued at $20,823,029 in the last three months. 0.55% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on PANW shares. UBS Group restated a “neutral” rating and issued a $390.00 target price (up from $300.00) on shares of Palo Alto Networks in a report on Wednesday, August 19th. Wedbush initiated coverage on Palo Alto Networks in a report on Friday, September 11th. They issued an “outperform” rating and a $400.00 target price for the company. Phillip Securities lowered shares of Palo Alto Networks from a “moderate buy” rating to a “hold” rating and raised their target price for the stock from $320.00 to $346.00 in a research report on Monday, September 7th. Roth Capital restated a “neutral” rating and set a $300.00 price target (up from $210.00) on shares of Palo Alto Networks in a research note on Wednesday, September 2nd. Finally, Tigress Financial increased their price target on Palo Alto Networks from $245.00 to $430.00 and gave the stock a “buy” rating in a report on Wednesday, July 15th. Thirty-nine research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus price target of $398.55.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc (NASDAQ:PANW) is a global cybersecurity company that helps organizations protect networks, cloud environments, endpoints, and digital infrastructure. Its offerings are designed to prevent cyberattacks, identify security risks, monitor activity, and support incident response across enterprise, government, and service-provider environments.

The company’s portfolio includes network security products such as next-generation firewalls and security operations tools; Prisma, its cloud security platform; and Cortex, a suite focused on endpoint protection, threat detection, security analytics, and automated response.