Insider Selling: Palo Alto Networks (NASDAQ:PANW) EVP Sells $1,447,800.00 in Stock

Palo Alto Networks, Inc. (NASDAQ:PANW) EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the sale, the executive vice president directly owned 145,250 shares in the company, valued at $42,058,590. This trade represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Dipak Golechha also recently made the following trade(s):

• On Wednesday, April 1st, Dipak Golechha sold 5,000 shares of Palo Alto Networks stock. The stock was sold at an average price of $160.42, for a total value of $802,100.00.

Palo Alto Networks Trading Up 3.8%

PANW opened at $304.20 on Friday. The firm has a 50 day simple moving average of $241.22 and a 200 day simple moving average of $196.11. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $306.24. The company has a market cap of $247.92 billion, a price-to-earnings ratio of 249.34, a price-to-earnings-growth ratio of 10.88 and a beta of 0.94. 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 (NASDAQ:PANW) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the prior year, the firm posted $0.37 earnings per share. The company’s quarterly revenue was up 31.1% on a year-over-year basis. 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, sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Institutional Trading of Palo Alto Networks

Institutional investors and hedge funds have recently bought and sold shares of the business. Hamilton Wealth LLC raised its holdings in Palo Alto Networks by 57.7% in the 1st quarter. Hamilton Wealth LLC now owns 37,869 shares of the network technology company’s stock valued at $6,071,000 after acquiring an additional 13,863 shares in the last quarter. Basecamp Wealth Advisors LLC increased its position in shares of Palo Alto Networks by 19.0% in the first quarter. Basecamp Wealth Advisors LLC now owns 4,050 shares of the network technology company’s stock worth $649,000 after purchasing an additional 648 shares during the period. Lombard Odier Asset Management Europe Ltd increased its position in shares of Palo Alto Networks by 5.6% in the first quarter. Lombard Odier Asset Management Europe Ltd now owns 76,315 shares of the network technology company’s stock worth $12,235,000 after purchasing an additional 4,024 shares during the period. Rathbones Group PLC raised its stake in Palo Alto Networks by 9.9% in the first quarter. Rathbones Group PLC now owns 942,520 shares of the network technology company’s stock valued at $151,105,000 after purchasing an additional 84,915 shares in the last quarter. Finally, First Nebraska Trust Co acquired a new position in Palo Alto Networks in the first quarter valued at about $534,000. Institutional investors own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on PANW shares. BTIG Research increased their target price on Palo Alto Networks from $268.00 to $333.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Arete Research upgraded Palo Alto Networks from a “sell” rating to a “buy” rating and set a $185.00 price target on the stock in a report on Tuesday, March 3rd. TD Cowen reaffirmed a “buy” rating and set a $330.00 price objective (up from $255.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Susquehanna reiterated a “positive” rating and set a $350.00 price objective (up from $200.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, Oppenheimer boosted their target price on Palo Alto Networks from $275.00 to $350.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $306.59.

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.