Palo Alto Networks, Inc. $PANW Stock Holdings Reduced by Harbor Advisors LLC

Harbor Advisors LLC reduced its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 20.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,000 shares of the network technology company’s stock after selling 2,500 shares during the period. Harbor Advisors LLC’s holdings in Palo Alto Networks were worth $1,603,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PANW. Cooper Financial Group grew its stake in shares of Palo Alto Networks by 1.3% in the 4th quarter. Cooper Financial Group now owns 4,227 shares of the network technology company’s stock valued at $779,000 after buying an additional 53 shares in the last quarter. Outfitters Financial LLC raised its position in Palo Alto Networks by 1.7% during the fourth quarter. Outfitters Financial LLC now owns 3,265 shares of the network technology company’s stock valued at $601,000 after acquiring an additional 55 shares in the last quarter. Ancora Advisors LLC raised its position in Palo Alto Networks by 2.4% during the third quarter. Ancora Advisors LLC now owns 2,312 shares of the network technology company’s stock valued at $471,000 after acquiring an additional 55 shares in the last quarter. PGIM Custom Harvest LLC lifted its stake in Palo Alto Networks by 1.4% in the third quarter. PGIM Custom Harvest LLC now owns 3,859 shares of the network technology company’s stock valued at $786,000 after acquiring an additional 55 shares during the last quarter. Finally, Signal Advisors Wealth LLC lifted its stake in Palo Alto Networks by 4.8% in the fourth quarter. Signal Advisors Wealth LLC now owns 1,233 shares of the network technology company’s stock valued at $227,000 after acquiring an additional 56 shares during the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the transaction, the executive vice president owned 235,983 shares in the company, valued at $61,037,002.95. This trade represents a 21.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the transaction, the executive vice president directly owned 145,250 shares of the company’s stock, valued at approximately $42,058,590. This represents a 3.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 101,239 shares of company stock worth $27,174,360 in the last ninety days. 1.40% of the stock is owned by insiders.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $358.68 on Monday. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $368.80. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The business’s 50 day moving average is $290.04 and its two-hundred day moving average is $212.48. The company has a market cap of $292.32 billion, a PE ratio of 294.00, a price-to-earnings-growth ratio of 13.32 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same quarter last year, the firm posted $0.37 earnings per share. The company’s quarterly revenue was up 31.1% compared to the same quarter last year. 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. Equities analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Analyst Upgrades and Downgrades

PANW has been the subject of several recent research reports. The Goldman Sachs Group reissued a “buy” rating and issued a $330.00 target price on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. TD Cowen restated a “buy” rating and set a $330.00 price target (up from $255.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Morgan Stanley lifted their price objective on shares of Palo Alto Networks from $253.00 to $320.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Mizuho upped their price objective on shares of Palo Alto Networks from $265.00 to $305.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Finally, 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 research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $327.74.

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.