Palo Alto Networks, Inc. $PANW Shares Sold by Sustainable Insight Capital Management LLC

Sustainable Insight Capital Management LLC decreased its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 41.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 68,453 shares of the network technology company’s stock after selling 49,200 shares during the quarter. Palo Alto Networks makes up 3.7% of Sustainable Insight Capital Management LLC’s holdings, making the stock its 9th largest position. Sustainable Insight Capital Management LLC’s holdings in Palo Alto Networks were worth $10,974,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Empirical Finance LLC boosted its position in Palo Alto Networks by 1.0% in the 1st quarter. Empirical Finance LLC now owns 9,986 shares of the network technology company’s stock worth $1,601,000 after purchasing an additional 100 shares in the last quarter. Bridgewater Advisors Inc. grew its stake in shares of Palo Alto Networks by 10.8% during the 1st quarter. Bridgewater Advisors Inc. now owns 2,914 shares of the network technology company’s stock worth $467,000 after purchasing an additional 283 shares during the period. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Palo Alto Networks by 35.6% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 326,158 shares of the network technology company’s stock valued at $52,290,000 after purchasing an additional 85,670 shares in the last quarter. Dai ichi Life Insurance Company Ltd increased its holdings in shares of Palo Alto Networks by 20.7% during the 1st quarter. Dai ichi Life Insurance Company Ltd now owns 45,711 shares of the network technology company’s stock valued at $7,328,000 after purchasing an additional 7,843 shares in the last quarter. Finally, Bollard Group LLC acquired a new position in shares of Palo Alto Networks in the 1st quarter valued at $78,000. 79.82% of the stock is owned by institutional investors and hedge funds.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $323.79 on Friday. The firm has a market cap of $263.89 billion, a PE ratio of 265.40, a PEG ratio of 12.09 and a beta of 0.91. The firm has a fifty day moving average of $300.79 and a 200 day moving average of $217.58. 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, Inc. has a one year low of $139.57 and a one year high of $368.80.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same period last year, the firm posted $0.37 earnings per share. The company’s 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. As a group, research analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.

Insider Activity

In related news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value 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 trade represents a 3.33% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the sale, the executive vice president owned 235,983 shares in the company, valued at approximately $61,037,002.95. The trade was a 21.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 101,239 shares of company stock worth $27,174,360. Company insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Guggenheim downgraded shares of Palo Alto Networks from a “neutral” rating to a “reduce” rating in a report on Wednesday, May 27th. Weiss Ratings cut shares of Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 4th. 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 research report on Wednesday, June 3rd. Argus set a $425.00 target price on shares of Palo Alto Networks in a research note on Tuesday. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Palo Alto Networks from $220.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $331.48.

Palo Alto Networks Company Profile

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.