Palo Alto Networks, Inc. $PANW Stake Lowered by AGF Management Ltd.

AGF Management Ltd. lowered its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 99.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,957 shares of the network technology company’s stock after selling 849,493 shares during the quarter. AGF Management Ltd.’s holdings in Palo Alto Networks were worth $1,219,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of PANW. Whipplewood Advisors LLC raised its position in shares of Palo Alto Networks by 6,400.0% during the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after purchasing an additional 128 shares during the period. Briaud Financial Planning Inc bought a new stake in shares of Palo Alto Networks in the second quarter valued at about $28,000. Dagco Inc. acquired a new position in Palo Alto Networks in the first quarter valued at about $33,000. WPG Advisers LLC acquired a new position in Palo Alto Networks during the first quarter valued at approximately $37,000. Finally, Strategic Investment Solutions Inc. IL grew its position in Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after acquiring an additional 83 shares during the last quarter. 79.82% of the stock is owned by institutional investors.

Palo Alto Networks Stock Performance

PANW stock opened at $218.27 on Wednesday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61. The company has a fifty day moving average of $208.24 and a 200-day moving average of $196.75. The stock has a market capitalization of $149.29 billion, a PE ratio of 135.99, a price-to-earnings-growth ratio of 5.15 and a beta of 0.95.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business’s revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.75 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Equities analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Bank of America raised their price objective on shares of Palo Alto Networks from $215.00 to $240.00 and gave the company a “buy” rating in a report on Monday, October 20th. Cantor Fitzgerald reiterated an “overweight” rating and set a $223.00 target price on shares of Palo Alto Networks in a research note on Friday, August 15th. New Street Research boosted their price objective on Palo Alto Networks from $235.00 to $240.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Weiss Ratings restated a “hold (c+)” rating on shares of Palo Alto Networks in a research report on Wednesday, October 8th. Finally, Oppenheimer raised their price objective on Palo Alto Networks from $225.00 to $245.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Thirty analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $218.67.

Insider Activity

In other Palo Alto Networks news, CEO Nikesh Arora sold 846,408 shares of Palo Alto Networks stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the transaction, the chief executive officer owned 275,013 shares in the company, valued at $56,119,152.78. This trade represents a 75.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $219.97, for a total value of $153,979.00. Following the completion of the transaction, the chief accounting officer directly owned 47,505 shares in the company, valued at $10,449,674.85. This represents a 1.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,215,830 shares of company stock valued at $249,160,428 over the last quarter. Insiders own 2.50% of the company’s stock.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.