Avalon Trust Co Sells 3,116 Shares of Palo Alto Networks, Inc. $PANW

Avalon Trust Co trimmed its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 4.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,977 shares of the network technology company’s stock after selling 3,116 shares during the quarter. Palo Alto Networks accounts for 1.0% of Avalon Trust Co’s holdings, making the stock its 28th largest holding. Avalon Trust Co’s holdings in Palo Alto Networks were worth $13,911,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. St. Clair Advisors LLC grew its position in shares of Palo Alto Networks by 0.3% in the 2nd quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock worth $3,233,000 after buying an additional 50 shares during the last quarter. Astoria Portfolio Advisors LLC. raised its stake in shares of Palo Alto Networks by 2.1% during the 2nd quarter. Astoria Portfolio Advisors LLC. now owns 2,467 shares of the network technology company’s stock valued at $496,000 after buying an additional 50 shares during the last quarter. Csenge Advisory Group boosted its position in Palo Alto Networks by 2.4% in the 1st quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock worth $381,000 after purchasing an additional 53 shares in the last quarter. TFG Advisers LLC increased its holdings in Palo Alto Networks by 1.1% in the second quarter. TFG Advisers LLC now owns 4,668 shares of the network technology company’s stock valued at $955,000 after buying an additional 53 shares in the last quarter. Finally, GSG Advisors LLC grew its holdings in Palo Alto Networks by 0.4% in the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock valued at $2,154,000 after purchasing an additional 54 shares during the period. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have commented on PANW. KeyCorp lowered Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 31st. JMP Securities increased their target price on shares of Palo Alto Networks from $212.00 to $250.00 and gave the stock a “market outperform” rating in a research note on Monday, October 27th. Bank of America increased their target price on Palo Alto Networks from $215.00 to $240.00 and gave the stock a “buy” rating in a research note on Monday, October 20th. Westpark Capital reissued a “hold” rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, Wedbush reaffirmed an “outperform” rating and set a $225.00 price target on shares of Palo Alto Networks in a report on Monday, September 15th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $219.50.

Palo Alto Networks Stock Down 3.8%

Shares of NASDAQ:PANW opened at $210.04 on Thursday. The firm’s 50-day simple moving average is $208.61 and its 200-day simple moving average is $196.84. The company has a market cap of $143.66 billion, a price-to-earnings ratio of 130.87, a PEG ratio of 5.19 and a beta of 0.95. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $223.61.

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

Insider Transactions at Palo Alto Networks

In related news, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the sale, the chief executive officer owned 275,013 shares of the company’s stock, valued at $56,119,152.78. This trade represents a 75.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $219.97, for a total transaction of $153,979.00. Following the sale, the chief accounting officer owned 47,505 shares of the company’s stock, valued at approximately $10,449,674.85. This trade represents a 1.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 1,215,830 shares of company stock worth $249,160,428. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks 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.