Palo Alto Networks, Inc. $PANW Shares Sold by CreativeOne Wealth LLC

CreativeOne Wealth LLC trimmed its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 15.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,104 shares of the network technology company’s stock after selling 4,244 shares during the period. CreativeOne Wealth LLC’s holdings in Palo Alto Networks were worth $4,704,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC increased its stake in Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after purchasing an additional 4,031 shares in the last quarter. Bison Wealth LLC boosted its position in Palo Alto Networks by 169.1% during the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock worth $948,000 after purchasing an additional 3,275 shares in the last quarter. Sivia Capital Partners LLC boosted its position in Palo Alto Networks by 66.3% during the second quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock worth $713,000 after purchasing an additional 1,389 shares in the last quarter. Texas Yale Capital Corp. acquired a new stake in Palo Alto Networks in the second quarter valued at $214,000. Finally, Bryn Mawr Trust Advisors LLC grew its holdings in Palo Alto Networks by 67.9% in the second quarter. Bryn Mawr Trust Advisors LLC now owns 2,723 shares of the network technology company’s stock valued at $557,000 after purchasing an additional 1,101 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $188.18, for a total value of $940,900.00. Following the transaction, the executive vice president owned 155,119 shares in the company, valued at $29,190,293.42. This trade represents a 3.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Lee Klarich sold 120,768 shares of the business’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $191.03, for a total transaction of $23,070,311.04. Following the sale, the executive vice president directly owned 298,887 shares of the company’s stock, valued at $57,096,383.61. This represents a 28.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 126,568 shares of company stock valued at $24,159,059. Insiders own 1.40% of the company’s stock.

Analyst Ratings Changes

PANW has been the subject of several research reports. BMO Capital Markets cut their price target on Palo Alto Networks from $230.00 to $200.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Jefferies Financial Group reissued a “buy” rating on shares of Palo Alto Networks in a research note on Wednesday, February 4th. BTIG Research restated a “buy” rating and set a $200.00 target price on shares of Palo Alto Networks in a report on Wednesday, February 18th. Cantor Fitzgerald restated an “overweight” rating on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Finally, Wells Fargo & Company began coverage on shares of Palo Alto Networks in a report on Tuesday, March 3rd. They issued an “overweight” rating and a $200.00 price target on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, Palo Alto Networks currently has a consensus rating of “Moderate Buy” and an average target price of $210.19.

Palo Alto Networks Trading Up 1.2%

Shares of NASDAQ:PANW opened at $165.05 on Monday. The firm has a market cap of $134.68 billion, a price-to-earnings ratio of 91.19, a PEG ratio of 5.96 and a beta of 0.78. The stock’s 50-day moving average price is $171.66 and its two-hundred day moving average price is $190.19. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Tuesday, February 17th. The network technology company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. The company had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.58 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The company’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.81 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. As a group, research analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

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.