Palo Alto Networks, Inc. $PANW Shares Sold by Flputnam Investment Management Co.

Flputnam Investment Management Co. decreased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 2.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 165,126 shares of the network technology company’s stock after selling 4,199 shares during the period. Flputnam Investment Management Co.’s holdings in Palo Alto Networks were worth $33,623,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Palo Alto Networks in the second quarter valued at $675,865,000. Kingstone Capital Partners Texas LLC bought a new stake in Palo Alto Networks in the second quarter worth about $633,068,000. Price T Rowe Associates Inc. MD lifted its holdings in Palo Alto Networks by 77.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company’s stock valued at $662,000,000 after acquiring an additional 1,688,432 shares during the last quarter. ABN AMRO Bank N.V. acquired a new stake in Palo Alto Networks in the 2nd quarter valued at about $340,883,000. Finally, Vanguard Group Inc. boosted its position in shares of Palo Alto Networks by 2.0% during the 2nd quarter. Vanguard Group Inc. now owns 64,016,374 shares of the network technology company’s stock valued at $13,100,311,000 after purchasing an additional 1,240,830 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Lee Klarich sold 120,774 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $191.91, for a total transaction of $23,177,738.34. Following the transaction, the executive vice president directly owned 327,645 shares in the company, valued at $62,878,351.95. The trade was a 26.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the completion of the transaction, the executive vice president directly owned 96,135 shares in the company, valued at $19,629,805.65. This trade represents a 4.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,228,330 shares of company stock valued at $251,702,305 in the last 90 days. Corporate insiders own 1.40% of the company’s stock.

Trending Headlines about Palo Alto Networks

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Major strategic deal — Palo Alto expanded its partnership with Google Cloud in a multibillion‑dollar agreement (reported as approaching $10B) that includes migrating key internal workloads and deepening cloud/AI security integration; this is being viewed as a material revenue and go‑to‑market catalyst. Google Cloud lands deal with Palo Alto Networks
• Positive Sentiment: Company release and partner messaging reinforce the Reuters report, highlighting expanded cloud + AI security offerings and joint go‑to‑market programs that could accelerate enterprise adoption. Palo Alto Networks and Google Cloud Forge Landmark Agreement
• Positive Sentiment: Analyst support increased — JPMorgan reinstated coverage with an Overweight rating and $235 PT, and other outlets noted a $250 price target lift, signaling renewed analyst conviction that could attract buyers. JPMorgan Reinstates Palo Alto Networks With Overweight Rating
• Positive Sentiment: Product momentum — Zacks highlights Cortex XSIAM landing larger deals and higher‑spend customers, implying a potential new growth engine that could lift ARR and margins over time. Can Cortex XSIAM Become Palo Alto Networks’ Next Major Growth Engine?
• Neutral Sentiment: Investor attention and monitoring — Zacks notes elevated user interest and recent earnings was modestly followed by a small stock move; this keeps PANW on watch lists but doesn’t by itself change fundamentals. Palo Alto Networks, Inc. is Attracting Investor Attention
• Neutral Sentiment: Short‑term earnings context — a Zacks note observed the stock is only slightly up since the last earnings release, suggesting the market is parsing guidance and execution details rather than reacting strongly yet. Palo Alto (PANW) Up 0.4% Since Last Earnings Report
• Negative Sentiment: Insider selling — recent reports show insiders sold roughly $5M in PANW stock, which some investors interpret as a cautionary signal about near‑term insider confidence. Insiders At Palo Alto Networks Sold US$5.0m In Stock

Palo Alto Networks Stock Up 0.5%

Shares of Palo Alto Networks stock opened at $186.88 on Friday. The stock has a market cap of $130.26 billion, a PE ratio of 118.28, a price-to-earnings-growth ratio of 4.42 and a beta of 0.79. The business has a fifty day simple moving average of $201.95 and a 200-day simple moving average of $197.32. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Thursday, November 20th. The network technology company reported $0.93 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. Palo Alto Networks had a return on equity of 17.05% and a net margin of 11.69%.The firm had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.46 billion. During the same period last year, the company posted $1.56 EPS. The business’s quarterly revenue was up 15.7% compared to the same quarter last year. Analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on PANW. Weiss Ratings reissued a “hold (c)” rating on shares of Palo Alto Networks in a research note on Monday, December 15th. Sanford C. Bernstein increased their price objective on Palo Alto Networks from $207.00 to $210.00 and gave the company an “outperform” rating in a research report on Thursday, November 20th. New Street Research raised their price objective on Palo Alto Networks from $235.00 to $240.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. TD Cowen boosted their target price on Palo Alto Networks from $230.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Finally, JMP Securities upped their target price on Palo Alto Networks from $212.00 to $250.00 and gave the company a “market outperform” rating in a report on Monday, October 27th. Thirty-one investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $226.20.

Palo Alto Networks 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.