Josh Paul Sells 1,100 Shares of Palo Alto Networks (NASDAQ:PANW) Stock

Palo Alto Networks, Inc. (NASDAQ:PANW) CAO Josh Paul sold 1,100 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $285.08, for a total transaction of $313,588.00. Following the completion of the transaction, the chief accounting officer owned 81,636 shares in the company, valued at approximately $23,272,790.88. The trade was a 1.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Palo Alto Networks Trading Down 5.6%

NASDAQ PANW opened at $280.43 on Thursday. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $302.95. The company’s 50-day moving average price is $200.21 and its 200-day moving average price is $185.46. The stock has a market cap of $228.83 billion, a PE ratio of 229.86, a PEG ratio of 10.71 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.05. Palo Alto Networks had a net margin of 7.95% and a return on equity of 16.34%. The company had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same period in the prior year, the business earned $0.37 EPS. The firm’s quarterly revenue was up 31.1% on a year-over-year basis. 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, sell-side analysts forecast that Palo Alto Networks, Inc. will post 2.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on PANW shares. BMO Capital Markets increased their target price on shares of Palo Alto Networks from $270.00 to $335.00 and gave the stock an “outperform” rating in a report on Wednesday. FBN Securities reiterated an “outperform” rating and set a $330.00 target price on shares of Palo Alto Networks in a report on Wednesday. Stifel Nicolaus set a $340.00 target price on shares of Palo Alto Networks in a report on Wednesday. The Goldman Sachs Group reiterated a “buy” rating and set a $330.00 target price on shares of Palo Alto Networks in a report on Wednesday. Finally, Oppenheimer increased their target price on shares of Palo Alto Networks from $275.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $304.22.

Key Palo Alto Networks News

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

• Positive Sentiment: Palo Alto Networks reported fiscal Q3 earnings and revenue above expectations, with EPS of $0.85 versus $0.79-$0.81 estimated and revenue of $3.0 billion versus $2.94 billion expected, while sales rose 31.1% year over year. Article Title
• Positive Sentiment: The company raised FY2026 and Q4 guidance well above Wall Street estimates, signaling stronger demand and improving profitability outlooks. Article Title
• Positive Sentiment: CEO Nikesh Arora said AI-related security concerns are driving a surge in customer engagement and meeting requests, reinforcing the long-term growth narrative for PANW. Article Title
• Positive Sentiment: Citigroup, Wedbush, BNP Paribas Exane, Stifel, Berenberg, Truist, Morgan Stanley, Deutsche Bank, RBC, Oppenheimer, and others raised price targets, with several also reiterating buy or outperform ratings, adding momentum to the stock. Article Title
• Neutral Sentiment: One insider filing showed CAO Josh D. Paul sold 1,100 shares, which is minor versus the company’s overall market value but may slightly weigh on sentiment. Article Title
• Negative Sentiment: Despite the earnings beat, some coverage noted the stock slipped intraday as investors focused on acquisition-driven growth and broader market pressure rather than the strong fundamentals. Article Title

Institutional Trading of Palo Alto Networks

A number of institutional investors have recently modified their holdings of PANW. Darwin Wealth Management LLC bought a new stake in shares of Palo Alto Networks in the 2nd quarter valued at about $25,000. Steph & Co. boosted its holdings in shares of Palo Alto Networks by 88.2% in the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after buying an additional 67 shares in the last quarter. Knuff & Co LLC bought a new stake in shares of Palo Alto Networks in the 4th quarter valued at about $26,000. Sittner & Nelson LLC boosted its holdings in shares of Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after buying an additional 62 shares in the last quarter. Finally, Luken Investment Analytics LLC raised its position in shares of Palo Alto Networks by 196.2% in the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after purchasing an additional 102 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors.

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.