RBF Capital LLC purchased a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 5,000 shares of the network technology company’s stock, valued at approximately $802,000.
A number of other large investors also recently bought and sold shares of PANW. GSG Advisors LLC grew its stake in shares of Palo Alto Networks by 0.4% during the 1st quarter. GSG Advisors LLC now owns 12,536 shares of the network technology company’s stock worth $2,010,000 after purchasing an additional 51 shares during the period. Outfitters Financial LLC lifted its stake in shares of Palo Alto Networks by 1.7% in the 4th quarter. Outfitters Financial LLC now owns 3,265 shares of the network technology company’s stock valued at $601,000 after purchasing an additional 55 shares during the period. Ancora Advisors LLC boosted its holdings in Palo Alto Networks by 2.4% during the third quarter. Ancora Advisors LLC now owns 2,312 shares of the network technology company’s stock worth $471,000 after buying an additional 55 shares in the last quarter. PGIM Custom Harvest LLC boosted its holdings in Palo Alto Networks by 1.4% during the third quarter. PGIM Custom Harvest LLC now owns 3,859 shares of the network technology company’s stock worth $786,000 after buying an additional 55 shares in the last quarter. Finally, CYBER HORNET ETFs LLC grew its position in Palo Alto Networks by 3.4% during the third quarter. CYBER HORNET ETFs LLC now owns 1,739 shares of the network technology company’s stock valued at $354,000 after buying an additional 57 shares during the period. 79.82% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Palo Alto Networks
In other news, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total value of $16,270,119.60. Following the sale, the executive vice president directly owned 235,983 shares of the company’s stock, valued at $61,037,002.95. The trade was a 21.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John P. Key sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.24, for a total value of $2,094,300.00. Following the sale, the director owned 12,500 shares of the company’s stock, valued at $3,490,500. The trade was a 37.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 101,239 shares of company stock valued at $27,174,360. 1.40% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on PANW
Palo Alto Networks Stock Down 1.5%
Shares of NASDAQ PANW opened at $314.15 on Thursday. The firm has a market cap of $256.03 billion, a price-to-earnings ratio of 257.50, a price-to-earnings-growth ratio of 11.84 and a beta of 0.91. The company’s 50-day simple moving average is $305.12 and its 200-day simple moving average is $220.50. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $368.80.
Palo Alto Networks (NASDAQ:PANW – Get Free Report) last released its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.06. The firm had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.37 EPS. 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. Equities analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current fiscal year.
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.
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