Coastal Bridge Advisors LLC Has $21.80 Million Position in Palo Alto Networks, Inc. $PANW

Coastal Bridge Advisors LLC lowered its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,911 shares of the network technology company’s stock after selling 2,431 shares during the quarter. Palo Alto Networks makes up approximately 1.3% of Coastal Bridge Advisors LLC’s holdings, making the stock its 16th biggest position. Coastal Bridge Advisors LLC’s holdings in Palo Alto Networks were worth $21,795,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the business. Trilogy Capital Inc. boosted its holdings in Palo Alto Networks by 1.8% in the second quarter. Trilogy Capital Inc. now owns 2,127 shares of the network technology company’s stock worth $725,000 after purchasing an additional 37 shares in the last quarter. Wisconsin Wealth Advisors LLC lifted its position in shares of Palo Alto Networks by 1.2% in the second quarter. Wisconsin Wealth Advisors LLC now owns 3,206 shares of the network technology company’s stock worth $1,093,000 after buying an additional 38 shares during the last quarter. Orrstown Financial Services Inc. lifted its position in shares of Palo Alto Networks by 1.2% in the second quarter. Orrstown Financial Services Inc. now owns 3,197 shares of the network technology company’s stock worth $1,090,000 after buying an additional 38 shares during the last quarter. GSG Advisors LLC boosted 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 acquiring an additional 51 shares in the last quarter. Finally, Arlington Trust Co LLC increased its holdings in shares of Palo Alto Networks by 8.5% during the 2nd quarter. Arlington Trust Co LLC now owns 703 shares of the network technology company’s stock valued at $240,000 after acquiring an additional 55 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Activity

In related news, Director James J. Goetz sold 20,000 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the transaction, the director directly owned 20,000 shares in the company, valued at $5,598,000. This represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the completion of the sale, the executive vice president directly owned 145,250 shares of the company’s stock, valued at approximately $42,058,590. This trade represents a 3.33% 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 38,835 shares of company stock worth $11,127,854. Corporate insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on PANW shares. Robert W. Baird set a $320.00 price objective on Palo Alto Networks in a research note on Wednesday, June 3rd. Guggenheim downgraded Palo Alto Networks from a “neutral” rating to a “reduce” rating in a report on Wednesday, May 27th. Evercore reissued an “outperform” rating and issued a $415.00 price target on shares of Palo Alto Networks in a research report on Wednesday, July 8th. Scotiabank restated a “sector outperform” rating and issued a $320.00 price objective (up from $180.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, Cantor Fitzgerald upped their price objective on shares of Palo Alto Networks from $340.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $365.87.

Key Stories Impacting Palo Alto Networks

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

• Positive Sentiment: JPMorgan raised its price target for Palo Alto Networks to $384, modestly above the current trading level, while maintaining its view of the cybersecurity company. JPMorgan Chase & Co. Increases Palo Alto Networks Price Target
• Positive Sentiment: Analyst coverage remains broadly constructive: BTIG reaffirmed a “Buy” rating, and other Wall Street commentary continues to characterize PANW as a buy and a cybersecurity stock worth researching. Wall Street Analysts See Palo Alto as a Buy Benchmark Analyst Expects Palo Alto Stock to Rise
• Neutral Sentiment: Investors are focused on estimates for PANW’s fiscal fourth quarter ended July 2026, including key operating metrics beyond revenue and earnings. The upcoming results could become the next major catalyst. Palo Alto Q4 Performance Estimates
• Neutral Sentiment: Broader markets may remain sensitive to next week’s U.S. jobs report and its implications for Federal Reserve policy, which could influence high-growth technology valuations. The Week Ahead: August Jobs Report Takes Center Stage
• Negative Sentiment: Chief Accounting Officer Josh D. Paul sold 900 shares for approximately $318,000. The sale reduced his holdings by 1.21%, a relatively small transaction but a potential short-term sentiment headwind. SEC Insider Transaction Filing
• Negative Sentiment: BTIG’s $380 price target is slightly below PANW’s current level despite its Buy rating, while the stock’s very high earnings multiple leaves it vulnerable to disappointment if growth or guidance slows. BTIG Reiterates Buy Rating on Palo Alto Networks

Palo Alto Networks Stock Performance

PANW opened at $382.85 on Friday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The stock’s 50 day moving average price is $342.95 and its two-hundred day moving average price is $247.58. The firm has a market capitalization of $312.02 billion, a P/E ratio of 313.81, a price-to-earnings-growth ratio of 10.72 and a beta of 0.91. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $398.88.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same period in the previous year, the company earned $0.37 earnings per share. The company’s quarterly revenue was up 31.1% compared to the same quarter last year. 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. On average, equities analysts forecast that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current 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.