HORAN Wealth LLC Sells 26,623 Shares of Palo Alto Networks, Inc. $PANW

HORAN Wealth LLC trimmed its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 51.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,681 shares of the network technology company’s stock after selling 26,623 shares during the period. Palo Alto Networks comprises approximately 1.1% of HORAN Wealth LLC’s portfolio, making the stock its 19th largest position. HORAN Wealth LLC’s holdings in Palo Alto Networks were worth $8,417,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. California State Teachers Retirement System boosted its holdings in Palo Alto Networks by 35,252.4% during the 2nd quarter. California State Teachers Retirement System now owns 417,760,413 shares of the network technology company’s stock valued at $142,464,656,000 after acquiring an additional 416,578,710 shares during the period. BlackRock Inc. purchased a new position in Palo Alto Networks in the 2nd quarter worth approximately $25,833,462,000. State Street Corp lifted its position in Palo Alto Networks by 2.0% in the fourth quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock valued at $5,587,100,000 after purchasing an additional 594,789 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of Palo Alto Networks by 0.9% during the second quarter. Bank of America Corp DE now owns 22,681,876 shares of the network technology company’s stock valued at $7,734,973,000 after purchasing an additional 205,123 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Palo Alto Networks by 3.5% during the fourth quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock valued at $2,934,935,000 after purchasing an additional 540,756 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In other news, Director Aparna Bawa sold 290 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $348.74, for a total value of $101,134.60. Following the completion of the transaction, the director owned 6,437 shares in the company, valued at $2,244,839.38. This trade represents a 4.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Helle Thorning-Schmidt sold 700 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total value of $242,795.00. Following the sale, the director owned 5,898 shares in the company, valued at $2,045,721.30. This represents a 10.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 38,635 shares of company stock worth $11,150,578. Insiders own 1.40% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on PANW shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $430.00 target price on shares of Palo Alto Networks in a research note on Wednesday. Piper Sandler reissued an “overweight” rating and issued a $410.00 price target (up from $345.00) on shares of Palo Alto Networks in a report on Wednesday. Rosenblatt Securities boosted their price objective on shares of Palo Alto Networks from $355.00 to $415.00 and gave the company a “buy” rating in a research report on Wednesday, September 2nd. Guggenheim reiterated a “neutral” rating on shares of Palo Alto Networks in a report on Wednesday. Finally, Wolfe Research reissued an “outperform” rating and issued a $320.00 target price on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Forty analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $385.67.

Palo Alto Networks News Roundup

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

• Positive Sentiment: Technical and earnings support: A bullish hammer chart pattern suggests potential near-term support after the recent pullback. Rising earnings estimates and the company’s fiscal fourth-quarter beat—$1.02 in adjusted EPS versus $0.98 expected, with revenue up 34.5% to $3.41 billion—also support the possibility of a rebound. Palo Alto Could Find a Support Soon
• Positive Sentiment: Analyst optimism: DA Davidson raised its price target to $420, while Susquehanna and BTIG lifted targets to $415 and $404, respectively. Cantor Fitzgerald reiterated an overweight rating, adding to a generally bullish Wall Street view. DA Davidson Raises Price Target
• Positive Sentiment: Long-term AI opportunity: Analysts and commentary continue to highlight Palo Alto Networks’ expanding cybersecurity platform and products designed to protect enterprises from AI-related threats. The company’s strong growth profile has helped sustain investor interest despite recent volatility. Palo Alto Networks AI Cybersecurity Growth
• Neutral Sentiment: Sector pressure is limiting momentum: Zscaler’s softer fiscal 2027 growth outlook overshadowed its earnings beat and weighed on cybersecurity peers. Palo Alto Networks has been more resilient than some competitors, but sector-wide concerns remain. Zscaler Growth Guidance Pressures Cybersecurity Stocks
• Neutral Sentiment: AI acquisition: Palo Alto Networks reportedly paid about $500 million in cash and stock for Console, an AI help-desk automation startup. The deal could broaden its AI capabilities, although integration and valuation risks may limit its immediate stock impact. Palo Alto Networks Console Acquisition
• Negative Sentiment: Premium valuation and insider sale: PANW’s very high valuation leaves little room for disappointment, while Chief Accounting Officer Josh Paul’s sale of 900 shares worth approximately $336,000 adds a minor cautionary signal. However, the sale reduced his holdings by only 1.23%, limiting its significance.

Palo Alto Networks Stock Performance

NASDAQ:PANW opened at $333.26 on Monday. The company has a 50-day moving average price of $350.18 and a 200-day moving average price of $255.44. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $398.88. The company has a current ratio of 0.87, a quick ratio of 0.86 and a debt-to-equity ratio of 0.06. The stock has a market cap of $271.61 billion, a price-to-earnings ratio of 653.46, a P/E/G ratio of 9.62 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, September 1st. The network technology company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.04. Palo Alto Networks had a net margin of 2.67% and a return on equity of 8.50%. The company had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.35 billion. During the same quarter in the previous year, the company earned $0.95 earnings per share. Palo Alto Networks’s quarterly revenue was up 34.5% on a year-over-year basis. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. Equities analysts predict that Palo Alto Networks, Inc. will post 2.3 EPS for the current 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.