Palo Alto Networks, Inc. $PANW Stock Holdings Lessened by Cascade Financial Partners LLC

Cascade Financial Partners LLC reduced its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 53.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,136 shares of the network technology company’s stock after selling 1,322 shares during the quarter. Cascade Financial Partners LLC’s holdings in Palo Alto Networks were worth $232,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Palo Alto Networks by 147.7% in the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock worth $1,230,000 after acquiring an additional 4,031 shares during the last quarter. Bison Wealth LLC grew its stake in Palo Alto Networks by 169.1% in the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after purchasing an additional 3,275 shares in the last quarter. Schechter Investment Advisors LLC increased its position in Palo Alto Networks by 22.3% in the 1st quarter. Schechter Investment Advisors LLC now owns 2,159 shares of the network technology company’s stock worth $368,000 after purchasing an additional 393 shares during the last quarter. CWM LLC raised its stake in shares of Palo Alto Networks by 40.8% during the 1st quarter. CWM LLC now owns 59,910 shares of the network technology company’s stock worth $10,223,000 after purchasing an additional 17,347 shares in the last quarter. Finally, Bleakley Financial Group LLC raised its stake in shares of Palo Alto Networks by 8.3% during the 1st quarter. Bleakley Financial Group LLC now owns 14,477 shares of the network technology company’s stock worth $2,470,000 after purchasing an additional 1,107 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

Palo Alto Networks stock opened at $218.27 on Wednesday. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $223.61. The firm has a fifty day moving average price of $208.24 and a two-hundred day moving average price of $196.75. The firm has a market cap of $149.29 billion, a price-to-earnings ratio of 135.99, a P/E/G ratio of 5.15 and a beta of 0.95.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same period last year, the business posted $0.75 earnings per share. The firm’s revenue was up 15.8% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. As a group, sell-side analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on PANW shares. Sanford C. Bernstein set a $207.00 price objective on Palo Alto Networks and gave the stock an “outperform” rating in a report on Tuesday, August 19th. Oppenheimer increased their price target on shares of Palo Alto Networks from $225.00 to $245.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. KeyCorp downgraded shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 31st. JMP Securities upped their price objective on shares of Palo Alto Networks from $212.00 to $250.00 and gave the stock a “market outperform” rating in a report on Monday, October 27th. Finally, Bank of America raised their target price on Palo Alto Networks from $215.00 to $240.00 and gave the company a “buy” rating in a report on Monday, October 20th. Thirty research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $218.67.

Insiders Place Their Bets

In other news, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the completion of the transaction, the executive vice president directly owned 177,954 shares in the company, valued at $34,008,788.94. The trade was a 40.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the sale, the executive vice president directly owned 96,135 shares of the company’s stock, valued at $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,215,830 shares of company stock valued at $249,160,428. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.