Intech Investment Management LLC Sells 8,070 Shares of Palo Alto Networks, Inc. $PANW

Intech Investment Management LLC cut its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 7.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,142 shares of the network technology company’s stock after selling 8,070 shares during the quarter. Intech Investment Management LLC’s holdings in Palo Alto Networks were worth $19,551,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. CBIZ Investment Advisory Services LLC grew its position in shares of Palo Alto Networks by 39.7% in the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 176 shares of the network technology company’s stock worth $36,000 after buying an additional 50 shares during the last quarter. Harold Davidson & Associates Inc. lifted its stake in Palo Alto Networks by 5.0% in the third quarter. Harold Davidson & Associates Inc. now owns 1,056 shares of the network technology company’s stock worth $215,000 after acquiring an additional 50 shares during the period. Princeton Capital Management LLC lifted its stake in Palo Alto Networks by 3.4% in the third quarter. Princeton Capital Management LLC now owns 1,520 shares of the network technology company’s stock worth $310,000 after acquiring an additional 50 shares during the period. South Plains Financial Inc. boosted its holdings in Palo Alto Networks by 1.0% in the third quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock valued at $982,000 after acquiring an additional 50 shares in the last quarter. Finally, Fayez Sarofim & Co boosted its holdings in Palo Alto Networks by 1.2% in the third quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock valued at $878,000 after acquiring an additional 50 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $257.77 on Friday. The firm’s 50-day moving average is $190.33 and its 200 day moving average is $183.27. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $261.41. The stock has a market cap of $210.34 billion, a price-to-earnings ratio of 142.41, a PEG ratio of 8.96 and a beta of 0.77.

Wall Street Analysts Forecast Growth

Several research analysts have commented on PANW shares. Mizuho upped their price objective on shares of Palo Alto Networks from $200.00 to $265.00 and gave the stock an “outperform” rating in a report on Monday, May 18th. Capital One Financial boosted their price target on shares of Palo Alto Networks from $168.00 to $248.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 19th. Guggenheim downgraded shares of Palo Alto Networks from a “neutral” rating to a “reduce” rating in a research note on Wednesday. Oppenheimer restated an “outperform” rating and issued a $275.00 price objective (up from $245.00) on shares of Palo Alto Networks in a report on Friday, May 15th. Finally, Wedbush upped their target price on Palo Alto Networks from $225.00 to $300.00 and gave the stock an “outperform” rating in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average target price of $234.28.

Palo Alto Networks News Summary

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

• Positive Sentiment: Multiple Wall Street firms raised their price targets on PANW this week, including Benchmark to $270, Wedbush to $300, and Wells Fargo reaffirming a Buy with a $285 target, reinforcing optimism around the company’s long-term growth story. Benchmark price target increase
• Positive Sentiment: Analysts remain upbeat on Palo Alto Networks’ platform expansion and cybersecurity demand, with coverage framing the company as a potential beneficiary of AI-driven security needs. AI security supercycle article
• Neutral Sentiment: Reports ahead of Q3 earnings highlight strong platform growth, but investors are waiting for confirmation in the company’s results and guidance before making a bigger move. Q3 earnings preview
• Neutral Sentiment: Market chatter around the upcoming earnings release and key operating metrics is keeping PANW in focus, but this is more of a wait-and-see catalyst than a fresh driver. Wall Street estimates preview
• Negative Sentiment: Some investors are cautious because acquisition costs are rising and share dilution could pressure near-term earnings quality. Acquisition costs and dilution concern
• Negative Sentiment: Sentiment across cybersecurity stocks has also been pressured by weak peer guidance, and an insider sale by EVP Lee Klarich added a modest overhang. Insider sale

Insiders Place Their Bets

In related news, CEO Nikesh Arora acquired 68,085 shares of the stock in a transaction that occurred on Friday, March 27th. The shares were bought at an average price of $146.87 per share, for a total transaction of $9,999,643.95. Following the completion of the transaction, the chief executive officer directly owned 343,394 shares in the company, valued at approximately $50,434,276.78. This trade represents a 24.73% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John P. Key sold 1,572 shares of the stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $173.32, for a total value of $272,459.04. Following the transaction, the director directly owned 20,000 shares in the company, valued at $3,466,400. The trade was a 7.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 93,660 shares of company stock worth $21,346,475. 1.40% of the stock is owned by corporate insiders.

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.