Worth Asset Management LLC Sells 2,030 Shares of Palo Alto Networks, Inc. $PANW

Worth Asset Management LLC decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 30.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,729 shares of the network technology company’s stock after selling 2,030 shares during the period. Worth Asset Management LLC’s holdings in Palo Alto Networks were worth $1,879,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PANW. Solstein Capital LLC bought a new position in shares of Palo Alto Networks in the 2nd quarter valued at about $26,000. N.E.W. Advisory Services LLC acquired a new stake in shares of Palo Alto Networks during the 2nd quarter worth approximately $27,000. Delos Wealth Advisors LLC bought a new stake in shares of Palo Alto Networks during the second quarter worth approximately $28,000. Principia Wealth Advisory LLC lifted its holdings in Palo Alto Networks by 125.0% in the second quarter. Principia Wealth Advisory LLC now owns 81 shares of the network technology company’s stock valued at $28,000 after buying an additional 45 shares during the period. Finally, EMC Capital Management acquired a new position in Palo Alto Networks in the second quarter valued at approximately $34,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Robert W. Baird set a $420.00 target price on shares of Palo Alto Networks and gave the stock an “outperform” rating in a report on Wednesday, September 2nd. BTIG Research increased their price target on Palo Alto Networks from $404.00 to $425.00 and gave the company a “buy” rating in a research note on Monday, September 28th. Northland Securities set a $360.00 price target on Palo Alto Networks and gave the stock a “market perform” rating in a research report on Wednesday, September 2nd. Oppenheimer reaffirmed an “outperform” rating and set a $450.00 price objective (up from $400.00) on shares of Palo Alto Networks in a research note on Wednesday, September 2nd. Finally, Loop Capital upped their price objective on Palo Alto Networks from $290.00 to $350.00 and gave the company a “hold” rating in a report on Friday, August 21st. Thirty-eight analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $391.32.

Insider Buying and Selling

In other news, CAO Josh Paul sold 400 shares of the firm’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $395.70, for a total transaction of $158,280.00. Following the sale, the chief accounting officer owned 77,987 shares of the company’s stock, valued at $30,859,455.90. This trade represents a 0.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Dipak Golechha sold 27,500 shares of Palo Alto Networks stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $391.60, for a total value of $10,769,000.00. Following the transaction, the executive vice president owned 117,750 shares in the company, valued at $46,110,900. This trade represents a 18.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 53,960 shares of company stock valued at $20,719,959. 1.40% of the stock is owned by company insiders.

Palo Alto Networks News Summary

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

• Positive Sentiment: Cybersecurity shares benefited from renewed confidence in AI-related security spending. Zscaler reaffirmed its earnings outlook, while CrowdStrike’s AI-agent security initiative with Amazon Web Services and NVIDIA helped lift the broader group, including Palo Alto Networks. Palo Alto Networks Stock Reaches New Highs: What’s Happening?
• Positive Sentiment: Analyst sentiment remains favorable, with 38 analysts carrying Buy ratings and 12 issuing Hold ratings. The consensus rating is “Moderate Buy,” reflecting expectations that AI-driven threats will support demand for PANW’s network, cloud and security-operations platforms. Palo Alto Networks Stock Rated Moderate Buy by Sell-Side Brokerages
• Neutral Sentiment: A long-term performance review highlights Palo Alto Networks’ transformation from a firewall provider into a broader AI security platform. However, the article is backward-looking and does not provide a new earnings or guidance catalyst. A $1,000 Bet on Palo Alto Networks Beat the S&P 500 by More Than 5x Over Ten Years
• Negative Sentiment: Valuation is the main pressure point. PANW trades at an extremely elevated earnings multiple after rising roughly 125% this year, and its consensus price target of $391.32 is below recent trading levels. That creates room for profit-taking even while analysts remain bullish on fundamentals. Is Palo Alto Networks a Good Stock To Buy This Year?
• Negative Sentiment: Chief Accounting Officer Josh Paul sold 400 shares for approximately $158,280. The transaction reduced his holdings by only 0.51%, so it is a modest signal, but insider selling can add to caution near all-time highs. Insider Selling: Palo Alto Networks CAO Sells Stock

Palo Alto Networks Trading Down 3.0%

Shares of PANW stock traded down $12.61 on Wednesday, hitting $407.30. The stock had a trading volume of 1,648,906 shares, compared to its average volume of 8,276,939. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $432.33. The firm has a market cap of $333.17 billion, a P/E ratio of 799.50, a PEG ratio of 11.71 and a beta of 0.93. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.06. The company has a fifty day moving average price of $365.86 and a two-hundred day moving average price of $289.05.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Tuesday, September 1st. The network technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.98 by $0.04. The business had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.35 billion. Palo Alto Networks had a return on equity of 8.50% and a net margin of 2.67%.The firm’s revenue was up 34.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.95 EPS. 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. As a group, analysts forecast that Palo Alto Networks, Inc. will post 2.31 earnings per share for the current fiscal year.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc is a cybersecurity company that provides solutions designed to help organizations protect networks, endpoints, cloud environments, applications and users from cyber threats. Its offerings include next-generation firewalls, cloud-delivered security services, secure access service edge (SASE) solutions, endpoint protection and security operations tools.

The company also provides platforms and services for cloud security, threat intelligence, incident response, vulnerability management and the automation of security operations.