Kmg Fiduciary Partners 13F: Cuts PANW Stake by $1.7M

Kmg Fiduciary Partners has reduced its stake in Palo Alto Networks, Inc. (NASDAQ: PANW) by 24.5%, according to its latest 13F filing with the SEC. The firm cut its holdings by 4,339 shares, leaving it with 13,348 shares valued at approximately $5.3 million as of the reporting period.

What Changed in Kmg Fiduciary Partners' Palo Alto Networks Position

Kmg Fiduciary Partners decreased its position in Palo Alto Networks by 24.5%, shedding 4,339 shares. The firm now holds 13,348 shares, down from 17,687 shares previously. This adjustment brings the total value of its holdings to about $5.3 million.

Palo Alto Networks, Inc. Stock Down 8.6%

As of Friday, Palo Alto Networks, Inc. (NASDAQ: PANW) has a market capitalization of $302.9 billion. The stock carries a P/E ratio of 925.7, reflecting its current earnings, and a forward P/E of 75.9, indicating expected future earnings. With a beta of 0.933, the stock is less volatile than the market. Over the past year, shares have traded between $139.57 and $432.33. The stock's 50-day moving average is $373.46, while the 200-day moving average is $258.98. The company's current ratio is 0.871, and its quick ratio is 0.735, with a debt-to-equity ratio of 9.337.

Recent Earnings

Palo Alto Networks reported revenue of $11.48 billion, marking a growth rate of 34.5%. The company achieved a net margin of 2.67% and a return on equity of 1.74%. The next earnings report is expected on November 19, 2026.

About Palo Alto Networks

Palo Alto Networks, Inc., headquartered in Santa Clara, California, provides cybersecurity solutions globally. The company offers a range of products, including secure access service edge solutions, network security management, and AI-driven security operations platforms. With over 21,000 employees, Palo Alto Networks serves various industries such as education, healthcare, and telecommunications.

Bottom Line

Kmg Fiduciary Partners' reduction in its Palo Alto Networks stake is a notable move in the firm's investment strategy. Investors follow these filings to gauge institutional sentiment, though 13F filings reflect past positions. Palo Alto Networks remains a significant player in the cybersecurity space, with upcoming earnings that could impact its stock performance.