Community Bank N.A. Raises Stake in Palo Alto Networks, Inc. $PANW

Community Bank N.A. raised its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 19.6% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,017 shares of the network technology company’s stock after purchasing an additional 1,316 shares during the quarter. Community Bank N.A.’s holdings in Palo Alto Networks were worth $1,641,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. HWG Holdings LP purchased a new position in shares of Palo Alto Networks in the first quarter worth $31,000. Dagco Inc. purchased a new position in shares of Palo Alto Networks in the first quarter worth $33,000. WPG Advisers LLC purchased a new position in shares of Palo Alto Networks in the first quarter worth $37,000. Strategic Investment Solutions Inc. IL lifted its holdings in shares of Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after buying an additional 83 shares in the last quarter. Finally, Stonebridge Financial Group LLC lifted its holdings in shares of Palo Alto Networks by 46.8% in the first quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock worth $40,000 after buying an additional 74 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

PANW has been the topic of several research analyst reports. Sanford C. Bernstein set a $207.00 target price on shares of Palo Alto Networks and gave the stock an “outperform” rating in a report on Tuesday, August 19th. Morgan Stanley boosted their target price on shares of Palo Alto Networks from $210.00 to $216.00 and gave the stock an “overweight” rating in a report on Tuesday, September 2nd. Westpark Capital reissued a “hold” rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. Rosenblatt Securities lowered their target price on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a report on Thursday, August 14th. Finally, Tigress Financial initiated coverage on shares of Palo Alto Networks in a research report on Friday, September 26th. They issued a “buy” rating and a $245.00 price target on the stock. Twenty-nine analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $216.00.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the business’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the transaction, the executive vice president owned 149,190 shares in the company, valued at $31,616,344.80. The trade was a 44.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the transaction, the chief executive officer owned 275,013 shares in the company, valued at $56,119,152.78. This trade represents a 75.48% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,315,130 shares of company stock valued at $260,687,367. Insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Up 2.3%

PANW stock opened at $213.28 on Tuesday. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $217.94. The stock has a market capitalization of $142.66 billion, a price-to-earnings ratio of 132.88, a price-to-earnings-growth ratio of 4.96 and a beta of 0.98. The firm’s fifty day simple moving average is $193.79 and its two-hundred day simple moving average is $189.56.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the previous year, the business posted $0.75 earnings per share. The business’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, equities research analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

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.