Palo Alto Networks, Inc. $PANW Position Increased by Glenmede Trust Co. NA

Glenmede Trust Co. NA boosted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.4% in the first quarter, Holdings Channel.com reports. The firm owned 217,986 shares of the network technology company’s stock after purchasing an additional 7,128 shares during the period. Glenmede Trust Co. NA’s holdings in Palo Alto Networks were worth $34,948,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PANW. Darwin Wealth Management LLC purchased a new stake in shares of Palo Alto Networks during the 2nd quarter worth about $25,000. Steph & Co. grew its stake in shares of Palo Alto Networks by 88.2% in the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after buying an additional 67 shares in the last quarter. Knuff & Co LLC acquired a new position in Palo Alto Networks in the fourth quarter worth approximately $26,000. Sittner & Nelson LLC increased its holdings in Palo Alto Networks by 73.8% in the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after buying an additional 62 shares during the last quarter. Finally, Luken Investment Analytics LLC increased its holdings in Palo Alto Networks by 196.2% in the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after buying an additional 102 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on PANW shares. JPMorgan Chase & Co. lifted their target price on shares of Palo Alto Networks from $200.00 to $300.00 and gave the company an “overweight” rating in a research note on Monday, June 1st. BTIG Research increased their price target on shares of Palo Alto Networks from $333.00 to $380.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. Berenberg Bank raised their price target on shares of Palo Alto Networks from $290.00 to $360.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Finally, UBS Group set a $300.00 price objective on shares of Palo Alto Networks and gave the stock a “neutral” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus price target of $331.48.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $331.83 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The firm has a fifty day simple moving average of $308.00 and a 200-day simple moving average of $222.24. The stock has a market capitalization of $270.44 billion, a price-to-earnings ratio of 271.99, a PEG ratio of 12.09 and a beta of 0.91. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $368.80.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. Palo Alto Networks’s revenue was up 31.1% compared to the same quarter last year. During the same period last year, the business posted $0.37 EPS. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. On average, sell-side analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Insider Buying and Selling

In related news, CAO Josh D. Paul sold 900 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $345.00, for a total transaction of $310,500.00. Following the completion of the sale, the chief accounting officer owned 79,644 shares in the company, valued at $27,477,180. This represents a 1.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the completion of the sale, the executive vice president directly owned 145,250 shares in the company, valued at $42,058,590. This trade represents a 3.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 101,239 shares of company stock valued at $27,174,360 in the last quarter. Insiders own 1.40% of the company’s stock.

About Palo Alto Networks

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.