Palo Alto Networks, Inc. $PANW Shares Purchased by Glenview Trust co

Glenview Trust co lifted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,545 shares of the network technology company’s stock after purchasing an additional 353 shares during the period. Glenview Trust co’s holdings in Palo Alto Networks were worth $1,629,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of PANW. Brighton Jones LLC increased its stake in Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after purchasing an additional 4,031 shares in the last quarter. Bank Pictet & Cie Europe AG increased its stake in Palo Alto Networks by 115.6% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 43,985 shares of the network technology company’s stock valued at $8,004,000 after purchasing an additional 23,586 shares in the last quarter. Bison Wealth LLC increased its stake in Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after purchasing an additional 3,275 shares in the last quarter. Graham Capital Management L.P. increased its stake in Palo Alto Networks by 26.2% in the 4th quarter. Graham Capital Management L.P. now owns 2,574 shares of the network technology company’s stock valued at $468,000 after purchasing an additional 535 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp increased its stake in Palo Alto Networks by 142.1% in the 4th quarter. OMERS ADMINISTRATION Corp now owns 26,718 shares of the network technology company’s stock valued at $4,862,000 after purchasing an additional 15,683 shares in the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Trading Down 0.1%

Shares of Palo Alto Networks stock opened at $197.33 on Thursday. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $210.39. The stock has a market capitalization of $131.99 billion, a P/E ratio of 122.95, a PEG ratio of 4.71 and a beta of 0.98. The business’s fifty day moving average price is $188.20 and its 200 day moving average price is $185.83.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results 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 return on equity of 17.66% and a net margin of 12.30%.The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter last year, the firm earned $0.75 earnings per share. The firm’s revenue for the quarter 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, sell-side analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Transactions at Palo Alto Networks

In related news, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total value of $23,081,119.14. Following the transaction, the executive vice president owned 177,954 shares in the company, valued at approximately $34,008,788.94. This trade represents a 40.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Josh D. Paul sold 800 shares of Palo Alto Networks stock in a transaction on Friday, June 20th. The shares were sold at an average price of $201.05, for a total value of $160,840.00. Following the completion of the transaction, the chief accounting officer owned 42,033 shares in the company, valued at $8,450,734.65. The trade was a 1.87% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 569,422 shares of company stock worth $106,629,618 over the last ninety days. 2.50% of the stock is owned by insiders.

Wall Street Analyst Weigh In

PANW has been the subject of several research analyst reports. Guggenheim raised their price objective on Palo Alto Networks from $130.00 to $135.00 and gave the company a “sell” rating in a research note on Tuesday, August 19th. Rosenblatt Securities dropped their price target on Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating for the company in a research report on Thursday, August 14th. Cantor Fitzgerald reissued an “overweight” rating and set a $223.00 price target on shares of Palo Alto Networks in a research report on Friday, August 15th. Northland Securities dropped their price target on Palo Alto Networks from $210.00 to $177.00 and set a “market perform” rating for the company in a research report on Wednesday, May 21st. Finally, Stephens reissued an “equal weight” rating and set a $205.00 price target on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Twenty-eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average price target of $211.68.

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.