Palo Alto Networks, Inc. $PANW Shares Purchased by TD Asset Management Inc

TD Asset Management Inc increased its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 7.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 398,503 shares of the network technology company’s stock after purchasing an additional 28,232 shares during the quarter. TD Asset Management Inc’s holdings in Palo Alto Networks were worth $73,404,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new stake in Palo Alto Networks during the 2nd quarter worth approximately $25,000. Steph & Co. increased its position in Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after purchasing an additional 67 shares in the last quarter. Knuff & Co LLC acquired a new stake in Palo Alto Networks during the 4th quarter worth approximately $26,000. Luken Investment Analytics LLC increased its position in Palo Alto Networks by 196.2% during the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after purchasing an additional 102 shares in the last quarter. Finally, WHI TRUST Co LLC acquired a new stake in Palo Alto Networks during the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Key Palo Alto Networks News

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

• Positive Sentiment: Analyst sentiment remains broadly constructive, with multiple firms raising price targets after earnings, including targets of $207 to $360 and several firms reiterating positive forecasts for PANW. HSBC adjusts price target on Palo Alto Networks
• Positive Sentiment: FBN Securities upgraded Palo Alto Networks from “outperform” to “strong-buy,” adding to the bullish analyst backdrop. FBN Securities upgrade
• Neutral Sentiment: Several articles note that PANW’s strong AI security narrative and recent earnings beat have kept the long-term story intact, even as the stock has cooled after its sharp rally. Barron’s on Palo Alto Networks rally
• Negative Sentiment: Cybersecurity peers, especially CrowdStrike, sold off after earnings, and that weakness spilled over to PANW as investors demanded clearer proof of AI monetization and more room for upside after the rally. CrowdStrike sinks, weighing on Palo Alto Networks
• Negative Sentiment: Some commentary argues PANW’s stock has run too far too fast, suggesting valuation concerns and profit-taking are pressuring shares despite solid fundamentals. Seeking Alpha on Palo Alto Networks valuation

Palo Alto Networks Stock Performance

Shares of PANW opened at $272.05 on Friday. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $302.95. The company has a market cap of $221.72 billion, a price-to-earnings ratio of 222.99, a price-to-earnings-growth ratio of 10.28 and a beta of 0.94. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.04 and a current ratio of 0.86. The firm has a fifty day moving average of $205.03 and a 200-day moving average of $186.58.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business had revenue of $3 billion for the quarter, compared to analysts’ expectations of $2.94 billion. During the same period in the previous year, the business earned $0.37 earnings per share. The company’s revenue was up 31.1% on a year-over-year basis. 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. As a group, equities analysts anticipate that Palo Alto Networks, Inc. will post 2.15 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on PANW shares. Argus raised shares of Palo Alto Networks to a “strong-buy” rating in a research report on Friday, February 20th. Stifel Nicolaus set a $340.00 price objective on shares of Palo Alto Networks in a research report on Wednesday. Evercore reaffirmed an “outperform” rating and issued a $375.00 price objective on shares of Palo Alto Networks in a research report on Wednesday. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $325.00 price objective (up from $285.00) on shares of Palo Alto Networks in a research report on Wednesday. Finally, Needham & Company LLC increased their price objective on shares of Palo Alto Networks from $200.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $306.29.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 62,904 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the sale, the executive vice president directly owned 235,983 shares in the company, valued at approximately $61,037,002.95. The trade was a 21.05% 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 this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total transaction of $802,100.00. Following the completion of the sale, the executive vice president owned 150,250 shares in the company, valued at approximately $24,103,105. This trade represents a 3.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 72,076 shares of company stock valued at $17,930,587 in the last quarter. 1.40% of the stock is owned by company insiders.

Palo Alto Networks Company Profile

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.