Palo Alto Networks, Inc. $PANW Stock Position Trimmed by TIAA Trust National Association

TIAA Trust National Association decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 70.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 39,359 shares of the network technology company’s stock after selling 95,489 shares during the period. TIAA Trust National Association’s holdings in Palo Alto Networks were worth $8,014,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Forge First Asset Management Inc. raised its stake in Palo Alto Networks by 47.3% during the 3rd quarter. Forge First Asset Management Inc. now owns 16,500 shares of the network technology company’s stock valued at $3,360,000 after acquiring an additional 5,300 shares in the last quarter. Whalerock Point Partners LLC increased its stake in Palo Alto Networks by 10.6% during the 3rd quarter. Whalerock Point Partners LLC now owns 36,093 shares of the network technology company’s stock valued at $7,349,000 after buying an additional 3,450 shares during the period. IAG Wealth Partners LLC acquired a new position in shares of Palo Alto Networks during the third quarter valued at approximately $41,000. Banco Santander S.A. raised its holdings in Palo Alto Networks by 26.8% during the third quarter. Banco Santander S.A. now owns 43,346 shares of the network technology company’s stock worth $8,826,000 after purchasing an additional 9,160 shares in the last quarter. Finally, Diversify Wealth Management LLC lifted its position in Palo Alto Networks by 4.0% in the third quarter. Diversify Wealth Management LLC now owns 51,635 shares of the network technology company’s stock worth $11,320,000 after purchasing an additional 2,000 shares during the period. Institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Down 0.3%

PANW opened at $148.92 on Friday. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $223.61. The firm has a market capitalization of $121.52 billion, a P/E ratio of 82.28, a PEG ratio of 5.39 and a beta of 0.75. The stock has a fifty day moving average of $174.60 and a 200-day moving average of $190.68.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.09. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The firm had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.58 billion. During the same period in the previous year, the firm earned $0.81 earnings per share. Palo Alto Networks’s quarterly revenue was up 14.9% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. On average, analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Insider Activity at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $188.18, for a total transaction of $940,900.00. Following the completion of the sale, the executive vice president directly owned 155,119 shares in the company, valued at approximately $29,190,293.42. This trade represents a 3.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Josh D. Paul sold 800 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $184.81, for a total transaction of $147,848.00. Following the completion of the transaction, the chief accounting officer owned 46,005 shares in the company, valued at approximately $8,502,184.05. This represents a 1.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 260,542 shares of company stock valued at $49,910,995 over the last ninety days. 1.40% of the stock is owned by company insiders.

Analyst Ratings Changes

PANW has been the topic of several research analyst reports. Wolfe Research lifted their price target on Palo Alto Networks from $225.00 to $250.00 and gave the company an “outperform” rating in a research report on Monday, December 15th. BMO Capital Markets decreased their target price on Palo Alto Networks from $230.00 to $200.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Morgan Stanley reiterated an “overweight” rating and issued a $223.00 price target (down from $245.00) on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Mizuho set a $200.00 price target on shares of Palo Alto Networks in a report on Wednesday, February 18th. Finally, Susquehanna lowered their price objective on shares of Palo Alto Networks from $230.00 to $200.00 and set a “positive” rating on the stock in a research note on Wednesday, February 18th. One analyst has rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $211.62.

Palo Alto Networks 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.