Palo Alto Networks, Inc. $PANW Shares Purchased by Rathbones Group PLC

Rathbones Group PLC raised its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 868,983 shares of the network technology company’s stock after acquiring an additional 9,816 shares during the quarter. Rathbones Group PLC’s holdings in Palo Alto Networks were worth $176,942,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Exchange Traded Concepts LLC boosted its holdings in shares of Palo Alto Networks by 29.4% during the third quarter. Exchange Traded Concepts LLC now owns 32,155 shares of the network technology company’s stock worth $6,547,000 after purchasing an additional 7,301 shares during the last quarter. Westfield Capital Management Co. LP purchased a new position in Palo Alto Networks during the third quarter worth about $75,412,000. American Century Companies Inc. boosted its stake in Palo Alto Networks by 134.1% in the 3rd quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock worth $136,859,000 after buying an additional 384,985 shares during the last quarter. US Bancorp DE grew its holdings in Palo Alto Networks by 0.6% in the 3rd quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock valued at $277,828,000 after buying an additional 8,344 shares during the period. Finally, Silver Oak Securities Incorporated lifted its holdings in shares of Palo Alto Networks by 240.1% during the 3rd quarter. Silver Oak Securities Incorporated now owns 11,732 shares of the network technology company’s stock worth $2,389,000 after acquiring an additional 8,282 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $165.05 on Friday. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $223.61. The business has a 50-day moving average of $171.66 and a 200-day moving average of $190.15. The company has a market capitalization of $134.68 billion, a price-to-earnings ratio of 91.19, a PEG ratio of 5.96 and a beta of 0.78.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, February 17th. The network technology company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.94 by $0.09. The business had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.58 billion. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The company’s revenue was up 14.9% on a year-over-year basis. During the same period last year, the business posted $0.81 EPS. 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. Research analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PANW. TD Cowen reiterated a “buy” rating on shares of Palo Alto Networks in a report on Wednesday, February 18th. Weiss Ratings restated a “hold (c)” rating on shares of Palo Alto Networks in a report on Monday, December 29th. Scotiabank reiterated an “outperform” rating on shares of Palo Alto Networks in a report on Wednesday, February 18th. Susquehanna lowered their price target on Palo Alto Networks from $230.00 to $200.00 and set a “positive” rating for the company in a research report on Wednesday, February 18th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Palo Alto Networks in a research note on Wednesday, February 4th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus price target of $210.19.

Insider Activity

In other news, EVP Lee Klarich sold 120,768 shares of the company’s stock in a transaction on Thursday, January 8th. The shares were sold at an average price of $191.03, for a total value of $23,070,311.04. Following the completion of the transaction, the executive vice president directly owned 298,887 shares in the company, valued at approximately $57,096,383.61. This represents a 28.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Josh D. Paul sold 800 shares of the firm’s stock in a transaction 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 sale, the chief accounting officer directly owned 46,005 shares of the company’s stock, valued at approximately $8,502,184.05. The trade was a 1.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 139,068 shares of company stock worth $26,600,684 over the last three months. Insiders own 1.40% of the company’s stock.

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.