AMG National Trust Bank Sells 267 Shares of Palo Alto Networks, Inc. $PANW

AMG National Trust Bank trimmed its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 11.2% during the second quarter, Holdings Channel reports. The institutional investor owned 2,125 shares of the network technology company’s stock after selling 267 shares during the quarter. AMG National Trust Bank’s holdings in Palo Alto Networks were worth $435,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. St. Clair Advisors LLC lifted its position in shares of Palo Alto Networks by 0.3% during the second quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock valued at $3,233,000 after purchasing an additional 50 shares in the last quarter. Astoria Portfolio Advisors LLC. lifted its position in shares of Palo Alto Networks by 2.1% during the second quarter. Astoria Portfolio Advisors LLC. now owns 2,467 shares of the network technology company’s stock valued at $496,000 after purchasing an additional 50 shares in the last quarter. Csenge Advisory Group lifted its position in shares of Palo Alto Networks by 2.4% during the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock valued at $381,000 after purchasing an additional 53 shares in the last quarter. TFG Advisers LLC lifted its position in shares of Palo Alto Networks by 1.1% during the second quarter. TFG Advisers LLC now owns 4,668 shares of the network technology company’s stock valued at $955,000 after purchasing an additional 53 shares in the last quarter. Finally, GSG Advisors LLC lifted its position in shares of Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock valued at $2,154,000 after purchasing an additional 54 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Mizuho raised their price target on shares of Palo Alto Networks from $210.00 to $220.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. DA Davidson reissued a “buy” rating and set a $215.00 price target on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Guggenheim raised their price target on shares of Palo Alto Networks from $130.00 to $135.00 and gave the company a “sell” rating in a research report on Tuesday, August 19th. Oppenheimer raised their price target on shares of Palo Alto Networks from $225.00 to $245.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, September 3rd. Thirty investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average target price of $218.17.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $220.24 on Friday. The firm has a market cap of $147.32 billion, a price-to-earnings ratio of 137.22, a P/E/G ratio of 5.24 and a beta of 0.98. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $223.61. The firm’s 50-day simple moving average is $204.51 and its two-hundred day simple moving average is $194.30.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.89 by $0.06. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Buying and Selling at Palo Alto Networks

In other news, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total value of $141,512.00. Following the completion of the transaction, the chief accounting officer owned 32,474 shares in the company, valued at $6,564,943.84. This trade represents a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Lee Klarich sold 120,774 shares of Palo Alto Networks stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the completion of the transaction, the executive vice president owned 149,190 shares of the company’s stock, valued at $31,616,344.80. The trade was a 44.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,215,130 shares of company stock worth $243,407,367 over the last three months. Company insiders own 2.50% of the company’s stock.

About Palo Alto Networks

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.