Glenview Trust Co Raises Stock Holdings in Palo Alto Networks, Inc. $PANW

Glenview Trust Co grew its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 30.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,649 shares of the network technology company’s stock after purchasing an additional 4,312 shares during the period. Glenview Trust Co’s holdings in Palo Alto Networks were worth $6,360,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Solstein Capital LLC purchased a new stake in Palo Alto Networks in the 2nd quarter worth approximately $26,000. N.E.W. Advisory Services LLC purchased a new position in shares of Palo Alto Networks during the 2nd quarter worth $27,000. Delos Wealth Advisors LLC purchased a new position in shares of Palo Alto Networks during the 2nd quarter worth $28,000. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Palo Alto Networks during the second quarter worth $36,000. Finally, Kilter Group LLC acquired a new stake in shares of Palo Alto Networks during the second quarter worth $39,000. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on PANW shares. Wedbush upped their target price on Palo Alto Networks from $300.00 to $340.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. UBS Group reissued a “neutral” rating and issued a $390.00 price target (up from $300.00) on shares of Palo Alto Networks in a research note on Wednesday, August 19th. Wolfe Research restated an “outperform” rating and issued a $320.00 price target on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Tigress Financial upped their price objective on shares of Palo Alto Networks from $245.00 to $430.00 and gave the company a “buy” rating in a research note on Wednesday, July 15th. Finally, TD Cowen upped their price objective on shares of Palo Alto Networks from $360.00 to $400.00 and gave the company a “buy” rating in a research note on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $365.87.

Insider Activity

In other news, CAO Josh D. Paul sold 900 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $353.77, for a total value of $318,393.00. Following the sale, the chief accounting officer owned 73,354 shares in the company, valued at approximately $25,950,444.58. This represents a 1.21% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the sale, the executive vice president owned 145,250 shares in the company, valued at $42,058,590. The trade was a 3.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 38,835 shares of company stock worth $11,127,854 over the last quarter. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Up 12.8%

Shares of Palo Alto Networks stock opened at $382.85 on Friday. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $398.88. The stock has a market cap of $312.02 billion, a price-to-earnings ratio of 313.81, a price-to-earnings-growth ratio of 10.72 and a beta of 0.91. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a fifty day moving average price of $342.95 and a 200 day moving average price of $247.58.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company’s revenue was up 31.1% on a year-over-year basis. During the same period last year, the business posted $0.37 EPS. 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. Equities research analysts forecast that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current fiscal year.

Palo Alto Networks News Summary

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

• Positive Sentiment: JPMorgan raised its price target for Palo Alto Networks to $384, modestly above the current trading level, while maintaining its view of the cybersecurity company. JPMorgan Chase & Co. Increases Palo Alto Networks Price Target
• Positive Sentiment: Analyst coverage remains broadly constructive: BTIG reaffirmed a “Buy” rating, and other Wall Street commentary continues to characterize PANW as a buy and a cybersecurity stock worth researching. Wall Street Analysts See Palo Alto as a Buy Benchmark Analyst Expects Palo Alto Stock to Rise
• Neutral Sentiment: Investors are focused on estimates for PANW’s fiscal fourth quarter ended July 2026, including key operating metrics beyond revenue and earnings. The upcoming results could become the next major catalyst. Palo Alto Q4 Performance Estimates
• Neutral Sentiment: Broader markets may remain sensitive to next week’s U.S. jobs report and its implications for Federal Reserve policy, which could influence high-growth technology valuations. The Week Ahead: August Jobs Report Takes Center Stage
• Negative Sentiment: Chief Accounting Officer Josh D. Paul sold 900 shares for approximately $318,000. The sale reduced his holdings by 1.21%, a relatively small transaction but a potential short-term sentiment headwind. SEC Insider Transaction Filing
• Negative Sentiment: BTIG’s $380 price target is slightly below PANW’s current level despite its Buy rating, while the stock’s very high earnings multiple leaves it vulnerable to disappointment if growth or guidance slows. BTIG Reiterates Buy Rating on Palo Alto Networks

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.