Hilltop National Bank Purchases Shares of 5,888 Palo Alto Networks, Inc. $PANW

Hilltop National Bank purchased a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,888 shares of the network technology company’s stock, valued at approximately $1,205,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of PANW. Nuveen LLC bought a new stake in shares of Palo Alto Networks in the 1st quarter worth about $810,047,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of Palo Alto Networks in the 2nd quarter worth about $633,068,000. Goldman Sachs Group Inc. grew its holdings in shares of Palo Alto Networks by 41.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company’s stock worth $1,234,650,000 after purchasing an additional 2,134,735 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings in shares of Palo Alto Networks by 77.1% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company’s stock worth $662,000,000 after purchasing an additional 1,688,432 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Palo Alto Networks by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company’s stock worth $10,712,019,000 after purchasing an additional 1,541,637 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the transaction, the executive vice president owned 3,143,516 shares of the company’s stock, valued at $543,199,564.80. This trade represents a 3.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the transaction, the executive vice president directly owned 96,135 shares in the company, valued at $19,629,805.65. The trade was a 4.94% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,315,130 shares of company stock worth $259,351,606 over the last ninety days. 2.50% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on PANW shares. JMP Securities reaffirmed a “market outperform” rating and issued a $212.00 target price on shares of Palo Alto Networks in a report on Tuesday, August 19th. Rosenblatt Securities decreased their price objective on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a report on Thursday, August 14th. KeyCorp lowered shares of Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a report on Thursday, July 31st. Westpark Capital reissued a “hold” rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, Needham & Company LLC reissued a “buy” rating and set a $230.00 price objective on shares of Palo Alto Networks in a report on Wednesday, September 3rd. Thirty analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $214.64.

Palo Alto Networks Trading Up 1.2%

Shares of NASDAQ PANW opened at $209.30 on Friday. The firm has a market capitalization of $140.00 billion, a PE ratio of 130.40, a price-to-earnings-growth ratio of 4.92 and a beta of 0.98. Palo Alto Networks, Inc. has a 1 year low of $144.15 and a 1 year high of $210.39. The firm’s 50-day moving average is $190.12 and its 200-day moving average is $188.04.

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

Palo Alto Networks Profile

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.