Glenview Trust Co Purchases New Shares in Palo Alto Networks, Inc. $PANW

Glenview Trust Co acquired a new position in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 14,337 shares of the network technology company’s stock, valued at approximately $2,299,000.

A number of other institutional investors have also recently bought and sold shares of the business. Janney Montgomery Scott LLC grew its stake in Palo Alto Networks by 15.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock worth $65,796,000 after buying an additional 53,485 shares during the last quarter. Aviva PLC raised its stake in Palo Alto Networks by 5.4% in the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after buying an additional 29,230 shares during the last quarter. B&D White Capital Company LLC acquired a new stake in Palo Alto Networks in the first quarter worth about $353,000. Bridgewater Advisors Inc. acquired a new stake in Palo Alto Networks in the second quarter worth about $2,159,000. Finally, Granite Islands Private Wealth LLC grew its stake in shares of Palo Alto Networks by 43.6% during the first quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock worth $2,453,000 after acquiring an additional 4,659 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Cantor Fitzgerald increased their price objective on shares of Palo Alto Networks from $340.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Barclays restated an “overweight” rating and set a $370.00 price target (up from $315.00) on shares of Palo Alto Networks in a research note on Wednesday, August 5th. TD Cowen lifted their price objective on shares of Palo Alto Networks from $360.00 to $400.00 and gave the stock a “buy” rating in a research note on Monday, August 17th. Jefferies Financial Group reissued a “buy” rating and issued a $450.00 target price (up from $335.00) on shares of Palo Alto Networks in a research report on Friday. Finally, BTIG Research reiterated a “buy” rating and set a $380.00 price target on shares of Palo Alto Networks in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $368.42.

Palo Alto Networks Stock Down 2.9%

PANW stock opened at $371.59 on Friday. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $398.88. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The firm’s fifty day moving average is $344.62 and its 200 day moving average is $248.45. The firm has a market cap of $302.85 billion, a PE ratio of 304.58, a P/E/G ratio of 12.10 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period in the prior year, the company posted $0.37 EPS. The company’s revenue for the quarter was up 31.1% on a year-over-year basis. 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. On average, research analysts forecast that Palo Alto Networks, Inc. will post 2.01 EPS for the current year.

Insiders Place Their Bets

In related news, Director James J. Goetz sold 20,000 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $279.90, for a total value of $5,598,000.00. Following the completion of the sale, the director owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. The trade was a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the transaction, the executive vice president directly owned 145,250 shares in the company, valued at approximately $42,058,590. The trade was a 3.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 38,835 shares of company stock valued at $11,127,854. 1.40% of the stock is owned by insiders.

More Palo Alto Networks News

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

• Positive Sentiment: Benchmark raised its price target to $400 from $340 and maintained a Buy rating, citing potential upside to next-generation security annual recurring revenue, revenue, operating income and margins. The forecast reinforces expectations that Palo Alto Networks’ AI-security strategy is gaining traction. Palo Alto Networks Gets a $400 Target
• Positive Sentiment: Investors are taking confidence from CrowdStrike’s stronger-than-expected results, which highlighted robust AI-related cybersecurity demand and lifted sentiment across the sector. Palo Alto Networks is viewed as a potential beneficiary of the same spending cycle. Palo Alto Networks Stock Trades Up
• Positive Sentiment: Platformization, adoption of AI-security products and recent deal wins are expected to support fourth-quarter growth. BTIG also assigned PANW a Buy rating, adding to broadly favorable analyst coverage. Palo Alto Networks to Report Q4 Earnings
• Neutral Sentiment: Earnings are the next major catalyst. Traders expect potentially significant movement after the report, while analysts are watching recurring revenue, margins, operating income and guidance—not just revenue and EPS. Expected Post-Earnings Stock Move
• Negative Sentiment: Acquisition-related costs could pressure results, and the stock’s triple-digit P/E ratio—above 300 based on the supplied data—means much of the AI-growth outlook may already be reflected in the price. Any shortfall in growth or guidance could trigger profit-taking. Palo Alto’s Rally Has One Big Problem Ahead of Earnings
• Negative Sentiment: Chief Accounting Officer Josh D. Paul sold 900 shares for approximately $318,000, reducing his position by 1.21%. The transaction is small relative to his remaining holdings but may create a modest sentiment headwind. Palo Alto Networks Insider Sale

About Palo Alto Networks

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.