Swiss National Bank Reduces Stock Holdings in Palo Alto Networks, Inc. $PANW

Swiss National Bank lowered its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 4.1% during the third quarter, Holdings Channel reports. The firm owned 1,922,100 shares of the network technology company’s stock after selling 82,100 shares during the period. Swiss National Bank’s holdings in Palo Alto Networks were worth $391,378,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of PANW. Darwin Wealth Management LLC purchased a new position in shares of Palo Alto Networks in the 2nd quarter valued at $25,000. Howard Hughes Medical Institute purchased a new stake in Palo Alto Networks in the second quarter valued at $29,000. Winch Advisory Services LLC lifted its position in Palo Alto Networks by 96.1% in the third quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after acquiring an additional 73 shares during the last quarter. MTM Investment Management LLC acquired a new position in Palo Alto Networks in the second quarter valued at $31,000. Finally, Caitlin John LLC purchased a new position in shares of Palo Alto Networks during the third quarter worth about $31,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Activity

In other Palo Alto Networks news, CAO Josh D. Paul sold 800 shares of Palo Alto Networks stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $184.81, for a total value of $147,848.00. Following the sale, the chief accounting officer 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $188.18, for a total value of $940,900.00. Following the transaction, the executive vice president owned 155,119 shares in the company, valued at $29,190,293.42. The trade was a 3.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 126,568 shares of company stock valued at $24,159,059 over the last quarter. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Up 1.2%

Palo Alto Networks stock opened at $165.05 on Monday. The stock has a 50 day moving average of $171.66 and a two-hundred day moving average of $190.19. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $223.61. The stock 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 released its earnings results on Tuesday, February 17th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The business had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.58 billion. During the same quarter in the previous year, the company posted $0.81 earnings per share. The company’s revenue for the quarter was up 14.9% compared to the same quarter last year. 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. Equities analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on PANW. Wolfe Research lifted their target price on Palo Alto Networks from $225.00 to $250.00 and gave the stock an “outperform” rating in a research report on Monday, December 15th. JPMorgan Chase & Co. decreased their target price on Palo Alto Networks from $225.00 to $200.00 and set an “overweight” rating for the company in a research report on Thursday, February 19th. Guggenheim restated a “neutral” rating on shares of Palo Alto Networks in a research note on Wednesday, February 18th. BTIG Research reaffirmed a “buy” rating and set a $200.00 price target on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Finally, Scotiabank reiterated an “outperform” rating on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $210.19.

Palo Alto Networks Company 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.