Trust Asset Management LLC Boosts Holdings in Palo Alto Networks, Inc. $PANW

Trust Asset Management LLC raised its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 19.4% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 8,639 shares of the network technology company’s stock after buying an additional 1,401 shares during the period. Trust Asset Management LLC’s holdings in Palo Alto Networks were worth $2,946,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of PANW. Vanguard Group Inc. lifted its holdings in Palo Alto Networks by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock valued at $12,512,533,000 after acquiring an additional 2,659,100 shares during the period. State Street Corp grew its stake in shares of Palo Alto Networks by 2.0% during the 4th quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock worth $5,587,100,000 after purchasing an additional 594,789 shares during the period. Bank of America Corp DE increased its holdings in shares of Palo Alto Networks by 16.0% during the 1st quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company’s stock valued at $3,603,473,000 after purchasing an additional 3,101,267 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Palo Alto Networks by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock valued at $2,934,935,000 after purchasing an additional 540,756 shares during the period. Finally, Norges Bank purchased a new stake in Palo Alto Networks during the fourth quarter worth $1,415,364,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In related news, Director Helle Thorning-Schmidt sold 700 shares of the business’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total transaction of $242,795.00. Following the transaction, the director directly owned 5,898 shares in the company, valued at approximately $2,045,721.30. The trade was a 10.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction dated 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 sale, the executive vice president directly owned 145,250 shares of the company’s stock, valued at approximately $42,058,590. This represents a 3.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 101,239 shares of company stock valued at $27,174,360. 1.40% of the stock is owned by company insiders.

Palo Alto Networks Trading Up 0.8%

PANW stock opened at $387.01 on Thursday. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $389.25. The business’s 50-day moving average is $323.44 and its 200 day moving average is $232.77. 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 stock has a market cap of $315.41 billion, a price-to-earnings ratio of 317.22, a PEG ratio of 12.88 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period in the previous year, the company posted $0.37 earnings per share. The business’s revenue 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, sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Stephens lifted their price objective on shares of Palo Alto Networks from $180.00 to $300.00 and gave the company an “equal weight” rating in a report on Wednesday, June 3rd. TD Cowen reaffirmed a “buy” rating on shares of Palo Alto Networks in a report on Thursday, August 6th. Robert W. Baird set a $320.00 price target on Palo Alto Networks in a research report on Wednesday, June 3rd. Evercore restated an “outperform” rating and issued a $415.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, July 8th. Finally, Truist Financial increased their target price on Palo Alto Networks from $275.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $337.35.

Palo Alto Networks News Summary

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

• Positive Sentiment: Reports that autonomous AI agents developed by OpenAI and Anthropic conducted real-world hacking campaigns have increased attention on cybersecurity risks. Congressional calls for hearings could encourage greater spending on threat detection and protection, potentially benefiting Palo Alto Networks’ platform. Palo Alto Networks Stock Is Up, What You Need To Know
• Positive Sentiment: Citizens JMP raised its price target for PANW from $320 to $415 and maintained a “Market Outperform” rating. The revised target suggests additional upside from the referenced share price and reinforces bullish analyst sentiment.
• Positive Sentiment: The stock’s strong 2026 performance and move toward a new one-year high indicate continued momentum and investor interest in cybersecurity equities. Palo Alto Networks Reaches New 1-Year High
• Neutral Sentiment: Recent short-interest data reported zero shares sold short, with a zero-day short-interest ratio. Because the figures show no measurable short position and include an anomalous percentage change, they provide little actionable information about trading pressure.
• Negative Sentiment: At roughly 317 times earnings, Palo Alto Networks carries a demanding valuation. Sustaining the rally will likely require continued high growth and execution; any slowdown or weaker guidance could increase downside risk.

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.