Glenview Trust co Grows Stake in Palo Alto Networks, Inc. $PANW

by · The Cerbat Gem

Glenview Trust co raised its stake in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 3.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,545 shares of the network technology company’s stock after purchasing an additional 353 shares during the quarter. Glenview Trust co’s holdings in Palo Alto Networks were worth $1,629,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Csenge Advisory Group raised its position in Palo Alto Networks by 2.4% in the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock valued at $381,000 after purchasing an additional 53 shares during the period. GSG Advisors LLC increased its position in shares of Palo Alto Networks by 0.4% during the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock worth $2,154,000 after acquiring an additional 54 shares during the last quarter. SYM FINANCIAL Corp increased its position in shares of Palo Alto Networks by 1.4% during the first quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company’s stock worth $691,000 after acquiring an additional 55 shares during the last quarter. Crew Capital Management Ltd. increased its position in shares of Palo Alto Networks by 2.5% during the first quarter. Crew Capital Management Ltd. now owns 2,310 shares of the network technology company’s stock worth $394,000 after acquiring an additional 57 shares during the last quarter. Finally, TFB Advisors LLC increased its position in shares of Palo Alto Networks by 1.9% during the first quarter. TFB Advisors LLC now owns 3,084 shares of the network technology company’s stock worth $526,000 after acquiring an additional 58 shares during the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Palo Alto Networks Stock Down 0.1%

Shares of Palo Alto Networks stock opened at $197.33 on Thursday. The firm has a market cap of $131.99 billion, a P/E ratio of 122.95, a P/E/G ratio of 4.71 and a beta of 0.98. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $210.39. The business has a 50-day moving average price of $188.20 and a 200 day moving average price of $185.83.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same period in the previous year, the company earned $0.75 earnings per share. Palo Alto Networks’s quarterly revenue was up 15.8% on a year-over-year basis. 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 year.

Insider Buying and Selling

In other Palo Alto Networks news, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the transaction, the executive vice president directly owned 3,143,516 shares in the company, valued at $543,199,564.80. The trade was a 3.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $201.85, for a total value of $1,009,250.00. Following the completion of the transaction, the executive vice president owned 101,135 shares of the company’s stock, valued at approximately $20,414,099.75. The trade was a 4.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 569,422 shares of company stock valued at $106,629,618. 2.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

PANW has been the topic of a number of analyst reports. KeyCorp lowered Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research report on Thursday, July 31st. Guggenheim lifted their target price on Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research report on Tuesday, August 19th. Needham & Company LLC reaffirmed a “buy” rating and set a $230.00 target price on shares of Palo Alto Networks in a research report on Wednesday, September 3rd. Morgan Stanley lifted their target price on Palo Alto Networks from $210.00 to $216.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 2nd. Finally, UBS Group set a $185.00 target price on Palo Alto Networks and gave the stock a “neutral” rating in a research report on Tuesday, August 12th. Twenty-eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $211.68.

Read Our Latest Research Report on Palo Alto Networks

Palo Alto Networks Profile

(Free Report)

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.

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