Trust Investment Advisors Cuts Stake in Palo Alto Networks, Inc. $PANW

by · The Cerbat Gem

Trust Investment Advisors cut its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 4.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,039 shares of the network technology company’s stock after selling 672 shares during the period. Palo Alto Networks makes up about 1.6% of Trust Investment Advisors’ investment portfolio, making the stock its 10th largest holding. Trust Investment Advisors’ holdings in Palo Alto Networks were worth $2,668,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Whipplewood Advisors LLC grew its stake in shares of Palo Alto Networks by 6,400.0% in the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after purchasing an additional 128 shares in the last quarter. Briaud Financial Planning Inc bought a new stake in Palo Alto Networks in the second quarter worth about $28,000. Dagco Inc. acquired a new stake in Palo Alto Networks in the 1st quarter valued at about $33,000. WPG Advisers LLC bought a new position in shares of Palo Alto Networks during the 1st quarter valued at about $37,000. Finally, Strategic Investment Solutions Inc. IL grew its stake in shares of Palo Alto Networks by 58.9% in the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after purchasing an additional 83 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on PANW shares. BTIG Research raised shares of Palo Alto Networks from a “neutral” rating to a “buy” rating in a research note on Monday, October 13th. Westpark Capital reiterated a “hold” rating on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Stephens reissued an “equal weight” rating and set a $205.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 19th. New Street Research boosted their target price on Palo Alto Networks from $235.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Finally, Bank of America increased their price target on Palo Alto Networks from $215.00 to $240.00 and gave the company a “buy” rating in a research report on Monday, October 20th. Thirty analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $218.17.

Get Our Latest Report on PANW

Insider Buying and Selling at Palo Alto Networks

In related news, CEO Nikesh Arora sold 846,408 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the transaction, the chief executive officer directly owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. The trade was a 75.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Josh D. Paul sold 700 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $202.16, for a total transaction of $141,512.00. Following the completion of the transaction, the chief accounting officer owned 32,474 shares in the company, valued at approximately $6,564,943.84. This represents a 2.11% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,315,130 shares of company stock valued at $260,687,367 in the last 90 days. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Trading Up 1.5%

Shares of PANW stock opened at $220.29 on Tuesday. The company has a market capitalization of $147.35 billion, a price-to-earnings ratio of 137.25, a P/E/G ratio of 5.16 and a beta of 0.98. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $221.09. The stock’s fifty day simple moving average is $201.67 and its 200-day simple moving average is $192.92.

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 (EPS) for the quarter, topping 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 the consensus estimate of $2.50 billion. During the same period in the prior year, the business earned $0.75 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

About Palo Alto Networks

(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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