Palo Alto Networks, Inc. $PANW Shares Purchased by Texas Bank & Trust Co

Texas Bank & Trust Co raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.5% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 5,511 shares of the network technology company’s stock after buying an additional 288 shares during the quarter. Texas Bank & Trust Co’s holdings in Palo Alto Networks were worth $1,128,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of PANW. Whipplewood Advisors LLC increased its stake in shares of Palo Alto Networks by 6,400.0% during the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock worth $27,000 after acquiring an additional 128 shares during the period. Briaud Financial Planning Inc purchased a new stake in Palo Alto Networks in the 2nd quarter valued at approximately $28,000. Dagco Inc. acquired a new position in Palo Alto Networks during the 1st quarter worth approximately $33,000. WPG Advisers LLC purchased a new position in shares of Palo Alto Networks during the 1st quarter worth approximately $37,000. Finally, Strategic Investment Solutions Inc. IL raised its stake in shares of Palo Alto Networks by 58.9% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock worth $38,000 after buying an additional 83 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Analyst Upgrades and Downgrades

PANW has been the topic of a number of analyst reports. Bank of America lifted their price target on Palo Alto Networks from $215.00 to $240.00 and gave the company a “buy” rating in a research note on Monday, October 20th. DA Davidson reaffirmed a “buy” rating and set a $215.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Truist Financial set a $220.00 price target on shares of Palo Alto Networks and gave the company a “buy” rating in a report on Tuesday, August 19th. Westpark Capital reissued a “hold” rating on shares of Palo Alto Networks in a report on Tuesday, August 19th. Finally, Mizuho upped their target price on shares of Palo Alto Networks from $210.00 to $220.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Thirty investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $218.17.

Palo Alto Networks Stock Up 0.9%

Shares of NASDAQ:PANW opened at $220.24 on Monday. The company has a market capitalization of $147.32 billion, a P/E ratio of 137.22, a P/E/G ratio of 5.24 and a beta of 0.95. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $223.61. The stock’s fifty day simple moving average is $204.51 and its 200-day simple moving average is $194.47.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results 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. The firm had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.75 EPS. 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 anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insider Activity

In related news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the transaction, the executive vice president owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. This represents a 4.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Lee Klarich sold 120,774 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the sale, the executive vice president owned 177,954 shares in the company, valued at approximately $34,008,788.94. This trade represents a 40.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,094,356 shares of company stock worth $222,684,964. Corporate insiders own 2.50% of the company’s stock.

Palo Alto Networks Company Profile

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.