Mitsubishi UFJ Asset Management Co. Ltd. Purchases Shares of 2,090,819 Palo Alto Networks, Inc. $PANW

Posted by Brian Himes on Aug 17th, 2026

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 2,090,819 shares of the network technology company’s stock, valued at approximately $713,011,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Janney Montgomery Scott LLC lifted its stake in Palo Alto Networks by 15.0% in the first quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock worth $65,796,000 after acquiring an additional 53,485 shares during the period. Aviva PLC increased its position in Palo Alto Networks by 5.4% during the 4th quarter. Aviva PLC now owns 568,804 shares of the network technology company’s stock valued at $104,774,000 after purchasing an additional 29,230 shares during the period. B&D White Capital Company LLC bought a new position in Palo Alto Networks in the 1st quarter worth $353,000. Bridgewater Advisors Inc. bought a new position in Palo Alto Networks in the 2nd quarter worth $2,159,000. Finally, Granite Islands Private Wealth LLC lifted its position in shares of Palo Alto Networks by 43.6% in the 1st quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock worth $2,453,000 after purchasing an additional 4,659 shares during the period. 79.82% of the stock is owned by institutional investors.

Insider Activity

In related news, Director John P. Key sold 7,500 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.24, for a total value of $2,094,300.00. Following the sale, the director owned 12,500 shares in the company, valued at $3,490,500. This represents a 37.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Josh D. Paul sold 1,100 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $285.08, for a total value of $313,588.00. Following the transaction, the chief accounting officer directly owned 81,636 shares of the company’s stock, valued at approximately $23,272,790.88. This trade represents a 1.33% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 101,239 shares of company stock valued at $27,174,360. 1.40% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Tigress Financial lifted their target price on shares of Palo Alto Networks from $245.00 to $430.00 and gave the company a “buy” rating in a research note on Wednesday, July 15th. Cantor Fitzgerald set a $340.00 price target on shares of Palo Alto Networks and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. Truist Financial raised their price objective on shares of Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Guggenheim cut Palo Alto Networks from a “neutral” rating to a “reduce” rating in a research report on Wednesday, May 27th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $434.00 target price (up from $330.00) on shares of Palo Alto Networks in a report on Friday. One investment 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 given a Sell rating to the stock. Based on data from MarketBeat.com, Palo Alto Networks currently has an average rating of “Moderate Buy” and an average target price of $339.61.

Get Our Latest Stock Report on PANW

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $384.27 on Monday. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $398.88. The firm has a market cap of $313.18 billion, a price-to-earnings ratio of 314.98, a PEG ratio of 12.89 and a beta of 0.91. The company has a 50-day moving average of $328.02 and a 200 day moving average of $235.70. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

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

Palo Alto Networks Company Profile

(Free Report)

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.