Coastline Trust Co Sells 2,191 Shares of Palo Alto Networks, Inc. $PANW

Posted by Stanley Muller on Oct 1st, 2026

Coastline Trust Co cut its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 3.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 67,708 shares of the network technology company’s stock after selling 2,191 shares during the period. Palo Alto Networks accounts for approximately 2.5% of Coastline Trust Co’s holdings, making the stock its 12th biggest holding. Coastline Trust Co’s holdings in Palo Alto Networks were worth $26,901,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Janney Montgomery Scott LLC lifted its holdings in shares of Palo Alto Networks by 15.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock valued at $65,796,000 after acquiring an additional 53,485 shares in the last quarter. Aviva PLC increased its holdings in Palo Alto Networks by 5.4% in 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 in the last quarter. B&D White Capital Company LLC purchased a new position in Palo Alto Networks in the first quarter valued at about $353,000. Bridgewater Advisors Inc. acquired a new position in shares of Palo Alto Networks during the second quarter worth about $2,159,000. Finally, Granite Islands Private Wealth LLC boosted its position in shares of Palo Alto Networks by 43.6% in the first quarter. Granite Islands Private Wealth LLC now owns 15,342 shares of the network technology company’s stock worth $2,453,000 after buying an additional 4,659 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on PANW shares. Evercore reiterated an “outperform” rating on shares of Palo Alto Networks in a report on Monday, August 31st. Jefferies Financial Group reaffirmed a “buy” rating and issued a $450.00 price objective (up from $335.00) on shares of Palo Alto Networks in a research report on Friday, August 28th. Oppenheimer reiterated an “outperform” rating and set a $450.00 price objective (up from $400.00) on shares of Palo Alto Networks in a research note on Wednesday, September 2nd. FBN Securities restated an “outperform” rating on shares of Palo Alto Networks in a research note on Wednesday, July 1st. Finally, Argus reaffirmed a “buy” rating and set a $425.00 price target on shares of Palo Alto Networks in a report on Thursday, September 3rd. Thirty-eight equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $390.47.

Read Our Latest Stock Analysis on PANW

Insider Buying and Selling

In other news, Director Aparna Bawa sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $373.61, for a total value of $373,610.00. Following the completion of the sale, the director directly owned 5,437 shares in the company, valued at approximately $2,031,317.57. The trade was a 15.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Josh Paul sold 900 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $373.68, for a total value of $336,312.00. Following the sale, the chief accounting officer directly owned 72,484 shares in the company, valued at approximately $27,085,821.12. This represents a 1.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 54,260 shares of company stock worth $20,804,474. 1.40% of the stock is currently owned by insiders.

Key Headlines Impacting Palo Alto Networks

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

Positive Sentiment: An analyst upgrade helped drive renewed buying in PANW, reinforcing the bullish view after the company’s recent earnings beat. Palo Alto Networks Stock Jumps 4.6% Following Analyst Upgrade
Positive Sentiment: Investors continue to respond to robust demand for cybersecurity products, particularly AI-related security solutions. Palo Alto Networks recently reported revenue growth of 34.5% year over year and exceeded quarterly EPS and revenue expectations, supporting optimism about its growth outlook. Why Is Palo Alto Up 21% Since Last Earnings Report?
Positive Sentiment: Cooler-than-expected inflation reduced concerns about additional Federal Reserve rate hikes. Lower expected rates generally support high-growth software and cybersecurity stocks by improving the appeal of future earnings. Palo Alto Stock Rises on Cool Inflation, Easing Fed Fears
Neutral Sentiment: Investor commentary remains broadly bullish on Palo Alto Networks and CrowdStrike as AI elevates cybersecurity in corporate technology budgets, but the comparison highlights that expectations for both companies are already high. All In On Cybersecurity: Palo Alto Networks or CrowdStrike
Negative Sentiment: Potential headwinds include rising costs, a very elevated valuation and a GAAP loss, which could limit further gains or prompt profit-taking after the recent rally. Insider sales by directors and executives may also weigh modestly on sentiment, though the reported transactions do not by themselves indicate a change in the company’s fundamentals. PANW Stock Rises 21% in a Month: Should You Hold or Book Profits? Insider Aparna Bawa Sells Shares Insider Dipak Golechha Sells Shares

Palo Alto Networks Stock Down 1.7%

Shares of PANW stock traded down $6.88 during mid-day trading on Thursday, reaching $390.43. 2,425,864 shares of the company were exchanged, compared to its average volume of 8,349,759. The company has a market capitalization of $319.37 billion, a P/E ratio of 764.51, a P/E/G ratio of 11.18 and a beta of 0.91. The business’s 50 day simple moving average is $359.05 and its 200 day simple moving average is $282.33. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.87 and a current ratio of 0.87. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $404.69.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last announced its quarterly earnings data on Tuesday, September 1st. The network technology company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.04. The company had revenue of $3.41 billion during the quarter, compared to analyst estimates of $3.35 billion. Palo Alto Networks had a net margin of 2.67% and a return on equity of 8.50%. The firm’s revenue for the quarter was up 34.5% compared to the same quarter last year. During the same period last year, the business earned $0.95 EPS. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. Research analysts predict that Palo Alto Networks, Inc. will post 2.31 earnings per share for the current year.

Palo Alto Networks Company Profile

(Free Report)

Palo Alto Networks, Inc is a cybersecurity company that provides solutions designed to help organizations protect networks, endpoints, cloud environments, applications and users from cyber threats. Its offerings include next-generation firewalls, cloud-delivered security services, secure access service edge (SASE) solutions, endpoint protection and security operations tools.

The company also provides platforms and services for cloud security, threat intelligence, incident response, vulnerability management and the automation of security operations.