UMB Bank n.a. Sells 3,749 Shares of Palo Alto Networks, Inc. $PANW

UMB Bank n.a. decreased its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 93,872 shares of the network technology company’s stock after selling 3,749 shares during the quarter. UMB Bank n.a.’s holdings in Palo Alto Networks were worth $19,210,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Capital A Wealth Management LLC bought a new stake in shares of Palo Alto Networks in the 4th quarter valued at about $29,000. HWG Holdings LP bought a new position in shares of Palo Alto Networks during the first quarter worth about $31,000. Dagco Inc. acquired a new position in shares of Palo Alto Networks in the first quarter worth approximately $33,000. Marshall & Sullivan Inc. WA bought a new stake in Palo Alto Networks in the second quarter valued at approximately $41,000. Finally, SWAN Capital LLC increased its position in Palo Alto Networks by 100.0% during the 4th quarter. SWAN Capital LLC now owns 200 shares of the network technology company’s stock valued at $36,000 after purchasing an additional 100 shares during the period. 79.82% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, EVP Nir Zuk sold 100,000 shares of the company’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the sale, the executive vice president owned 3,143,516 shares in the company, valued at $543,199,564.80. This represents a 3.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Josh D. Paul sold 700 shares of the firm’s stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $184.20, for a total transaction of $128,940.00. Following the transaction, the chief accounting officer directly owned 37,723 shares in the company, valued at $6,948,576.60. The trade was a 1.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 568,622 shares of company stock valued at $106,468,778. Company insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of Palo Alto Networks stock opened at $208.19 on Friday. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $210.39. The stock has a 50 day moving average price of $188.60 and a two-hundred day moving average price of $186.52. The stock has a market capitalization of $139.26 billion, a PE ratio of 129.71, a price-to-earnings-growth ratio of 4.90 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the previous year, the business posted $0.75 EPS. 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. Research analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the stock. JMP Securities reiterated a “market outperform” rating and set a $212.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Truist Financial set a $220.00 price objective on Palo Alto Networks and gave the stock a “buy” rating in a research report on Tuesday, August 19th. Cantor Fitzgerald restated an “overweight” rating and set a $223.00 target price on shares of Palo Alto Networks in a research report on Friday, August 15th. Stephens reaffirmed an “equal weight” rating and set a $205.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, KeyCorp lowered Palo Alto Networks from an “overweight” rating to a “sector weight” rating in a research note on Thursday, July 31st. Twenty-nine research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $212.39.

Palo Alto Networks 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.