Palo Alto Networks, Inc. $PANW Stock Purchased by Focus Financial Network Inc.

Posted by Brenda Bartman on Oct 14th, 2026

Focus Financial Network Inc. boosted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 41.8% during the third quarter, Holdings Channel reports. The firm owned 11,724 shares of the network technology company’s stock after buying an additional 3,458 shares during the quarter. Focus Financial Network Inc.’s holdings in Palo Alto Networks were worth $4,658,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Palo Alto Networks during the 2nd quarter worth $25,833,462,000. Legal & General Group Plc purchased a new stake in shares of Palo Alto Networks in the 2nd quarter worth about $1,968,304,000. Bank of New York Mellon Corp acquired a new stake in Palo Alto Networks in the 2nd quarter valued at about $1,569,755,000. Deutsche Bank AG acquired a new stake in Palo Alto Networks in the 2nd quarter valued at about $1,481,236,000. Finally, Bank of America Corp DE increased its holdings in Palo Alto Networks by 16.0% during the 1st quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company’s stock valued at $3,603,473,000 after acquiring an additional 3,101,267 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Buying and Selling at Palo Alto Networks

In other news, Director James Goetz sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $376.68, for a total value of $7,533,600.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Aparna Bawa sold 250 shares of the company’s stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $412.28, for a total transaction of $103,070.00. Following the transaction, the director directly owned 4,427 shares in the company, valued at $1,825,163.56. The trade was a 5.35% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 54,210 shares of company stock valued at $20,823,029. Corporate insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Down 1.7%

Palo Alto Networks stock opened at $397.03 on Wednesday. The stock has a market cap of $324.77 billion, a PE ratio of 778.51, a P/E/G ratio of 11.62 and a beta of 0.93. The stock has a 50-day moving average price of $372.63 and a 200 day moving average price of $297.62. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $432.33. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.06.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last released its earnings results on Tuesday, September 1st. The network technology company reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.04. The company had revenue of $3.41 billion for 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 quarterly revenue was up 34.5% on a year-over-year basis. During the same period in the prior year, the firm 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. Equities research analysts predict that Palo Alto Networks, Inc. will post 2.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on PANW. Stifel Nicolaus set a $415.00 target price on shares of Palo Alto Networks and gave the stock a “buy” rating in a research report on Wednesday, August 19th. UBS Group reaffirmed a “neutral” rating and issued a $390.00 price target (up from $300.00) on shares of Palo Alto Networks in a report on Wednesday, August 19th. Phillip Securities lowered shares of Palo Alto Networks from a “moderate buy” rating to a “hold” rating and increased their price target for the company from $320.00 to $346.00 in a research report on Monday, September 7th. BTIG Research raised their price objective on shares of Palo Alto Networks from $404.00 to $425.00 and gave the stock a “buy” rating in a research note on Monday, September 28th. Finally, Susquehanna lifted their price objective on Palo Alto Networks from $350.00 to $415.00 and gave the stock a “positive” rating in a research report on Wednesday, September 2nd. Thirty-eight research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $392.38.

Read Our Latest Research Report on Palo Alto Networks

Palo Alto Networks 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.