2,095 Palo Alto Networks, Inc. $PANW Shares Purchased by Crossmark Global Holdings Inc.

Posted by Francis Steltz on Oct 22nd, 2026

Crossmark Global Holdings Inc. lifted its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 5.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 42,885 shares of the network technology company’s stock after buying an additional 2,095 shares during the period. Crossmark Global Holdings Inc.’s holdings in Palo Alto Networks were worth $17,039,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Solstein Capital LLC acquired a new position in shares of Palo Alto Networks during the second quarter valued at $26,000. N.E.W. Advisory Services LLC acquired a new stake in Palo Alto Networks in the 2nd quarter valued at approximately $27,000. Delos Wealth Advisors LLC bought a new stake in Palo Alto Networks during the 2nd quarter valued at $28,000. Principia Wealth Advisory LLC raised its stake in shares of Palo Alto Networks by 125.0% during the second quarter. Principia Wealth Advisory LLC now owns 81 shares of the network technology company’s stock valued at $28,000 after purchasing an additional 45 shares in the last quarter. Finally, EMC Capital Management acquired a new stake in Palo Alto Networks in the second quarter worth about $34,000. 79.82% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CAO Josh Paul sold 900 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $373.68, for a total value of $336,312.00. Following the transaction, the chief accounting officer directly owned 72,484 shares of the company’s stock, valued at $27,085,821.12. The trade was a 1.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Dipak Golechha sold 27,500 shares of Palo Alto Networks stock in a transaction dated Thursday, September 24th. The shares were sold at an average price of $391.60, for a total value of $10,769,000.00. Following the completion of the transaction, the executive vice president directly owned 117,750 shares of the company’s stock, valued at $46,110,900. This represents a 18.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 54,210 shares of company stock valued at $20,823,029 in the last ninety days. 1.40% of the stock is owned by corporate insiders.

Palo Alto Networks Stock Up 2.0%

Shares of PANW opened at $347.25 on Thursday. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $432.33. The firm has a market capitalization of $284.05 billion, a P/E ratio of 680.90, a P/E/G ratio of 9.79 and a beta of 0.93. The company has a 50-day simple moving average of $370.23 and a 200-day simple moving average of $305.93. 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 (NASDAQ:PANW – Get Free Report) last issued its earnings results on Tuesday, September 1st. The network technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.98 by $0.04. The firm had revenue of $3.41 billion during the quarter, compared to analysts’ expectations of $3.35 billion. Palo Alto Networks had a return on equity of 8.50% and a net margin of 2.67%. Palo Alto Networks’s quarterly revenue was up 34.5% compared to the same quarter last year. During the same period last year, the business earned $0.95 earnings per share. 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. On average, equities research analysts expect that Palo Alto Networks, Inc. will post 2.31 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on PANW shares. TD Cowen reiterated a “buy” rating and issued a $440.00 price objective (up from $400.00) on shares of Palo Alto Networks in a report on Friday, October 2nd. BMO Capital Markets reissued an “outperform” rating and set a $415.00 price objective (up from $335.00) on shares of Palo Alto Networks in a research note on Thursday, August 20th. Benchmark boosted their price target on shares of Palo Alto Networks from $340.00 to $400.00 and gave the company a “buy” rating in a report on Monday, August 24th. Argus restated a “buy” rating and set a $425.00 price objective on shares of Palo Alto Networks in a research report on Thursday, September 3rd. Finally, HSBC lowered their target price on Palo Alto Networks from $201.00 to $190.00 in a research note on Thursday, September 3rd. Thirty-nine equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $398.55.

Get Our Latest Analysis on PANW

Palo Alto Networks Company Profile

(Free Report)

Palo Alto Networks, Inc (NASDAQ:PANW) is a global cybersecurity company that helps organizations protect networks, cloud environments, endpoints, and digital infrastructure. Its offerings are designed to prevent cyberattacks, identify security risks, monitor activity, and support incident response across enterprise, government, and service-provider environments.

The company’s portfolio includes network security products such as next-generation firewalls and security operations tools; Prisma, its cloud security platform; and Cortex, a suite focused on endpoint protection, threat detection, security analytics, and automated response.