Palo Alto Networks, Inc. $PANW Shares Sold by Middleton & Co. Inc. MA

Posted by Stanley Muller on Oct 25th, 2026

Middleton & Co. Inc. MA trimmed its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 5.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 86,365 shares of the network technology company’s stock after selling 5,298 shares during the period. Palo Alto Networks comprises approximately 3.6% of Middleton & Co. Inc. MA’s investment portfolio, making the stock its 6th largest holding. Middleton & Co. Inc. MA’s holdings in Palo Alto Networks were worth $34,314,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in PANW. Janney Montgomery Scott LLC boosted its position in Palo Alto Networks by 15.0% during the first quarter. Janney Montgomery Scott LLC now owns 410,401 shares of the network technology company’s stock worth $65,796,000 after purchasing an additional 53,485 shares during the period. B&D White Capital Company LLC purchased a new position in shares of Palo Alto Networks in the first quarter worth about $353,000. Bridgewater Advisors Inc. bought a new stake in shares of Palo Alto Networks in the second quarter valued at approximately $2,159,000. Granite Islands Private Wealth LLC raised 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 valued at $2,453,000 after purchasing an additional 4,659 shares during the period. Finally, Mn Services Vermogensbeheer B.V. lifted its stake in shares of Palo Alto Networks by 1.6% during the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 240,029 shares of the network technology company’s stock valued at $95,366,000 after buying an additional 3,700 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

Insiders Place Their Bets

In other Palo Alto Networks news, Director Aparna Bawa sold 250 shares of the firm’s stock in a transaction on Friday, October 9th. The shares were sold at an average price of $412.28, for a total value of $103,070.00. Following the completion of the transaction, the director directly owned 4,427 shares of the company’s stock, valued at $1,825,163.56. This trade represents a 5.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director James Goetz sold 20,000 shares of the firm’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $376.68, for a total transaction of $7,533,600.00. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 54,210 shares of company stock worth $20,823,029. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Up 7.2%

Shares of Palo Alto Networks stock opened at $380.55 on Friday. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $432.33. The company has a market cap of $311.29 billion, a price-to-earnings ratio of 746.19, a PEG ratio of 10.95 and a beta of 0.93. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 0.06. The company’s 50-day moving average price is $369.33 and its 200-day moving average price is $307.79.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last released its quarterly earnings data on Tuesday, September 1st. The network technology company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates 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%. Palo Alto Networks’s 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 analysts expect that Palo Alto Networks, Inc. will post 2.31 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Wedbush began coverage on shares of Palo Alto Networks in a report on Friday, September 11th. They issued an “outperform” rating and a $400.00 price objective for the company. Piper Sandler reiterated an “overweight” rating and issued a $410.00 price objective (up from $345.00) on shares of Palo Alto Networks in a research note on Wednesday, September 2nd. BTIG Research boosted their target price on shares of Palo Alto Networks from $404.00 to $425.00 and gave the company a “buy” rating in a report on Monday, September 28th. Stephens set a $400.00 target price on Palo Alto Networks and gave the stock an “equal weight” rating in a research report on Wednesday, September 2nd. Finally, TD Cowen reaffirmed a “buy” rating and issued a $440.00 price target (up from $400.00) on shares of Palo Alto Networks in a report on Friday, October 2nd. Thirty-nine investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $398.55.

View Our Latest Report 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.