Palo Alto Networks, Inc. $PANW Shares Acquired by Field & Main Bank

Field & Main Bank grew its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,050 shares of the network technology company’s stock after buying an additional 329 shares during the period. Palo Alto Networks accounts for about 1.2% of Field & Main Bank’s investment portfolio, making the stock its 23rd biggest holding. Field & Main Bank’s holdings in Palo Alto Networks were worth $3,694,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Whipplewood Advisors LLC lifted its stake in Palo Alto Networks by 6,400.0% during the second quarter. Whipplewood Advisors LLC now owns 130 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 128 shares during the last quarter. Briaud Financial Planning Inc bought a new position in Palo Alto Networks during the second quarter valued at about $28,000. Dagco Inc. acquired a new position in Palo Alto Networks during the first quarter valued at approximately $33,000. WPG Advisers LLC bought a new position in shares of Palo Alto Networks in the first quarter worth about $37,000. Finally, Strategic Investment Solutions Inc. IL boosted its position in shares of Palo Alto Networks by 58.9% in the first quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after acquiring an additional 83 shares during the period. 79.82% of the stock is owned by institutional investors and hedge funds.

Palo Alto Networks Stock Performance

PANW opened at $217.16 on Thursday. The business’s fifty day moving average is $203.12 and its 200-day moving average is $193.64. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $223.61. The firm has a market cap of $145.26 billion, a P/E ratio of 135.30, a price-to-earnings-growth ratio of 5.26 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.06. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.50 billion. During the same quarter in the prior year, the firm earned $0.75 EPS. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, research analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

PANW has been the topic of several analyst reports. Jefferies Financial Group set a $235.00 price target on shares of Palo Alto Networks in a report on Tuesday, July 29th. Rosenblatt Securities decreased their price target on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a research note on Thursday, August 14th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Palo Alto Networks in a research note on Wednesday, October 8th. Needham & Company LLC reaffirmed a “buy” rating and issued a $230.00 price target on shares of Palo Alto Networks in a research note on Wednesday, September 3rd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $232.00 price target on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $218.17.

Insider Activity at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the sale, the executive vice president owned 96,135 shares of the company’s stock, valued at approximately $19,629,805.65. This represents a 4.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the completion of the transaction, the executive vice president directly owned 149,190 shares in the company, valued at $31,616,344.80. The trade was a 44.74% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,315,130 shares of company stock valued at $260,687,367 over the last three months. Insiders own 2.50% of the company’s stock.

About Palo Alto Networks

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.