Palo Alto Networks, Inc. $PANW Shares Bought by Harbour Trust & Investment Management Co

Harbour Trust & Investment Management Co grew its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 7.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 56,340 shares of the network technology company’s stock after purchasing an additional 4,010 shares during the quarter. Palo Alto Networks makes up approximately 1.2% of Harbour Trust & Investment Management Co’s holdings, making the stock its 25th biggest holding. Harbour Trust & Investment Management Co’s holdings in Palo Alto Networks were worth $11,472,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. raised its stake in Palo Alto Networks by 2.0% during the second quarter. Vanguard Group Inc. now owns 64,016,374 shares of the network technology company’s stock valued at $13,100,311,000 after buying an additional 1,240,830 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Palo Alto Networks by 1.1% in the 2nd quarter. Geode Capital Management LLC now owns 15,174,029 shares of the network technology company’s stock worth $3,093,262,000 after acquiring an additional 169,055 shares in the last quarter. First Trust Advisors LP increased its holdings in shares of Palo Alto Networks by 7.7% in the 2nd quarter. First Trust Advisors LP now owns 5,295,588 shares of the network technology company’s stock valued at $1,083,689,000 after acquiring an additional 377,496 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Palo Alto Networks by 1.2% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 4,476,638 shares of the network technology company’s stock valued at $916,099,000 after acquiring an additional 54,601 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Palo Alto Networks during the 2nd quarter valued at approximately $675,865,000. Institutional investors own 79.82% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. DA Davidson set a $240.00 target price on shares of Palo Alto Networks in a research note on Friday, December 19th. Mizuho set a $220.00 price objective on shares of Palo Alto Networks in a research report on Tuesday, December 16th. JPMorgan Chase & Co. reiterated an “overweight” rating and set a $235.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, December 17th. HSBC lowered Palo Alto Networks from a “hold” rating to a “reduce” rating and set a $157.00 target price for the company. in a report on Thursday, November 20th. Finally, TD Cowen raised their price target on Palo Alto Networks from $230.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Thirty-one analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $229.09.

Palo Alto Networks Trading Down 1.7%

Shares of NASDAQ:PANW opened at $187.73 on Friday. The firm’s 50 day moving average is $191.84 and its two-hundred day moving average is $195.80. The firm has a market capitalization of $130.85 billion, a P/E ratio of 118.82, a PEG ratio of 4.55 and a beta of 0.76. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Thursday, November 20th. The network technology company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. Palo Alto Networks had a return on equity of 17.05% and a net margin of 11.69%.The business had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.46 billion. During the same period in the prior year, the company posted $1.56 EPS. The business’s revenue for the quarter was up 15.7% compared to the same quarter last year. Analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insiders Place Their Bets

In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the firm’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $217.94, for a total transaction of $26,321,485.56. Following the transaction, the executive vice president owned 356,409 shares of the company’s stock, valued at approximately $77,675,777.46. This trade represents a 25.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Josh D. Paul sold 800 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $184.81, for a total transaction of $147,848.00. Following the completion of the sale, the chief accounting officer directly owned 46,005 shares of the company’s stock, valued at approximately $8,502,184.05. This represents a 1.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 382,016 shares of company stock worth $76,386,460. 1.40% of the stock is owned by company insiders.

Trending Headlines about Palo Alto Networks

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Analyst optimism: recent articles highlight Wall Street bullishness on PANW and discuss whether the stock is a buy, supporting positive sentiment around the name. Wall Street Bulls Look Optimistic About Palo Alto (PANW): Should You Buy?
• Positive Sentiment: Pre-market strength: PANW was mentioned among names rising in premarket trade, a short-term technical/flow positive that can lift momentum. Bank of America, Honeywell and Palo Alto rise premarket; Wells Fargo falls
• Neutral Sentiment: Earnings‑surprise scanner note: Zacks promoted its Earnings ESP tool as a way to find potential beats in the computer & technology sector — useful for investors but not specific proof PANW will surprise. These 2 Computer and Technology Stocks Could Beat Earnings
• Neutral Sentiment: Competitive/sector development: CrowdStrike’s $740M SGNL acquisition highlights identity/security consolidation and product evolution in the endpoint/identity market — a strategic move that shifts competitive dynamics but is not an immediate PANW-specific earnings event. Investors should watch how PANW responds strategically. Why CrowdStrike’s SGNL Acquisition Matters for CRWD Stock
• Negative Sentiment: KeyCorp lowered/issued quarterly EPS forecasts for 2027: analyst E. Heath provided Q1–Q4 2027 EPS estimates (Q1 $0.60, Q2 $0.61, Q3 $0.55, Q4 $0.73) implying full‑year pressure versus recent results; lower near‑term EPS expectations can weigh on shares if investors had higher growth assumptions. KeyCorp Q1–Q4 2027 EPS Estimates for Palo Alto Networks
• Negative Sentiment: Insider selling: Lee Klarich, a senior executive, sold 120,768 PANW shares — a sale of this size can be interpreted negatively by the market even if it’s routine diversification. Lee Klarich Sells 120,768 Shares of Palo Alto Networks (NASDAQ:PANW) Stock

Palo Alto Networks Company Profile

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.