18,965 Shares in Palo Alto Networks, Inc. $PANW Purchased by Field & Main Bank

Key Points

• Field & Main Bank acquired 18,965 Palo Alto Networks shares worth approximately $6.47 million, making PANW 1% of the bank’s portfolio and its 25th-largest holding. Institutional investors collectively own 79.82% of the company.
• Palo Alto Networks reported quarterly revenue of $3 billion, up 31.1% year over year, and EPS of $0.85, exceeding analyst expectations of $0.79. Analysts maintain a broadly positive outlook, with the stock holding a “Moderate Buy” consensus rating.
• Valuation and insider activity remain potential risks: PANW trades at a price-to-earnings ratio above 300, while insiders sold 38,835 shares worth approximately $11.1 million over the past 90 days.

Field & Main Bank acquired a new stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 18,965 shares of the network technology company's stock, valued at approximately $6,467,000. Palo Alto Networks makes up 1.0% of Field & Main Bank's holdings, making the stock its 25th biggest position.

Other large investors also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its holdings 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 buying an additional 53,485 shares during the last quarter. Aviva PLC lifted its position in Palo Alto Networks by 5.4% during the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company's stock worth $104,774,000 after acquiring an additional 29,230 shares during the last quarter. B&D White Capital Company LLC acquired a new stake in Palo Alto Networks during the 1st quarter worth approximately $353,000. Bridgewater Advisors Inc. acquired a new stake in shares of Palo Alto Networks during the second quarter worth $2,159,000. Finally, Granite Islands Private Wealth LLC boosted its holdings in Palo Alto Networks by 43.6% in the 1st 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. 79.82% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Palo Alto Networks

In related news, Director Helle Thorning-Schmidt sold 700 shares of the company's stock in a transaction that occurred on Tuesday, July 7th. The shares were sold at an average price of $346.85, for a total value of $242,795.00. Following the transaction, the director directly owned 5,898 shares in the company, valued at approximately $2,045,721.30. This represents a 10.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James J. Goetz sold 20,000 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the completion of the transaction, the director directly owned 20,000 shares in the company, valued at $5,598,000. The trade was a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 38,835 shares of company stock valued at $11,127,854 in the last ninety days. Insiders own 1.40% of the company's stock.

Palo Alto Networks Stock Performance

Shares of PANW opened at $371.59 on Friday. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $398.88. The stock has a market capitalization of $302.85 billion, a price-to-earnings ratio of 304.58, a price-to-earnings-growth ratio of 12.10 and a beta of 0.91. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The stock's 50-day simple moving average is $344.62 and its 200 day simple moving average is $248.45.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company had revenue of $3 billion during the quarter, compared to analysts' expectations of $2.94 billion. During the same quarter in the previous year, the company earned $0.37 earnings per share. Palo Alto Networks's revenue for the quarter was up 31.1% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. Research analysts forecast that Palo Alto Networks, Inc. will post 2.01 EPS for the current fiscal year.

Trending Headlines about Palo Alto Networks

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

• Positive Sentiment: Benchmark raised its price target to $400 from $340 and maintained a Buy rating, citing potential upside to next-generation security annual recurring revenue, revenue, operating income and margins. The forecast reinforces expectations that Palo Alto Networks’ AI-security strategy is gaining traction. Palo Alto Networks Gets a $400 Target
• Positive Sentiment: Investors are taking confidence from CrowdStrike’s stronger-than-expected results, which highlighted robust AI-related cybersecurity demand and lifted sentiment across the sector. Palo Alto Networks is viewed as a potential beneficiary of the same spending cycle. Palo Alto Networks Stock Trades Up
• Positive Sentiment: Platformization, adoption of AI-security products and recent deal wins are expected to support fourth-quarter growth. BTIG also assigned PANW a Buy rating, adding to broadly favorable analyst coverage. Palo Alto Networks to Report Q4 Earnings
• Neutral Sentiment: Earnings are the next major catalyst. Traders expect potentially significant movement after the report, while analysts are watching recurring revenue, margins, operating income and guidance—not just revenue and EPS. Expected Post-Earnings Stock Move
• Negative Sentiment: Acquisition-related costs could pressure results, and the stock’s triple-digit P/E ratio—above 300 based on the supplied data—means much of the AI-growth outlook may already be reflected in the price. Any shortfall in growth or guidance could trigger profit-taking. Palo Alto’s Rally Has One Big Problem Ahead of Earnings
• Negative Sentiment: Chief Accounting Officer Josh D. Paul sold 900 shares for approximately $318,000, reducing his position by 1.21%. The transaction is small relative to his remaining holdings but may create a modest sentiment headwind. Palo Alto Networks Insider Sale

Analysts Set New Price Targets

A number of analysts have recently weighed in on PANW shares. Benchmark upped their target price on Palo Alto Networks from $340.00 to $400.00 and gave the company a "buy" rating in a research report on Monday, August 24th. Rosenblatt Securities raised their price objective on shares of Palo Alto Networks from $275.00 to $355.00 and gave the company a "buy" rating in a report on Wednesday, June 3rd. Argus set a $425.00 target price on shares of Palo Alto Networks in a report on Tuesday, July 21st. Arete Research lifted their price target on shares of Palo Alto Networks from $185.00 to $433.00 and gave the company a "buy" rating in a research note on Monday, June 29th. Finally, Tigress Financial boosted their price objective on Palo Alto Networks from $245.00 to $430.00 and gave the company a "buy" rating in a report on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Palo Alto Networks presently has an average rating of "Moderate Buy" and a consensus price target of $368.42.

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.

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