Trust Investment Advisors Has $2.67 Million Holdings in Palo Alto Networks, Inc. $PANW

Trust Investment Advisors lessened its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 4.9% during the 2nd quarter, Holdings Channel.com reports. The fund owned 13,039 shares of the network technology company’s stock after selling 672 shares during the period. Palo Alto Networks comprises approximately 1.6% of Trust Investment Advisors’ investment portfolio, making the stock its 10th biggest position. Trust Investment Advisors’ holdings in Palo Alto Networks were worth $2,668,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Palo Alto Networks during the 1st quarter valued at $261,000. Strive Asset Management LLC increased its position in Palo Alto Networks by 16.6% during the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock worth $358,000 after buying an additional 299 shares during the last quarter. Avity Investment Management Inc. raised its holdings in Palo Alto Networks by 37.9% during the second quarter. Avity Investment Management Inc. now owns 181,691 shares of the network technology company’s stock valued at $37,181,000 after buying an additional 49,971 shares in the last quarter. Czech National Bank lifted its position in shares of Palo Alto Networks by 6.4% in the second quarter. Czech National Bank now owns 161,840 shares of the network technology company’s stock worth $33,119,000 after buying an additional 9,766 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Palo Alto Networks by 8.0% during the 1st quarter. Nisa Investment Advisors LLC now owns 137,663 shares of the network technology company’s stock worth $23,491,000 after acquiring an additional 10,180 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Morgan Stanley raised their price objective on Palo Alto Networks from $210.00 to $216.00 and gave the company an “overweight” rating in a research note on Tuesday, September 2nd. BMO Capital Markets increased their price target on Palo Alto Networks from $217.00 to $225.00 and gave the company an “outperform” rating in a report on Tuesday, August 19th. Truist Financial set a $220.00 price objective on shares of Palo Alto Networks and gave the stock a “buy” rating in a research note on Tuesday, August 19th. Jefferies Financial Group set a $235.00 target price on shares of Palo Alto Networks in a research note on Tuesday, July 29th. Finally, JMP Securities lifted their target price on shares of Palo Alto Networks from $212.00 to $250.00 and gave the stock a “market outperform” rating in a report on Monday. Thirty research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Palo Alto Networks presently has an average rating of “Moderate Buy” and a consensus target price of $218.17.

Palo Alto Networks Price Performance

NASDAQ:PANW opened at $220.29 on Tuesday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $221.09. The company has a fifty day moving average price of $201.67 and a 200 day moving average price of $192.92. The stock has a market cap of $147.35 billion, a P/E ratio of 137.25, a PEG ratio of 5.16 and a beta of 0.98.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter in the previous year, the firm posted $0.75 EPS. The business’s revenue 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. As a group, equities research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Insider Transactions at Palo Alto Networks

In related news, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $211.92, for a total value 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 approximately $31,616,344.80. This represents a 44.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Nir Zuk sold 100,000 shares of the firm’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $172.80, for a total value of $17,280,000.00. Following the completion of the transaction, the executive vice president directly owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is currently owned by company insiders.

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.