Palo Alto Networks, Inc. $PANW Shares Bought by Rathbones Group PLC

Rathbones Group PLC raised its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 1.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 868,983 shares of the network technology company’s stock after buying an additional 9,816 shares during the quarter. Rathbones Group PLC owned approximately 0.13% of Palo Alto Networks worth $176,942,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of PANW. Darwin Wealth Management LLC acquired a new position in shares of Palo Alto Networks in the 2nd quarter valued at $25,000. Howard Hughes Medical Institute purchased a new stake in Palo Alto Networks in the 2nd quarter valued at $29,000. Winch Advisory Services LLC boosted its stake in Palo Alto Networks by 96.1% during the 3rd quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock worth $30,000 after purchasing an additional 73 shares during the period. MTM Investment Management LLC purchased a new position in Palo Alto Networks during the 2nd quarter worth $31,000. Finally, Caitlin John LLC acquired a new position in Palo Alto Networks in the third quarter valued at $31,000. 79.82% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Palo Alto Networks

In other news, EVP Lee Klarich sold 120,768 shares of Palo Alto Networks stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $191.03, for a total transaction of $23,070,311.04. Following the completion of the sale, the executive vice president directly owned 298,887 shares in the company, valued at approximately $57,096,383.61. This trade represents a 28.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James J. Goetz sold 12,500 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $195.33, for a total value of $2,441,625.00. Following the sale, the director directly owned 75,184 shares in the company, valued at $14,685,690.72. This trade represents a 14.26% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 139,068 shares of company stock valued at $26,600,684. 1.40% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on PANW. Evercore increased their target price on shares of Palo Alto Networks from $220.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Citigroup restated a “buy” rating and issued a $210.00 price target (down from $235.00) on shares of Palo Alto Networks in a research report on Thursday, February 19th. Guggenheim reaffirmed a “neutral” rating on shares of Palo Alto Networks in a research note on Wednesday, February 18th. The Goldman Sachs Group decreased their price objective on Palo Alto Networks from $240.00 to $224.00 and set a “buy” rating for the company in a research report on Wednesday, February 18th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $223.00 target price (down from $245.00) on shares of Palo Alto Networks in a report on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $210.19.

Palo Alto Networks Stock Performance

Shares of NASDAQ PANW opened at $165.05 on Friday. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $223.61. The firm has a market capitalization of $134.68 billion, a P/E ratio of 91.19, a PEG ratio of 5.96 and a beta of 0.78. The company’s fifty day moving average is $171.66 and its two-hundred day moving average is $190.15.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The business had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.58 billion. During the same quarter last year, the firm posted $0.81 EPS. The business’s revenue was up 14.9% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. On average, sell-side analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

About Palo Alto Networks

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.