Palo Alto Networks, Inc. $PANW Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas raised its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 117.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 328,824 shares of the network technology company’s stock after purchasing an additional 177,831 shares during the period. Teacher Retirement System of Texas’ holdings in Palo Alto Networks were worth $67,291,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Palo Alto Networks in the first quarter valued at approximately $261,000. Strive Asset Management LLC grew its holdings in Palo Alto Networks by 16.6% in the first quarter. Strive Asset Management LLC now owns 2,099 shares of the network technology company’s stock valued at $358,000 after purchasing an additional 299 shares during the period. GAMMA Investing LLC grew its holdings in Palo Alto Networks by 10.8% in the first quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company’s stock valued at $2,410,000 after purchasing an additional 1,374 shares during the period. Avity Investment Management Inc. grew its holdings in Palo Alto Networks by 37.9% in 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 purchasing an additional 49,971 shares during the period. Finally, Czech National Bank grew its holdings in 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 valued at $33,119,000 after purchasing an additional 9,766 shares during the period. 79.82% of the stock is owned by institutional investors and hedge funds.

Palo Alto Networks Stock Performance

Shares of Palo Alto Networks stock opened at $217.11 on Monday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $218.23. The company has a market cap of $145.22 billion, a price-to-earnings ratio of 135.27, a PEG ratio of 5.16 and a beta of 0.98. The business’s 50 day moving average price is $200.79 and its 200 day moving average price is $192.59.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 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 firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter last year, the business posted $0.75 earnings per share. The firm’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. On average, analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

PANW has been the topic of several research reports. Scotiabank lifted their price target on Palo Alto Networks from $225.00 to $228.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, August 19th. Oppenheimer lifted their price target on Palo Alto Networks from $225.00 to $245.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. BMO Capital Markets lifted their price target on Palo Alto Networks from $217.00 to $225.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 19th. BTIG Research raised Palo Alto Networks from a “neutral” rating to a “buy” rating in a research note on Monday, October 13th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $225.00 price target on shares of Palo Alto Networks in a research note on Monday, September 15th. Thirty investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and an average price target of $217.22.

Insider Activity

In other Palo Alto Networks news, CAO Josh D. Paul sold 700 shares of Palo Alto Networks stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $202.16, for a total value of $141,512.00. Following the sale, the chief accounting officer owned 32,474 shares in the company, valued at $6,564,943.84. The trade was a 2.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Nikesh Arora sold 846,408 shares of the company’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total value of $172,718,016.48. Following the completion of the transaction, the chief executive officer directly owned 275,013 shares in the company, valued at approximately $56,119,152.78. This trade represents a 75.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,315,130 shares of company stock valued at $260,687,367 in the last 90 days. 2.50% of the stock is owned by insiders.

Palo Alto Networks Profile

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.