<div id="readability-page-1"><p>Central Pacific Bank Trust Division trimmed its holdings in  Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 97.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,127 shares of the network technology company's stock after selling 185,998 shares during the period. Central Pacific Bank Trust Division's holdings in Palo Alto Networks were worth $1,049,000 at the end of the most recent reporting period.</p><div><p><span></span><span>Get <strong>Palo Alto Networks</strong> alerts:</span></p></div><ul><li>3 Cybersecurity Stocks to Watch Ahead of 2026 Midterms</li></ul><p>A number of other large investors also recently modified their holdings of PANW. Capital A Wealth Management LLC purchased a new position in shares of  Palo Alto Networks in the 4th quarter worth about $29,000.  HWG Holdings LP purchased a new position in shares of  Palo Alto Networks in the 1st quarter worth about $31,000.  Dagco Inc. purchased a new position in shares of  Palo Alto Networks in the 1st quarter worth about $33,000.  SWAN Capital LLC raised its holdings in shares of  Palo Alto Networks by 100.0% in the 4th quarter. SWAN Capital LLC now owns 200 shares of the network technology company's stock worth $36,000 after purchasing an additional 100 shares during the period.  Finally, WPG Advisers LLC purchased a new position in shares of  Palo Alto Networks in the 1st quarter worth about $37,000. 79.82% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of equities analysts have recently commented on the company. Wedbush  restated an &#34;outperform&#34; rating and issued a $225.00 price objective on shares of Palo Alto Networks in a report on Tuesday, August 19th. Morgan Stanley raised their price objective on Palo Alto Networks from $210.00 to $216.00 and gave the stock an &#34;overweight&#34; rating in a report on Tuesday, September 2nd. Stephens  reiterated an &#34;equal weight&#34; rating and set a $205.00 target price on shares of Palo Alto Networks in a report on Tuesday, August 19th. BMO Capital Markets raised their target price on Palo Alto Networks from $217.00 to $225.00 and gave the company an &#34;outperform&#34; rating in a report on Tuesday, August 19th. Finally, Truist Financial  set a $220.00 target price on Palo Alto Networks and gave the company a &#34;buy&#34; rating in a report on Tuesday, August 19th. Twenty-eight analysts have rated the stock with a Buy rating, eleven have assigned  a Hold rating and two have issued  a Sell rating to the company's stock. Based on data from MarketBeat.com, the company  has an average rating of &#34;Moderate Buy&#34; and an average target price of $211.68.</p><ul><li>Patch Tuesday Highlights Microsoft’s Growing Security Edge</li></ul><p><b>View Our Latest Stock Analysis on Palo Alto Networks</b></p><h2>Palo Alto Networks Stock Down 1.0%</h2><p>Shares of NASDAQ PANW opened at $196.29 on Friday. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $210.39. The business has a 50 day moving average price of $188.03 and a two-hundred day moving average price of $185.91. The firm has a market cap of $131.30 billion, a PE ratio of 122.30, a price-to-earnings-growth ratio of 4.73 and a beta of 0.98. </p><ul><li>Palo Alto Networks Uptrend Confirmed! New Highs Set by Year’s End</li></ul><p>Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings data on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter last year, the firm earned $0.75 EPS. Palo Alto Networks's quarterly revenue was up 15.8% on a year-over-year basis.  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 anticipate that  Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year. </p><h2>Insiders Place Their Bets</h2><p>In other Palo Alto Networks news, EVP Lee Klarich sold 120,774 shares of the firm's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total transaction of $23,081,119.14. Following the completion of the sale, the executive vice president owned 177,954 shares in the company, valued at $34,008,788.94. This trade represents a 40.43% decrease in their position. The sale was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the firm's stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $201.85, for a total value of $1,009,250.00. Following the sale, the executive vice president owned 101,135 shares of the company's stock, valued at approximately $20,414,099.75. This trade represents a 4.71% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 569,422 shares of company stock worth $106,629,618 in the last quarter. Company insiders own  2.50% of the company's stock. </p><h2>Palo Alto Networks Profile</h2> (Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than Palo Alto Networks</li><li>What to Know About Investing in Penny Stocks</li><li>Ride the Luxury Retail Wave with These 3 High-End Brand Stocks</li><li>3 Stocks to Protect Your Portfolio from the Coronavirus Contagion </li><li>Wall Street Quietly Bets Big on These Chinese Tech Giants</li><li>Dividend Payout Ratio Calculator</li><li>Meta's $600B U.S. Investment: Bearish or Bullish for Shares? </li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEFOVw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEFOVw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Palo Alto Networks Right Now?</h2><p>Before you consider Palo Alto Networks, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Palo Alto Networks wasn't on the list.</p><p>While Palo Alto Networks currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PANW

<p>Central Pacific Bank Trust Division reduced its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 97.3% in Q2, owning 5,127 shares after selling 185,998 shares. The fund's holdings were valued at $1,049,000. Other investors also modified their positions in PANW. Analysts have given the stock a "Moderate Buy" rating with an average target price of $211.68. Palo Alto Networks reported Q1 earnings of $0.95 per share, exceeding estimates, with revenue of $2.54 billion, up 15.8% year-over-year. The stock is currently down 1.0% at $196.29.</p>

Palo Alto Networks, Inc. $PANW Shares Sold by Central Pacific Bank Trust Division