Marino Stram & Associates LLC Decreases Stock Holdings in Palo Alto Networks, Inc. $PANW

03 Apr 2026, 11:20 by Tristan Rich · The Markets Daily

Marino Stram & Associates LLC lessened its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 43.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 4,914 shares of the network technology company’s stock after selling 3,776 shares during the period. Marino Stram & Associates LLC’s holdings in Palo Alto Networks were worth $905,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its position in shares of Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock valued at $1,230,000 after buying an additional 4,031 shares during the last quarter. Bison Wealth LLC boosted its stake in Palo Alto Networks by 169.1% in the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock valued at $948,000 after acquiring an additional 3,275 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in shares of Palo Alto Networks by 66.3% during the second quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock worth $713,000 after purchasing an additional 1,389 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in shares of Palo Alto Networks during the second quarter worth about $3,070,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Palo Alto Networks in the 2nd quarter valued at about $192,000. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Palo Alto Networks Stock Performance

PANW stock opened at $163.21 on Friday. The stock has a market capitalization of $133.18 billion, a PE ratio of 90.17, a price-to-earnings-growth ratio of 5.80 and a beta of 0.77. The company has a fifty day moving average of $162.47 and a 200-day moving average of $186.38. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $223.61.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last issued its quarterly earnings results on Wednesday, February 18th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. The business had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.58 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The business’s revenue was up 14.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.81 earnings per share. Equities analysts forecast that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Key Palo Alto Networks News

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

Positive Sentiment: Company insiders (including the CEO) bought roughly $10 million of PANW stock, a vote of confidence that investors often view as a bullish signal. Insider purchase article
Positive Sentiment: Jim Cramer highlighted the CEO’s $10M buy on Mad Money, framing it as evidence that AI threats are not undermining Palo Alto’s business — national TV endorsement can lift sentiment and short-term flows. Cramer commentary
Positive Sentiment: Benchmark initiated coverage with a Buy rating and a $200 price target, citing progress toward Rule-of-60-style profitability — an analyst upgrade that boosts upside expectations. Benchmark initiation
Positive Sentiment: Zacks noted the stock outperformed the market intraday, reflecting the broader positive sentiment mix. Short-term price strength is consistent with the above catalysts. Zacks upswing note
Neutral Sentiment: A law firm announced a partner hire in Palo Alto — unrelated to Palo Alto Networks’ business and unlikely to affect the stock. Business Wire hiring notice
Negative Sentiment: Some coverage points out PANW is down ~12% over the past three months, flagging near-term pressure despite long-term SASE momentum and enterprise wins — a reminder of recent volatility and profit-taking risk. Zacks pullback analysis

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PANW. Morgan Stanley reissued an “overweight” rating and issued a $223.00 price objective (down from $245.00) on shares of Palo Alto Networks in a report on Wednesday, February 18th. Royal Bank Of Canada restated an “outperform” rating and issued a $220.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, February 18th. TD Cowen reiterated a “buy” rating on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Deutsche Bank Aktiengesellschaft dropped their price target on Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating on the stock in a research report on Wednesday, February 18th. Finally, Benchmark began coverage on Palo Alto Networks in a research note on Wednesday. They set a “buy” rating and a $200.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $209.95.

Read Our Latest Stock Analysis on PANW

Insiders Place Their Bets

In related news, Director James J. Goetz sold 22,684 shares of the company’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $164.41, for a total transaction of $3,729,476.44. Following the transaction, the director owned 52,500 shares of the company’s stock, valued at $8,631,525. This represents a 30.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Nikesh Arora bought 68,085 shares of Palo Alto Networks stock in a transaction on Friday, March 27th. The stock was acquired at an average cost of $146.87 per share, with a total value of $9,999,643.95. Following the acquisition, the chief executive officer owned 343,394 shares of the company’s stock, valued at $50,434,276.78. This trade represents a 24.73% increase in their position. The SEC filing for this purchase provides additional information. 1.40% of the stock is currently owned by insiders.

Palo Alto Networks Profile

(Free Report)

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.