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Captrust Financial Advisors Sells 172,149 Shares of Palo Alto Networks
The institutional investor owned 702,861 shares of the network technology company's stock after selling 172,149 shares in the 3rd quarter.
Mar. 18, 2026 at 8:36am
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Captrust Financial Advisors lowered its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 19.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 702,861 shares of the network technology company's stock after selling 172,149 shares during the quarter.
Why it matters
This filing provides insight into the investment decisions of Captrust Financial Advisors, a major institutional investor, and their views on the performance and prospects of Palo Alto Networks, a leading cybersecurity firm.
The details
Captrust Financial Advisors sold 172,149 shares of Palo Alto Networks in the 3rd quarter, reducing its stake in the company by 19.7%. The institutional investor now owns 702,861 shares of the network technology company's stock, which was worth approximately $143,117,000 at the end of the reporting period.
- Captrust Financial Advisors filed the Form 13F in the 3rd quarter of the year.
The players
Captrust Financial Advisors
An institutional investor that manages assets for clients and files quarterly 13F reports disclosing its holdings.
Palo Alto Networks, Inc.
A cybersecurity company that develops a broad suite of security products and services designed to prevent cyberattacks and protect enterprise networks, clouds, and endpoints.
The takeaway
This filing indicates that Captrust Financial Advisors has reduced its exposure to Palo Alto Networks, potentially signaling a shift in the institutional investor's outlook on the cybersecurity firm's performance or future prospects.
