Franklin Street Advisors Boosts Palo Alto Networks Stake

Institutional investor increases position in cybersecurity firm by 8.7% in Q4

Apr. 9, 2026 at 8:24am

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An extreme close-up of complex, interlocking metal components and circuits, representing the industrial-strength cybersecurity hardware that powers Palo Alto Networks' products and services.Franklin Street Advisors' increased investment in Palo Alto Networks reflects the growing demand for enterprise-grade cybersecurity solutions.Santa Clara Today

Franklin Street Advisors Inc. NC, an institutional investor, increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 8.7% in the fourth quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 143,715 shares of the network technology company's stock, valued at $26.5 million.

Why it matters

Palo Alto Networks is a leading cybersecurity firm, providing a broad suite of security products and services to protect enterprise networks, clouds, and endpoints. The increase in Franklin Street Advisors' position suggests continued investor confidence in the company's growth prospects amid rising cybersecurity threats.

The details

According to the 13F filing, Franklin Street Advisors purchased an additional 11,534 shares of Palo Alto Networks during the fourth quarter, bringing its total position to 143,715 shares. The firm's investment in Palo Alto Networks now accounts for approximately 1.5% of its overall investment portfolio, making it the 22nd largest holding.

  • The 13F filing reflects Franklin Street Advisors' position as of the end of the fourth quarter of 2025.

The players

Franklin Street Advisors Inc. NC

An institutional investor and asset management firm that increased its position in Palo Alto Networks by 8.7% in the fourth quarter of 2025.

Palo Alto Networks, Inc.

A leading cybersecurity company that provides a broad suite of security products and services to protect enterprise networks, clouds, and endpoints.

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The takeaway

The increase in Franklin Street Advisors' position in Palo Alto Networks reflects the continued investor confidence in the cybersecurity firm's growth potential, as enterprises and organizations seek robust solutions to protect against evolving cyber threats.