Curated Wealth Partners 13F: Cuts PANW Stake by $426M

Curated Wealth Partners made a sharp reduction in its holdings of Palo Alto Networks, Inc. (NasdaqGS: PANW), according to a Form 13F filing with the SEC on October 15, 2026. Institutional 13F filings are backward-looking reports submitted after the end of each quarter, so this disclosure shows the fund's moves during the period and might not reflect its current holdings today.

Inside Curated Wealth Partners's Palo Alto Networks Trade

During the period, Curated Wealth Partners cut its stake in Palo Alto Networks by 99.8%, selling off 1,071,898 shares. The reduction left the firm holding just 1,983 shares, down from 1,073,881 shares previously. The remaining stake had a reported value of about $787,866 at the time of the filing. Because 13F data looks backward, the actual trading took place weeks or months earlier.

Other Institutional Activity in Palo Alto Networks

Other large institutional investors adjusted their positions in Palo Alto Networks around the same reporting window. Blackrock Inc. grew its holdings by 3,324,492 shares, ending with 75,753,509 shares worth about $25,907,700,078 after a 4.6% increase. Vanguard Capital Management LLC added 364,079 shares, lifting its total 0.7% to 53,129,128 shares valued at roughly $18,170,161,776. State Street Corporation grew its position by 1,493,942 shares, or 4.2%, to hold 36,794,979 shares worth about $12,646,987,974. Meanwhile, Morgan Stanley reduced its stake by 2,870,028 shares, or 8.9%, leaving it with 29,450,112 shares valued at $10,071,938,304. Invesco Ltd. boosted its holdings by 1,720,391 shares, a 7.2% increase, to finish with 25,647,946 shares worth roughly $8,771,597,532.

Palo Alto Networks, Inc. Stock Down 8.7%

Palo Alto Networks shares recently traded around $342.32 as of October 16, 2026. The stock sits about 8.3% below its 50-day moving average of $373.46, while remaining 32.2% above its 200-day moving average of $258.98. Shares have moved between a 52-week low of $139.57 and a 52-week high of $432.33.

Recent Earnings

Palo Alto Networks reported trailing-twelve-month revenue of $11.48 billion alongside trailing earnings of $0.40 per share. The company posted a net profit margin of 2.7% and a return on equity of 1.7%. Its next quarterly earnings report is scheduled for release on November 19, 2026.

Insider Buying and Selling at Palo Alto Networks, Inc.

Company insiders also made transactions in the stock ahead of the filing. Chief Financial Officer Dipak Golechha disposed of 27,500 shares on September 24, 2026, for a total value of $10,769,137. Director Aparna Bawa sold 260 shares on September 24, 2026, at an average price of $392.68, totaling $102,098. Officer Joshua D. Paul parted with 400 shares on October 1, 2026, at an average price of $395.70, worth $158,280. Later, on October 9, 2026, Director Bawa Aparna sold 250 shares at an average price of $412.28, valued at $103,070.

Analysts Set New Price Targets

Wall Street research firms updated their outlooks on Palo Alto Networks as well. On September 28, 2026, BTIG maintained a buy rating while lifting its price target to $425.00 from $404.00. TD Cowen maintained a buy rating on October 2, 2026, raising its target to $440.00 from $400.00. Amerx initiated coverage with a hold rating on October 8, 2026. Wells Fargo maintained an overweight rating on October 13, 2026, moving its price target to $525.00 from $475.00. Finally, Citigroup maintained a buy rating with a target of $440.00 on October 15, 2026. Across the broader analyst community, the stock holds a consensus buy rating with a mean price target of $398.52 based on 50 analyst opinions.

About Palo Alto Networks

Palo Alto Networks, Inc. is a major provider of cybersecurity platforms and software solutions. Based in Santa Clara, California, the company offers network security management tools, secure access service edge solutions, and artificial intelligence-backed defense systems to protect enterprise digital infrastructure worldwide. Institutional shifts like the one reported by Curated Wealth Partners offer a look at how professional managers adjust their tech sector exposures over time.

Bottom Line

Curated Wealth Partners's sharp reduction in Palo Alto Networks leaves it with a tiny remnant of its prior holding. Investors will look toward the company's upcoming earnings report on November 19, 2026, for fresh updates on revenue growth and profit margins. Because 13F reports reflect past positioning, watchers should review subsequent filings to see if the fund has exited entirely or changed direction since September.