PALO ALTO NETWORKS INC

Ticker: PANW CUSIP: 697435105 Class: COM

Laffer Tengler Investments, Inc.'s Holding History (CIK: 0001307878)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 51,354 Value ($000) $9,459 Avg Close $201.75 Range $180.05 - $223.61

Q3 2025

Shares 53,592 Value ($000) $10,912 Avg Close $191.42 Range $165.21 - $210.39

Q2 2025

Shares 47,930 Value ($000) $9,808 Avg Close $185.70 Range $144.15 - $206.74

Q1 2025

Shares 47,130 Value ($000) $8,042 Avg Close $184.92 Range $165.88 - $208.39

Q4 2024

Shares 44,502 Value ($000) $8,098 Avg Close $188.91 Range $164.13 - $207.24

Q3 2024

Shares 19,052 Value ($000) $6,512 Avg Close $168.32 Range $142.01 - $187.69

Q2 2024

Shares 17,666 Value ($000) $5,989 Avg Close $149.57 Range $132.50 - $172.95

Q1 2024

Shares 12,171 Value ($000) $3,458 Avg Close $157.74 Range $130.04 - $190.42

Q4 2023

Shares 13,423 Value ($000) $3,958 Avg Close $133.70 Range $115.05 - $159.00

Q3 2023

Shares 12,141 Value ($000) $2,846 Avg Close $118.33 Range $100.58 - $129.44

Q2 2023

Shares 10,859 Value ($000) $2,774 Avg Close $104.05 Range $88.15 - $128.41

Q1 2023

Shares 12,586 Value ($000) $2,514 Avg Close $84.74 Range $66.11 - $100.15

Q4 2022

Shares 11,644 Value ($000) $1,625 Avg Close $80.29 Range $68.37 - $89.50

Q3 2022

Shares 11,157 Value ($000) $1,827,405 Avg Close $86.60 Range $77.20 - $96.47

Q2 2022

Shares 4,205 Value ($000) $2,077,017 Avg Close $88.67 Range $70.26 - $106.82

Q1 2022

Shares 4,378 Value ($000) $2,725,348 Avg Close $89.50 Range $75.96 - $105.98

Q4 2021

Shares 4,843 Value ($000) $2,696,388 Avg Close $86.50 Range $77.19 - $95.44

Q3 2021

Shares 5,369 Value ($000) $2,571,751 Avg Close $70.26 Range $59.73 - $82.65

Q2 2021

Shares 4,672 Value ($000) $1,733,545 Avg Close $59.25 Range $53.70 - $64.45

Q1 2021

Shares 4,128 Value ($000) $1,329,463 Avg Close $59.44 Range $51.93 - $67.17

Q4 2020

Shares 3,464 Value ($000) $1,232,456 Avg Close $46.72 Range $36.56 - $62.50

Q3 2020

Shares 2,413 Value ($000) $590,581 Avg Close $41.60 Range $37.86 - $45.84

Q2 2020

Shares 752 Value ($000) $172,711 Avg Close $35.23 Range $26.33 - $40.52

Q1 2020

Shares 570 Value ($000) $93,457 Avg Close $34.91 Range $20.91 - $41.85

Q4 2019

Shares 317 Value ($000) $73,306 Avg Close $37.82 Range $33.75 - $41.83

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	51,354	$9,459	$201.75	$180.05 - $223.61
Q3 2025	53,592	$10,912	$191.42	$165.21 - $210.39
Q2 2025	47,930	$9,808	$185.70	$144.15 - $206.74
Q1 2025	47,130	$8,042	$184.92	$165.88 - $208.39
Q4 2024	44,502	$8,098	$188.91	$164.13 - $207.24
Q3 2024	19,052	$6,512	$168.32	$142.01 - $187.69
Q2 2024	17,666	$5,989	$149.57	$132.50 - $172.95
Q1 2024	12,171	$3,458	$157.74	$130.04 - $190.42
Q4 2023	13,423	$3,958	$133.70	$115.05 - $159.00
Q3 2023	12,141	$2,846	$118.33	$100.58 - $129.44
Q2 2023	10,859	$2,774	$104.05	$88.15 - $128.41
Q1 2023	12,586	$2,514	$84.74	$66.11 - $100.15
Q4 2022	11,644	$1,625	$80.29	$68.37 - $89.50
Q3 2022	11,157	$1,827,405	$86.60	$77.20 - $96.47
Q2 2022	4,205	$2,077,017	$88.67	$70.26 - $106.82
Q1 2022	4,378	$2,725,348	$89.50	$75.96 - $105.98
Q4 2021	4,843	$2,696,388	$86.50	$77.19 - $95.44
Q3 2021	5,369	$2,571,751	$70.26	$59.73 - $82.65
Q2 2021	4,672	$1,733,545	$59.25	$53.70 - $64.45
Q1 2021	4,128	$1,329,463	$59.44	$51.93 - $67.17
Q4 2020	3,464	$1,232,456	$46.72	$36.56 - $62.50
Q3 2020	2,413	$590,581	$41.60	$37.86 - $45.84
Q2 2020	752	$172,711	$35.23	$26.33 - $40.52
Q1 2020	570	$93,457	$34.91	$20.91 - $41.85
Q4 2019	317	$73,306	$37.82	$33.75 - $41.83