PALO ALTO NETWORKS INC

Ticker: PANW CUSIP: 697435105 Class: COM

Utah Retirement Systems's Holding History (CIK: 0001548392)

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

Q4 2025

Shares 109,307 Value ($000) $20,134 Avg Close $201.75 Range $180.05 - $223.61

Q3 2025

Shares 108,552 Value ($000) $22,103 Avg Close $191.42 Range $165.21 - $210.39

Q2 2025

Shares 107,412 Value ($000) $21,981 Avg Close $185.70 Range $144.15 - $206.74

Q1 2025

Shares 107,510 Value ($000) $18,346 Avg Close $184.92 Range $165.88 - $208.39

Q4 2024

Shares 107,510 Value ($000) $19,563 Avg Close $188.91 Range $164.13 - $207.24

Q3 2024

Shares 50,955 Value ($000) $17,416 Avg Close $168.32 Range $142.01 - $187.69

Q2 2024

Shares 50,806 Value ($000) $17,224 Avg Close $149.57 Range $132.50 - $172.95

Q1 2024

Shares 53,656 Value ($000) $15,245 Avg Close $157.74 Range $130.04 - $190.42

Q4 2023

Shares 52,856 Value ($000) $15,586 Avg Close $133.70 Range $115.05 - $159.00

Q3 2023

Shares 51,956 Value ($000) $12,181 Avg Close $118.33 Range $100.58 - $129.44

Q2 2023

Shares 51,156 Value ($000) $13,071 Avg Close $104.05 Range $88.15 - $128.41

Q1 2023

Shares 52,556 Value ($000) $10,498 Avg Close $84.74 Range $66.11 - $100.15

Q4 2022

Shares 52,256 Value ($000) $7,292 Avg Close $80.29 Range $68.37 - $89.50

Q3 2022

Shares 52,056 Value ($000) $8,526 Avg Close $86.60 Range $77.20 - $96.47

Q2 2022

Shares 17,206 Value ($000) $8,498 Avg Close $88.67 Range $70.26 - $106.82

Q1 2022

Shares 17,233 Value ($000) $10,727 Avg Close $89.50 Range $75.96 - $105.98

Q4 2021

Shares 17,253 Value ($000) $9,606 Avg Close $86.50 Range $77.19 - $95.44

Q3 2021

Shares 17,215 Value ($000) $8,246 Avg Close $70.26 Range $59.73 - $82.65

Q2 2021

Shares 18,184 Value ($000) $6,748 Avg Close $59.25 Range $53.70 - $64.45

Q1 2021

Shares 18,184 Value ($000) $5,857 Avg Close $59.44 Range $51.93 - $67.17

Q4 2020

Shares 18,648 Value ($000) $6,627 Avg Close $46.72 Range $36.56 - $62.50

Q3 2020

Shares 18,148 Value ($000) $4,441 Avg Close $41.60 Range $37.86 - $45.84

Q2 2020

Shares 18,648 Value ($000) $4,283 Avg Close $35.23 Range $26.33 - $40.52

Q1 2020

Shares 18,048 Value ($000) $2,959 Avg Close $34.91 Range $20.91 - $41.85

Q4 2019

Shares 18,048 Value ($000) $4,174 Avg Close $37.82 Range $33.75 - $41.83

Q3 2019

Shares 17,748 Value ($000) $3,618 Avg Close $35.39 Range $32.03 - $38.32

Q2 2019

Shares 17,348 Value ($000) $3,535 Avg Close $37.41 Range $32.45 - $41.82

Q1 2019

Shares 17,131 Value ($000) $4,161 Avg Close $37.09 Range $29.80 - $43.44

Q4 2018

Shares 16,700 Value ($000) $3,146 Avg Close $31.18 Range $26.68 - $38.18

Q3 2018

Shares 16,700 Value ($000) $3,762 Avg Close $36.40 Range $32.27 - $39.92

Q2 2018

Shares 16,400 Value ($000) $3,369 Avg Close $33.34 Range $29.60 - $36.23

Q1 2018

Shares 16,500 Value ($000) $2,995 Avg Close $27.78 Range $24.18 - $31.92

Q4 2017

Shares 16,500 Value ($000) $2,391 Avg Close $24.33 Range $22.64 - $26.14

Q3 2017

Shares 16,300 Value ($000) $2,349 Avg Close $22.77 Range $21.09 - $24.79

Q2 2017

Shares 16,200 Value ($000) $2,167 Avg Close $20.20 Range $17.89 - $23.55

Q1 2017

Shares 15,900 Value ($000) $1,791 Avg Close $22.36 Range $18.34 - $26.27

Q4 2016

Shares 15,900 Value ($000) $1,989 Avg Close $23.96 Range $20.59 - $27.61

Q3 2016

Shares 15,900 Value ($000) $2,534 Avg Close $22.79 Range $19.50 - $26.67

Q2 2016

Shares 15,900 Value ($000) $1,950 Avg Close $23.16 Range $19.11 - $27.29

Q1 2016

Shares 13,700 Value ($000) $2,235 Avg Close $24.59 Range $18.52 - $28.96

Q4 2015

Shares 13,000 Value ($000) $2,290 Avg Close $28.85 Range $25.04 - $32.45

Q3 2015

Shares 13,000 Value ($000) $2,236 Avg Close $29.50 Range $23.40 - $33.42

Q2 2015

Shares 13,000 Value ($000) $2,271 Avg Close $26.69 Range $23.26 - $30.83

Q1 2015

Shares 9,800 Value ($000) $1,432 Avg Close $22.39 Range $19.60 - $25.07

Q4 2014

Shares 9,500 Value ($000) $1,165 Avg Close $18.43 Range $14.64 - $21.37

Q3 2014

Shares 9,400 Value ($000) $922 Avg Close $14.35 Range $12.19 - $17.07

Q2 2014

Shares 9,000 Value ($000) $755 Avg Close $11.67 Range $9.58 - $14.30

Q1 2014

Shares 6,000 Value ($000) $411 Avg Close $11.35 Range $9.12 - $13.47

Q4 2013

Shares 5,900 Value ($000) $339 Avg Close $7.92 Range $6.73 - $9.65

Q3 2013

Shares 5,900 Value ($000) $271 Avg Close $7.89 Range $6.82 - $8.48

Q2 2013

Shares 6,000 Value ($000) $253 Avg Close $8.33 Range $6.51 - $9.43

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	109,307	$20,134	$201.75	$180.05 - $223.61
Q3 2025	108,552	$22,103	$191.42	$165.21 - $210.39
Q2 2025	107,412	$21,981	$185.70	$144.15 - $206.74
Q1 2025	107,510	$18,346	$184.92	$165.88 - $208.39
Q4 2024	107,510	$19,563	$188.91	$164.13 - $207.24
Q3 2024	50,955	$17,416	$168.32	$142.01 - $187.69
Q2 2024	50,806	$17,224	$149.57	$132.50 - $172.95
Q1 2024	53,656	$15,245	$157.74	$130.04 - $190.42
Q4 2023	52,856	$15,586	$133.70	$115.05 - $159.00
Q3 2023	51,956	$12,181	$118.33	$100.58 - $129.44
Q2 2023	51,156	$13,071	$104.05	$88.15 - $128.41
Q1 2023	52,556	$10,498	$84.74	$66.11 - $100.15
Q4 2022	52,256	$7,292	$80.29	$68.37 - $89.50
Q3 2022	52,056	$8,526	$86.60	$77.20 - $96.47
Q2 2022	17,206	$8,498	$88.67	$70.26 - $106.82
Q1 2022	17,233	$10,727	$89.50	$75.96 - $105.98
Q4 2021	17,253	$9,606	$86.50	$77.19 - $95.44
Q3 2021	17,215	$8,246	$70.26	$59.73 - $82.65
Q2 2021	18,184	$6,748	$59.25	$53.70 - $64.45
Q1 2021	18,184	$5,857	$59.44	$51.93 - $67.17
Q4 2020	18,648	$6,627	$46.72	$36.56 - $62.50
Q3 2020	18,148	$4,441	$41.60	$37.86 - $45.84
Q2 2020	18,648	$4,283	$35.23	$26.33 - $40.52
Q1 2020	18,048	$2,959	$34.91	$20.91 - $41.85
Q4 2019	18,048	$4,174	$37.82	$33.75 - $41.83
Q3 2019	17,748	$3,618	$35.39	$32.03 - $38.32
Q2 2019	17,348	$3,535	$37.41	$32.45 - $41.82
Q1 2019	17,131	$4,161	$37.09	$29.80 - $43.44
Q4 2018	16,700	$3,146	$31.18	$26.68 - $38.18
Q3 2018	16,700	$3,762	$36.40	$32.27 - $39.92
Q2 2018	16,400	$3,369	$33.34	$29.60 - $36.23
Q1 2018	16,500	$2,995	$27.78	$24.18 - $31.92
Q4 2017	16,500	$2,391	$24.33	$22.64 - $26.14
Q3 2017	16,300	$2,349	$22.77	$21.09 - $24.79
Q2 2017	16,200	$2,167	$20.20	$17.89 - $23.55
Q1 2017	15,900	$1,791	$22.36	$18.34 - $26.27
Q4 2016	15,900	$1,989	$23.96	$20.59 - $27.61
Q3 2016	15,900	$2,534	$22.79	$19.50 - $26.67
Q2 2016	15,900	$1,950	$23.16	$19.11 - $27.29
Q1 2016	13,700	$2,235	$24.59	$18.52 - $28.96
Q4 2015	13,000	$2,290	$28.85	$25.04 - $32.45
Q3 2015	13,000	$2,236	$29.50	$23.40 - $33.42
Q2 2015	13,000	$2,271	$26.69	$23.26 - $30.83
Q1 2015	9,800	$1,432	$22.39	$19.60 - $25.07
Q4 2014	9,500	$1,165	$18.43	$14.64 - $21.37
Q3 2014	9,400	$922	$14.35	$12.19 - $17.07
Q2 2014	9,000	$755	$11.67	$9.58 - $14.30
Q1 2014	6,000	$411	$11.35	$9.12 - $13.47
Q4 2013	5,900	$339	$7.92	$6.73 - $9.65
Q3 2013	5,900	$271	$7.89	$6.82 - $8.48
Q2 2013	6,000	$253	$8.33	$6.51 - $9.43