30,969 Shares in Palo Alto Networks, Inc. $PANW Bought by Fideuram Asset Management Ireland dac

Key Points

• Fideuram Asset Management Ireland dac bought a new stake in Palo Alto Networks during the fourth quarter, acquiring 30,969 shares valued at about $6.07 million.
• Institutional ownership in PANW remains very high at 79.82%, with major holders like Vanguard, State Street, and Geode all increasing their positions in recent periods.
• Analysts remain broadly bullish: several firms raised price targets this week, and MarketBeat’s average rating on the stock is “Moderate Buy” with an average target of $234.28.

Fideuram Asset Management Ireland dac acquired a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 30,969 shares of the network technology company's stock, valued at approximately $6,070,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Vanguard Group Inc. raised its holdings in shares of Palo Alto Networks by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company's stock worth $12,512,533,000 after acquiring an additional 2,659,100 shares during the period. State Street Corp increased its stake in Palo Alto Networks by 1.7% in the 3rd quarter. State Street Corp now owns 29,736,916 shares of the network technology company's stock valued at $6,055,031,000 after buying an additional 505,924 shares during the last quarter. Geode Capital Management LLC increased its stake in Palo Alto Networks by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company's stock valued at $2,934,935,000 after buying an additional 540,756 shares during the last quarter. Northern Trust Corp increased its stake in Palo Alto Networks by 0.5% in the 3rd quarter. Northern Trust Corp now owns 7,528,248 shares of the network technology company's stock valued at $1,532,902,000 after buying an additional 36,511 shares during the last quarter. Finally, First Trust Advisors LP increased its stake in Palo Alto Networks by 11.5% in the 3rd quarter. First Trust Advisors LP now owns 5,906,963 shares of the network technology company's stock valued at $1,202,776,000 after buying an additional 611,375 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Get Palo Alto Networks SMS alerts:

Sign Up

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Citigroup reiterated a "buy" rating and issued a $210.00 price target (down from $235.00) on shares of Palo Alto Networks in a research note on Thursday, February 19th. Sanford C. Bernstein set a $209.00 price target on shares of Palo Alto Networks and gave the company an "outperform" rating in a research note on Wednesday, February 18th. Wells Fargo & Company lifted their price target on shares of Palo Alto Networks from $235.00 to $285.00 and gave the company an "overweight" rating in a research note on Thursday, May 21st. HSBC lowered their price target on shares of Palo Alto Networks from $157.00 to $114.00 in a research note on Thursday, February 19th. Finally, Arete Research upgraded shares of Palo Alto Networks from a "sell" rating to a "buy" rating and set a $185.00 price target on the stock in a research note on Tuesday, March 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $234.28.

Palo Alto Networks Price Performance

Shares of PANW opened at $257.77 on Friday. The firm has a 50-day moving average of $190.33 and a 200-day moving average of $183.27. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $261.41. The company has a market cap of $210.34 billion, a PE ratio of 142.41, a price-to-earnings-growth ratio of 8.96 and a beta of 0.77.

Palo Alto Networks News Summary

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Multiple Wall Street firms raised their price targets on PANW this week, including Benchmark to $270, Wedbush to $300, and Wells Fargo reaffirming a Buy with a $285 target, reinforcing optimism around the company’s long-term growth story. Benchmark price target increase
• Positive Sentiment: Analysts remain upbeat on Palo Alto Networks’ platform expansion and cybersecurity demand, with coverage framing the company as a potential beneficiary of AI-driven security needs. AI security supercycle article
• Neutral Sentiment: Reports ahead of Q3 earnings highlight strong platform growth, but investors are waiting for confirmation in the company’s results and guidance before making a bigger move. Q3 earnings preview
• Neutral Sentiment: Market chatter around the upcoming earnings release and key operating metrics is keeping PANW in focus, but this is more of a wait-and-see catalyst than a fresh driver. Wall Street estimates preview
• Negative Sentiment: Some investors are cautious because acquisition costs are rising and share dilution could pressure near-term earnings quality. Acquisition costs and dilution concern
• Negative Sentiment: Sentiment across cybersecurity stocks has also been pressured by weak peer guidance, and an insider sale by EVP Lee Klarich added a modest overhang. Insider sale

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total transaction of $802,100.00. Following the completion of the sale, the executive vice president owned 150,250 shares of the company's stock, valued at approximately $24,103,105. The trade was a 3.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Josh D. Paul sold 400 shares of Palo Alto Networks stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $236.95, for a total transaction of $94,780.00. Following the sale, the chief accounting officer directly owned 82,736 shares of the company's stock, valued at $19,604,295.20. The trade was a 0.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 93,660 shares of company stock worth $21,346,475 in the last ninety days. Insiders own 1.40% of the company's stock.

Palo Alto Networks Profile

Palo Alto Networks NASDAQ: PANW is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company's product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.