Andra AP fonden Has $20.95 Million Stock Holdings in Palo Alto Networks, Inc. $PANW

Key Points

• Andra AP fonden cut its Palo Alto Networks stake by 33.2% in the second quarter, selling 30,600 shares and retaining 61,440 shares valued at approximately $20.95 million. Institutional investors collectively own 79.82% of the company.
• Palo Alto Networks reported quarterly revenue of $3.41 billion, up 34.5% year over year, and adjusted earnings of $1.02 per share, exceeding analyst estimates. The company also launched an AI-driven security service aimed at expanding its cybersecurity opportunity.
• PANW shares traded near $371, close to their 12-month high of $398.88, while analysts maintained a “Moderate Buy” consensus with an average price target of $390.02; however, insiders sold more than $10.5 million of stock over the past 90 days.

Andra AP fonden reduced its position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 33.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 61,440 shares of the network technology company's stock after selling 30,600 shares during the period. Andra AP fonden's holdings in Palo Alto Networks were worth $20,952,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Solstein Capital LLC acquired a new stake in Palo Alto Networks during the 2nd quarter valued at $26,000. N.E.W. Advisory Services LLC bought a new position in shares of Palo Alto Networks in the second quarter valued at about $27,000. Delos Wealth Advisors LLC acquired a new stake in shares of Palo Alto Networks during the 2nd quarter worth about $28,000. Principia Wealth Advisory LLC boosted its holdings in shares of Palo Alto Networks by 125.0% during the 2nd quarter. Principia Wealth Advisory LLC now owns 81 shares of the network technology company's stock worth $28,000 after buying an additional 45 shares during the period. Finally, EMC Capital Management bought a new stake in shares of Palo Alto Networks during the second quarter worth approximately $34,000. Institutional investors own 79.82% of the company's stock.

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, CAO Josh D. Paul sold 900 shares of the business's stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $345.00, for a total transaction of $310,500.00. Following the sale, the chief accounting officer owned 79,644 shares of the company's stock, valued at approximately $27,477,180. The trade was a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Aparna Bawa sold 1,000 shares of the company's stock in a transaction on Monday, September 14th. The stock was sold at an average price of $373.61, for a total transaction of $373,610.00. Following the transaction, the director owned 5,437 shares of the company's stock, valued at $2,031,317.57. This trade represents a 15.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 28,322 shares of company stock worth $10,546,409 over the last 90 days. 1.40% of the stock is owned by corporate insiders.

Key Stories Impacting Palo Alto Networks

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

• Positive Sentiment: Palo Alto Networks launched Unit 42 Continuous Frontier AI Defense, an agentic security service that uses gated models from Anthropic, including Claude Mythos, and OpenAI’s GPT-5.6. The service is designed to continuously identify, validate and remediate vulnerabilities before attackers can exploit them, potentially expanding the company’s AI-related revenue opportunity. Palo Alto Networks AI defense service announcement
• Positive Sentiment: The announcement reinforces Palo Alto Networks’ positioning as businesses increase cybersecurity spending to address AI-driven threats and vulnerabilities. Morgan Stanley raised its price target to $410 from $394, maintained an Overweight rating and named PANW its preferred stock in the sector, citing AI-driven demand and market-share opportunities. Cybersecurity stocks and Morgan Stanley price target report
• Neutral Sentiment: Recent technical analysis identifies support near $353.70-$356 and resistance around $383, with a breakout potentially testing the 12-month high near $398.88. The stock remains well above its 50-day and 200-day moving averages, but this setup leaves sentiment sensitive to momentum and broader technology-sector trading. PANW technical price forecast
• Negative Sentiment: Director James Goetz sold 20,000 PANW shares for approximately $7.5 million. While a single insider sale does not establish a broader trend, it can create a modest overhang, particularly while the stock trades at a very high price-to-earnings ratio and near its yearly peak. SEC insider transaction filing

Palo Alto Networks Price Performance

Shares of PANW stock traded down $0.50 on Tuesday, hitting $371.26. 2,359,869 shares of the company's stock were exchanged, compared to its average volume of 8,448,706. The company has a 50 day moving average of $353.76 and a 200 day moving average of $271.35. The stock has a market cap of $303.69 billion, a P/E ratio of 728.42, a price-to-earnings-growth ratio of 10.46 and a beta of 0.91. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.87 and a quick ratio of 0.87. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $398.88.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its earnings results on Tuesday, September 1st. The network technology company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.98 by $0.04. The firm had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.35 billion. Palo Alto Networks had a return on equity of 8.50% and a net margin of 2.67%.The business's quarterly revenue was up 34.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.95 earnings per share. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. On average, equities research analysts predict that Palo Alto Networks, Inc. will post 2.31 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Capital One Financial increased their price objective on Palo Alto Networks from $421.00 to $428.00 and gave the stock an "overweight" rating in a research report on Wednesday, September 2nd. Tigress Financial lifted their price objective on shares of Palo Alto Networks from $245.00 to $430.00 and gave the stock a "buy" rating in a research note on Wednesday, July 15th. Northland Securities set a $360.00 target price on shares of Palo Alto Networks and gave the stock a "market perform" rating in a research report on Wednesday, September 2nd. Stephens set a $400.00 target price on shares of Palo Alto Networks and gave the stock an "equal weight" rating in a report on Wednesday, September 2nd. Finally, The Goldman Sachs Group reiterated a "buy" rating and issued a $390.00 price target (up from $371.00) on shares of Palo Alto Networks in a research report on Wednesday, September 2nd. Thirty-eight research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, Palo Alto Networks presently has an average rating of "Moderate Buy" and a consensus target price of $390.02.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc is a cybersecurity company that provides security products and services to businesses, governments and other organizations worldwide. The company helps customers protect networks, cloud environments, endpoints, applications and connected devices from cyber threats.

Its portfolio includes next-generation firewalls and network security technologies, as well as cloud-delivered security solutions such as Prisma Access and Prisma Cloud. Palo Alto Networks also offers Cortex products for endpoint protection, security operations, threat detection and response, and automation.

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