APG Asset Management US Inc. Has $4.02 Million Position in Palo Alto Networks, Inc. $PANW

Key Points

• APG Asset Management US Inc. increased its stake in Palo Alto Networks by 13.7%, now holding 23,464 shares worth $4.02 million.
• The company recently reported $0.95 EPS for the quarter, exceeding estimates, with revenue of $2.54 billion, marking a 15.8% growth year-over-year.
• Research analysts have rated Palo Alto Networks with a consensus rating of "Moderate Buy" and an average price target of $211.52.

APG Asset Management US Inc. boosted its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 13.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,464 shares of the network technology company's stock after buying an additional 2,832 shares during the period. APG Asset Management US Inc.'s holdings in Palo Alto Networks were worth $4,020,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Capital A Wealth Management LLC acquired a new position in Palo Alto Networks during the fourth quarter worth $29,000. HWG Holdings LP acquired a new position in Palo Alto Networks in the first quarter worth $31,000. Dagco Inc. acquired a new position in Palo Alto Networks in the first quarter worth $33,000. SWAN Capital LLC boosted its stake in Palo Alto Networks by 100.0% in the fourth quarter. SWAN Capital LLC now owns 200 shares of the network technology company's stock worth $36,000 after purchasing an additional 100 shares in the last quarter. Finally, Glen Eagle Advisors LLC boosted its stake in Palo Alto Networks by 100.0% in the fourth quarter. Glen Eagle Advisors LLC now owns 212 shares of the network technology company's stock worth $39,000 after purchasing an additional 106 shares in the last quarter. Institutional investors and hedge funds own 79.82% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have commented on PANW. Stephens reissued an "equal weight" rating and issued a $205.00 price objective on shares of Palo Alto Networks in a research note on Tuesday. Truist Financial set a $220.00 target price on shares of Palo Alto Networks and gave the stock a "buy" rating in a research report on Tuesday. Westpark Capital reissued a "hold" rating on shares of Palo Alto Networks in a research note on Tuesday. Needham & Company LLC reissued a "buy" rating and issued a $230.00 target price on shares of Palo Alto Networks in a research note on Tuesday. Finally, Rosenblatt Securities lowered their target price on Palo Alto Networks from $235.00 to $215.00 and set a "buy" rating for the company in a research note on Thursday, August 14th. Twenty-eight equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Palo Alto Networks has a consensus rating of "Moderate Buy" and an average price target of $211.52.

Insider Buying and Selling at Palo Alto Networks

In other news, CAO Josh D. Paul sold 800 shares of the business's stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $201.05, for a total transaction of $160,840.00. Following the transaction, the chief accounting officer directly owned 42,033 shares in the company, valued at $8,450,734.65. The trade was a 1.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Lee Klarich sold 120,774 shares of the company's stock in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $195.14, for a total transaction of $23,567,838.36. Following the completion of the transaction, the executive vice president owned 264,246 shares in the company, valued at $51,564,964.44. This trade represents a 31.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 669,948 shares of company stock worth $126,552,277. Company insiders own 2.50% of the company's stock.

Palo Alto Networks Stock Up 1.4%

PANW stock opened at $185.88 on Friday. Palo Alto Networks, Inc. has a twelve month low of $144.15 and a twelve month high of $210.39. The company has a market cap of $123.94 billion, a P/E ratio of 115.81, a price-to-earnings-growth ratio of 4.47 and a beta of 0.94. The business's fifty day moving average is $190.61 and its 200-day moving average is $186.33.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. The company had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. During the same quarter in the previous year, the business earned $0.75 EPS. The firm's revenue was up 15.8% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. Research analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

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