Cardano Risk Management B.V. Makes New $119.78 Million Investment in Palo Alto Networks, Inc. $PANW

Key Points

• Cardano Risk Management B.V. acquired 351,256 Palo Alto Networks shares during the second quarter, valued at approximately $119.8 million. Institutional investors and hedge funds collectively own 79.82% of PANW.
• Wall Street remains broadly bullish: analysts give PANW a consensus “Moderate Buy” rating, with an average price target of $333.76, while several firms recently raised targets to $375–$380.
• Palo Alto Networks exceeded quarterly expectations, reporting $0.85 in adjusted earnings per share and $3.0 billion in revenue, up 31.1% year over year. However, insiders sold $27.2 million of stock in the last quarter, and shares trade at a very high P/E ratio of 298.25.

Cardano Risk Management B.V. purchased a new position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 351,256 shares of the network technology company's stock, valued at approximately $119,785,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks during the 2nd quarter worth approximately $25,000. Knuff & Co LLC bought a new position in Palo Alto Networks in the fourth quarter valued at approximately $26,000. Steph & Co. lifted its stake in Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company's stock valued at $26,000 after buying an additional 67 shares in the last quarter. Sittner & Nelson LLC boosted its holdings in shares of Palo Alto Networks by 73.8% in the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company's stock valued at $27,000 after buying an additional 62 shares during the period. Finally, WHI TRUST Co LLC acquired a new position in shares of Palo Alto Networks in the fourth quarter valued at approximately $28,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

PANW has been the topic of a number of research analyst reports. Truist Financial raised their price objective on shares of Palo Alto Networks from $275.00 to $375.00 and gave the stock a "buy" rating in a report on Wednesday, June 3rd. TD Cowen reaffirmed a "buy" rating on shares of Palo Alto Networks in a research note on Thursday. BNP Paribas Exane increased their target price on Palo Alto Networks from $330.00 to $380.00 and gave the stock an "outperform" rating in a report on Wednesday, July 1st. BTIG Research lifted their price target on Palo Alto Networks from $333.00 to $380.00 and gave the company a "buy" rating in a research note on Tuesday, June 30th. Finally, JPMorgan Chase & Co. boosted their price target on Palo Alto Networks from $200.00 to $300.00 and gave the company an "overweight" rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, forty have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $333.76.

Insiders Place Their Bets

In related news, EVP Dipak Golechha sold 5,000 shares of the company's stock in a transaction dated Tuesday, June 23rd. The stock was sold at an average price of $289.56, for a total transaction of $1,447,800.00. Following the sale, the executive vice president owned 145,250 shares in the company, valued at approximately $42,058,590. This represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Aparna Bawa sold 290 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total value of $101,134.60. Following the transaction, the director directly owned 6,437 shares of the company's stock, valued at $2,244,839.38. This trade represents a 4.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 101,239 shares of company stock valued at $27,174,360 in the last quarter. 1.40% of the stock is currently owned by corporate insiders.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $363.86 on Friday. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $376.98. The company's fifty day simple moving average is $317.88 and its 200-day simple moving average is $228.20. The firm has a market cap of $296.55 billion, a PE ratio of 298.25, a P/E/G ratio of 12.21 and a beta of 0.91. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter last year, the firm earned $0.37 earnings per share. The firm's revenue for the quarter was up 31.1% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. Equities research analysts expect that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Palo Alto Networks Company 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.

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