DekaBank Deutsche Girozentrale Sells 3,509 Shares of Palo Alto Networks, Inc. $PANW

Key Points

• DekaBank Deutsche Girozentrale reduced its stake in Palo Alto Networks, selling 3,509 shares, resulting in ownership of 353,610 shares valued at approximately $71.26 million.
• Palo Alto Networks reported $2.54 billion in revenue for the last quarter, exceeding analysts' estimates, and set FY 2026 EPS guidance between $3.750 and $3.850.
• Insider sales were significant, with CEO Nikesh Arora selling 846,408 shares valued at over $172 million, reducing his ownership by approximately 75.48%.

DekaBank Deutsche Girozentrale trimmed its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 1.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 353,610 shares of the network technology company's stock after selling 3,509 shares during the quarter. DekaBank Deutsche Girozentrale owned about 0.05% of Palo Alto Networks worth $71,256,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PANW. Brighton Jones LLC boosted its stake in Palo Alto Networks by 147.7% in the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock valued at $1,230,000 after acquiring an additional 4,031 shares in the last quarter. Bison Wealth LLC increased its position in shares of Palo Alto Networks by 169.1% during the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company's stock worth $948,000 after purchasing an additional 3,275 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Palo Alto Networks by 10.8% during the 1st quarter. GAMMA Investing LLC now owns 14,125 shares of the network technology company's stock valued at $2,410,000 after purchasing an additional 1,374 shares during the last quarter. XML Financial LLC lifted its holdings in shares of Palo Alto Networks by 29.3% during the 1st quarter. XML Financial LLC now owns 2,020 shares of the network technology company's stock valued at $345,000 after purchasing an additional 458 shares during the last quarter. Finally, Continuum Advisory LLC boosted its position in shares of Palo Alto Networks by 4.1% in the 1st quarter. Continuum Advisory LLC now owns 1,735 shares of the network technology company's stock worth $296,000 after purchasing an additional 68 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company's stock.

Palo Alto Networks Stock Performance

Shares of PANW opened at $214.40 on Wednesday. The business's 50-day moving average is $198.45 and its two-hundred day moving average is $191.16. The company has a market capitalization of $143.41 billion, a P/E ratio of 133.58, a P/E/G ratio of 5.04 and a beta of 0.98. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $217.94.

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

Insider Buying and Selling at Palo Alto Networks

In other news, CEO Nikesh Arora sold 846,408 shares of Palo Alto Networks stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the transaction, the chief executive officer directly owned 275,013 shares of the company's stock, valued at $56,119,152.78. The trade was a 75.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Lee Klarich sold 120,774 shares of the business's stock in a transaction on Monday, October 6th. The shares were sold at an average price of $211.92, for a total transaction of $25,594,426.08. Following the completion of the transaction, the executive vice president owned 149,190 shares of the company's stock, valued at approximately $31,616,344.80. This represents a 44.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,315,130 shares of company stock worth $260,687,367. 2.50% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. DA Davidson reaffirmed a "buy" rating and set a $215.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Morgan Stanley increased their price objective on shares of Palo Alto Networks from $210.00 to $216.00 and gave the company an "overweight" rating in a research report on Tuesday, September 2nd. Stephens reiterated an "equal weight" rating and issued a $205.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Royal Bank Of Canada restated an "outperform" rating and set a $232.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, UBS Group set a $245.00 price objective on shares of Palo Alto Networks in a research note on Friday, September 26th. Thirty equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Palo Alto Networks has an average rating of "Moderate Buy" and a consensus target price of $217.22.

About Palo Alto Networks

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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