Generali Investments Management Co LLC Sells 9,483 Shares of Palo Alto Networks, Inc. $PANW

Key Points

• Generali Investments Management cut its Palo Alto Networks position by 52.2% in the second quarter, selling 9,483 shares and retaining 8,689 shares valued at approximately $2.96 million. Institutional investors collectively own 79.82% of PANW.
• Analysts remain broadly bullish: PANW has a “Moderate Buy” consensus rating, with 40 Buy ratings and an average price target of $333.76, despite the stock opening at $385.04.
• Palo Alto Networks reported quarterly adjusted EPS of $0.85, beating estimates of $0.79, while revenue reached $3 billion and increased 31.1% year over year. The company’s shares have risen 5.8% and trade near their 52-week high.

Generali Investments Management Co LLC reduced its position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 52.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,689 shares of the network technology company's stock after selling 9,483 shares during the period. Generali Investments Management Co LLC's holdings in Palo Alto Networks were worth $2,963,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Norges Bank bought a new stake in Palo Alto Networks during the 4th quarter valued at $1,415,364,000. Bank of America Corp DE lifted its stake in shares of Palo Alto Networks by 16.0% in the first quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company's stock valued at $3,603,473,000 after buying an additional 3,101,267 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of Palo Alto Networks by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company's stock valued at $12,512,533,000 after buying an additional 2,659,100 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in shares of Palo Alto Networks by 1,665.1% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,761,909 shares of the network technology company's stock valued at $442,788,000 after buying an additional 2,605,433 shares during the last quarter. Finally, Amundi grew its holdings in shares of Palo Alto Networks by 67.1% during the first quarter. Amundi now owns 6,297,833 shares of the network technology company's stock valued at $1,009,669,000 after buying an additional 2,528,299 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Palo Alto Networks

In other news, CAO Josh D. Paul sold 900 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief accounting officer directly owned 79,644 shares of the company's stock, valued at $27,477,180. This represents a 1.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Helle Thorning-Schmidt sold 700 shares of the firm's stock in a transaction that occurred on Tuesday, July 7th. The stock was sold at an average price of $346.85, for a total transaction of $242,795.00. Following the sale, the director owned 5,898 shares of the company's stock, valued at approximately $2,045,721.30. The trade was a 10.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 101,239 shares of company stock valued at $27,174,360 in the last three months. 1.40% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on PANW shares. Capital One Financial set a $421.00 target price on shares of Palo Alto Networks and gave the stock an "overweight" rating in a report on Thursday, July 16th. DA Davidson lifted their price target on Palo Alto Networks from $190.00 to $345.00 and gave the company a "buy" rating in a research note on Wednesday, June 3rd. Evercore reissued an "outperform" rating and set a $415.00 price objective on shares of Palo Alto Networks in a report on Wednesday, July 8th. Barclays reissued an "overweight" rating and set a $370.00 price objective (up from $315.00) on shares of Palo Alto Networks in a report on Wednesday, August 5th. Finally, Truist Financial raised their target price on Palo Alto Networks from $275.00 to $375.00 and gave the company a "buy" rating in a report on Wednesday, June 3rd. One 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $333.76.

Palo Alto Networks Stock Up 5.8%

Shares of NASDAQ:PANW opened at $385.04 on Tuesday. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $385.17. The company has a market capitalization of $313.81 billion, a PE ratio of 315.61, a price-to-earnings-growth ratio of 12.21 and a beta of 0.91. The business has a fifty day moving average price of $319.57 and a two-hundred day moving average price of $229.90. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last released its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.06. The company had revenue of $3 billion for the quarter, compared to analysts' expectations of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business's revenue for the quarter was up 31.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.37 EPS. 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. Analysts forecast that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current 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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