MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH Increases Stock Holdings in Palo Alto Networks, Inc. $PANW

Key Points

• MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH significantly increased its holdings in Palo Alto Networks, Inc. by 277.3%, owning 231,344 shares valued at approximately $47.34 million as per its latest SEC filing.
• Several institutional investors, including Goldman Sachs and GAMMA Investing LLC, have also made substantial increases in their positions in Palo Alto Networks, reflecting growing interest in the company.
• Palo Alto Networks reported a 15.8% annual revenue increase, with earnings of $0.95 per share, surpassing analyst expectations and setting its fiscal guidance for 2026 at 3.750-3.850 EPS.

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 277.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 231,344 shares of the network technology company's stock after purchasing an additional 170,021 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH's holdings in Palo Alto Networks were worth $47,342,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Nuveen LLC purchased a new stake in shares of Palo Alto Networks in the first quarter worth about $810,047,000. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Palo Alto Networks in the second quarter worth about $633,068,000. GAMMA Investing LLC boosted its position in shares of Palo Alto Networks by 18,802.8% in the first quarter. GAMMA Investing LLC now owns 2,410,290 shares of the network technology company's stock worth $411,292,000 after buying an additional 2,397,539 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Palo Alto Networks by 41.9% in the first quarter. Goldman Sachs Group Inc. now owns 7,235,406 shares of the network technology company's stock worth $1,234,650,000 after buying an additional 2,134,735 shares during the period. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of Palo Alto Networks by 77.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,879,506 shares of the network technology company's stock worth $662,000,000 after buying an additional 1,688,432 shares during the period. Hedge funds and other institutional investors own 79.82% of the company's stock.

Palo Alto Networks Trading Down 1.3%

NASDAQ:PANW opened at $200.70 on Thursday. The firm has a market capitalization of $134.25 billion, a PE ratio of 125.05, a price-to-earnings-growth ratio of 4.84 and a beta of 0.98. The stock has a 50 day moving average of $189.33 and a 200-day moving average of $186.99. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $210.39.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its earnings results on Monday, August 18th. The network technology company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.89 by $0.06. The company had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a return on equity of 17.66% and a net margin of 12.30%.The business's revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the company 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. As a group, analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

PANW has been the topic of several recent analyst reports. Guggenheim boosted their price target on Palo Alto Networks from $130.00 to $135.00 and gave the stock a "sell" rating in a research note on Tuesday, August 19th. JMP Securities reiterated a "market outperform" rating and issued a $212.00 price target on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Truist Financial set a $220.00 price target on Palo Alto Networks and gave the stock a "buy" rating in a research note on Tuesday, August 19th. Scotiabank boosted their price target on Palo Alto Networks from $225.00 to $228.00 and gave the stock a "sector outperform" rating in a research note on Tuesday, August 19th. Finally, New Street Research upped their price objective on Palo Alto Networks from $235.00 to $240.00 and gave the company a "buy" rating in a research note on Friday, September 12th. Twenty-nine 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 stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $212.39.

Insiders Place Their Bets

In related news, CEO Nikesh Arora sold 846,408 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.06, for a total value 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. This represents a 75.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the transaction, the executive vice president directly owned 96,135 shares of the company's stock, valued at $19,629,805.65. This trade represents a 4.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,415,030 shares of company stock worth $279,198,494. 2.50% of the stock is owned by company insiders.

Palo Alto Networks 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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