Palo Alto Networks, Inc. $PANW Shares Bought by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 47.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,468 shares of the network technology company's stock after buying an additional 19,242 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S's holdings in Palo Alto Networks were worth $10,954,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Pinebridge Investments LLC purchased a new position in shares of Palo Alto Networks in the fourth quarter valued at approximately $74,604,000. WINTON GROUP Ltd purchased a new position in shares of Palo Alto Networks in the fourth quarter valued at approximately $14,125,000. Arsenal Capital Advisors LLC purchased a new position in shares of Palo Alto Networks in the fourth quarter valued at approximately $312,000. Randolph Co Inc boosted its stake in shares of Palo Alto Networks by 1.1% in the fourth quarter. Randolph Co Inc now owns 84,298 shares of the network technology company's stock valued at $15,528,000 after purchasing an additional 923 shares during the period. Finally, Harvest Fund Management Co. Ltd boosted its stake in shares of Palo Alto Networks by 22.9% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 54,760 shares of the network technology company's stock valued at $10,086,000 after purchasing an additional 10,220 shares during the period. Hedge funds and other institutional investors own 79.82% of the company's stock.

Palo Alto Networks Stock Down 2.6%

Shares of NASDAQ:PANW opened at $272.05 on Friday. The firm's 50 day moving average price is $205.03 and its 200 day moving average price is $186.58. The stock has a market cap of $221.72 billion, a price-to-earnings ratio of 222.99, a price-to-earnings-growth ratio of 10.01 and a beta of 0.94. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $302.95. The company has a quick ratio of 1.04, a current ratio of 0.86 and a debt-to-equity ratio of 0.04.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.06. The firm had revenue of $3 billion for the quarter, compared to analysts' expectations of $2.94 billion. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The firm's revenue was up 31.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.37 earnings per share. 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. As a group, equities research analysts predict that Palo Alto Networks, Inc. will post 2.15 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently commented on PANW shares. BNP Paribas Exane raised their price objective on shares of Palo Alto Networks from $220.00 to $330.00 and gave the company an "outperform" rating in a research note on Wednesday. Scotiabank reissued a "sector outperform" rating and issued a $320.00 price objective (up from $180.00) on shares of Palo Alto Networks in a research note on Wednesday. Stephens raised their price objective on shares of Palo Alto Networks from $180.00 to $300.00 and gave the company an "equal weight" rating in a research note on Wednesday. Evercore reissued an "outperform" rating and issued a $375.00 price objective on shares of Palo Alto Networks in a research note on Wednesday. Finally, Barclays reissued an "overweight" rating and issued a $315.00 price objective (up from $220.00) on shares of Palo Alto Networks in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $306.59.

Trending Headlines about Palo Alto Networks

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Analyst sentiment remains broadly constructive, with multiple firms raising price targets after earnings, including targets of $207 to $360 and several firms reiterating positive forecasts for PANW. HSBC adjusts price target on Palo Alto Networks
• Positive Sentiment: FBN Securities upgraded Palo Alto Networks from “outperform” to “strong-buy,” adding to the bullish analyst backdrop. FBN Securities upgrade
• Neutral Sentiment: Several articles note that PANW’s strong AI security narrative and recent earnings beat have kept the long-term story intact, even as the stock has cooled after its sharp rally. Barron's on Palo Alto Networks rally
• Negative Sentiment: Cybersecurity peers, especially CrowdStrike, sold off after earnings, and that weakness spilled over to PANW as investors demanded clearer proof of AI monetization and more room for upside after the rally. CrowdStrike sinks, weighing on Palo Alto Networks
• Negative Sentiment: Some commentary argues PANW’s stock has run too far too fast, suggesting valuation concerns and profit-taking are pressuring shares despite solid fundamentals. Seeking Alpha on Palo Alto Networks valuation

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 62,904 shares of the firm's stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the sale, the executive vice president owned 235,983 shares of the company's stock, valued at approximately $61,037,002.95. This trade represents a 21.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Josh D. Paul sold 1,100 shares of the firm's stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $285.08, for a total transaction of $313,588.00. Following the sale, the chief accounting officer directly owned 81,636 shares in the company, valued at approximately $23,272,790.88. The trade was a 1.33% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 72,076 shares of company stock valued at $17,930,587 in the last quarter. Company insiders own 1.40% of the company's stock.

About Palo Alto Networks

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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