Palo Alto Networks, Inc. $PANW Shares Bought by Lansforsakringar Fondforvaltning AB publ

Key Points

• Lansforsakringar Fondforvaltning AB increased its Palo Alto Networks stake by 22.8% in Q1, buying an additional 94,117 shares and bringing its holdings to 507,550 shares worth about $81.4 million.
• Several analysts turned more bullish on PANW, including Goldman Sachs, JPMorgan, Citigroup, and Northland, with the stock carrying a consensus rating of Moderate Buy and an average price target of $311.98. Arete was especially optimistic, lifting its target to $433 from $185 while keeping a buy rating.
• Palo Alto Networks reported stronger-than-expected quarterly results, with EPS of $0.85 versus $0.79 expected and revenue of $3.0 billion, up 31.1% year over year. The stock also traded near a 12-month high at $332, while insiders sold shares over the past 90 days.

Lansforsakringar Fondforvaltning AB publ lifted its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 22.8% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 507,550 shares of the network technology company's stock after acquiring an additional 94,117 shares during the quarter. Lansforsakringar Fondforvaltning AB publ owned 0.06% of Palo Alto Networks worth $81,370,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PANW. Brighton Jones LLC increased its holdings in Palo Alto Networks by 147.7% during the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock worth $1,230,000 after purchasing an additional 4,031 shares during the last quarter. Bison Wealth LLC raised its position in shares of Palo Alto Networks by 169.1% in the 4th quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company's stock valued at $948,000 after purchasing an additional 3,275 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Palo Alto Networks by 66.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company's stock valued at $713,000 after buying an additional 1,389 shares during the last quarter. Osterweis Capital Management Inc. boosted its stake in shares of Palo Alto Networks by 11,100.0% during the 2nd quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company's stock valued at $115,000 after buying an additional 555 shares during the last quarter. Finally, Main Street Financial Solutions LLC grew its position in shares of Palo Alto Networks by 6.0% during the second quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company's stock worth $900,000 after buying an additional 249 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on PANW shares. The Goldman Sachs Group restated a "buy" rating and issued a $330.00 price target on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. William Blair reissued an "outperform" rating on shares of Palo Alto Networks in a report on Tuesday, June 16th. JPMorgan Chase & Co. upped their target price on shares of Palo Alto Networks from $200.00 to $300.00 and gave the company an "overweight" rating in a research note on Monday, June 1st. Citigroup reaffirmed a "market outperform" rating on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Northland Securities lifted their price target on Palo Alto Networks from $190.00 to $302.00 and gave the stock a "market perform" rating in a research note on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $311.98.

Palo Alto Networks News Roundup

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

• Positive Sentiment: Arete Research sharply raised its price target on Palo Alto Networks to $433 from $185 and reiterated a buy rating, signaling meaningful upside potential versus recent trading levels. Arete adjusts price target on Palo Alto Networks to $433 from $185, maintains buy rating
• Positive Sentiment: Multiple articles highlighted PANW as a standout AI/cybersecurity stock, reinforcing the market’s view that the company is benefiting from investor demand for AI-security exposure. 5 AI Stocks That Are Surging
• Positive Sentiment: Zacks noted that strategic partnerships could strengthen PANW’s AI security platform, which may support longer-term growth in regulated industries. Can Strategic Partnerships Strengthen PANW's AI Security Platform?
• Neutral Sentiment: Market coverage also described PANW as part of a “moderate buy” consensus among analysts, which supports the stock but does not add a new catalyst. Palo Alto Networks, Inc. Given Consensus Rating of Moderate Buy by Analysts
• Neutral Sentiment: Broader cybersecurity-sector articles continue to place PANW among the top names to watch, but these items appear to be more sentiment-driven than fundamentally new. Promising Cybersecurity Stocks To Consider - June 28th

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, Director John P. Key sold 7,500 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the sale, the director owned 12,500 shares of the company's stock, valued at $3,490,500. The trade was a 37.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James J. Goetz sold 20,000 shares of the business's stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the transaction, the director owned 20,000 shares of the company's stock, valued at $5,598,000. This trade represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 106,389 shares of company stock valued at $27,570,630. 1.40% of the stock is currently owned by insiders.

Palo Alto Networks Trading Up 9.1%

NASDAQ:PANW opened at $332.00 on Tuesday. The firm has a market capitalization of $270.58 billion, a P/E ratio of 272.13, a P/E/G ratio of 11.30 and a beta of 0.94. The business has a 50 day simple moving average of $244.52 and a 200 day simple moving average of $197.08. 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, Inc. has a 12-month low of $139.57 and a 12-month high of $332.88.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) 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 firm had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same period in the previous year, the business posted $0.37 EPS. Palo Alto Networks's revenue was up 31.1% on a year-over-year basis. 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 predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

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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