Palo Alto Networks, Inc. $PANW Shares Purchased by Ilmarinen Mutual Pension Insurance Co

Key Points

• Ilmarinen Mutual Pension Insurance Co increased its stake in Palo Alto Networks by 10.0%, owning 110,000 shares valued at $18.77 million after acquiring 10,000 additional shares in Q1.
• Palo Alto Networks reported $2.54 billion in revenue for the last quarter, exceeding analyst expectations and marked a 15.8% year-over-year increase.
• Insider sales indicate executives are proceeding with caution, with 569,422 shares valued at $106.63 million sold over the last 90 days, representing a potential shift in confidence.

Ilmarinen Mutual Pension Insurance Co raised its stake in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 10.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 110,000 shares of the network technology company's stock after buying an additional 10,000 shares during the quarter. Ilmarinen Mutual Pension Insurance Co's holdings in Palo Alto Networks were worth $18,770,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Palo Alto Networks by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 62,775,544 shares of the network technology company's stock worth $10,712,019,000 after acquiring an additional 1,541,637 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in Palo Alto Networks by 41.9% during 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Palo Alto Networks by 16.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,902,048 shares of the network technology company's stock valued at $1,177,765,000 after acquiring an additional 950,765 shares during the period. Nuveen Asset Management LLC raised its holdings in shares of Palo Alto Networks by 98.0% during the 4th quarter. Nuveen Asset Management LLC now owns 6,158,580 shares of the network technology company's stock valued at $1,120,615,000 after buying an additional 3,047,625 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Palo Alto Networks by 92.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,951,283 shares of the network technology company's stock worth $1,082,895,000 after acquiring an additional 2,862,718 shares in the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Palo Alto Networks Price Performance

PANW opened at $197.55 on Wednesday. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $210.39. The firm has a market capitalization of $132.14 billion, a P/E ratio of 123.08, a price-to-earnings-growth ratio of 4.71 and a beta of 0.98. The company has a fifty day moving average price of $188.19 and a 200-day moving average price of $185.75.

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

Wall Street Analyst Weigh In

PANW has been the subject of several research analyst reports. UBS Group set a $185.00 price objective on Palo Alto Networks and gave the company a "neutral" rating in a report on Tuesday, August 12th. Jefferies Financial Group set a $235.00 target price on Palo Alto Networks in a research note on Tuesday, July 29th. Scotiabank boosted their target price on Palo Alto Networks from $225.00 to $228.00 and gave the company a "sector outperform" rating in a research note on Tuesday, August 19th. Cantor Fitzgerald reiterated an "overweight" rating and set a $223.00 target price on shares of Palo Alto Networks in a report on Friday, August 15th. Finally, Piper Sandler raised Palo Alto Networks from a "neutral" rating to an "overweight" rating and upped their target price for the company from $200.00 to $225.00 in a research report on Tuesday, August 12th. Twenty-eight investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Palo Alto Networks has a consensus rating of "Moderate Buy" and a consensus target price of $211.68.

Insider Buying and Selling at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction that occurred on Monday, June 23rd. The shares were sold at an average price of $201.85, for a total transaction of $1,009,250.00. Following the completion of the sale, the executive vice president owned 101,135 shares of the company's stock, valued at $20,414,099.75. This represents a 4.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Nir Zuk sold 100,000 shares of the company's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the transaction, the executive vice president owned 3,143,516 shares in the company, valued at $543,199,564.80. The trade was a 3.08% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 569,422 shares of company stock valued at $106,629,618. Corporate insiders own 2.50% of the company's stock.

Palo Alto Networks Company 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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