Palo Alto Networks, Inc. $PANW Shares Sold by Carmignac Gestion

Key Points

• Carmignac Gestion has significantly reduced its stake in Palo Alto Networks by 85.9%, now holding only 3,000 shares after selling 18,352 shares in the first quarter.
• Other institutional investors have increased their holdings, with Nuveen LLC purchasing a stake valued at $810 million and Northern Trust Corp increasing its stake by 133.7%.
• Palo Alto Networks’ stock has a market capitalization of $121.06 billion, with a 52-week high of $210.39 and an EPS guidance of 3.750-3.850 for fiscal year 2026.

Carmignac Gestion trimmed its position in Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 85.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,000 shares of the network technology company's stock after selling 18,352 shares during the quarter. Carmignac Gestion's holdings in Palo Alto Networks were worth $512,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of PANW. Nuveen LLC purchased a new stake in Palo Alto Networks in the first quarter valued at $810,047,000. Northern Trust Corp lifted its stake in shares of Palo Alto Networks by 133.7% in the fourth quarter. Northern Trust Corp now owns 7,842,647 shares of the network technology company's stock valued at $1,427,048,000 after purchasing an additional 4,486,654 shares during the period. Nuveen Asset Management LLC increased its holdings in 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 acquiring an additional 3,047,625 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Palo Alto Networks by 92.7% during the fourth 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 buying an additional 2,862,718 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in 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 valued at $411,292,000 after purchasing an additional 2,397,539 shares during the period. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, EVP Lee Klarich sold 120,774 shares of the business's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $171.58, for a total transaction of $20,722,402.92. Following the completion of the transaction, the executive vice president directly owned 206,718 shares in the company, valued at approximately $35,468,674.44. The trade was a 36.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Aparna Bawa sold 526 shares of the business's stock in a transaction that occurred on Friday, May 30th. The shares were sold at an average price of $190.00, for a total value of $99,940.00. Following the completion of the transaction, the director owned 8,632 shares of the company's stock, valued at $1,640,080. This represents a 5.74% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 669,248 shares of company stock worth $126,423,337. Corporate insiders own 2.50% of the company's stock.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $181.56 on Wednesday. Palo Alto Networks, Inc. has a 52 week low of $144.15 and a 52 week high of $210.39. The company's fifty day moving average is $191.31 and its 200-day moving average is $186.32. The company has a market capitalization of $121.06 billion, a PE ratio of 113.12, a P/E/G ratio of 4.33 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued 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. Palo Alto Networks had a net margin of 12.30% and a return on equity of 18.55%. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.50 billion. During the same quarter in the previous year, the company earned $0.75 EPS. The firm's revenue for the quarter was up 15.8% compared to the same quarter last year. 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 forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have weighed in on PANW. Barclays reaffirmed an "overweight" rating and set a $215.00 price target (up from $210.00) on shares of Palo Alto Networks in a research report on Tuesday. Wells Fargo & Company upped their price target on shares of Palo Alto Networks from $225.00 to $235.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 21st. UBS Group set a $185.00 price objective on shares of Palo Alto Networks and gave the stock a "neutral" rating in a report on Tuesday, August 12th. Guggenheim upped their price target on shares of Palo Alto Networks from $130.00 to $135.00 and gave the company a "sell" rating in a report on Tuesday. Finally, Rosenblatt Securities reduced their price objective on shares of Palo Alto Networks from $235.00 to $215.00 and set a "buy" rating for the company in a research note on Thursday, August 14th. Twenty-eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $218.86.

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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