Palo Alto Networks, Inc. $PANW Stock Holdings Lowered by Raiffeisen Bank International AG

Key Points

• Raiffeisen Bank International AG cut its Palo Alto Networks stake by 9.2% in the fourth quarter, selling 31,220 shares and leaving it with 309,964 shares valued at about $57.9 million.
• Palo Alto Networks recently reported better-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.
• Analysts remain broadly upbeat on PANW, with several firms raising price targets and the stock carrying a Moderate Buy consensus target of $306.59; however, some insiders have also sold shares recently.

Raiffeisen Bank International AG lowered its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW - Free Report) by 9.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 309,964 shares of the network technology company's stock after selling 31,220 shares during the period. Raiffeisen Bank International AG's holdings in Palo Alto Networks were worth $57,917,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Ruggiero Investments Inc. bought a new position in shares of Palo Alto Networks during the fourth quarter worth about $240,000. Andra AP fonden bought a new position in shares of Palo Alto Networks during the fourth quarter worth about $19,238,000. Colonial Trust Co SC grew its position in shares of Palo Alto Networks by 3.4% during the fourth quarter. Colonial Trust Co SC now owns 47,247 shares of the network technology company's stock worth $8,703,000 after acquiring an additional 1,549 shares during the last quarter. Sit Investment Associates Inc. grew its position in shares of Palo Alto Networks by 1.1% during the fourth quarter. Sit Investment Associates Inc. now owns 79,417 shares of the network technology company's stock worth $14,629,000 after acquiring an additional 838 shares during the last quarter. Finally, Aviva PLC grew its position in shares of Palo Alto Networks by 5.4% during the fourth quarter. Aviva PLC now owns 568,804 shares of the network technology company's stock worth $104,774,000 after acquiring an additional 29,230 shares during the last quarter. Institutional investors own 79.82% of the company's stock.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $279.53 on Friday. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $302.95. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $227.82 billion, a price-to-earnings ratio of 229.12, a PEG ratio of 9.77 and a beta of 0.94. The firm has a 50-day moving average of $214.06 and a two-hundred day moving average of $188.58.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last issued its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share 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 company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the prior year, the company earned $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. As a group, analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Palo Alto Networks news, EVP Lee Klarich sold 62,904 shares of the company's stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the sale, the executive vice president directly owned 235,983 shares of the company's stock, valued at approximately $61,037,002.95. This represents a 21.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Josh D. Paul sold 1,100 shares of the company's stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $285.08, for a total transaction of $313,588.00. Following the completion of the sale, the chief accounting officer directly owned 81,636 shares of the company's stock, valued at $23,272,790.88. The trade was a 1.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 72,076 shares of company stock worth $17,930,587 in the last ninety days. Insiders own 1.40% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on PANW shares. Wells Fargo & Company restated an "overweight" rating and set a $325.00 price target (up from $285.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Stifel Nicolaus set a $340.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Berenberg Bank upped their price objective on shares of Palo Alto Networks from $290.00 to $360.00 and gave the stock a "buy" rating in a report on Wednesday, June 3rd. Susquehanna reaffirmed a "positive" rating and issued a $350.00 price objective (up from $200.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Finally, Evercore reaffirmed an "outperform" rating and issued a $375.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $306.59.

Key Headlines Impacting Palo Alto Networks

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

• Positive Sentiment: Scotiabank nudged its FY2027 EPS estimate higher for PANW, signaling modest confidence in longer-term earnings growth.
• Positive Sentiment: Recent commentary on Prisma AIRS suggests AI security is gaining traction and could boost revenue growth and deal size.
• Positive Sentiment: Broader cybersecurity-sector coverage remains constructive, with analysts and institutions still favoring the group amid rising AI-related security demand.
• Neutral Sentiment: Northland Securities kept a $302 price target and Market Perform rating while issuing a range of earnings estimates, indicating a cautious but not bearish stance.
• Negative Sentiment: Northland also trimmed some near- and mid-term EPS forecasts for PANW, reflecting lingering concern about profitability assumptions and valuation.
• Negative Sentiment: PANW still trades at a demanding valuation, so any slowdown in AI-security momentum could increase volatility.

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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