LGT Group Foundation Has $43.68 Million Position in Palo Alto Networks, Inc. $PANW

LGT Group Foundation increased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 57.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 211,194 shares of the network technology company’s stock after buying an additional 76,918 shares during the quarter. LGT Group Foundation’s holdings in Palo Alto Networks were worth $43,675,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of PANW. Darwin Wealth Management LLC bought a new position in shares of Palo Alto Networks during the 2nd quarter worth approximately $25,000. Howard Hughes Medical Institute acquired a new stake in Palo Alto Networks in the second quarter valued at $29,000. Winch Advisory Services LLC grew its holdings in Palo Alto Networks by 96.1% during the third quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock worth $30,000 after purchasing an additional 73 shares during the period. MTM Investment Management LLC acquired a new stake in Palo Alto Networks during the 2nd quarter valued at $31,000. Finally, Caitlin John LLC bought a new stake in shares of Palo Alto Networks during the 3rd quarter worth about $31,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insider Activity at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $188.18, for a total transaction of $940,900.00. Following the completion of the transaction, the executive vice president directly owned 155,119 shares of the company’s stock, valued at $29,190,293.42. This trade represents a 3.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Lee Klarich sold 120,768 shares of the firm’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $191.03, for a total value of $23,070,311.04. Following the transaction, the executive vice president directly owned 298,887 shares of the company’s stock, valued at approximately $57,096,383.61. This trade represents a 28.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 126,568 shares of company stock worth $24,159,059 in the last 90 days. Company insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on PANW shares. Truist Financial set a $200.00 price target on Palo Alto Networks and gave the stock a “buy” rating in a research report on Tuesday, February 17th. TD Cowen reaffirmed a “buy” rating on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Cantor Fitzgerald restated an “overweight” rating on shares of Palo Alto Networks in a report on Wednesday, February 18th. Needham & Company LLC decreased their price target on shares of Palo Alto Networks from $230.00 to $200.00 and set a “buy” rating for the company in a research note on Wednesday, February 18th. Finally, Loop Capital cut their price objective on shares of Palo Alto Networks from $190.00 to $160.00 and set a “hold” rating on the stock in a report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $210.19.

Palo Alto Networks Price Performance

Shares of PANW opened at $165.05 on Monday. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $223.61. The company has a market capitalization of $134.68 billion, a P/E ratio of 91.19, a P/E/G ratio of 5.96 and a beta of 0.78. The firm’s 50 day simple moving average is $171.66 and its 200 day simple moving average is $190.19.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. The business had revenue of $2.59 billion for the quarter, compared to analysts’ expectations of $2.58 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The business’s quarterly revenue was up 14.9% on a year-over-year basis. During the same period last year, the business earned $0.81 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. On average, equities analysts anticipate that Palo Alto Networks, Inc. will post 1.76 earnings per share 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.