Palo Alto Networks, Inc. $PANW Shares Sold by Tredje AP fonden

Tredje AP fonden lessened its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 33.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 175,607 shares of the network technology company’s stock after selling 89,618 shares during the quarter. Tredje AP fonden’s holdings in Palo Alto Networks were worth $32,347,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in PANW. Darwin Wealth Management LLC purchased a new position in Palo Alto Networks in the second quarter worth approximately $25,000. Steph & Co. increased its position in shares of Palo Alto Networks by 88.2% in the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after purchasing an additional 67 shares during the last quarter. Knuff & Co LLC acquired a new stake in shares of Palo Alto Networks in the 4th quarter valued at $26,000. Luken Investment Analytics LLC lifted its position in shares of Palo Alto Networks by 196.2% during the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after purchasing an additional 102 shares during the last quarter. Finally, WHI TRUST Co LLC purchased a new stake in shares of Palo Alto Networks during the 4th quarter worth $28,000. 79.82% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director James J. Goetz sold 22,684 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $164.41, for a total value of $3,729,476.44. Following the completion of the sale, the director owned 52,500 shares in the company, valued at $8,631,525. This represents a 30.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Nikesh Arora purchased 68,085 shares of the firm’s stock in a transaction that occurred on Friday, March 27th. The shares were acquired at an average price of $146.87 per share, with a total value of $9,999,643.95. Following the purchase, the chief executive officer owned 343,394 shares in the company, valued at $50,434,276.78. This trade represents a 24.73% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders sold 30,356 shares of company stock valued at $4,981,575. 1.40% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Daiwa Securities Group dropped their target price on Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating on the stock in a report on Tuesday, February 24th. New Street Research dropped their price objective on Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating on the stock in a report on Thursday, February 19th. Needham & Company LLC cut their target price on Palo Alto Networks from $230.00 to $200.00 and set a “buy” rating on the stock in a research report on Wednesday, February 18th. Morgan Stanley restated an “overweight” rating and set a $223.00 target price (down from $245.00) on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $275.00 price target (up from $245.00) on shares of Palo Alto Networks in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $217.59.

More Palo Alto Networks News

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

• Positive Sentiment: Rosenblatt Securities raised its price target on Palo Alto Networks from $225 to $275 and kept a buy rating, signaling stronger confidence in the company’s outlook. Rosenblatt Securities Issues Positive Forecast for Palo Alto Networks (NASDAQ:PANW) Stock Price
• Positive Sentiment: Mizuho increased its price target from $200 to $265 and maintained an outperform rating, adding to the bullish view from analysts on PANW’s earnings and growth prospects. Palo Alto Networks (NASDAQ:PANW) Price Target Raised to $265.00 at Mizuho
• Positive Sentiment: Commentary from Jim Cramer highlighted Palo Alto Networks as “having the last laugh,” reinforcing investor optimism around the stock’s resilience and market leadership. Jim Cramer Shares Why Palo Alto (PANW) Is Having The Last Laugh
• Neutral Sentiment: One market recap noted PANW advanced while the broader market declined, but the report was mainly descriptive and did not add new fundamental information. Palo Alto Networks (PANW) Advances While Market Declines: Some Information for Investors
• Neutral Sentiment: A comparison piece said CrowdStrike currently has an edge over Palo Alto Networks on growth momentum and ARR trends, but this was more of an industry comparison than a direct negative catalyst. CRWD vs. PANW: Which Cybersecurity Stock Has an Edge Right Now?

Palo Alto Networks Stock Performance

Palo Alto Networks stock opened at $247.55 on Tuesday. The company has a market capitalization of $202.00 billion, a P/E ratio of 136.77, a PEG ratio of 8.75 and a beta of 0.77. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $248.85. The stock has a 50-day simple moving average of $176.50 and a 200-day simple moving average of $181.18.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Wednesday, February 18th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The firm had revenue of $2.59 billion for the quarter, compared to the consensus estimate of $2.58 billion. During the same quarter last year, the business posted $0.81 EPS. The firm’s quarterly revenue was up 14.9% compared to the same quarter last year. As a group, analysts forecast that Palo Alto Networks, Inc. will post 2.14 earnings per share for the current year.

Palo Alto Networks Company Profile

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.