Cardano Risk Management B.V. Takes $119.78 Million Position in Palo Alto Networks, Inc. $PANW

Cardano Risk Management B.V. bought a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 351,256 shares of the network technology company’s stock, valued at approximately $119,785,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Everpar Advisors LLC increased its holdings in shares of Palo Alto Networks by 31.7% during the 2nd quarter. Everpar Advisors LLC now owns 4,402 shares of the network technology company’s stock worth $1,501,000 after acquiring an additional 1,060 shares during the last quarter. TL Private Wealth bought a new stake in Palo Alto Networks in the 2nd quarter valued at $202,000. Worth Asset Management LLC acquired a new stake in Palo Alto Networks during the 2nd quarter valued at $2,305,000. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Palo Alto Networks by 233.1% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,539 shares of the network technology company’s stock valued at $525,000 after purchasing an additional 1,077 shares during the last quarter. Finally, Foresight Capital Management Advisors Inc. bought a new position in Palo Alto Networks during the second quarter worth $202,000. Institutional investors own 79.82% of the company’s stock.

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, Director Aparna Bawa sold 290 shares of the business’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $348.74, for a total value of $101,134.60. Following the completion of the sale, the director owned 6,437 shares of the company’s stock, valued at $2,244,839.38. The trade was a 4.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James J. Goetz sold 20,000 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $279.90, for a total transaction of $5,598,000.00. Following the transaction, the director owned 20,000 shares in the company, valued at approximately $5,598,000. The trade was a 50.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 101,239 shares of company stock worth $27,174,360. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Up 1.2%

PANW stock opened at $363.86 on Friday. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $376.98. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The stock has a market capitalization of $296.55 billion, a price-to-earnings ratio of 298.25, a PEG ratio of 12.21 and a beta of 0.91. The business’s fifty day moving average price is $317.88 and its two-hundred day moving average price is $228.20.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share (EPS) 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 analysts’ expectations of $2.94 billion. During the same quarter in the previous year, the business posted $0.37 earnings per share. Palo Alto Networks’s quarterly 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. On average, equities analysts anticipate that Palo Alto Networks, Inc. will post 2.02 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have commented on the stock. HSBC upped their price objective on shares of Palo Alto Networks from $114.00 to $207.00 in a report on Thursday, June 4th. JPMorgan Chase & Co. lifted their target price on shares of Palo Alto Networks from $200.00 to $300.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Weiss Ratings lowered shares of Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 4th. Truist Financial increased their price target on shares of Palo Alto Networks from $275.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Finally, Wedbush increased their price target on shares of Palo Alto Networks from $300.00 to $340.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $333.76.

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.