24,697 Palo Alto Networks, Inc. $PANW Shares Bought by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab raised its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 114.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 46,198 shares of the network technology company’s stock after buying an additional 24,697 shares during the quarter. Danica Pension Livsforsikringsaktieselskab’s holdings in Palo Alto Networks were worth $18,355,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. B&D White Capital Company LLC purchased a new stake in Palo Alto Networks in the 1st quarter valued at about $353,000. Bridgewater Advisors Inc. purchased a new position in shares of Palo Alto Networks during the 2nd quarter worth about $2,159,000. Mn Services Vermogensbeheer B.V. lifted its holdings in shares of Palo Alto Networks by 1.6% during the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 240,029 shares of the network technology company’s stock worth $95,366,000 after acquiring an additional 3,700 shares during the period. First Citizens Bank & Trust Co. lifted its holdings in shares of Palo Alto Networks by 126.6% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 18,600 shares of the network technology company’s stock worth $7,390,000 after acquiring an additional 10,392 shares during the period. Finally, St. Louis Financial Planners Asset Management LLC acquired a new stake in shares of Palo Alto Networks in the third quarter worth approximately $1,569,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Trading Down 0.1%

NASDAQ PANW traded down $0.42 during mid-day trading on Friday, hitting $322.24. The company’s stock had a trading volume of 5,278,636 shares, compared to its average volume of 6,260,294. The firm has a market capitalization of $263.84 billion, a P/E ratio of 631.86, a price-to-earnings-growth ratio of 9.25 and a beta of 0.96. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.87 and a quick ratio of 0.87. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $432.33. The stock’s fifty day simple moving average is $367.50 and its two-hundred day simple moving average is $277.20.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Tuesday, September 1st. The network technology company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.04. Palo Alto Networks had a net margin of 2.67% and a return on equity of 8.50%. The company had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.35 billion. During the same period in the previous year, the firm earned $0.95 earnings per share. Palo Alto Networks’s revenue for the quarter was up 34.5% on a year-over-year basis. Palo Alto Networks has set its FY 2027 guidance at 4.160-4.190 EPS and its Q1 2027 guidance at 0.960-0.980 EPS. Research analysts expect that Palo Alto Networks, Inc. will post 2.32 EPS for the current year.

Insider Buying and Selling at Palo Alto Networks

In related news, Director Aparna Bawa sold 1,000 shares of the company’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $373.61, for a total transaction of $373,610.00. Following the completion of the sale, the director directly owned 5,437 shares of the company’s stock, valued at approximately $2,031,317.57. This represents a 15.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James Goetz sold 20,000 shares of the company’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $376.68, for a total transaction of $7,533,600.00. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 54,210 shares of company stock worth $20,823,029. Corporate insiders own 0.55% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on PANW. Robert W. Baird set a $420.00 target price on shares of Palo Alto Networks and gave the company an “outperform” rating in a report on Wednesday, September 2nd. Piper Sandler reaffirmed an “overweight” rating and set a $410.00 price target (up from $345.00) on shares of Palo Alto Networks in a research note on Wednesday, September 2nd. HSBC cut their price target on shares of Palo Alto Networks from $201.00 to $190.00 in a research note on Thursday, September 3rd. Mizuho set a $415.00 price target on shares of Palo Alto Networks and gave the company an “outperform” rating in a report on Wednesday, August 19th. Finally, New Street Research set a $415.00 price objective on shares of Palo Alto Networks in a research note on Tuesday, August 18th. Forty investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $397.12.

Top Palo Alto Networks Stories

Investors following PANW have been watching these stories:

• Positive Sentiment: Palo Alto’s AI-security tool was described as the company’s fastest product ramp, highlighting adoption momentum in a growth area. CIBC also included PANW among its post-election stock picks. Palo Alto Networks AI security tool became the company’s fastest product ramp
• Neutral Sentiment: Jefferies lowered its price target from $450 to $400 but maintained a Buy rating, leaving the analyst positive while signaling a more cautious valuation view. Jefferies analyst recommendations
• Negative Sentiment: A Zacks comparison favored Cloudflare over Palo Alto, citing Cloudflare’s stronger revenue-growth outlook and rising AI-security demand. This could weigh on PANW relative to peers, though it is one analyst’s comparison rather than a change to PANW’s outlook. PANW vs. NET: Which Cybersecurity Stock Should You Buy Right Now?

Palo Alto Networks Profile

Palo Alto Networks, Inc. is a cybersecurity company that provides products and services to help organizations protect their networks, cloud environments, devices and applications. Its offerings include next-generation firewalls, cloud security tools, secure access services and platforms for detecting and responding to cyber threats. The company’s product portfolio includes Prisma for cloud and network security and Cortex for security operations, including threat detection and response. It also provides cybersecurity consulting and incident-response services through Unit 42.