Skandinaviska Enskilda Banken AB publ Sells 16,755 Shares of Palo Alto Networks, Inc. $PANW

Skandinaviska Enskilda Banken AB publ trimmed its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 9.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 159,766 shares of the network technology company’s stock after selling 16,755 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in Palo Alto Networks were worth $32,532,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in PANW. Exchange Traded Concepts LLC boosted its stake in Palo Alto Networks by 29.4% in the third quarter. Exchange Traded Concepts LLC now owns 32,155 shares of the network technology company’s stock worth $6,547,000 after buying an additional 7,301 shares in the last quarter. Silver Oak Securities Incorporated lifted its holdings in shares of Palo Alto Networks by 240.1% in the 3rd quarter. Silver Oak Securities Incorporated now owns 11,732 shares of the network technology company’s stock worth $2,389,000 after acquiring an additional 8,282 shares during the last quarter. GoalVest Advisory LLC boosted its stake in shares of Palo Alto Networks by 1,248.9% in the 3rd quarter. GoalVest Advisory LLC now owns 10,899 shares of the network technology company’s stock valued at $2,219,000 after purchasing an additional 10,091 shares in the last quarter. Schroder Investment Management Group grew its holdings in shares of Palo Alto Networks by 7.9% during the 2nd quarter. Schroder Investment Management Group now owns 2,234,551 shares of the network technology company’s stock valued at $457,279,000 after purchasing an additional 163,718 shares during the last quarter. Finally, Richmond Investment Services LLC grew its holdings in shares of Palo Alto Networks by 87.2% during the 2nd quarter. Richmond Investment Services LLC now owns 3,286 shares of the network technology company’s stock valued at $672,000 after purchasing an additional 1,531 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors.

Insider Activity at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of the stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $188.18, for a total value 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 represents a 3.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Josh D. Paul sold 800 shares of Palo Alto Networks stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $184.81, for a total value of $147,848.00. Following the sale, the chief accounting officer directly owned 46,005 shares in the company, valued at approximately $8,502,184.05. The trade was a 1.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 260,542 shares of company stock worth $49,910,995. 1.40% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Northland Securities boosted their price target on shares of Palo Alto Networks from $177.00 to $190.00 and gave the stock a “market perform” rating in a research note on Thursday, November 20th. Wolfe Research increased their target price on Palo Alto Networks from $225.00 to $250.00 and gave the company an “outperform” rating in a report on Monday, December 15th. UBS Group set a $215.00 price target on Palo Alto Networks and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. HSBC downgraded Palo Alto Networks from a “hold” rating to a “reduce” rating and set a $157.00 price objective for the company. in a research report on Thursday, November 20th. Finally, Jefferies Financial Group restated a “buy” rating on shares of Palo Alto Networks in a report on Wednesday, February 4th. Thirty investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Palo Alto Networks currently has an average rating of “Moderate Buy” and an average price target of $222.89.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $163.50 on Wednesday. The firm has a market cap of $113.96 billion, a P/E ratio of 103.48, a P/E/G ratio of 3.99 and a beta of 0.75. The business’s 50 day moving average price is $181.06 and its 200-day moving average price is $192.21. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. The company had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.58 billion. Palo Alto Networks had a return on equity of 17.05% and a net margin of 11.69%.The firm’s revenue was up 14.9% on a year-over-year basis. During the same quarter last year, the firm posted $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. As a group, equities analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Key Headlines Impacting Palo Alto Networks

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

• Positive Sentiment: Q2 beats and solid growth — PANW posted $1.03 EPS and roughly $2.6B revenue (≈15% YoY), topping estimates and showing Next‑Generation Security ARR up ~33%, evidence of durable demand. Palo Alto Networks Reports Fiscal Second Quarter 2026 Financial Results
• Positive Sentiment: Revenue outlook upgraded — management raised full‑year revenue guidance to about $11.28B–$11.31B, a meaningful lift vs. prior range, signaling top‑line confidence. Palo Alto Networks Lifts Revenue Outlook as Second-Quarter Profit Jumps
• Neutral Sentiment: Product and research initiatives aim to monetize AI security demand — launches like MSIAM 2.0 and a Unit 42 report highlight strategic focus on AI‑era threats, supportive longer‑term catalysts but not immediate earnings relief. Palo Alto Networks Introduces MSIAM 2.0
• Neutral Sentiment: Analyst activity mixed — some price‑target trims (e.g., Mizuho) but buy/positive ratings remain; watch revisions for guidance sensitivity. Price Target Lowered by Mizuho
• Negative Sentiment: Profit and cost concerns weighed on shares — management flagged rising costs tied to recent deals and cut/trimmed annual profit expectations, which the market interpreted as margin pressure from acquisitions. Palo Alto Networks cuts annual profit forecast as deal costs bite, shares fall
• Negative Sentiment: Near‑term profit/guidance reaction — despite raising FY revenue, the company’s quarterly profit guidance and messaging around margins disappointed some investors, contributing to after‑hours/early selling. Palo Alto Networks slumps 6% as third quarter profit guidance falls short
• Negative Sentiment: Acquisition (Koi) raised execution and cost concerns — the announced Koi deal aims to expand AI endpoint capabilities but added short‑term integration/cost uncertainty that pressured sentiment. Palo Alto Networks Announces Intent to Acquire Koi

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.