Allianz SE Trims Position in Palo Alto Networks, Inc. $PANW

Allianz SE decreased its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 61.6% during the third quarter, Holdings Channel reports. The fund owned 3,414 shares of the network technology company’s stock after selling 5,469 shares during the period. Allianz SE’s holdings in Palo Alto Networks were worth $695,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Darwin Wealth Management LLC bought a new position in shares of Palo Alto Networks in the 2nd quarter worth approximately $25,000. Howard Hughes Medical Institute bought a new stake in Palo Alto Networks during the second quarter valued at approximately $29,000. MTM Investment Management LLC bought a new stake in Palo Alto Networks during the second quarter valued at approximately $31,000. CBIZ Investment Advisory Services LLC increased its holdings in Palo Alto Networks by 39.7% during the third quarter. CBIZ Investment Advisory Services LLC now owns 176 shares of the network technology company’s stock valued at $36,000 after buying an additional 50 shares during the last quarter. Finally, Spurstone Advisory Services LLC bought a new position in Palo Alto Networks in the second quarter worth approximately $41,000. 79.82% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Palo Alto Networks

In related news, CAO Josh D. Paul sold 800 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $184.81, for a total transaction of $147,848.00. Following the completion of the transaction, the chief accounting officer directly owned 46,005 shares of the company’s stock, valued at approximately $8,502,184.05. This represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $188.18, for a total value of $940,900.00. Following the transaction, the executive vice president owned 155,119 shares of the company’s stock, valued at $29,190,293.42. This represents a 3.12% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 260,542 shares of company stock worth $49,910,995. 1.40% of the stock is currently owned by company insiders.

Palo Alto Networks Price Performance

Palo Alto Networks stock opened at $148.92 on Friday. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $223.61. The firm’s 50 day moving average price is $174.60 and its 200-day moving average price is $190.79. The stock has a market cap of $121.52 billion, a P/E ratio of 82.28, a PEG ratio of 5.38 and a beta of 0.75.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, February 17th. The network technology company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.09. The company had revenue of $2.59 billion during 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%. Palo Alto Networks’s quarterly revenue was up 14.9% on a year-over-year basis. During the same period last year, the company 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 expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on PANW. Morgan Stanley reissued an “overweight” rating and set a $223.00 price objective (down from $245.00) on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Argus upgraded Palo Alto Networks to a “strong-buy” rating in a research report on Friday, February 20th. Susquehanna cut their price target on Palo Alto Networks from $230.00 to $200.00 and set a “positive” rating for the company in a report on Wednesday, February 18th. BTIG Research restated a “buy” rating and issued a $200.00 price target on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Finally, Wedbush reaffirmed an “outperform” rating and issued a $225.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $211.62.

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.