Palo Alto Networks, Inc. $PANW Shares Acquired by Aviva PLC

Aviva PLC grew its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 568,804 shares of the network technology company’s stock after buying an additional 29,230 shares during the quarter. Aviva PLC owned about 0.08% of Palo Alto Networks worth $104,774,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of PANW. Darwin Wealth Management LLC purchased a new position in Palo Alto Networks in the 2nd quarter valued at approximately $25,000. Steph & Co. increased its stake in 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 in the last quarter. Knuff & Co LLC purchased a new position in Palo Alto Networks in the 4th quarter valued at approximately $26,000. Sittner & Nelson LLC increased its stake in Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 62 shares in the last quarter. Finally, Luken Investment Analytics LLC increased its stake in Palo Alto Networks by 196.2% in the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock valued at $28,000 after purchasing an additional 102 shares in the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PANW has been the subject of several research analyst reports. Sanford C. Bernstein raised their price objective on Palo Alto Networks from $209.00 to $253.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Mizuho raised their price objective on Palo Alto Networks from $265.00 to $305.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. HSBC raised their price objective on Palo Alto Networks from $114.00 to $207.00 in a research note on Thursday, June 4th. The Goldman Sachs Group reissued a “buy” rating and set a $330.00 price target on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Wells Fargo & Company reissued an “overweight” rating and set a $325.00 price target (up from $285.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $306.59.

Palo Alto Networks Stock Up 6.2%

Shares of NASDAQ PANW opened at $279.53 on Friday. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $302.95. The firm’s 50 day moving average price is $214.06 and its 200 day moving average price is $188.58. The firm has a market cap of $227.82 billion, a P/E ratio of 229.12, a price-to-earnings-growth ratio of 9.77 and a beta of 0.94. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business’s revenue for the quarter was up 31.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.37 earnings per share. 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. As a group, sell-side analysts anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current year.

Insiders Place Their Bets

In other Palo Alto Networks news, CEO Nikesh Arora acquired 68,085 shares of the stock in a transaction dated Friday, March 27th. The stock was acquired at an average price of $146.87 per share, with a total value of $9,999,643.95. Following the completion of the transaction, the chief executive officer directly owned 343,394 shares in the company, valued at approximately $50,434,276.78. This trade represents a 24.73% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the sale, the executive vice president directly owned 235,983 shares of the company’s stock, valued at approximately $61,037,002.95. This represents a 21.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 72,076 shares of company stock valued at $17,930,587. 1.40% of the stock is currently owned by company insiders.

Palo Alto Networks News Roundup

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

• Positive Sentiment: Scotiabank nudged its FY2027 EPS estimate higher for PANW, signaling modest confidence in longer-term earnings growth.
• Positive Sentiment: Recent commentary on Prisma AIRS suggests AI security is gaining traction and could boost revenue growth and deal size.
• Positive Sentiment: Broader cybersecurity-sector coverage remains constructive, with analysts and institutions still favoring the group amid rising AI-related security demand.
• Neutral Sentiment: Northland Securities kept a $302 price target and Market Perform rating while issuing a range of earnings estimates, indicating a cautious but not bearish stance.
• Negative Sentiment: Northland also trimmed some near- and mid-term EPS forecasts for PANW, reflecting lingering concern about profitability assumptions and valuation.
• Negative Sentiment: PANW still trades at a demanding valuation, so any slowdown in AI-security momentum could increase volatility.

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.