Palo Alto Networks, Inc. $PANW Shares Bought by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd grew its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 5.9% during the second quarter, HoldingsChannel reports. The firm owned 20,960 shares of the network technology company’s stock after buying an additional 1,177 shares during the period. Mediolanum International Funds Ltd’s holdings in Palo Alto Networks were worth $4,204,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. DNB Asset Management AS increased its stake in Palo Alto Networks by 16.9% during the 2nd quarter. DNB Asset Management AS now owns 123,798 shares of the network technology company’s stock worth $25,334,000 after buying an additional 17,882 shares during the period. Entropy Technologies LP grew its stake in shares of Palo Alto Networks by 384.1% during the second quarter. Entropy Technologies LP now owns 22,991 shares of the network technology company’s stock valued at $4,705,000 after acquiring an additional 18,242 shares in the last quarter. Swiss National Bank increased its position in shares of Palo Alto Networks by 8.3% during the second quarter. Swiss National Bank now owns 2,004,200 shares of the network technology company’s stock worth $410,139,000 after acquiring an additional 153,500 shares during the last quarter. Personal CFO Solutions LLC increased its position in shares of Palo Alto Networks by 12.4% during the second quarter. Personal CFO Solutions LLC now owns 1,530 shares of the network technology company’s stock worth $313,000 after acquiring an additional 169 shares during the last quarter. Finally, ABN AMRO Bank N.V. acquired a new position in shares of Palo Alto Networks in the second quarter worth about $340,883,000. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total transaction of $1,020,950.00. Following the completion of the transaction, the executive vice president owned 96,135 shares in the company, valued at $19,629,805.65. The trade was a 4.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Lee Klarich sold 120,774 shares of the company’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $191.11, for a total value of $23,081,119.14. Following the transaction, the executive vice president owned 177,954 shares of the company’s stock, valued at approximately $34,008,788.94. The trade was a 40.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,215,130 shares of company stock valued at $249,031,488. 1.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

PANW has been the topic of several analyst reports. Rosenblatt Securities lifted their price objective on Palo Alto Networks from $225.00 to $250.00 and gave the stock a “buy” rating in a report on Tuesday, November 18th. Tigress Financial initiated coverage on shares of Palo Alto Networks in a research report on Friday, September 26th. They set a “buy” rating and a $245.00 price target for the company. Oppenheimer reaffirmed an “outperform” rating and issued a $245.00 price target on shares of Palo Alto Networks in a report on Thursday. Wedbush reiterated an “outperform” rating and set a $225.00 price objective on shares of Palo Alto Networks in a research note on Thursday. Finally, Northland Securities boosted their target price on shares of Palo Alto Networks from $177.00 to $190.00 and gave the stock a “market perform” rating in a research report on Thursday. Thirty investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $225.09.

Palo Alto Networks Price Performance

PANW stock opened at $182.90 on Friday. Palo Alto Networks, Inc. has a 1-year low of $144.15 and a 1-year high of $223.61. The firm has a fifty day moving average price of $208.77 and a two-hundred day moving average price of $197.37. The firm has a market cap of $125.10 billion, a price-to-earnings ratio of 115.76, a PEG ratio of 4.34 and a beta of 0.95.

Palo Alto Networks (NASDAQ:PANW) last posted its quarterly earnings results on Wednesday, November 19th. The network technology company reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.04. Palo Alto Networks had a net margin of 11.69% and a return on equity of 17.05%. The company had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same period last year, the firm posted $1.56 EPS. The company’s revenue for the quarter was up 15.7% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.800-3.900 EPS. Q2 2026 guidance at 0.930-0.950 EPS. As a group, analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

About Palo Alto Networks

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.