Fideuram Asset Management Ireland dac Acquires Shares of 30,969 Palo Alto Networks, Inc. $PANW

Fideuram Asset Management Ireland dac acquired a new stake in Palo Alto Networks, Inc. (NASDAQ:PANW) in the fourth quarter, Holdings Channel reports. The fund acquired 30,969 shares of the network technology company’s stock, valued at approximately $6,070,000.

A number of other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in Palo Alto Networks by 4.1% in the 4th quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock valued at $12,512,533,000 after purchasing an additional 2,659,100 shares during the period. State Street Corp boosted its holdings in Palo Alto Networks by 1.7% in the 3rd quarter. State Street Corp now owns 29,736,916 shares of the network technology company’s stock valued at $6,055,031,000 after purchasing an additional 505,924 shares during the period. Geode Capital Management LLC boosted its holdings in Palo Alto Networks by 3.5% in the 4th quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock valued at $2,934,935,000 after purchasing an additional 540,756 shares during the period. Northern Trust Corp boosted its holdings in Palo Alto Networks by 0.5% in the 3rd quarter. Northern Trust Corp now owns 7,528,248 shares of the network technology company’s stock valued at $1,532,902,000 after purchasing an additional 36,511 shares during the period. Finally, First Trust Advisors LP boosted its holdings in Palo Alto Networks by 11.5% in the 3rd quarter. First Trust Advisors LP now owns 5,906,963 shares of the network technology company’s stock valued at $1,202,776,000 after purchasing an additional 611,375 shares during the period. Institutional investors own 79.82% of the company’s stock.

Key Palo Alto Networks News

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

• Positive Sentiment: Multiple Wall Street firms raised their price targets on PANW this week, including Benchmark to $270, Wedbush to $300, and Wells Fargo reaffirming a Buy with a $285 target, reinforcing optimism around the company’s long-term growth story. Benchmark price target increase
• Positive Sentiment: Analysts remain upbeat on Palo Alto Networks’ platform expansion and cybersecurity demand, with coverage framing the company as a potential beneficiary of AI-driven security needs. AI security supercycle article
• Neutral Sentiment: Reports ahead of Q3 earnings highlight strong platform growth, but investors are waiting for confirmation in the company’s results and guidance before making a bigger move. Q3 earnings preview
• Neutral Sentiment: Market chatter around the upcoming earnings release and key operating metrics is keeping PANW in focus, but this is more of a wait-and-see catalyst than a fresh driver. Wall Street estimates preview
• Negative Sentiment: Some investors are cautious because acquisition costs are rising and share dilution could pressure near-term earnings quality. Acquisition costs and dilution concern
• Negative Sentiment: Sentiment across cybersecurity stocks has also been pressured by weak peer guidance, and an insider sale by EVP Lee Klarich added a modest overhang. Insider sale

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on PANW. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Sanford C. Bernstein set a $209.00 price objective on shares of Palo Alto Networks and gave the company an “outperform” rating in a report on Wednesday, February 18th. DA Davidson set a $190.00 price objective on shares of Palo Alto Networks and gave the company a “buy” rating in a report on Wednesday, February 18th. Daiwa Securities Group dropped their target price on shares of Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating for the company in a research report on Tuesday, February 24th. Finally, Argus upgraded shares of Palo Alto Networks to a “strong-buy” rating in a research report on Friday, February 20th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $234.28.

Insider Buying and Selling at Palo Alto Networks

In related news, Director James J. Goetz sold 22,684 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The shares were sold at an average price of $164.41, for a total transaction of $3,729,476.44. Following the completion of the transaction, the director directly owned 52,500 shares in the company, valued at $8,631,525. This represents a 30.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total transaction of $802,100.00. Following the transaction, the executive vice president owned 150,250 shares of the company’s stock, valued at approximately $24,103,105. This represents a 3.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 93,660 shares of company stock worth $21,346,475 over the last 90 days. 1.40% of the stock is owned by corporate insiders.

Palo Alto Networks Trading Up 3.7%

Shares of NASDAQ:PANW opened at $257.77 on Friday. The firm has a 50 day moving average of $190.33 and a 200-day moving average of $183.27. The stock has a market capitalization of $210.34 billion, a PE ratio of 142.41, a PEG ratio of 8.96 and a beta of 0.77. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $261.41.

About Palo Alto Networks

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.