Fjarde AP Fonden Fourth Swedish National Pension Fund Has $40.96 Million Stock Position in Palo Alto Networks, Inc. $PANW

Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 64.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 255,498 shares of the network technology company’s stock after purchasing an additional 99,973 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Palo Alto Networks were worth $40,961,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of PANW. South Plains Financial Inc. raised its stake in shares of Palo Alto Networks by 1.0% in the 3rd quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock valued at $982,000 after acquiring an additional 50 shares in the last quarter. Fayez Sarofim & Co boosted its position in Palo Alto Networks by 1.2% during the third quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock worth $878,000 after purchasing an additional 50 shares during the period. Certified Advisory Corp grew its holdings in Palo Alto Networks by 0.3% during the third quarter. Certified Advisory Corp now owns 16,938 shares of the network technology company’s stock valued at $3,449,000 after purchasing an additional 51 shares during the last quarter. Cooper Financial Group raised its position in shares of Palo Alto Networks by 1.3% in the fourth quarter. Cooper Financial Group now owns 4,227 shares of the network technology company’s stock valued at $779,000 after purchasing an additional 53 shares during the period. Finally, Outfitters Financial LLC raised its position in shares of Palo Alto Networks by 1.7% in the fourth quarter. Outfitters Financial LLC now owns 3,265 shares of the network technology company’s stock valued at $601,000 after purchasing an additional 55 shares during the period. 79.82% of the stock is currently owned by institutional investors.

Insider Activity at Palo Alto Networks

In other news, Director John P. Key sold 7,500 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the sale, the director owned 12,500 shares in the company, valued at approximately $3,490,500. This represents a 37.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Josh D. Paul sold 1,100 shares of the firm’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $285.08, for a total transaction of $313,588.00. Following the completion of the sale, the chief accounting officer owned 81,636 shares of the company’s stock, valued at $23,272,790.88. The trade was a 1.33% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 102,111 shares of company stock valued at $27,204,024. Insiders own 1.40% of the company’s stock.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $348.06 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market cap of $283.67 billion, a PE ratio of 285.30, a price-to-earnings-growth ratio of 13.07 and a beta of 0.91. The firm has a fifty day moving average price of $255.09 and a two-hundred day moving average price of $200.36. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $358.10.

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

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Arete Research upped their price objective on shares of Palo Alto Networks from $185.00 to $433.00 and gave the stock a “buy” rating in a report on Monday. BNP Paribas Exane boosted their target price on shares of Palo Alto Networks from $330.00 to $380.00 and gave the stock an “outperform” rating in a research report on Wednesday. Oppenheimer upped their price target on shares of Palo Alto Networks from $275.00 to $350.00 and gave the company an “outperform” rating in a report on Wednesday, June 3rd. FBN Securities reaffirmed an “outperform” rating on shares of Palo Alto Networks in a research report on Wednesday. Finally, TD Cowen reissued a “buy” rating and set a $330.00 price objective (up from $255.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and a consensus target price of $316.15.

Trending Headlines about Palo Alto Networks

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

• Positive Sentiment: Wells Fargo raised its price target on Palo Alto Networks to $420 from $325 and reiterated an overweight rating, reinforcing the case for further upside. Wells Fargo price target raise
• Positive Sentiment: BNP Paribas Exane lifted its target to $380 from $330 and maintained an outperform rating, adding to the bullish analyst sentiment around PANW. BNP Paribas Exane target raise
• Positive Sentiment: The stock remains a momentum name after gaining roughly 25% since its last earnings report, supported by strong demand for AI-related cybersecurity tools and recent trading interest. Zacks earnings momentum article
• Neutral Sentiment: Several insider sales were disclosed, including director Aparna Bawa and CAO Josh D. Paul. The transactions were relatively small, but insider selling can slightly temper investor enthusiasm. Insider sale disclosure

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.