Palo Alto Networks, Inc. $PANW Shares Bought by MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH

MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH grew its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 277.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 231,344 shares of the network technology company’s stock after acquiring an additional 170,021 shares during the period. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH’s holdings in Palo Alto Networks were worth $47,342,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. St. Clair Advisors LLC lifted its holdings in shares of Palo Alto Networks by 0.3% in the second quarter. St. Clair Advisors LLC now owns 15,800 shares of the network technology company’s stock valued at $3,233,000 after purchasing an additional 50 shares in the last quarter. Csenge Advisory Group lifted its stake in shares of Palo Alto Networks by 2.4% in the first quarter. Csenge Advisory Group now owns 2,271 shares of the network technology company’s stock valued at $381,000 after buying an additional 53 shares during the period. GSG Advisors LLC lifted its stake in shares of Palo Alto Networks by 0.4% in the first quarter. GSG Advisors LLC now owns 12,450 shares of the network technology company’s stock valued at $2,154,000 after buying an additional 54 shares during the period. SYM FINANCIAL Corp lifted its stake in shares of Palo Alto Networks by 1.4% in the first quarter. SYM FINANCIAL Corp now owns 4,047 shares of the network technology company’s stock valued at $691,000 after buying an additional 55 shares during the period. Finally, Crew Capital Management Ltd. lifted its stake in shares of Palo Alto Networks by 2.5% in the first quarter. Crew Capital Management Ltd. now owns 2,310 shares of the network technology company’s stock valued at $394,000 after buying an additional 57 shares during the period. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insiders Place Their Bets

In other Palo Alto Networks news, CEO Nikesh Arora sold 846,408 shares of Palo Alto Networks stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $204.06, for a total transaction of $172,718,016.48. Following the completion of the sale, the chief executive officer owned 275,013 shares of the company’s stock, valued at approximately $56,119,152.78. The trade was a 75.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Nir Zuk sold 100,000 shares of Palo Alto Networks stock in a transaction on Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the sale, the executive vice president directly owned 3,143,516 shares of the company’s stock, valued at $543,199,564.80. This represents a 3.08% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,415,030 shares of company stock valued at $279,198,494 over the last quarter. Company insiders own 2.50% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Needham & Company LLC restated a “buy” rating and set a $230.00 price target on shares of Palo Alto Networks in a research note on Wednesday, September 3rd. Truist Financial set a $220.00 price target on shares of Palo Alto Networks and gave the stock a “buy” rating in a research note on Tuesday, August 19th. Westpark Capital restated a “hold” rating on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Stephens reiterated an “equal weight” rating and issued a $205.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $232.00 target price on shares of Palo Alto Networks in a research note on Tuesday, August 19th. Twenty-nine equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Palo Alto Networks has an average rating of “Moderate Buy” and a consensus price target of $212.39.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $200.70 on Thursday. The firm has a market cap of $134.25 billion, a P/E ratio of 125.05, a P/E/G ratio of 4.84 and a beta of 0.98. The firm has a 50 day simple moving average of $189.33 and a 200 day simple moving average of $186.99. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $210.39.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Monday, August 18th. The network technology company reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.50 billion. Palo Alto Networks had a net margin of 12.30% and a return on equity of 17.66%. Palo Alto Networks’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.75 earnings per share. Palo Alto Networks has set its FY 2026 guidance at 3.750-3.850 EPS. Q1 2026 guidance at 0.880-0.900 EPS. On average, sell-side analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Palo Alto Networks Company Profile

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.