Palo Alto Networks, Inc. $PANW Shares Purchased by Banque Transatlantique SA

Banque Transatlantique SA boosted its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 2.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 340,085 shares of the network technology company’s stock after purchasing an additional 8,659 shares during the period. Palo Alto Networks accounts for 1.5% of Banque Transatlantique SA’s holdings, making the stock its 14th largest position. Banque Transatlantique SA’s holdings in Palo Alto Networks were worth $62,814,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Palo Alto Networks in the fourth quarter valued at approximately $1,415,364,000. Vanguard Group Inc. grew its position in shares of Palo Alto Networks by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock worth $12,512,533,000 after acquiring an additional 2,659,100 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Palo Alto Networks by 11.9% in the fourth quarter. Bank of America Corp DE now owns 19,375,486 shares of the network technology company’s stock valued at $3,568,964,000 after buying an additional 2,065,776 shares during the last quarter. Victory Capital Management Inc. lifted its position in Palo Alto Networks by 108.3% during the 3rd quarter. Victory Capital Management Inc. now owns 2,467,692 shares of the network technology company’s stock worth $502,263,000 after acquiring an additional 1,282,738 shares during the period. Finally, Eurizon Capital SGR S.p.A. purchased a new position in Palo Alto Networks in the 4th quarter valued at $164,968,000. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Stock Performance

PANW opened at $287.78 on Friday. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $302.95. The stock has a market cap of $234.54 billion, a PE ratio of 235.89, a price-to-earnings-growth ratio of 10.48 and a beta of 0.94. The business’s 50 day moving average is $225.96 and its 200-day moving average is $191.98. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.04.

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

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Lee Klarich sold 62,904 shares of the firm’s stock in a transaction on Friday, May 22nd. The stock was 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 owned 235,983 shares of the company’s stock, valued at $61,037,002.95. This trade represents a 21.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director John P. Key sold 7,500 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The shares were sold at an average price of $279.24, for a total transaction of $2,094,300.00. Following the sale, the director directly owned 12,500 shares of the company’s stock, valued at $3,490,500. This trade represents a 37.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 101,044 shares of company stock valued at $26,022,722. Corporate insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on PANW shares. Scotiabank reissued a “sector outperform” rating and issued a $320.00 price target (up from $180.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Cantor Fitzgerald set a $340.00 price objective on Palo Alto Networks and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. Evercore reaffirmed an “outperform” rating and set a $375.00 price target on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. BNP Paribas Exane upped their target price on Palo Alto Networks from $220.00 to $330.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Finally, Wedbush boosted their price objective on shares of Palo Alto Networks from $300.00 to $340.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. Two analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus target price of $306.59.

Palo Alto Networks 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.