Siemens Fonds Invest GmbH Acquires 2,232 Shares of Palo Alto Networks, Inc. $PANW

Siemens Fonds Invest GmbH increased its holdings in shares of Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) by 8.6% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 28,274 shares of the network technology company’s stock after acquiring an additional 2,232 shares during the period. Siemens Fonds Invest GmbH’s holdings in Palo Alto Networks were worth $5,283,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Palo Alto Networks by 4.1% during the 4th 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. State Street Corp lifted its stake in shares of Palo Alto Networks by 2.0% during the 4th quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock worth $5,587,100,000 after acquiring an additional 594,789 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Palo Alto Networks by 3.5% during the 4th quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock worth $2,934,935,000 after acquiring an additional 540,756 shares during the last quarter. Norges Bank bought a new stake in shares of Palo Alto Networks during the 4th quarter worth approximately $1,415,364,000. Finally, Northern Trust Corp lifted its stake in shares of Palo Alto Networks by 0.5% during the 3rd quarter. Northern Trust Corp now owns 7,528,248 shares of the network technology company’s stock worth $1,532,902,000 after acquiring an additional 36,511 shares during the last quarter. 79.82% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Nikesh Arora purchased 68,085 shares of the business’s stock in a transaction dated Friday, March 27th. The shares were acquired at an average cost of $146.87 per share, for a total transaction of $9,999,643.95. Following the acquisition, the chief executive officer owned 343,394 shares of the company’s stock, valued at $50,434,276.78. The trade was a 24.73% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 value of $2,094,300.00. Following the completion of the transaction, the director owned 12,500 shares in the company, valued at $3,490,500. This represents a 37.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 101,044 shares of company stock worth $26,022,722. Insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on PANW. Needham & Company LLC raised their price target on Palo Alto Networks from $200.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Argus raised their price target on Palo Alto Networks from $222.00 to $320.00 in a research note on Friday, June 5th. BTIG Research lifted their target price on Palo Alto Networks from $268.00 to $333.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. UBS Group set a $300.00 target price on Palo Alto Networks and gave the company a “neutral” rating in a research report on Wednesday, June 3rd. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $306.59.

View Our Latest Report on Palo Alto Networks

Palo Alto Networks Trading Down 1.6%

Shares of NASDAQ PANW opened at $279.90 on Wednesday. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.04. The business has a fifty day simple moving average of $221.20 and a two-hundred day simple moving average of $190.62. The firm has a market cap of $228.12 billion, a PE ratio of 229.43, a price-to-earnings-growth ratio of 10.57 and a beta of 0.94. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $302.95.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.06. The business 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%.Palo Alto Networks’s revenue was up 31.1% on a year-over-year basis. During the same period in the previous year, the company 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. Analysts expect that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Palo Alto Networks Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Palo Alto Networks (NASDAQ:PANW)

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