DNB Asset Management AS Has $25.89 Million Position in Palo Alto Networks, Inc. $PANW

DNB Asset Management AS grew its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 4.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 140,548 shares of the network technology company’s stock after purchasing an additional 6,200 shares during the quarter. DNB Asset Management AS’s holdings in Palo Alto Networks were worth $25,889,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. grew its position in shares of Palo Alto Networks by 4.1% in the fourth 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 last quarter. State Street Corp grew its position in shares of Palo Alto Networks by 1.7% in the third 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 last quarter. Northern Trust Corp grew its position in shares of Palo Alto Networks by 0.5% in the third 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 last quarter. First Trust Advisors LP grew its position in Palo Alto Networks by 11.5% during the third quarter. First Trust Advisors LP now owns 5,906,963 shares of the network technology company’s stock worth $1,202,776,000 after buying an additional 611,375 shares in the last quarter. Finally, Pictet Asset Management Holding SA grew its position in Palo Alto Networks by 7.9% during the fourth quarter. Pictet Asset Management Holding SA now owns 4,356,617 shares of the network technology company’s stock worth $802,691,000 after buying an additional 319,751 shares in the last quarter. 79.82% of the stock is owned by institutional investors and hedge funds.

Palo Alto Networks Price Performance

Shares of Palo Alto Networks stock opened at $242.83 on Friday. The firm has a market cap of $198.15 billion, a P/E ratio of 134.16, a P/E/G ratio of 8.75 and a beta of 0.77. The firm has a 50 day simple moving average of $174.81 and a 200 day simple moving average of $181.27. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $245.80.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Wednesday, February 18th. The network technology company reported $1.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. The business had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.58 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. Palo Alto Networks’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.81 earnings per share. On average, sell-side analysts expect that Palo Alto Networks, Inc. will post 2.14 EPS for the current year.

Analyst Ratings Changes

PANW has been the topic of a number of recent research reports. HSBC decreased their target price on Palo Alto Networks from $157.00 to $114.00 in a research report on Thursday, February 19th. Berenberg Bank set a $215.00 target price on Palo Alto Networks and gave the stock a “buy” rating in a research report on Tuesday, April 21st. BMO Capital Markets decreased their target price on Palo Alto Networks from $230.00 to $200.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. TD Cowen reissued a “buy” rating on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Finally, The Goldman Sachs Group decreased their target price on Palo Alto Networks from $240.00 to $224.00 and set a “buy” rating on the stock in a research report on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $214.98.

Palo Alto Networks News Summary

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

• Positive Sentiment: Oppenheimer raised its price target on Palo Alto Networks to $275 from $245 and reiterated an Outperform rating, signaling confidence that the stock can keep moving higher. Oppenheimer Hikes Palo Alto Networks Price Target to $275: CyberArk Becomes Idira, Identity Security Just Got Real
• Positive Sentiment: Royal Bank of Canada lifted its target to $255 from $220 and kept an Outperform rating, while Robert W. Baird also boosted its target to $265, reinforcing the bullish analyst tone around PANW. RBC raises price target on Palo Alto Networks to 255 from 220, keeps outperform rating
• Positive Sentiment: Jefferies raised its price target to $265 from $215 and highlighted Palo Alto’s identity-security push after CyberArk’s IMPACT26 conference, arguing that AI-driven threats are forcing more enterprise spending on automated security tools. Jefferies Hikes Palo Alto Networks Price Target to 265: AI Is Compressing Attack Timelines
• Positive Sentiment: Jefferies and other commentary point to Palo Alto’s new “Idira” platform, which could broaden the company’s identity-security offering and create a new growth engine beyond its core cybersecurity business. Palo Alto advances AI-driven identity strategy with Idira launch, shares gain
• Neutral Sentiment: Zacks noted that PANW is drawing unusual investor attention, but the piece was mainly a watchlist-style overview rather than a fresh catalyst. Is Most-Watched Stock Palo Alto Networks, Inc. (PANW) Worth Betting on Now?

Insiders Place Their Bets

In related news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total value of $802,100.00. Following the completion of the sale, the executive vice president owned 150,250 shares of the company’s stock, valued at $24,103,105. This trade represents a 3.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James J. Goetz sold 22,684 shares of the firm’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 sale, the director directly owned 52,500 shares of the company’s stock, valued at approximately $8,631,525. This represents a 30.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 30,356 shares of company stock valued at $4,981,575 over the last quarter. Company insiders own 1.40% of the company’s stock.

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.