Generali Investments Management Co LLC Reduces Holdings in Palo Alto Networks, Inc. $PANW

Generali Investments Management Co LLC decreased its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 52.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 8,689 shares of the network technology company’s stock after selling 9,483 shares during the quarter. Generali Investments Management Co LLC’s holdings in Palo Alto Networks were worth $2,963,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in Palo Alto Networks during the fourth quarter valued at about $1,415,364,000. Bank of America Corp DE increased its stake in shares of Palo Alto Networks by 16.0% in the first quarter. Bank of America Corp DE now owns 22,476,753 shares of the network technology company’s stock worth $3,603,473,000 after purchasing an additional 3,101,267 shares in the last quarter. Vanguard Group Inc. increased its stake 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 worth $12,512,533,000 after purchasing an additional 2,659,100 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its position in shares of Palo Alto Networks by 1,665.1% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 2,761,909 shares of the network technology company’s stock valued at $442,788,000 after purchasing an additional 2,605,433 shares during the period. Finally, Amundi raised its position in shares of Palo Alto Networks by 67.1% in the first quarter. Amundi now owns 6,297,833 shares of the network technology company’s stock valued at $1,009,669,000 after purchasing an additional 2,528,299 shares during the period. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Palo Alto Networks Trading Up 5.8%

Shares of PANW stock opened at $385.04 on Tuesday. The company has a market capitalization of $313.81 billion, a PE ratio of 315.61, a price-to-earnings-growth ratio of 12.21 and a beta of 0.91. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $385.17. The business’s fifty day moving average is $319.57 and its 200 day moving average is $229.90. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW) last posted its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.79 by $0.06. The business had revenue of $3 billion during 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%.The firm’s revenue was up 31.1% on a year-over-year basis. During the same period in the previous year, the business earned $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. On average, equities research analysts anticipate that Palo Alto Networks, Inc. will post 2.02 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on PANW. Loop Capital raised their price objective on shares of Palo Alto Networks from $160.00 to $290.00 and gave the stock a “hold” rating in a report on Wednesday, June 3rd. Susquehanna reiterated a “positive” rating and issued a $350.00 price objective (up from $200.00) on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Piper Sandler reissued an “overweight” rating and set a $345.00 target price (up from $265.00) on shares of Palo Alto Networks in a report on Wednesday, June 3rd. Scotiabank restated a “sector outperform” rating and set a $320.00 target price (up from $180.00) on shares of Palo Alto Networks in a research report on Wednesday, June 3rd. Finally, Rosenblatt Securities raised their price target on Palo Alto Networks from $275.00 to $355.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, forty have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $333.76.

Insider Activity at Palo Alto Networks

In other news, CAO Josh D. Paul sold 1,100 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $285.08, for a total transaction of $313,588.00. Following the completion of the transaction, the chief accounting officer owned 81,636 shares of the company’s stock, valued at approximately $23,272,790.88. The trade was a 1.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Lee Klarich sold 62,904 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $258.65, for a total transaction of $16,270,119.60. Following the completion of the transaction, the executive vice president owned 235,983 shares in the company, valued at approximately $61,037,002.95. This trade represents a 21.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 101,239 shares of company stock valued at $27,174,360 in the last ninety days. 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.