Swedbank AB Has $267.85 Million Stock Holdings in Palo Alto Networks, Inc. $PANW

by · The Markets Daily

Swedbank AB lowered its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW – Free Report) by 4.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,569,687 shares of the network technology company’s stock after selling 65,014 shares during the quarter. Swedbank AB’s holdings in Palo Alto Networks were worth $267,851,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Capital A Wealth Management LLC bought a new position in Palo Alto Networks during the fourth quarter valued at about $29,000. HWG Holdings LP bought a new position in shares of Palo Alto Networks in the first quarter valued at approximately $31,000. Dagco Inc. bought a new position in shares of Palo Alto Networks in the first quarter valued at approximately $33,000. SWAN Capital LLC boosted its position in shares of Palo Alto Networks by 100.0% in the fourth quarter. SWAN Capital LLC now owns 200 shares of the network technology company’s stock valued at $36,000 after acquiring an additional 100 shares during the period. Finally, Glen Eagle Advisors LLC lifted its position in Palo Alto Networks by 100.0% during the fourth quarter. Glen Eagle Advisors LLC now owns 212 shares of the network technology company’s stock valued at $39,000 after purchasing an additional 106 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling

In related news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $201.85, for a total transaction of $1,009,250.00. Following the completion of the transaction, the executive vice president directly owned 101,135 shares in the company, valued at approximately $20,414,099.75. The trade was a 4.71% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Nir Zuk sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $172.80, for a total value of $17,280,000.00. Following the transaction, the executive vice president owned 3,143,516 shares of the company’s stock, valued at approximately $543,199,564.80. This trade represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 569,422 shares of company stock valued at $106,629,618. Insiders own 2.50% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of NASDAQ:PANW opened at $198.33 on Friday. Palo Alto Networks, Inc. has a fifty-two week low of $144.15 and a fifty-two week high of $210.39. The firm has a market cap of $132.66 billion, a price-to-earnings ratio of 123.57, a price-to-earnings-growth ratio of 4.71 and a beta of 0.98. The business has a 50-day simple moving average of $188.13 and a two-hundred day simple moving average of $185.88.

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

Analyst Ratings Changes

PANW has been the subject of several research analyst reports. TD Securities reiterated a “buy” rating and set a $230.00 target price on shares of Palo Alto Networks in a research report on Wednesday, May 21st. Piper Sandler upgraded shares of Palo Alto Networks from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $200.00 to $225.00 in a report on Tuesday, August 12th. Rosenblatt Securities cut their target price on shares of Palo Alto Networks from $235.00 to $215.00 and set a “buy” rating on the stock in a report on Thursday, August 14th. Scotiabank lifted their price target on shares of Palo Alto Networks from $225.00 to $228.00 and gave the company a “sector outperform” rating in a report on Tuesday, August 19th. Finally, DA Davidson reiterated a “buy” rating and issued a $215.00 price target on shares of Palo Alto Networks in a report on Tuesday, August 19th. Twenty-eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $211.68.

Check Out Our Latest Stock Analysis on Palo Alto Networks

About Palo Alto Networks

(Free Report)

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.

See Also

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