Generali Asset Management SPA SGR Acquires 17,325 Shares of Palo Alto Networks, Inc. $PANW

Generali Asset Management SPA SGR lifted its stake in Palo Alto Networks, Inc. (NASDAQ:PANWFree Report) by 48.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 53,098 shares of the network technology company’s stock after buying an additional 17,325 shares during the period. Generali Asset Management SPA SGR’s holdings in Palo Alto Networks were worth $10,866,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of PANW. HWG Holdings LP bought a new position in Palo Alto Networks during the 1st quarter valued at about $31,000. Dagco Inc. acquired a new stake in shares of Palo Alto Networks during the first quarter worth approximately $33,000. WPG Advisers LLC bought a new position in shares of Palo Alto Networks in the first quarter valued at approximately $37,000. Strategic Investment Solutions Inc. IL increased its holdings in Palo Alto Networks by 58.9% during the 1st quarter. Strategic Investment Solutions Inc. IL now owns 224 shares of the network technology company’s stock valued at $38,000 after purchasing an additional 83 shares in the last quarter. Finally, Stonebridge Financial Group LLC raised its position in Palo Alto Networks by 46.8% in the 1st quarter. Stonebridge Financial Group LLC now owns 232 shares of the network technology company’s stock valued at $40,000 after purchasing an additional 74 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Palo Alto Networks Price Performance

Shares of NASDAQ:PANW opened at $207.56 on Wednesday. The stock has a market cap of $138.84 billion, a price-to-earnings ratio of 129.32, a P/E/G ratio of 5.07 and a beta of 0.98. The company has a 50 day moving average of $194.56 and a 200-day moving average of $189.68. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $217.94.

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

Insiders Place Their Bets

In other news, EVP Dipak Golechha sold 5,000 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $204.19, for a total value of $1,020,950.00. Following the completion of the sale, the executive vice president directly owned 96,135 shares of the company’s stock, valued at $19,629,805.65. This represents a 4.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Nir Zuk sold 100,000 shares of the stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the sale, the executive vice president owned 3,143,516 shares in the company, valued at $543,199,564.80. This represents a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,315,130 shares of company stock valued at $260,687,367 in the last ninety days. 2.50% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on PANW shares. Wedbush restated an “outperform” rating and set a $225.00 target price on shares of Palo Alto Networks in a report on Monday, September 15th. Barclays reissued an “overweight” rating and set a $215.00 price objective (up previously from $210.00) on shares of Palo Alto Networks in a report on Tuesday, August 19th. Guggenheim boosted their target price on shares of Palo Alto Networks from $130.00 to $135.00 and gave the stock a “sell” rating in a research note on Tuesday, August 19th. DA Davidson reiterated a “buy” rating and set a $215.00 target price on shares of Palo Alto Networks in a research report on Tuesday, August 19th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $230.00 price target on shares of Palo Alto Networks in a report on Wednesday, September 3rd. Twenty-nine analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $216.00.

View Our Latest Stock Report on PANW

Palo Alto Networks Profile

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

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