Siemens Fonds Invest GmbH Increases Position in Palo Alto Networks, Inc. $PANW

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

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Harold Davidson & Associates Inc. grew its stake in Palo Alto Networks by 5.0% during the 3rd quarter. Harold Davidson & Associates Inc. now owns 1,056 shares of the network technology company’s stock worth $215,000 after buying an additional 50 shares during the last quarter. Princeton Capital Management LLC grew its stake in Palo Alto Networks by 3.4% during the 3rd quarter. Princeton Capital Management LLC now owns 1,520 shares of the network technology company’s stock worth $310,000 after buying an additional 50 shares during the last quarter. South Plains Financial Inc. grew its stake in Palo Alto Networks by 1.0% during the 3rd quarter. South Plains Financial Inc. now owns 4,823 shares of the network technology company’s stock worth $982,000 after buying an additional 50 shares during the last quarter. Fayez Sarofim & Co grew its stake in Palo Alto Networks by 1.2% during the 3rd quarter. Fayez Sarofim & Co now owns 4,310 shares of the network technology company’s stock worth $878,000 after buying an additional 50 shares during the last quarter. Finally, Certified Advisory Corp grew its stake in Palo Alto Networks by 0.3% during the 3rd quarter. Certified Advisory Corp now owns 16,938 shares of the network technology company’s stock worth $3,449,000 after buying an additional 51 shares during the last quarter. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on PANW. Wolfe Research restated an “outperform” rating and set a $320.00 target price on shares of Palo Alto Networks in a research note on Wednesday, June 3rd. Truist Financial boosted their target price on Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Daiwa Securities Group dropped their target price on Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating on the stock in a research note on Tuesday, February 24th. Deutsche Bank Aktiengesellschaft boosted their target price on Palo Alto Networks from $220.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, June 3rd. Finally, BNP Paribas Exane boosted their target price on Palo Alto Networks from $220.00 to $330.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Two investment analysts have rated the stock with a Strong Buy rating, thirty-eight have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $306.59.

Read Our Latest Report on Palo Alto Networks

Palo Alto Networks Stock Performance

Shares of PANW opened at $279.90 on Wednesday. The stock has a 50-day moving average of $221.20 and a two-hundred day moving average of $190.62. Palo Alto Networks, Inc. has a one year low of $139.57 and a one year high of $302.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market cap of $228.12 billion, a P/E ratio of 229.43, a P/E/G ratio of 10.57 and a beta of 0.94.

Palo Alto Networks (NASDAQ:PANWGet Free Report) last issued its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter in the previous year, the firm posted $0.37 EPS. The firm’s revenue was up 31.1% compared to the same quarter last year. 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. As a group, research analysts predict that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, CAO Josh D. Paul sold 1,100 shares of Palo Alto Networks 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 sale, 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the sale, the director directly owned 20,000 shares of the company’s stock, valued at approximately $5,598,000. This represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 101,044 shares of company stock worth $26,022,722 in the last quarter. 1.40% of the stock is owned by insiders.

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

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

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