APG Asset Management N.V. Has $102.61 Million Stake in Palo Alto Networks, Inc. $PANW

APG Asset Management N.V. boosted its holdings in Palo Alto Networks, Inc. (NASDAQ:PANW) by 10.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 503,941 shares of the network technology company’s stock after purchasing an additional 46,927 shares during the period. APG Asset Management N.V. owned about 0.07% of Palo Alto Networks worth $102,612,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Darwin Wealth Management LLC bought a new stake in Palo Alto Networks during the second quarter worth about $25,000. Howard Hughes Medical Institute bought a new position in Palo Alto Networks in the second quarter valued at approximately $29,000. MTM Investment Management LLC acquired a new position in shares of Palo Alto Networks during the 2nd quarter worth approximately $31,000. Caitlin John LLC bought a new stake in shares of Palo Alto Networks during the 3rd quarter worth approximately $31,000. Finally, CBIZ Investment Advisory Services LLC raised its stake in shares of Palo Alto Networks by 39.7% during the 3rd quarter. CBIZ Investment Advisory Services LLC now owns 176 shares of the network technology company’s stock worth $36,000 after purchasing an additional 50 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

Insider Transactions at Palo Alto Networks

In other news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $188.18, for a total value of $940,900.00. Following the completion of the sale, the executive vice president owned 155,119 shares of the company’s stock, valued at approximately $29,190,293.42. The trade was a 3.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director James J. Goetz sold 12,500 shares of the firm’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $195.33, for a total transaction of $2,441,625.00. Following the transaction, the director directly owned 75,184 shares in the company, valued at approximately $14,685,690.72. This represents a 14.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 260,542 shares of company stock valued at $49,910,995. 1.40% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $220.00 target price on shares of Palo Alto Networks in a research note on Wednesday, February 18th. The Goldman Sachs Group decreased their price objective on shares of Palo Alto Networks from $240.00 to $224.00 and set a “buy” rating for the company in a research report on Wednesday, February 18th. Robert W. Baird set a $220.00 target price on shares of Palo Alto Networks and gave the company an “outperform” rating in a report on Wednesday, February 18th. Citizens Jmp reiterated a “market outperform” rating and issued a $250.00 target price on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Finally, Wolfe Research boosted their price target on Palo Alto Networks from $225.00 to $250.00 and gave the stock an “outperform” rating in a research report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $211.62.

Palo Alto Networks Stock Performance

Shares of PANW stock opened at $148.92 on Friday. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $223.61. The company has a market capitalization of $121.52 billion, a price-to-earnings ratio of 82.28, a PEG ratio of 5.38 and a beta of 0.75. The company has a 50-day simple moving average of $174.60 and a 200 day simple moving average of $190.79.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings data on Tuesday, February 17th. The network technology company reported $1.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.94 by $0.09. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The firm had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.58 billion. During the same period last year, the business posted $0.81 earnings per share. The business’s revenue for the quarter was up 14.9% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.650-3.700 EPS and its Q3 2026 guidance at 0.780-0.800 EPS. Sell-side analysts forecast that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Palo Alto Networks Profile

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.