Skandinaviska Enskilda Banken AB publ Sells 16,755 Shares of Palo Alto Networks, Inc. $PANW

Skandinaviska Enskilda Banken AB publ lessened its stake in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 9.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 159,766 shares of the network technology company’s stock after selling 16,755 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Palo Alto Networks were worth $32,532,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Glenview Trust Co raised its holdings in shares of Palo Alto Networks by 18.6% during the third quarter. Glenview Trust Co now owns 11,586 shares of the network technology company’s stock valued at $2,359,000 after purchasing an additional 1,814 shares during the period. Mmbg Investment Advisors CO. increased its position in Palo Alto Networks by 2.2% in the 3rd quarter. Mmbg Investment Advisors CO. now owns 8,338 shares of the network technology company’s stock valued at $1,698,000 after buying an additional 180 shares in the last quarter. Zions Bancorporation National Association UT increased its position in Palo Alto Networks by 4.2% in the 3rd quarter. Zions Bancorporation National Association UT now owns 42,741 shares of the network technology company’s stock valued at $8,703,000 after buying an additional 1,742 shares in the last quarter. Vanguard Group Inc. raised its stake in Palo Alto Networks by 2.0% during the 3rd quarter. Vanguard Group Inc. now owns 65,269,963 shares of the network technology company’s stock worth $13,290,270,000 after buying an additional 1,253,589 shares during the period. Finally, Northwestern Mutual Investment Management Company LLC boosted its holdings in Palo Alto Networks by 0.8% in the third quarter. Northwestern Mutual Investment Management Company LLC now owns 21,289 shares of the network technology company’s stock worth $4,335,000 after acquiring an additional 167 shares in the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $188.18, for a total transaction of $940,900.00. Following the sale, the executive vice president directly owned 155,119 shares in the company, valued at $29,190,293.42. The trade was a 3.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director James J. Goetz sold 12,500 shares of the business’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 completion of the transaction, the director directly owned 75,184 shares in the company, valued at $14,685,690.72. This trade represents a 14.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 260,542 shares of company stock valued at $49,910,995. Insiders own 1.40% of the company’s stock.

Key Stories Impacting Palo Alto Networks

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Q2 beats and solid growth — PANW posted $1.03 EPS and roughly $2.6B revenue (≈15% YoY), topping estimates and showing Next‑Generation Security ARR up ~33%, evidence of durable demand. Palo Alto Networks Reports Fiscal Second Quarter 2026 Financial Results
• Positive Sentiment: Revenue outlook upgraded — management raised full‑year revenue guidance to about $11.28B–$11.31B, a meaningful lift vs. prior range, signaling top‑line confidence. Palo Alto Networks Lifts Revenue Outlook as Second-Quarter Profit Jumps
• Neutral Sentiment: Product and research initiatives aim to monetize AI security demand — launches like MSIAM 2.0 and a Unit 42 report highlight strategic focus on AI‑era threats, supportive longer‑term catalysts but not immediate earnings relief. Palo Alto Networks Introduces MSIAM 2.0
• Neutral Sentiment: Analyst activity mixed — some price‑target trims (e.g., Mizuho) but buy/positive ratings remain; watch revisions for guidance sensitivity. Price Target Lowered by Mizuho
• Negative Sentiment: Profit and cost concerns weighed on shares — management flagged rising costs tied to recent deals and cut/trimmed annual profit expectations, which the market interpreted as margin pressure from acquisitions. Palo Alto Networks cuts annual profit forecast as deal costs bite, shares fall
• Negative Sentiment: Near‑term profit/guidance reaction — despite raising FY revenue, the company’s quarterly profit guidance and messaging around margins disappointed some investors, contributing to after‑hours/early selling. Palo Alto Networks slumps 6% as third quarter profit guidance falls short
• Negative Sentiment: Acquisition (Koi) raised execution and cost concerns — the announced Koi deal aims to expand AI endpoint capabilities but added short‑term integration/cost uncertainty that pressured sentiment. Palo Alto Networks Announces Intent to Acquire Koi

Analysts Set New Price Targets

Several equities research analysts have recently commented on PANW shares. TD Cowen boosted their price objective on Palo Alto Networks from $230.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Barclays set a $200.00 price target on shares of Palo Alto Networks and gave the company an “overweight” rating in a research note on Monday, February 9th. Robert W. Baird raised their price objective on shares of Palo Alto Networks from $230.00 to $240.00 and gave the company an “outperform” rating in a research note on Friday, November 14th. DA Davidson reduced their price objective on shares of Palo Alto Networks from $240.00 to $210.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Finally, Oppenheimer restated an “outperform” rating and issued a $245.00 target price on shares of Palo Alto Networks in a report on Thursday, November 20th. Thirty research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $222.89.

Palo Alto Networks Price Performance

Shares of PANW stock opened at $163.50 on Wednesday. The firm has a 50-day moving average of $181.06 and a 200-day moving average of $192.21. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61. The company has a market cap of $113.96 billion, a P/E ratio of 103.48, a P/E/G ratio of 3.99 and a beta of 0.75.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings results on Tuesday, February 17th. The network technology company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.09. The business had revenue of $2.59 billion for the quarter, compared to analysts’ expectations of $2.58 billion. Palo Alto Networks had a net margin of 11.69% and a return on equity of 17.05%. The firm’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.81 earnings per share. 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. As a group, research analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal 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.