New York Life Investment Management LLC Buys 3,421 Shares of Palo Alto Networks, Inc. $PANW

New York Life Investment Management LLC boosted its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 3.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,189 shares of the network technology company’s stock after acquiring an additional 3,421 shares during the quarter. New York Life Investment Management LLC’s holdings in Palo Alto Networks were worth $18,639,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Palo Alto Networks by 4.1% during the 4th quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock worth $12,512,533,000 after buying an additional 2,659,100 shares in the last quarter. Victory Capital Management Inc. lifted its position in Palo Alto Networks by 108.3% during the 3rd quarter. Victory Capital Management Inc. now owns 2,467,692 shares of the network technology company’s stock worth $502,263,000 after buying an additional 1,282,738 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Palo Alto Networks during the 3rd quarter worth about $162,161,000. Danske Bank A S bought a new stake in Palo Alto Networks during the 3rd quarter worth about $151,682,000. Finally, Amundi lifted its position in Palo Alto Networks by 25.1% during the 3rd quarter. Amundi now owns 3,532,201 shares of the network technology company’s stock worth $750,875,000 after buying an additional 708,332 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

Key Stories Impacting Palo Alto Networks

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

• Positive Sentiment: Oppenheimer raised its price target on Palo Alto Networks to $275 from $245 and reiterated an Outperform rating, signaling confidence that the stock can keep moving higher. Oppenheimer Hikes Palo Alto Networks Price Target to $275: CyberArk Becomes Idira, Identity Security Just Got Real
• Positive Sentiment: Royal Bank of Canada lifted its target to $255 from $220 and kept an Outperform rating, while Robert W. Baird also boosted its target to $265, reinforcing the bullish analyst tone around PANW. RBC raises price target on Palo Alto Networks to 255 from 220, keeps outperform rating
• Positive Sentiment: Jefferies raised its price target to $265 from $215 and highlighted Palo Alto’s identity-security push after CyberArk’s IMPACT26 conference, arguing that AI-driven threats are forcing more enterprise spending on automated security tools. Jefferies Hikes Palo Alto Networks Price Target to 265: AI Is Compressing Attack Timelines
• Positive Sentiment: Jefferies and other commentary point to Palo Alto’s new “Idira” platform, which could broaden the company’s identity-security offering and create a new growth engine beyond its core cybersecurity business. Palo Alto advances AI-driven identity strategy with Idira launch, shares gain
• Neutral Sentiment: Zacks noted that PANW is drawing unusual investor attention, but the piece was mainly a watchlist-style overview rather than a fresh catalyst. Is Most-Watched Stock Palo Alto Networks, Inc. (PANW) Worth Betting on Now?

Insider Transactions at Palo Alto Networks

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total value of $802,100.00. Following the completion of the sale, the executive vice president owned 150,250 shares of the company’s stock, valued at $24,103,105. The trade was a 3.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James J. Goetz sold 22,684 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $164.41, for a total transaction of $3,729,476.44. Following the completion of the sale, the director directly owned 52,500 shares of the company’s stock, valued at $8,631,525. This represents a 30.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 30,356 shares of company stock worth $4,981,575. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Stock Performance

Shares of PANW opened at $242.83 on Friday. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $245.80. The firm has a market cap of $198.15 billion, a P/E ratio of 134.16, a price-to-earnings-growth ratio of 8.59 and a beta of 0.77. The firm’s 50-day simple moving average is $174.81 and its 200 day simple moving average is $181.27.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Wednesday, February 18th. The network technology company reported $1.03 EPS for the quarter, beating analysts’ consensus estimates of $0.94 by $0.09. The business had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.58 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. Palo Alto Networks’s quarterly revenue was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.81 EPS. As a group, equities analysts forecast that Palo Alto Networks, Inc. will post 2.14 earnings per share for the current year.

Analysts Set New Price Targets

PANW has been the topic of several analyst reports. Wells Fargo & Company boosted their price target on shares of Palo Alto Networks from $200.00 to $235.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. Oppenheimer reissued an “outperform” rating and set a $275.00 price target (up from $245.00) on shares of Palo Alto Networks in a research report on Friday. DA Davidson set a $190.00 price target on shares of Palo Alto Networks and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Cantor Fitzgerald reissued an “overweight” rating on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Finally, Royal Bank Of Canada boosted their price target on shares of Palo Alto Networks from $220.00 to $255.00 and gave the stock an “outperform” rating in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $214.98.

About Palo Alto Networks

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.