Palo Alto Networks, Inc. $PANW Shares Acquired by American Century Companies Inc.

NodeGuardian · 2026-03-03T21:59:35+00:00

American Century raised its stake in Palo Alto Networks by 134.1%, now owning $136.8 million in shares. The firm received a "Moderate Buy" rating, reporting strong earnings with an EPS of $1.03 and $2.59 billion in revenue, despite insider selling.

NodeGuardian

2026-03-03 21:59:35

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American Century Companies Inc. significantly increased its stake in Palo Alto Networks Inc. by 134.1% during the third quarter, now holding 672,129 shares valued at $136.8 million. Other institutional investors also bought or increased their positions in the cybersecurity firm, whose stock currently holds a “Moderate Buy” rating with an average price target of $211.62. Despite insider selling activity, Palo Alto Networks reported strong quarterly earnings, beating analyst estimates with $1.03 EPS and $2.59 billion in revenue.

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