PensionDanmark Pensionsforsikringsaktieselskab 13F: Adds $5.2M to PANW Stake

PensionDanmark boosted its holdings in Palo Alto Networks, Inc. (PANW) by 10.6% during the period, adding 13,079 shares to finish with 136,929 shares valued at approximately $54.4 million. The fund disclosed the investment change in a Form 13F filing with the SEC on October 19, 2026. Palo Alto Networks closed at $346.95 on the day of the filing.

PANW Palo Alto Networks, Inc.

$342 ▲ +90.67% year to date

1M 3M YTD

Daily close · Oct 16, 2026

What Changed in PensionDanmark's Palo Alto Networks Position

PensionDanmark lifted its stake by 13,079 shares, moving from a previous total of 123,850 shares up to 136,929 shares. The reported value of the position reached $54,403,261.0. The 10.6% increase reflects a larger commitment to the cybersecurity firm during a period when the company's shares experienced varied market movements.

Palo Alto Networks, Inc. Stock Up 1.5%

Palo Alto Networks shares recently traded around $347.12, which is about equal to its closing price on the filing date. The stock sits roughly 19.7% below its 52-week high of $432.33 and well above its 52-week low of $139.57. Shares are trading about 6.9% below their 50-day moving average of $372.93 and 32.7% above their 200-day moving average of $261.49. The company has a market capitalization of roughly $283.8 billion.

Recent Earnings

Palo Alto Networks reported trailing twelve-month revenue of $11.48 billion alongside earnings of $0.40 per share. The company generated a net profit margin of 2.7% and a return on equity of 1.7%. Revenue grew 34.5% compared to the same period a year earlier. The software infrastructure provider's next quarterly financial report is scheduled for release on November 19, 2026.

Insider Buying and Selling at Palo Alto Networks, Inc.

Company insiders completed four separate stock sales prior to the filing date. Director James Joseph Goetz sold 20,000 shares for about $7.5 million on September 17, 2026. Chief Financial Officer Dipak Golechha disposed of 27,500 shares valued at roughly $10.8 million on September 24, 2026. On the same day, Director Aparna Bawa sold 260 shares at $392.68 per share for a total of $102,098. Later, on October 1, 2026, officer Joshua D. Paul sold 400 shares at $395.70 per share, realizing $158,280.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. On September 28, 2026, BTIG maintained its Buy rating while raising its price target to $425.00 from $404.00. TD Cowen maintained a Buy rating on October 2, 2026, lifting its target to $440.00 from $400.00. Amerx initiated coverage with a Hold rating on October 8, 2026. Wells Fargo maintained an Overweight rating on October 13, 2026, boosting its target to $525.00 from $475.00. Citigroup maintained a Buy rating on October 15, 2026, raising its target to $440.00 from $410.00. Overall, the stock carries a consensus buy rating from 50 analyst opinions, with a mean price target of $398.52.

About Palo Alto Networks, Inc.

Palo Alto Networks, Inc. builds cybersecurity software and hardware for enterprise networks, cloud environments, and artificial intelligence platforms. Based in Santa Clara, California, the company protects digital operations across global markets with tools like Prisma Access and network security management systems. Institutional interest remains active as the firm prepares for its upcoming earnings announcement.

Bottom Line

Investors will look toward Palo Alto Networks' upcoming earnings report on November 19, 2026, for further updates on revenue growth and profit margins. Future SEC filings will reveal whether institutional holders like PensionDanmark continue adjusting their positions.