capital · May 20, 2026
DNB Asset Management Increases Palo Alto Networks Stake by 4.6% in Q4 Filing
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DNB Asset Management AS purchased 6,200 additional Palo Alto Networks shares in Q4 raising its stake 4.6% to 140,548 shares valued at $25.9 million as of the May 17, 2026 filing. Palo Alto Networks reported EPS of $1.03 versus $0.94 estimate and revenue of $2.59 billion up 14.9% year-over-year in the prior quarter. CEO Nikesh Arora acquired 68,085 shares on March 27, 2026 bringing holdings to 343,394 shares worth $50.4 million. Palo Alto Networks maintains a Moderate Buy analyst consensus with average price target of $214.98.
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