Banque Transatlantique SA Has $67.49 Million Holdings in Palo Alto Networks, Inc. $PANW

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Banque Transatlantique SA significantly increased its stake in Palo Alto Networks (NASDAQ:PANW) by 173.2% in the third quarter, now holding 331,426 shares valued at $67.49 million, making it their 14th largest holding. Palo Alto Networks exceeded quarterly earnings expectations with $1.03 EPS and $2.59 billion in revenue, leading analysts to a “Moderate Buy” consensus rating and a target price of $210.19. Despite recent insider selling, institutional investors own nearly 80% of the company’s stock.

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