Clal Insurance Enterprises Holdings Ltd significantly reduced its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 89.1% during the third quarter, selling 285,000 shares. Despite this large sale, other institutional investors increased their positions in PANW, and analysts have largely maintained “Buy” or “Outperform” ratings, with a consensus “Moderate Buy” rating and a price target of $211.62. Insider selling also occurred, while the company reported strong quarterly earnings, beating analyst estimates, and provided positive FY and Q3 2026 guidance.
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Palo Alto Networks, Inc. $PANW Shares Sold by Clal Insurance Enterprises Holdings Ltd
Clal Insurance Enterprises Holdings Ltd significantly reduced its stake in Palo Alto Networks, Inc. (NASDAQ:PANW) by 89.1% during the third quarter, selling 285,000 shares. Despite this large sale, other institutional investors increased their positions in PANW, and analysts have largely maintained “Buy” or “Outperform” ratings, with a consensus “Moderate Buy” rating and a price target of $211.62. Insider selling also occurred, while the company reported strong quarterly earnings, beating analyst estimates, and provided positive FY and Q3 2026 guidance.