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Capital Research Global Investors boosted its stake in cybersecurity firm Palo Alto Networks, valuing holdings at $1.53 billion.
Capital Research Global Investors significantly increased its stake in Palo Alto Networks, buying 3,841,359 more shares in Q4, now holding 8,427,062 shares valued at $1.53 billion.
Claret Asset Management Corp and Norinchukin Bank also added to their holdings.
Palo Alto Networks, a cybersecurity firm, reported Q4 earnings of $0.81 per share, beating estimates by $0.06.
The company's stock has a "Moderate Buy" rating with a $203.06 target price.
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Capital Research Global Investors aumentó su participación en la firma de seguridad cibernética Palo Alto Networks, valorando las tenencias en $1.53 mil millones.