Mirabaud & Cie SA Reduces Palo Alto Networks Holdings

The institutional investor sold over 8,000 shares of the cybersecurity firm in Q4 2025.

Apr. 2, 2026 at 10:23am

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Mirabaud & Cie SA, a Swiss investment management firm, reduced its position in Palo Alto Networks, Inc. (NASDAQ:PANW) by 54.1% in the fourth quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission. The firm's holdings in the network technology company are now valued at $1.32 million, down from $2.89 million at the end of the prior quarter.

Why it matters

Palo Alto Networks is a leading cybersecurity firm that provides a range of products and services to protect enterprise networks, clouds, and endpoints. Institutional investors' holdings in the company are closely watched as an indicator of market sentiment and confidence in the firm's long-term prospects.

The details

Mirabaud & Cie SA sold 8,400 shares of Palo Alto Networks stock during the fourth quarter, leaving the firm with 7,140 shares. The stock was trading around $184 per share at the end of 2025, down from its 52-week high of $223. Other hedge funds and institutional investors have also modified their Palo Alto Networks holdings in recent quarters, with some increasing exposure and others, like Mirabaud, reducing their positions.

  • Mirabaud & Cie SA filed its 13F report for Q4 2025 on April 2, 2026.
  • The firm's holdings in Palo Alto Networks were valued at $1.32 million as of December 31, 2025.

The players

Mirabaud & Cie SA

A Swiss investment management firm that reduced its position in Palo Alto Networks by 54.1% in Q4 2025.

Palo Alto Networks, Inc.

A leading cybersecurity company that provides a range of products and services to protect enterprise networks, clouds, and endpoints.

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The takeaway

Mirabaud & Cie SA's reduced stake in Palo Alto Networks reflects broader market uncertainty around the cybersecurity firm's near-term prospects, despite its dominant position in the industry. Investors will be closely watching how Palo Alto Networks navigates the evolving threat landscape and competitive landscape in the coming quarters.