Palo Alto Networks Inc (PANW)
NasdaqGS · Price as of · Nasdaq Real Time Price
- Profitability13/20
Profitable but shrinking: $307.0M over the last four reported quarters, down from $1.04B the year before.
- Insider buying vs selling11/20
Insiders are sellers only: 33 sells worth $21.7M, no open-market buys, across the last 20 Form 4s. Routine executive selling is common, so this is only a mild negative. Separately, 1 new 5%+ stake disclosure (13D/13G) hit in the last 6 months, which is big-money accumulation.
- Dilution and offerings1/15
Share count up 22.3% in a year. Heavy dilution.
- Analysts50
- Implied upside+12.3%
- Target range$190.00 to $525.00
- EPS expected$0.97 +4.5%
- A year ago$0.93
- Revenue expected$3.31B +34%
- Estimate range$0.95 to $1.01
- Priced move±14.1%
PANW closed at $347.25 on Oct 21, down 7.3% since Sep 22. Chart read: price above the 200-day moving average but below the 50-day; the 50-day is above the 200-day (uptrend structure); trading at 77% of the 52-week range ($141.67 to $419.91).
Insider buying and selling at Palo Alto Networks Inc (PANW)
The most recent Form 4 on record for Palo Alto Networks Inc (PANW) is September 24, 2026, when Dipak Golechha, EVP, Chief Financial Officer, sold $10.8M of stock. That sale ran under a pre-arranged 10b5-1 plan, so it was scheduled ahead of time rather than decided that week.
| Insider | Action | Value | Date | Type |
|---|---|---|---|---|
| Dipak Golechha · EVP, Chief Financial Officer | Sell | $10.8M | September 24, 2026 | Routine |
| James J Goetz · Director | Sell | $7.5M | September 17, 2026 | Worth a look |
| Lee Klarich · EVP Chief Product & Tech Ofcr | Sell | $16.3M | May 22, 2026 | Routine |
| Nikesh Arora · Chief Executive Officer | Buy | $10.0M | March 27, 2026 | Strong signal |
| Lee Klarich · EVP Chief Product & Tech Ofcr | Sell | $23.1M | January 8, 2026 | Routine |
| Lee Klarich · EVP Chief Product & Tech Ofcr | Sell | $23.2M | December 3, 2025 | Routine |
Filed notices to sell
A Form 144 is filed beforean insider sells restricted stock. The Form 4 reporting the completed trade isn't due until two business days after the sale, so these land first. They are intentions, not transactions.
| Insider | Value | Filed | Status | Type |
|---|---|---|---|---|
| Arora Nikesh · Officer | $201.4M | October 13, 2026 | Not yet reported | Mixed lots |
| Golechha Dipak · Officer | $13.8M | September 24, 2026 | Executed | Routine |
| GOETZ JAMES J · Director | $7.5M | September 17, 2026 | Executed | Other |
| Key John P. · Director | $940,075 | September 14, 2026 | Executed | Vested shares |
| Paul Josh D. · Officer | $1.2M | August 25, 2026 | Executed | Routine |
How Congress has done in PANW
Every purchase of PANW disclosed by a member of Congress in the last 5 years, scored over the 12 months after the trade date against SPY over the same window.
| Measure | PANW | SPY |
|---|---|---|
| Median 12-month return after purchase | +10.3% | +20.8% |
| Median difference vs SPY | -7.9% | — |
| Purchases that beat SPY | 5 of 15 (33%) | — |
| Members who bought | 8 | — |
Most frequent buyers: Marjorie Taylor Greene (5), Jonathan Jackson (2), Lisa McClain (2), Markwayne Mullin (2), Jefferson Shreve (1).
These are not returns anyone actually earned. Disclosures report a dollar bracket and no share count, so every purchase is counted once and weighted equally, and sales are not matched back to the buys that opened them. 4 of the 15 purchases are disclosed as a spouse's or dependent's rather than the member's own. Purchases from the last 12 months are excluded because their window has not closed yet.
Congress trades in PANW
| Date | Member | Action | Amount | |
|---|---|---|---|---|
| 2026-07-31 | John McGuire VA | Sale | $1,001 - $15,000 | |
| 2026-07-16 | Josh Gottheimer NJ | Purchase | $1,001 - $15,000 | |
| 2026-07-10 | Dan Newhouse WA | Sale | $1,001 - $15,000 |
SEC filings
| Form | Filed | Description |
|---|---|---|
| 4 | October 14, 2026 | 4 |
| 144 | October 13, 2026 | View on EDGAR |
| 4 | October 9, 2026 | 4 |
| 144 | October 9, 2026 | View on EDGAR |
| 4 | October 9, 2026 | 4 |
| 144 | October 8, 2026 | View on EDGAR |
| 4 | October 5, 2026 | 4 |
| 4 | October 1, 2026 | 4 |
Palo Alto Networks news
All 17 articles
Palo Alto Networks (PANW) CEO Arora gets $147 million upfront in stock-linked deal, with settlement due in 2029
A Form 4 shows what the $201 million notice really covers, and an attached note explains why the CEO didn't sell.
Palo Alto Networks (PANW) CFO sells $10.8 million in stock, more than seven times his previous largest sale
Palo Alto Networks CFO Dipak Golechha sold 27,500 shares under a trading plan he adopted in June. His previous six sales were far smaller.
Cybersecurity stocks compared: CrowdStrike (CRWD) vs Palo Alto (PANW) vs Zscaler (ZS) vs SentinelOne (S) vs Fortinet (FTNT)
CrowdStrike, Palo Alto Networks, Zscaler, SentinelOne, and Fortinet all sell cybersecurity, but they make money in different ways. A side-by-side look at their businesses and latest results.
Anthropic withheld its hacking model. CrowdStrike (CRWD) and Palo Alto (PANW) got early access.
Anthropic restricted the model it says is strikingly capable at finding software flaws, and handed it to CrowdStrike, Palo Alto Networks, Cisco and Nvidia instead. What six listed security companies have disclosed since.
Sandisk (SNDK), Dell (DELL), Palo Alto (PANW) and Arista (ANET) join the S&P 100 as Nike exits
Four technology companies replace a sneaker maker, a toothpaste maker, a mall owner and a jet-engine supplier in the S&P 100 before the open on September 21. Sandisk reached the index ten months after joining the S&P 500.
Cybersecurity keeps pulling in money. Palo Alto Networks (PANW) trades at 291 times earnings.
Cybersecurity spending looks as durable as anything in this market, and a wave of M&A backs it up: three public companies gone in a year, the biggest a $21.1 billion Palo Alto Networks deal for CyberArk. But Palo Alto itself trades at 291 times earnings and CrowdStrike's price-to-earnings ratio is negative. Here's the market-cap breakdown of the 21 stocks left standing, and why the category and the stocks aren't the same bet.
Articles that mention Palo Alto Networks without it being the main subject.
Three AI CEOs asked for a slowdown. Chipmakers sold off worldwide, and cybersecurity stocks went up.
Dario Amodei asked AI labs to slow the pace of capability development, and Sam Altman and Elon Musk agreed. The selloff that followed hit the AI supply chain and bid up the companies that sell defenses against it.
Nvidia (NVDA) CEO calls cybersecurity AI's next major market and names CrowdStrike, Cisco and Palantir
Jensen Huang told the Goldman Sachs Communacopia conference that cybersecurity will be AI's next major use case, and named CrowdStrike (CRWD), Cisco (CSCO) and Palantir (PLTR) as the partners building on Nvidia's models.
Marvell (MRVL) fell 10.3% on margins. Now Dell (DELL), Credo (CRDO) and Broadcom (AVGO) report into the same question
Marvell fell 10.3% Friday after guiding gross margin lower on a greater custom mix. Ten of the names we track report between September 1 and 3, and Broadcom, Credo and Ciena all sell into the same build.
Frequently asked questions
When does PANW report earnings?
Palo Alto Networks Inc (PANW) is scheduled to report quarterly results on November 19, 2026 (estimated). The 45-analyst consensus is $0.97 per share on revenue of $3.31B for the quarter ending October 31, 2026, against $0.93 and $2.47B a year earlier. It has beaten the consensus EPS estimate in all four of the last four quarters. The options market is pricing a move of about 14.1% in either direction on the report, based on the cost of the at-the-money straddle expiring November 20, 2026. The date is an estimate from past reporting patterns and can move until the company confirms it.
What do analysts expect for PANW?
50 analysts cover Palo Alto Networks Inc (PANW). The consensus rating is Buy. The average price target is $398.52, in a range of $190.00 to $525.00.
Are insiders buying or selling PANW?
We track Form 4 filings for Palo Alto Networks Inc (PANW). The activity listed on this page shows 1 open-market purchase and 5 qualifying sales. Each row is labelled Routine when the filer declared a pre-arranged 10b5-1 plan, Tax withholding when shares were sold automatically to cover the tax on a vest, or Own call when neither applies.
Has Congress made money trading PANW?
8 members of Congress have disclosed buying PANW in the last 5 years, 15 purchases in total. Measured over the 12 months after each trade date, the median purchase returned +10.3% against +20.8% for SPY over the same windows, and 5 of the 15 (33%) beat the index. These are not returns anyone actually earned: congressional disclosures report a dollar bracket and no share count, so each purchase is counted once and weighted equally, and later sales are not matched back to the buys that opened them.
Where can I see PANW SEC filings?
Recent filings are listed on this page, newest first. The latest is a 4 filed October 14, 2026.