Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Palo Alto Networks Inc shares valued at $12,889,833 were purchased by Nikesh Arora on Mar 05 ’25. At $184.28 per share, Nikesh Arora acquired 69,947 shares.
Also, Arora Nikesh sold 382,599 shares, netting a total of over 69,743,457 in proceeds. Following the sale of shares at $182.29 each, the insider now holds 1,086,671 shares.
Before that, Arora Nikesh had sold 335,850 shares from its account. In a trade valued at $63,028,597, the Chief Executive Officer traded Palo Alto Networks Inc shares for $187.67 each. Upon closing the transaction, the insider’s holdings decreased to 335,850 shares, worth approximately $200.25 million.
As published in a research note from Deutsche Bank on January 08, 2025, Palo Alto Networks Inc [PANW] has been rated down from a Buy to a Hold. Analysts at BTIG Research downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of January 06, 2025, Guggenheim has decreased its “Neutral” rating to a “Sell” for PANW. Earlier on November 22, 2024, HSBC Securities downgraded its rating. Their new recommendation was “a Reduce” for PANW stock which previously was a “a Hold”.
Analyzing PANW Stock Performance
During the last five days, there has been a drop of approximately -2.78%. Over the course of the year, Palo Alto Networks Inc shares have jumped approximately 1.28%. Shares of the company reached a 52-week high of $208.39 on 02/19/25 and a 52-week low of $166.21 on 01/13/25. A 50-day SMA is recorded $186.78, while a 200-day SMA reached $176.99.
Support And Resistance Levels for Palo Alto Networks Inc (PANW)
According to the 24-hour chart, there is a support level at 181.18, which, if violated, would cause prices to drop to 178.07. In the upper region, resistance lies at 186.33. The next price resistance is at 188.37. RSI (Relative Strength Index) is 42.79 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -8.99, which suggests the price will decrease in the coming days. Percent R is at 81.76%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
