Palo Alto Networks Inc’s recent filing unveils that its Chief Executive Officer Arora Nikesh unloaded Company’s shares for reported $12.7 million on Mar 05 ’25. In the deal valued at $181.56 per share,69,947 shares were sold. As a result of this transaction, Arora Nikesh now holds 1,086,671 shares worth roughly $198.12 million.
Then, Nikesh Arora bought 69,947 shares, generating $12,889,833 in total proceeds.
Before that, Arora Nikesh sold 382,599 shares. Palo Alto Networks Inc shares valued at $69,743,457 were divested by the Chief Executive Officer at a price of $182.29 per share. As a result of the transaction, Arora Nikesh now holds 1,086,671 shares, worth roughly $198.12 million.
A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. BTIG Research also remained covering PANW and has decreased its forecast on January 08, 2025 with a “Neutral” recommendation from previously “Buy” rating. Guggenheim revised its rating on January 06, 2025. It rated PANW as “a Sell” which previously was an “a Neutral”.
Price Performance Review of PANW
On Friday, Palo Alto Networks Inc [NASDAQ:PANW] saw its stock fall -0.92% to $182.32. Over the last five days, the stock has lost -0.01%. Palo Alto Networks Inc shares have risen nearly 0.20% since the year began. Nevertheless, the stocks have risen 29.96% over the past one year. While a 52-week high of $208.39 was reached on 02/19/25, a 52-week low of $132.50 was recorded on 01/13/25. SMA at 50 days reached $185.97, while 200 days put it at $178.59.
Levels Of Support And Resistance For PANW Stock
The 24-hour chart illustrates a support level at 180.16, which if violated will result in even more drops to 178.00. On the upside, there is a resistance level at 184.04. A further resistance level may holdings at 185.76. The Relative Strength Index (RSI) on the 14-day chart is 46.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.07, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 43.12%. Stochastics %K at 60.64% indicates the stock is a holding.
How much short interest is there in Palo Alto Networks Inc?
A steep rise in short interest was recorded in Palo Alto Networks Inc stocks on 2025-02-28, growing by 1.37 million shares to a total of 23.78 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 22.41 million shares. There was a rise of 5.75%, which implies that there is a positive sentiment for the stock.
