In a filing, Palo Alto Networks Inc revealed its Chief Accounting Officer Paul Josh D. unloaded Company’s shares for reported $0.13 million on Mar 20 ’25. In the deal valued at $185.50 per share,700 shares were sold. As a result of this transaction, Paul Josh D. now holds 47,374 shares worth roughly $8.18 million.
Then, Arora Nikesh sold 69,947 shares, generating $12,699,392 in total proceeds. Upon selling the shares at $181.56, the Chief Executive Officer now owns 1,086,671 shares.
Before that, Nikesh Arora bought 69,947 shares. Palo Alto Networks Inc shares valued at $12,889,833 were divested by the Officer at a price of $184.28 per share.
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 -0.96% to $172.76. Over the last five days, the stock has lost -5.24%. Palo Alto Networks Inc shares have fallen nearly -5.06% since the year began. Nevertheless, the stocks have risen 20.52% 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 $186.93, while 200 days put it at $179.39.
Levels Of Support And Resistance For PANW Stock
The 24-hour chart illustrates a support level at 170.73, which if violated will result in even more drops to 168.69. On the upside, there is a resistance level at 174.84. A further resistance level may holdings at 176.92. The Relative Strength Index (RSI) on the 14-day chart is 38.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.16%. Stochastics %K at 28.96% 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 2025-03-14, growing by 1.3 million shares to a total of 24.58 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 23.28 million shares. There was a rise of 5.3%, which implies that there is a positive sentiment for the stock.
