Palo Alto Networks Inc’s recently made public that its Chief Executive Officer Arora Nikesh unloaded Company’s shares for reported $49.27 million on Apr 03 ’25. In the deal valued at $165.97 per share,296,838 shares were sold. As a result of this transaction, Arora Nikesh now holds 317,571 shares worth roughly $48.77 million.
Then, Arora Nikesh sold 264,144 shares, generating $44,780,801 in total proceeds. Upon selling the shares at $169.53, the Chief Executive Officer now owns 317,571 shares.
Before that, Arora Nikesh sold 227,414 shares. Palo Alto Networks Inc shares valued at $39,281,190 were divested by the Chief Executive Officer at a price of $172.73 per share. As a result of the transaction, Arora Nikesh now holds 317,571 shares, worth roughly $48.77 million.
Stephens initiated its Palo Alto Networks Inc [PANW] rating to an Equal-weight in a research note published on April 01, 2025; the price target was $205. Deutsche Bank also remained covering PANW and has decreased its forecast on January 08, 2025 with a “Hold” recommendation from previously “Buy” rating. BTIG Research revised its rating on January 08, 2025. It rated PANW as “a Neutral” which previously was an “a Buy”.
Price Performance Review of PANW
On Friday, Palo Alto Networks Inc [NASDAQ:PANW] saw its stock fall -7.02% to $153.57. Over the last five days, the stock has lost -11.11%. Palo Alto Networks Inc shares have fallen nearly -15.60% since the year began. Nevertheless, the stocks have risen 13.95% 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 04/04/25. SMA at 50 days reached $185.35, while 200 days put it at $179.59.
Levels Of Support And Resistance For PANW Stock
The 24-hour chart illustrates a support level at 151.03, which if violated will result in even more drops to 148.48. On the upside, there is a resistance level at 158.48. A further resistance level may holdings at 163.38. The Relative Strength Index (RSI) on the 14-day chart is 27.58, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -13.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.52%. Stochastics %K at 12.22% indicates the stock is a buying.
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.
