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Insider Selling: Klarich Lee, Palo Alto Networks Inc [PANW] EVP, Chief Product Officer divested 120,774 shares

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Palo Alto Networks Inc shares valued at $18,253,119 were sold by Klarich Lee on Apr 07 ’25. At $151.13 per share, Klarich Lee sold 120,774 shares. The insider’s holdings dropped to 321,774 shares worth approximately $55.67 million following the completion of this transaction.

Also, Golechha Dipak sold 5,000 shares, netting a total of over 750,000 in proceeds. Following the sale of shares at $150.00 each, the insider now holds 106,135 shares.

Before that, Lee Klarich had added 120,774 shares to its account. In a trade valued at $18,410,789, the Officer bought Palo Alto Networks Inc shares for $152.44 each.

As published in their initiating research note from Stephens on April 01, 2025, Palo Alto Networks Inc [PANW] has been an Equal-weight and the price target has been revised to $205. As of January 08, 2025, Deutsche Bank has decreased its “Buy” rating to a “Hold” for PANW. Earlier on January 08, 2025, BTIG Research downgraded its rating. Their new recommendation was “a Neutral” for PANW stock which previously was a “a Buy”.

Analyzing PANW Stock Performance

During the last five days, there has been a drop of approximately -0.09%. Over the course of the year, Palo Alto Networks Inc shares have dropped approximately -4.91%. Shares of the company reached a 52-week high of $208.39 on 02/19/25 and a 52-week low of $144.15 on 04/07/25. A 50-day SMA is recorded $183.51, while a 200-day SMA reached $179.60.

Support And Resistance Levels for Palo Alto Networks Inc (PANW)

According to the 24-hour chart, there is a support level at 158.40, which, if violated, would cause prices to drop to 143.77. In the upper region, resistance lies at 180.88. The next price resistance is at 188.73. RSI (Relative Strength Index) is 48.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -12.18, which suggests the price will decrease in the coming days. Percent R is at 38.38%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.

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