Palo Alto Networks Inc’s recently made public that its Affiliate Nir Zuk acquired Company’s shares for reported $15.98 million on Apr 11 ’25. In the deal valued at $16.83 per share,949,828 shares were bought.
Then, Klarich Lee sold 120,774 shares, generating $18,253,119 in total proceeds. Upon selling the shares at $151.13, the EVP, Chief Product Officer now owns 321,774 shares.
Before that, Golechha Dipak sold 5,000 shares. Palo Alto Networks Inc shares valued at $750,000 were divested by the EVP, Chief Financial Officer at a price of $150.00 per share. As a result of the transaction, Golechha Dipak now holds 106,135 shares, worth roughly $17.87 million.
HSBC Securities upgraded its Palo Alto Networks Inc [PANW] rating to a Hold from a a Reduce in a research note published recently. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in early April with a ‘”an Equal-weight”‘ rating. Deutsche Bank revised its rating on January 08, 2025. It rated PANW as “a Hold” which previously was an “a Buy”.
Price Performance Review of PANW
On Friday, Palo Alto Networks Inc [NASDAQ:PANW] saw its stock jump 0.04% to $168.34. Over the last five days, the stock has gained 9.62%. Palo Alto Networks Inc shares have fallen nearly -7.49% since the year began. Nevertheless, the stocks have risen 19.81% over the past one year. While a 52-week high of $208.39 was reached on 02/19/25, a 52-week low of $135.18 was recorded on 04/07/25. SMA at 50 days reached $182.79, while 200 days put it at $179.69.
Levels Of Support And Resistance For PANW Stock
The 24-hour chart illustrates a support level at 163.58, which if violated will result in even more drops to 158.82. On the upside, there is a resistance level at 170.97. A further resistance level may holdings at 173.60. The Relative Strength Index (RSI) on the 14-day chart is 45.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.37%. Stochastics %K at 54.91% 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 2025-03-31, dropping by -1.35 million shares to a total of 22.43 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 23.78 million shares. There was a decline of -6.02%, which implies that there is a negative sentiment for the stock.
