Palo Alto Networks Inc’s recent filing unveils that its EVP, Chief Product Officer Klarich Lee unloaded Company’s shares for reported $22.86 million on May 05 ’25. In the deal valued at $189.27 per share,120,774 shares were sold. As a result of this transaction, Klarich Lee now holds 293,010 shares worth roughly $54.77 million.
Then, Lee Klarich bought 120,774 shares, generating $22,721,213 in total proceeds.
Before that, ZUK NIR sold 100,000 shares. Palo Alto Networks Inc shares valued at $18,780,392 were divested by the EVP, Chief Technology Officer at a price of $187.80 per share. As a result of the transaction, ZUK NIR now holds 3,443,516 shares, worth roughly $643.7 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 fall -0.85% to $186.93. Over the last five days, the stock has lost -0.41%. Palo Alto Networks Inc shares have risen nearly 2.73% since the year began. Nevertheless, the stocks have risen 22.37% over the past one year. While a 52-week high of $208.39 was reached on 02/19/25, a 52-week low of $142.01 was recorded on 04/07/25. SMA at 50 days reached $177.38, while 200 days put it at $180.72.
Levels Of Support And Resistance For PANW Stock
The 24-hour chart illustrates a support level at 184.45, which if violated will result in even more drops to 181.97. On the upside, there is a resistance level at 189.60. A further resistance level may holdings at 192.27. The Relative Strength Index (RSI) on the 14-day chart is 59.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.26, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.18%. Stochastics %K at 88.36% indicates the stock is a selling.
