Palo Alto Networks (PANW) Director Aparna Sells $103K of Stock

Director Aparna Bawa sold 250 shares of Palo Alto Networks, Inc. (PANW) at a price of $412.28 each on October 9, 2026. The total value of the sale was approximately $103,070. This sale was not planned, meaning it was not part of a pre-arranged trading plan.

Other Institutional Activity in Palo Alto Networks

Blackrock Inc. grew its holdings by 3,324,492 shares, ending with 75,753,509 shares worth about $25.9 billion. Vanguard Capital Management LLC increased its stake by 364,079 shares, bringing its total to 53,129,128 shares valued at approximately $18.2 billion. State Street Corporation added 1,493,942 shares, ending with 36,979,497 shares worth around $12.6 billion. Morgan Stanley reduced its position by 2,870,028 shares, now holding 29,450,112 shares valued at about $10.1 billion. Invesco Ltd. increased its holdings by 1,720,391 shares, totaling 25,647,946 shares worth approximately $8.8 billion.

Palo Alto Networks, Inc. Stock Down 8.6%

The stock recently traded around $342.96 as of October 16, 2026. This is 8.2% below its 50-day moving average of $373.46 and 20.7% below its 52-week high of $432.33. The shares are currently above their 52-week low of $139.57, which shows a strong performance relative to that level.

Recent Earnings

Palo Alto Networks reported trailing twelve-month revenue of approximately $11.5 billion, with a year-over-year revenue growth of 34.5%. The next earnings report is scheduled for November 19, 2026.

Insider Buying and Selling at Palo Alto Networks, Inc.

Earlier in September, other insiders also sold shares. James Joseph Goetz, a Director, sold 20,000 shares on September 17, 2026, valued at about $7.5 million. Chief Financial Officer Dipak Golechha sold 27,500 shares on September 24, 2026, worth around $10.8 million. Additionally, Joshua D. Paul, an Officer, sold 400 shares on October 1, 2026, valued at approximately $158,280.

Analysts Set New Price Targets

On September 17, 2026, Bernstein downgraded the stock to "Market Perform" with a target of $351.00, down from $253.00. Morgan Stanley maintained an "Overweight" rating with a target of $410.00, up from $394.00 on September 21, 2026. BTIG kept a "Buy" rating with a target of $425.00, increased from $404.00 on September 28, 2026. TD Cowen also maintained a "Buy" rating with a new target of $440.00, up from $400.00 on October 2, 2026. Recently, on October 8, 2026, Amerx initiated coverage with a "Hold" rating but did not set a target.

About Palo Alto Networks

Palo Alto Networks, Inc. offers cybersecurity solutions globally. Its services include Prisma Access, a secure access service, and Strata Cloud Manager for network security management. The company's focus on innovative security measures positions it well within the growing cybersecurity market.

Bottom Line

Investors will be watching for Palo Alto Networks' next earnings report on November 19, 2026. This insider sale adds to the recent trend of insider trading activity at the company, which has included several significant sales by other executives. Analysts have recently adjusted their ratings and price targets, reflecting varying sentiments about the stock's future performance.