Palo Alto Networks Insiders Sell $5M in Shares Amid Bullish Analyst Sentiment
Palo Alto Networks executives have offloaded $5 million worth of shares over the past year, with Independent Director James Goetz accounting for $4.9 million of the sales at $196 per share. Despite the insider selling, the stock shows resilience, trading between $187-$188 after a strong rally from late 2025 lows.
The cybersecurity firm's latest earnings report surpassed expectations, posting $0.93 EPS versus $0.89 estimates and $2.47 billion in revenue—a 15.7% year-over-year increase. Wall Street maintains overwhelmingly bullish ratings, with price targets ranging $220-$250, though HSBC remains contrarian with a $157 reduce rating.
While institutional investors like QRG Capital Management trimmed positions, Representative Dan Newhouse recently added PANW shares to his portfolio. Insiders retain approximately $1.1 billion in equity, suggesting continued vested interest despite recent disposals.
