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PANW · Palo Alto Networks Inc
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PANW Palo Alto Networks (PANW) Insider Trading, Ownership & Congress Trades

Tech Hardware · Computer peripheral equipment, nec · CIK 0001327567
Quote by TradingView
Congress · 4Form 144 · 10
Insider buyers, 180 days
0
Funds added, last quarter
1,567
13F, latest reported quarter

What the filings say about PANW

Insiders, 180 days
-$47.7M net sold
7 sellers · 16% of sales under a 10b5-1 plan
Congress, 1 year
4 bought · 4 sold
Latest: sale, 2026-07-31
Planned sales (Form 144), 90 days
$249.6M
10 notices

Palo Alto Networks insider trades (Form 4)

Form 4 buys and sells (codes P and S). Grants, option exercises and conversions excluded.

Over the last 180 days, Palo Alto Networks Inc insiders sold a net $47.7M of stock across 1,209 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-27.

Insider
Filed
Shares
Value
Since filing
Bawa Aparna
Director
SELL
2026-10-09 SEC
170
$69.7K
-5.8%
Context
  • 37 earlier Form 4 trades (code P or S) here by this insider (7 buys, 30 sales), the last on Sep 24, 2026.
  • +14.9% median (+12.3% mean) 90-day return after 7 previous buys.
  • The trade is 3.8% of the 4,507 shares held after it.
  • 4 other insiders sold within 30 days.
  • 1,567 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Bawa Aparna sold about $69.7K of PANW on Oct 9, 2026; 4 other insiders sold within 30 days and 1,567 funds added in the latest 13F quarter.
Bawa Aparna
Director
SELL
2026-10-09 SEC
80
$33.4K
-5.8%
Context
  • 37 earlier Form 4 trades (code P or S) here by this insider (7 buys, 30 sales), the last on Sep 24, 2026.
  • +14.9% median (+12.3% mean) 90-day return after 7 previous buys.
  • The trade is 1.8% of the 4,427 shares held after it.
  • 4 other insiders sold within 30 days.
  • 1,567 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Bawa Aparna sold about $33.4K of PANW on Oct 9, 2026; 4 other insiders sold within 30 days and 1,567 funds added in the latest 13F quarter.
Paul Josh D.
Chief Accounting Officer
SELL
2026-10-05 SECtraded 2026-10-01
400
$158.3K
-9.4%
Context
  • 38 earlier Form 4 trades (code P or S) here by this insider (38 sales), the last on Aug 25, 2026.
  • The trade is 0.5% of the 77,987 shares held after it.
  • 4 other insiders sold within 30 days.
  • 1,567 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Chief Accounting Officer Paul Josh D. sold about $158.3K of PANW under a 10b5-1 plan on Oct 1, 2026; 4 other insiders sold within 30 days and 1,567 funds added in the latest 13F quarter.
Golechha Dipak
EVP, Chief Financial Officer
SELL
2026-09-28 SECtraded 2026-09-24
900
$349.8K
-2.0%
Context
  • 34 earlier Form 4 trades (code P or S) here by this insider (34 sales), the last on Jun 23, 2026.
  • The trade is 0.6% of the 144,350 shares held after it.
  • 4 other insiders sold within 30 days.
  • 1,567 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: EVP, Chief Financial Officer Golechha Dipak sold about $349.8K of PANW under a 10b5-1 plan on Sep 24, 2026; 4 other insiders sold within 30 days and 1,567 funds added in the latest 13F quarter.
Golechha Dipak
EVP, Chief Financial Officer
SELL
2026-09-28 SECtraded 2026-09-24
2,160
$842.1K
-2.0%
Context
  • 34 earlier Form 4 trades (code P or S) here by this insider (34 sales), the last on Jun 23, 2026.
  • The trade is 1.5% of the 142,190 shares held after it.
  • 4 other insiders sold within 30 days.
  • 1,567 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: EVP, Chief Financial Officer Golechha Dipak sold about $842.1K of PANW under a 10b5-1 plan on Sep 24, 2026; 4 other insiders sold within 30 days and 1,567 funds added in the latest 13F quarter.
1,209 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
See all insider buying · insider selling
Showing the latest few. to see 1,204 more transactions and use the screener and CSV export. We store only your email; there is no password.
Seven facts, ranked against the sector · Rank is not a forecast
Insiders
net -$47.7M over 180 days
-$20.5M over 90 days
below 86% of Tech Hardware
Congress
4 members bought in the last year
more than 80% of Tech Hardware
Funds
1,567 funds bought in last quarter
more than 97% of Tech Hardware
Revenue
+24.5% year over year
more than 75% of Tech Hardware
Margin
2.7% net margin
more than 60% of Tech Hardware
Buybacks
$1.0B repurchased, FY to 2026-07-31
more than 82% of Tech Hardware
Short interest
2.7% of the float short (float per yahoo 2026-10-26) · 3.4 days to cover · settled 2026-09-30
below 58% of Tech Hardware
What changed in the last 30 days
Oct 13Officer Nikesh Arora filed to sell $201.4M by Oct 12 (Form 144)
Why it matters
A Form 144 is a notice of intent to sell; the sale may not happen, and it says nothing about the price.
Oct 9Director Bawa Aparna sold $205.2K (3 trades, Sep 24 to Oct 9)
Oct 8Officer Lee Klarich filed to sell $23.9M by Oct 8 (Form 144)
Why it matters
A Form 144 is a notice of intent to sell; the sale may not happen, and it says nothing about the price.
Oct 5Chief Accounting Officer Paul Josh D. sold $158.3K under a 10b5-1 plan (Oct 1)
Why it matters
A 10b5-1 plan schedules trades months ahead, so this says little about what the insider thinks today.
Sep 28EVP, Chief Financial Officer Golechha Dipak sold $10.8M under a 10b5-1 plan (Sep 24)
Why it matters
A 10b5-1 plan schedules trades months ahead, so this says little about what the insider thinks today.

Watch PANW

A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.

The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+79.1%12M
-33%+10%+54%+98%2025-102025-122026-022026-042026-062026-082026-10 2026-01-08 · Klarich Lee sold $10.5M2025-12-03 · Klarich Lee sold $10.4M2026-03-27 · Arora Nikesh bought $10.0M2025-11-03 · Klarich Lee sold $9.9M2025-11-03 · Klarich Lee sold $9.4M2026-01-08 · Klarich Lee sold $8.8M2026-05-22 · Klarich Lee sold $4.7M2026-05-22 · Klarich Lee sold $4.4M2025-11-03 · Klarich Lee sold $4.4M2025-12-03 · Klarich Lee sold $4.3M2025-12-03 · Klarich Lee sold $3.8M2026-09-24 · Golechha Dipak sold $3.7M2026-05-22 · Klarich Lee sold $2.7M2026-09-24 · Golechha Dipak sold $2.5M2026-01-08 · Klarich Lee sold $2.4M2025-12-08 · GOETZ JAMES J sold $2.4M2026-03-06 · GOETZ JAMES J sold $2.3M2026-06-12 · Key John P. sold $2.1M2026-09-24 · Golechha Dipak sold $2.1M2026-06-12 · GOETZ JAMES J sold $2.0M2025-11-03 · Klarich Lee sold $1.8M2026-09-17 · GOETZ JAMES J sold $1.8M2025-12-03 · Klarich Lee sold $1.6M2026-09-17 · GOETZ JAMES J sold $1.6M2025-12-09 · GOETZ JAMES J sold $1.6M2026-06-12 · GOETZ JAMES J sold $1.5M2025-12-03 · Klarich Lee sold $1.4M2026-03-06 · GOETZ JAMES J sold $1.4M2026-06-12 · GOETZ JAMES J sold $1.3M2025-12-03 · Klarich Lee sold $1.3M2026-01-08 · Klarich Lee sold $1.3M2026-09-17 · GOETZ JAMES J sold $1.3M2026-05-22 · Klarich Lee sold $1.2M2026-05-22 · Klarich Lee sold $1.1M2025-12-23 · Golechha Dipak sold $940.9K2026-09-14 · Key John P. sold $940.1K2026-09-24 · Golechha Dipak sold $865.9K2026-09-24 · Golechha Dipak sold $842.1K2025-12-26 · Jenkins William D Jr sold $835.7K2025-11-03 · Klarich Lee sold $781.0K2025-12-09 · GOETZ JAMES J sold $777.0K2026-05-22 · Klarich Lee sold $746.4K2026-10-13 · Nikesh Arora filed to sell $201.4M2026-10-09 · Aparna Bawa filed to sell $99.6K2026-10-08 · Lee Klarich filed to sell $23.9M2026-09-24 · Aparna Bawa filed to sell $295.0K2026-09-24 · DIPAK GOLECHHA filed to sell $13.8M2026-09-17 · GOETZ 2025 IRR CHILDRENS TRUST filed to sell $7.5M2026-09-15 · Aparna Bawa filed to sell $187.0K2026-09-14 · Aparna Bawa filed to sell $330.6K2026-09-14 · JOHN KEY filed to sell $940.1K2026-08-25 · JOSHUA PAUL filed to sell $1.2M2026-07-07 · HELLE THORNING-SCHMIDT filed to sell $242.8K
Insider buyInsider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart. When a name files heavily, the largest trades are drawn first.

Who owns PANW: institutional holders (13F)

13F holdings, latest reported quarter
BlackRock, Inc.
75,753,509 sh
$25.8B
VANGUARD CAPITAL MANAGEMENT LLC
53,129,128 sh
$18.1B
STATE STREET CORP
36,979,497 sh
$12.6B
MORGAN STANLEY
29,450,112 sh
$10.0B
Invesco Ltd.
25,647,946 sh
$8.7B

Congress trades in PANW

STOCK Act disclosures, US House only, filed up to 45 days after the trade
John J McGuire
Sold 2026-07-31 · disclosed 10 days later
$1,001 - $15,000
Josh Gottheimer
Bought 2026-07-16 · disclosed 25 days later
$1,001 - $15,000
Dan Newhouse
Sold 2026-07-10 · disclosed 7 days later
$1,001 - $15,000
Josh Gottheimer
Bought 2026-05-14 · disclosed 20 days later
$1,001 - $15,000
Gilbert Cisneros
Bought 2026-04-14 · disclosed 24 days later
$1,001 - $15,000
All stocks members of Congress are buying · Every member's trades

Activist and 5% holders (13D/13G)

No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.

PANW planned insider sales (Form 144)

Notice of intent to sell, filed before any sale
Nikesh Arora
Filed 2026-10-13
$201.4M
Aparna Bawa
Filed 2026-10-09
$99.6K
Lee Klarich
Filed 2026-10-08
$23.9M
Aparna Bawa
Filed 2026-09-24
$295.0K
DIPAK GOLECHHA
Filed 2026-09-24
$13.8M

PANW mutual fund holders (N-PORT)

Funds ranked by the share of their own portfolio in this stock (N-PORT).
Direxion Daily PANW Bull 2X Shares
$3.9M position · as of 2026-07-31
15.0%
VanEck Israel ETF
$19.6M position · as of 2026-06-30
12.8%
iShares Expanded Tech-Software Sector ETF
$1.4B position · as of 2026-06-30
10.4%
Cromwell Tran Focus Fund
$2.4M position · as of 2026-06-30
10.3%
First Trust Nasdaq Cybersecurity ETF
$1.3B position · as of 2026-06-30
9.6%
Amplify BlueStar Israel Technology ETF
$11.1M position · as of 2026-06-30
9.2%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M · % is the share of the fund's own portfolio
Executive pay vs shareholder return · Nikesh Arora
CEO pay, headline and as actually paid, against the company's return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$99.7M
$267.5M
$23.5M
+307%
+181%
2024
$58.0M
$105.3M
$16.3M
+281%
+127%
2023
$151.4M
$266.4M
$12.1M
+193%
+68%
2022
$10.4M
$208.5M
$8.1M
+95%
+32%
2021
$23.3M
$219.7M
$10.3M
+56%
+40%
Tagged by the company under SEC Item 402(v). Returns are cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $47.7M sold by insiders over 180 days, 1,567 funds added last quarter, 4 House member(s) bought in 12 months, disclosed weeks after the trade, $249.6M in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
Backtest this pattern Open the screener
Same sector, ranked by filing activity
Sector by SEC SIC code
DELLANETVPLMSTXMSIFTNTCIENFFIVQCOMWDCLITECSCO

PANW financials

Revenue growth
+24.5%
XBRL, annual
Net margin
2.7%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$11.5B
four quarters, 2025-08-01 to 2026-07-31
Net margin, TTM
+2.7%
net income over revenue, 2025-08-01 to 2026-07-31
Free cash flow, TTM
$4.1B
operating cash flow minus capex, 2025-08-01 to 2026-07-31
Debt to equity
0.06x
long-term debt only, 2026-07-31; equity 2026-07-31
Cash flow to debt
2.57x
TTM operating cash flow over long-term debt only, 2026-07-31
Return on equity
+1.7%
TTM net income over average of 2025-07-31 and 2026-07-31
Return on assets
+0.9%
TTM net income over average of 2025-07-31 and 2026-07-31
Return on invested capital
+2.3%
operating income after a 42.7% effective tax rate, over long-term debt only, 2026-07-31 plus average of 2025-07-31 and 2026-07-31 minus cash
Return on capital employed
+2.6%
operating income (EBIT proxy) over average of 2025-07-31 and 2026-07-31 minus current liabilities
P/E, trailing
809.68x
close 2026-10-23 over four quarters of diluted EPS, 2025-08-01 to 2026-07-31
Enterprise value
$310.5B
market value at close 2026-10-23 on 2026-08-31 shares, plus long-term debt only, 2026-07-31, minus cash 2026-07-31
FCF yield
+1.3%
TTM free cash flow over market value at close 2026-10-23
PEG, trailing
n/a
trailing EPS growth -71%, PEG needs growth
Price as of 2026-10-23. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
2026-072025-072024-072023-07
Revenue$11.5B$9.2B$8.0B$6.9B
Gross profit$8.1B$6.8B$6.0B$5.0B
Operating income$695.0M$1.2B$684.0M$387.3M
Net income$307.0M$1.1B$2.6B$439.7M
EPS (diluted)0.401.603.640.64
Operating cash flow$4.6B$3.7B$3.3B$2.8B
Cash$2.5B$2.3B$1.5B$1.1B
Long-term debt$1.8B$0n/a$2.0B
Buybacks$1.0B$0$567.0M$272.7M
SEC XBRL, fiscal years, as known on 2026-10-27

PANW Stock Sonar score 6/7 axes

Find similar shapesCompare

PANW ranks highest on growth (79th percentile) and institutional and government (76th), and lowest on insider conviction (7th), among Tech Hardware peers.

ProfitHealthGrowthInsidersInstitutionsRisk
Profitability
37
Inputs
  • Return on equity+1.7% · 46 pct, sector of 77
  • Return on assets+0.9% · 52 pct, sector of 92
  • Return on invested capital+2.3% · 5 pct, universe of 1,069
  • Return on capital employed+2.6% · 45 pct, sector of 72
Financial health
74
Inputs
  • Debt to equity0.06x · 63 pct, sector of 72
  • Cash flow to debt2.57x · 85 pct, sector of 63
Growth
79
Inputs
  • Revenue growth, YoY+24.5% · 75 pct, sector of 102
  • Backlog growth, YoY+34.2% · 83 pct, sector of 48
Insider conviction
7
Inputs
  • Net Form 4 buying (codes P and S), 180d-$36.4M · 14 pct, sector of 75
  • Insider buyers, 180d0 · 0 pct, sector of 77
Institutional and government
76
Inputs
  • Funds adding, latest quarter1,567 · 97 pct, sector of 89
  • Congress net buyers, 365d0 · 40 pct, universe of 719
  • Federal contracts, 180dno federal contracts in 180 days
  • Lobbying spend, 4 quarters$4.4M · 92 pct, universe of 1,063
Risk and compliance
34
Inputs
  • Short interest, % of float+2.7% · 63 pct, sector of 105
  • Recalls per $1B revenue, 3ynot measured for this sector, almost no peer has an event
  • EPA cases per $1B revenue, 5ynot measured for this sector, almost no peer has an event
  • New text in Risk Factors, latest 10-K+47.3% · 4 pct, sector of 80
1 not measured: US patents
  • US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet

6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored

PANW filings, in plain words

Are Palo Alto Networks insiders buying or selling PANW?

In the 180 days to 2026-10-27, Palo Alto Networks insiders were net sellers, a net $47.7M across purchases and sales reported on Form 4, by 7 sellers.

Have members of Congress traded PANW?

Yes. In the year to 2026-10-27, 4 House members disclosed buying PANW and 4 House members disclosed selling it; the latest on record is a sale by John J McGuire dated 2026-07-31.

Are there planned insider sales of PANW?

Yes. 10 Form 144 notices of planned insider sales were filed in the 90 days to 2026-10-27, covering $249.6M of stock; the latest, by Nikesh Arora, was filed 2026-10-13.

Read the full summary

In the 180 days to 2026-10-27, Palo Alto Networks insiders were net sellers of PANW, a net $47.7M across purchases and sales reported on Form 4 by 7 sellers. 16% of the 62 insider sales were made under a Rule 10b5-1 plan; the rest were not flagged as planned. In the year to 2026-10-27, 4 members of Congress disclosed buying PANW and 4 members disclosed selling it; the latest on record is a sale by John J McGuire dated 2026-07-31. Insiders filed 10 Form 144 notices of intent to sell in the 90 days to 2026-10-27, covering $249.6M of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.

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