Insider Sell: Josh Paul Sells Shares of Palo Alto Networks Inc (PANW)

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Dec 04, 2024
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On December 2, 2024, Josh Paul, the Chief Accounting Officer of Palo Alto Networks Inc, sold 200 shares of the company. Following this transaction, the insider now owns 26,020 shares of the company. The details of this transaction can be found in the SEC Filing. Palo Alto Networks Inc (PANW, Financial) is a global cybersecurity leader, known for its innovative security solutions that protect organizations across clouds, networks, and mobile devices. The company provides a comprehensive suite of products and services designed to prevent cyber threats and ensure data security. 1864098073144356864.png Over the past year, Josh Paul has sold a total of 2,600 shares and has not made any purchases. The insider transaction history for Palo Alto Networks Inc indicates that there has been 1 insider buy and 62 insider sells over the same period. 1864098086507409408.png As of the date of the recent sale, shares of Palo Alto Networks Inc were trading at $390.24 each, giving the stock a market cap of $128,808.781 million. The company's price-earnings ratio stands at 51.12, which is higher than the industry median of 26.955 but lower than the company’s historical median price-earnings ratio. The GF Value of Palo Alto Networks Inc is estimated at $279.45, resulting in a price-to-GF-Value ratio of 1.4. This suggests that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.