Insider Cluster (3 insiders) ·Filed Apr 1, 2026

PANW

Palo Alto Networks Inc
BEARISH
Impact 5/10
Horizondays Processed5mo ago
Insider cluster: 3 insiders, $0.5M total
Actionable Insight ▼ Bearish

While the dollar amount is small relative to market cap, the participation of top financial executives — especially the CFO — raises caution. Traders should watch for upcoming earnings disclosures or potential downward revisions in guidance. This cluster may signal limited near-term confidence despite strong analyst sentiment.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
PANW ▲ +89.41% at T+60d
SHORT call ✗ call lost -89.41% · α vs SPY -78.15% · entry $160.60 → $304.20
Entry anchored
Mar 31, 04:57 PM ET
via exchange tick
T+1d
+1.32%
call -1.32% · α -1.24%
$162.72
settled 6mo ago
T+5d
+3.90%
call -3.90% · α -0.14%
$166.87
settled 6mo ago
T+20d
+13.04%
call -13.04% · α -3.31%
$181.54
settled 5mo ago
T+60d
+89.41%
call -89.41% · α -78.15%
$304.20
settled 3mo ago

Price Chart

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Executive Summary

Three corporate insiders at Palo Alto Networks sold shares in a concentrated 7-day window, including CFO Dipak Golechha and Chief Accounting Officer Josh Paul. Total open-market sales amounted to $482K, representing a modest but notable cluster of insider selling.

Key Financial Metrics

Direction
selling
Total Value
$482.0K
Insiders
3

Key Facts

  • Insider trading cluster of $482K in open-market sales over a 7-day period.
  • Sellers include CFO Dipak Golechha ($32K), Chief Accounting Officer Josh Paul ($178K), and Director John Key ($272K).
  • All transactions were open-market sales (code 'S'), indicating direct liquidity events.
  • Total value represents 0.00035% of the company's $136.3B market cap — modest in scale but notable due to executive participation.

Financial Impact

$482,000 in open-market share sales by insiders

insider sentimentownership concentration

Risk Factors

  • Perception of insider pessimism, particularly with CFO selling.
  • Potential for negative market reaction if followed by weak quarterly results or guidance cut.

Market Snapshot

Exchange
Nasdaq
Sector
Computer Peripheral Equipment, NEC
Analyst Consensus
79% bullish (63 analysts)

Investment Themes

Cybersecurity

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-PANW-1775853052718
14 reports for PANW
Performance horizon
100% Hit rate 5 of 5 directional calls best @ T+60▲ +98.31%Mar 27, 2026
Filters
Rows
Reports for PANW — sortable, filterable
TypeNow
Sep 17, 2026
15d ago
ANALYST-DOWNGRADE
BEARISH ★ 4/10
$375.06 $389.92▼ −3.96%▼ −3.28%$396.25 (−5.65%)
Sep 1, 2026
4w ago
Press Release
NEUTRAL ★ 4/10
$328.19 $338.49▲ +3.14%▲ +4.10%$396.25 (+20.74%)
Aug 19, 2026
6w ago
Press Release
BULLISH ★ 6/10
$358.63 $339.31▼ −5.39%▼ −5.00%$396.25 (+10.49%)
Jul 8, 2026
12w ago
Insider Cluster
NEUTRAL ★ 2/10
$338.31 $353.99▲ +4.63%▲ +4.77%$396.25 (+17.13%)
Jul 1, 2026
13w ago
Insider Cluster
NEUTRAL ★ 2/10
$348.06 $338.31▼ −2.80%▼ −3.73%$396.25 (+13.85%)
Jul 1, 2026
13w ago
Insider Cluster
NEUTRAL ★ 3/10
$348.06 $338.31▼ −2.80%▼ −3.73%$396.25 (+13.85%)
Jul 1, 2026
13w ago
Insider Cluster
NEUTRAL ★ 2/10
$348.06 $338.31▼ −2.80%▼ −3.73%$396.25 (+13.85%)
Jun 16, 2026
15w ago
Insider Cluster
NEUTRAL ★ 2/10
$282.13 $285.26▲ +1.11%▲ +2.15%$396.25 (+40.45%)
Jun 2, 2026
17w ago
8-K
BULLISH ★ 7/10
$272.05 $279.62▲ +2.78%▲ +2.21%$396.25 (+45.65%)
May 27, 2026
18w ago
Insider Cluster
NEUTRAL ★ 2/10
$257.11 $278.71▲ +8.40%▲ +8.08%$396.25 (+54.11%)
Showing 10 of 14

US Market Status

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Report published Apr 10, 2026