Insider Cluster (2 insiders) ·Filed Jul 1, 2026

PANW

Palo Alto Networks Inc
NEUTRAL
Impact 2/10
Horizonweeks Processed3mo ago
Insider cluster: 2 insiders, $187K total
Actionable Insight • Neutral

No actionable signal from this cluster. The dollar amounts are noise at PANW's scale. Monitor next quarterly results for fundamental business trends, not insider transactions of this size.

DirectionNeutral
Confidencehigh
Horizonweeks
Latest settled — T+60d ⚠ clustered
PANW ▲ +12.03% at T+60d
NEUTRAL call ✓ call won +12.03% · α vs SPY +9.02% · entry $348.06 → $389.92
Next anchor: T+1d due 3mo ago
Entry anchored
Jul 1, 04:55 PM ET
via exchange tick
T+1d
—
call — · α —
—
due 3mo ago
T+5d
-2.80%
call -2.80% · α -3.73%
$338.31
settled 3mo ago
T+20d
-6.43%
call -6.43% · α -6.01%
$325.68
settled 2mo ago
T+60d
+12.03%
call +12.03% · α +9.02%
$389.92
settled 7d ago

Price Chart

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Executive Summary

Two Palo Alto Networks insiders (Director Aparna Bawa and CFO Dipak Golechha) sold a combined ~$187K in open-market sales over a 7-day window. The dollar amount is trivial relative to PANW's $278B market cap (<0.0001%), making this a routine diversification event with no bearish signal. The sales are small, unsynchronized, and fall well below any materiality threshold.

Key Financial Metrics

Direction
selling
Total Value
$187.0K
Insiders
2

Key Facts

  • Total insider sales of ~$187K represent <0.0001% of PANW's $277.9B market cap.
  • Director Aparna Bawa sold 290 shares at $348.74 and 327 shares at $309.83 ($101K each).
  • CFO Dipak Golechha sold 300 shares at $284.80 for $85K.
  • No insider buying in the cluster — both transactions are open-market S sales.
  • All trades are immaterial relative to company size and likely routine portfolio rebalancing or tax-related.

Financial Impact

Total sales of ~$187K — negligible relative to $277.9B market cap.

Risk Factors

  • Premature bearish read on tiny sales would be a false signal.
  • Insider sales at $284-$349 per share are in the middle of PANW's recent range — no timing advantage inferred.

Market Snapshot

Exchange
Nasdaq
Sector
Computer Peripheral Equipment, NEC
Analyst Consensus
80% bullish (64 analysts)

Investment Themes

Cybersecurity

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-PANW-1782939650039
14 reports for PANW
Performance horizon
83% Hit rate 5 of 6 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%$405.01 (−7.99%)
Sep 1, 2026
4w ago
Press Release
NEUTRAL ★ 4/10
$328.19 $338.49▲ +3.14%▲ +4.10%$405.01 (+23.41%)
Aug 19, 2026
6w ago
Press Release
BULLISH ★ 6/10
$358.63 $339.31▼ −5.39%▼ −5.00%$405.01 (+12.93%)
Jul 8, 2026
12w ago
Insider Cluster
NEUTRAL ★ 2/10
$338.31 $353.99▲ +4.63%▲ +4.77%$405.01 (+19.72%)
Jul 1, 2026
13w ago
Insider Cluster
NEUTRAL ★ 2/10
$348.06 $338.31▼ −2.80%▼ −3.73%$405.01 (+16.36%)
Jul 1, 2026
13w ago
Insider Cluster
NEUTRAL ★ 3/10
$348.06 $338.31▼ −2.80%▼ −3.73%$405.01 (+16.36%)
Jul 1, 2026
13w ago
Insider Cluster
NEUTRAL ★ 2/10
$348.06 $338.31▼ −2.80%▼ −3.73%$405.01 (+16.36%)
Jun 16, 2026
15w ago
Insider Cluster
NEUTRAL ★ 2/10
$282.13 $285.26▲ +1.11%▲ +2.15%$405.01 (+43.55%)
Jun 2, 2026
17w ago
8-K
BULLISH ★ 7/10
$272.05 $279.62▲ +2.78%▲ +2.21%$405.01 (+48.87%)
May 27, 2026
18w ago
Insider Cluster
NEUTRAL ★ 2/10
$257.11 $278.71▲ +8.40%▲ +8.08%$405.01 (+57.52%)
Showing 10 of 14

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Report published Jul 1, 2026