Palo Alto Networks, Inc.

NasdaqGS:PANW Stock Report

Market Cap: US$273.1b

Palo Alto Networks Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:PANW Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
07 Jul 26SellUS$242,795Helle Thorning-SchmidtIndividual700US$346.85
01 Jul 26SellUS$302,532Aparna BawaIndividual922US$348.74
22 Jun 26SellUS$100,109Aparna BawaIndividual345US$290.17
12 Jun 26SellUS$399,835Aparna BawaIndividual1,468US$280.00
12 Jun 26SellUS$2,094,300John KeyIndividual7,500US$279.24
12 Jun 26SellUS$5,597,911James GoetzIndividual20,000US$281.64
08 Apr 26SellUS$272,459John KeyIndividual1,572US$173.32
27 Mar 26BuyUS$9,999,977Nikesh AroraIndividual68,085US$147.48
09 Dec 25SellUS$4,880,043James GoetzIndividual25,000US$196.42

Insider Trading Volume

Insider Buying: PANW insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of PANW?
Owner TypeNumber of SharesOwnership Percentage
Private Companies38,0130.00466%
State or Government864,6830.106%
Individual Insiders5,861,3140.719%
General Public124,685,90915.3%
Institutions683,550,08183.9%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.8%.

Top Shareholders

Top 25 shareholders own 50.16% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
9.29%
BlackRock, Inc.
75,753,509US$25.4b4.59%0.27%
7.09%
Vanguard Capital Management, LLC
57,792,431US$19.4b0.63%0.28%
4.54%
State Street Investment Management
36,979,497US$12.4b4.21%0.32%
2.83%
Invesco Capital Management LLC
23,075,159US$7.7b0.76%0.82%
2.76%
Morgan Stanley
22,458,569US$7.5b-12.8%0.55%
2.41%
Geode Capital Management, LLC
19,615,573US$6.6b1.51%0.29%
2.37%
Vanguard Portfolio Management, LLC
19,347,649US$6.5b-1.29%0.29%
2.18%
FMR LLC
17,785,194US$6.0b161%0.25%
1.91%
UBS Asset Management AG
15,537,059US$5.2b-4.85%0.33%
1.65%
JP Morgan Asset Management
13,420,982US$4.5b85.2%0.36%
1.64%
Managed Account Advisors LLC
13,402,606US$4.5b2.62%0.59%
1.2%
Norges Bank Investment Management
9,750,674US$3.3b26.9%0.18%
1.07%
Northern Trust Global Investments
8,757,797US$2.9b0.89%0.31%
1.07%
Teachers Insurance and Annuity Association-College Retirement Equities Fund
8,720,732US$2.9b11.8%0.63%
1%
JPMorgan Chase & Co.
8,115,646US$2.7b36.5%0.31%
0.84%
Eaton Vance Management
6,821,266US$2.3b6.82%0.37%
0.81%
Columbia Management Investment Advisers, LLC
6,563,374US$2.2b0.96%0.39%
0.78%
Charles Schwab Investment Management, Inc.
6,382,853US$2.1b7.31%0.23%
0.71%
Legal & General Investment Management Limited
5,771,815US$1.9b-7.68%0.34%
0.71%
Fisher Asset Management, LLC
5,755,989US$1.9b2,140%0.54%
0.7%
Wells Fargo & Company
5,708,161US$1.9b-2.48%0.34%
0.69%
Amundi Asset Management SAS
5,623,436US$1.9b-12.3%0.25%
0.66%
Goldman Sachs Asset Management, L.P.
5,386,959US$1.8b54.6%0.3%
0.64%
First Trust Advisors LP
5,255,509US$1.8b-18.7%0.85%
0.62%
Bank of America Corporation
5,045,590US$1.7b0.84%0.36%

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 23:11
End of Day Share Price 2026/09/10 00:00
Earnings2026/07/31
Annual Earnings2026/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Palo Alto Networks, Inc. is covered by 69 analysts. 50 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam ShepherdArete Research Services LLP
Ellie BagshawArete Research Services LLP
Joseph BonnerArgus Research Company