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Palo Alto Networks (PANW)

Company Profile

palo alto networks is the next-generation security company, leading a new era in cybersecurity by safely enabling applications and preventing cyber breaches for thousands of organizations worldwide. built with an innovative approach and highly differentiated cyber threat prevention capabilities, our game-changing security platform delivers security far superior to legacy or point products, safely enables daily business operations, and protects an organization’s most valuable assets. find out more at www.paloaltonetworks.com.

Company profile

Ticker

PANW

Exchange

Website

paloaltonetworks.com

CEO

Nikesh Arora

Incorporated

Location

Fiscal year end

Sector

Manufacturing > Computer Terminal and Other Computer Peripheral Equipment Manufacturing

Industry (SIC)

Computer Peripheral Equipment, NEC

Xerox • Stratasys • Logitech International • Fortinet • Corsair Gaming • Forescout • Mandiant • Identiv • Markforged Holding • Immersion ...

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Palo Alto Networks (Australia) Pty Ltd • Sinefa Pty. Ltd. • Palo Alto Networks (Austria) GmbH • Palo Alto Networks (Brasil) Ltda. • Palo Alto Networks (Canada Technology), Inc. • Palo Alto Networks (Canada) Inc. • Palo Alto Networks (Shanghai) Co., Ltd. • PA Networks Costa Rica LLC SRL • Palo Alto Networks (Czech) S.R.O. • Palo Alto Networks Denmark ApS ...

IRS number

202530195

PANW stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$240.35

Low target

$220.00

High target

$265.00

Evercore ISI Group

Market Outperform

Latest filings (excl ownership)

View all

Regulation FD Disclosure

Conflict minerals disclosure

Quarterly report

23 May 23

Palo Alto Networks Reports Fiscal Third Quarter 2023 Financial Results

Entry into a Material Definitive Agreement

Quarterly report

21 Feb 23

Palo Alto Networks Reports Fiscal Second Quarter 2023 Financial Results

Registration of securities for employees

Registration of securities for employees

Departure of Directors or Certain Officers

Transcripts

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Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

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Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

Notice of proposed sale of securities

Financial summary

Financial statements Chart PANW financial data

Quarter (USD)	Apr 23	Jan 23	Oct 22	Jul 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jul 22	Jul 21	Jul 20	Jul 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.00 bn	2.00 bn	2.00 bn	2.00 bn	2.00 bn	2.00 bn
Cash burn (monthly)	(no burn)	35.50 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	44.48 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	1.96 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	55.1	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

PANW institutional ownership history Ownership history

89.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1411	1342	+5.1%
Opened positions	216	188	+14.9%
Closed positions	147	166	-11.4%
Increased positions	570	511	+11.5%
Reduced positions	448	474	-5.5%

13F shares	Current	Prev Q	Change
Total value	49.26 tn	34.72 tn	+41.9%
Total shares	273.72 mm	249.27 mm	+9.8%
Total puts	20.89 mm	29.25 mm	-28.6%
Total calls	8.50 mm	15.05 mm	-43.5%
Total put/call ratio	2.5	1.9	+26.5%

Largest owners	Shares	Value	Change
Ofi Invest Asset Management	27.20 mm	$136.18 mm	NEW
Vanguard	20.12 mm	$4.02 tn	+1.4%
BLK Blackrock	17.21 mm	$3.44 tn	+1.1%
BAC Bank Of America	10.21 mm	$2.04 tn	+18.8%
MS Morgan Stanley	10.18 mm	$2.03 tn	+2.6%
FMR	6.45 mm	$1.29 tn	-8.8%
STT State Street	6.42 mm	$1.28 tn	+1.9%
Nuveen Asset Management	5.99 mm	$1.19 tn	+9.3%
JPM JPMorgan Chase & Co.	5.82 mm	$1.16 tn	+28.9%
AMP Ameriprise Financial	4.95 mm	$988.72 bn	+17.8%

Largest transactions	Shares	Bought/sold	Change
Ofi Invest Asset Management	27.20 mm	+27.20 mm	NEW
Norges Bank	0.00	-5.38 mm	EXIT
Capital Research Global Investors	3.90 mm	+3.90 mm	NEW
Arrowstreet Capital, Limited Partnership	0.00	-2.72 mm	EXIT
C Citigroup	677.66 k	-1.73 mm	-71.8%
BAC Bank Of America	10.21 mm	+1.62 mm	+18.8%
Millennium Management	0.00	-1.59 mm	EXIT
JPM JPMorgan Chase & Co.	5.82 mm	+1.31 mm	+28.9%
Two Sigma Advisers	990.71 k	-1.21 mm	-54.9%
Two Sigma Investments	73.61 k	-1.05 mm	-93.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

PANW insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jun 23	Josh D. Paul	Common Stock	Sell	Dispose S	No	Yes	211	500	105.50 k	29,237
1 Jun 23	Nir Zuk	Common Stock	Sell	Dispose S	No	Yes	217.702	2,984	649.62 k	1,666,898
1 Jun 23	Nir Zuk	Common Stock	Sell	Dispose S	No	Yes	217.033	12,851	2.79 mm	1,699,882
1 Jun 23	Nir Zuk	Common Stock	Sell	Dispose S	No	Yes	216.037	4,435	958.12 k	1,682,733
1 Jun 23	Nir Zuk	Common Stock	Sell	Dispose S	No	Yes	214.838	4,673	1.00 mm	1,687,168
1 Jun 23	Nir Zuk	Common Stock	Sell	Dispose S	No	Yes	214.156	3,804	814.65 k	1,691,841
1 Jun 23	Nir Zuk	Common Stock	Sell	Dispose S	No	Yes	212.805	3,666	780.14 k	1,695,645
1 Jun 23	Nir Zuk	Common Stock	Sell	Dispose S	No	Yes	211.626	1,540	325.90 k	1,699,311
1 Jun 23	Nir Zuk	Common Stock	Sell	Dispose S	No	Yes	210.869	2,047	431.65 k	1,700,851
30 May 23	Dipak Golechha	Common Stock	Sell	Dispose S	No	Yes	216	2,000	432.00 k	71,079

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Looking At Palo Alto Networks's Recent Unusual Options Activity

Market Volatility Increases; S&P 500 Settles Lower

The S&P 500 settled lower on Monday, after the index settled at its strongest level in over nine months on Friday. On the economic data front, the S&P Global U.S. services PMI was revised lower to 54.9 in May versus a preliminary reading of 55.1, while the ISM Services PMI declined to 50.3 in May from 51.9 in April.

S&P 500 Enters Bull Market Territory: Investors Bet On Fed Holding Rates Steady In June As Services Sector Expansion Slows

The S&P 500 index continued to rise at the start of the week, firmly entering bull market territory after rising 23% from its October 2022 lows.

10 Information Technology Stocks Whale Activity In Today's Session

Palo Alto Networks Shares Surge As It Joins S&P 500: Who Is It Replacing?

Press releases

From Benzinga Pro

Thinking about trading options or stock in Apple, Palo Alto Networks, Palantir Technologies, Airbnb, or AMETEK?

NEW YORK, June 5, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AAPL, PANW, PLTR, ABNB, and AME.

Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK, June 2, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the

Palo Alto Networks to Present at Upcoming Investor Event

SANTA CLARA, Calif., June 1, 2023 /PRNewswire/ -- Palo Alto Networks (NASDAQ:PANW), the global cybersecurity leader, announced today that members of its management team will be presenting at the following financial

Thinking about trading options or stock in Intuit., Crowdstrike, Palo Alto Networks, Dycom, or Toll Brothers?

Palo Alto Networks Reports Fiscal Third Quarter 2023 Financial Results

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