Dipak Golechha, Executive Vice President and Chief Financial Officer of Palo Alto Networks Inc (PANW, Financial), sold 2,500 shares of the company on September 3, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 57,398 shares of the company.
Palo Alto Networks Inc is a global cybersecurity leader known for its comprehensive cyber security solutions that protect organizations across clouds, networks, and mobile devices.
Over the past year, the insider has sold a total of 10,000 shares and has not made any purchases. This recent sale is part of a broader trend within the company, where there have been 61 insider sells and only 1 insider buy over the past year.
On the day of the sale, shares of Palo Alto Networks Inc were trading at $359.07, giving the company a market cap of $111.75 billion. The price-earnings ratio of the company stands at 47.41, which is above the industry median of 25.89.
According to the GF Value, the intrinsic value of the stock is estimated at $255.92, suggesting that the stock is Significantly Overvalued with a price-to-GF-Value ratio of 1.4.
The GF Value is calculated based on historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.
This sale by the insider may be of interest to current and potential investors, providing insight into insider confidence and valuation perspectives at current price levels.
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.
