Insider Sell: Jenkins William D Jr Sells Shares of Palo Alto Networks Inc (PANW)

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Nov 27, 2024
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On November 25, 2024, Jenkins William D Jr, President of a branch of Palo Alto Networks Inc (PANW, Financial), sold 1,305 shares of the company. Following this transaction, the insider now owns 11,982 shares of the company. The details of this transaction can be found in the SEC Filing. Palo Alto Networks Inc (PANW) is a global cybersecurity leader, known for its innovative security solutions that protect organizations across clouds, networks, and mobile devices. The company provides a comprehensive suite of products and services designed to prevent cyber threats and secure digital environments. 1861561794443767808.png Over the past year, Jenkins William D Jr has sold a total of 6,268 shares and has not made any purchases. The insider transaction history for Palo Alto Networks Inc indicates that there have been 1 insider buy and 62 insider sells over the same period. 1861561822193283072.png On the day of the recent sale, shares of Palo Alto Networks Inc were trading at $387.96, giving the stock a market cap of $130.058 billion. The company's price-earnings ratio stands at 51.61, which is higher than the industry median of 26.46 but lower than the company’s historical median price-earnings ratio. With a trading price of $387.96 and a GF Value of $279.45, Palo Alto Networks Inc has a price-to-GF-Value ratio of 1.39, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.

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