Palo Alto Networks director Bawa sells $103,070 in stock

Palo Alto Networks' director, Aparna Bawa, sold a total of $103,070 worth of the company's stock on October 9, 2026, as reported in a recent regulatory filing. The sale involved the transfer of 250 shares, priced between $410.0 and $417.125 per share, and were held indirectly by The Bawa Family Trust. The trust, managed by Bawa and her spouse, saw a decrease in its indirect beneficial ownership to 4,427 shares after the transaction.

Additionally, Bawa personally owns 1,644 Palo Alto Networks common shares. Analysts note that the stock is currently overvalued compared to its Fair Value, based on InvestingPro's assessment. Palo Alto Networks has garnered attention from several analysts, with TD Cowen raising its price target to $440 and BTIG to $425, both maintaining a Buy rating.

Yorkville Ives has also initiated coverage with an outperform rating and a price target of $500, while AmerX has opted for a Hold rating. These varying viewpoints underscore the diverse outlooks on the company's future performance in the security software sector.