Palo Alto Networks PANW
Ownership & positioning
Who holds it, who is betting against it, and where the big money is moving
Short-sale volume as % of daily volume
Large-order net flow, last 20 sessions
Net of large-order buying minus selling, in USD. Over this window: +$21.02M (11 inflow days, 9 outflow days).
Net flow by order size, last 20 sessions
Super/Big orders approximate institutional-size trades; Mid/Small approximate retail-size trades. Net buy minus sell value in each bucket, summed over the window.
The five largest holders on file together own 26.4% of shares outstanding.
Largest holders
By investor type
Reported short interest has held roughly steady near 2.60% of float over the last 6 biweekly reports (31 Jul 2026 to 15 Oct 2026).
Recent institutional activity
| Holder | Type | Period | Share change | New stake |
|---|---|---|---|---|
| Deka Investment GmbH | Mutual Fund | 2026/Q3 | +1,475,549 | 0.2% |
| FMR | Mutual Fund | 2026/Q3 | +10,961,453 | 2.2% |
| J.P. Morgan Asset Management, Inc. | Mutual Fund | 2026/Q3 | +6,175,619 | 1.6% |
| Fisher Investments | Mutual Fund | 2026/Q3 | +5,499,328 | 0.7% |
| BlackRock | Mutual Fund | 2026/Q3 | +3,322,076 | 9.3% |
| JPMorgan Chase & Co. | Public Company | 2026/Q3 | +2,171,610 | 1.0% |
| Jane Street Group, LLC | Private Company | 2026/Q3 | +2,129,568 | 0.3% |
| Norges Bank Investment Management | Sovereign Wealth Fund | 2026/Q3 | +2,066,833 | 1.2% |
| Goldman Sachs Asset Management, L.P. | Mutual Fund | 2026/Q3 | +1,902,772 | 0.7% |
| Polar Capital Holdings Plc | Mutual Fund | 2026/Q3 | +1,672,688 | 0.2% |
| T. Rowe Price Group, Inc. | Mutual Fund | 2026/Q3 | +1,620,040 | 0.5% |
| Invesco Ltd. | Mutual Fund | 2026/Q3 | +1,545,413 | 0.3% |
| State Street Global Advisors | Mutual Fund | 2026/Q3 | +1,493,179 | 4.5% |
| Wellington Management Group | Mutual Fund | 2026/Q3 | +1,129,480 | 0.3% |
| Strategic Advisers LLC | Mutual Fund | 2026/Q3 | +988,219 | 0.3% |
Institutional buy/sell activity by reporting period, largest moves first.
Insider transactions
| Date | Insider | Title | Transaction | Shares | Price | Held after |
|---|---|---|---|---|---|---|
| 11 Oct 2026 | Nikesh Arora | Chairperson & CEO | Other Derivative Disposition | -500,000 | – | 2,093,369 |
| 8 Oct 2026 | Aparna Bawa | Independent Director | Open Market Disposition | -250 | $417.13 | 6,071 |
| 7 Oct 2026 | Lee Klarich | Executive VP, Chief Product Officer, CTO & Director | Other Disposition | -60,000 | – | 791,053 |
| 30 Sep 2026 | Josh Paul | Chief Accounting Officer | Sale to Issuer | -1,308 | $397.31 | 37,097 |
| 30 Sep 2026 | Josh Paul | Chief Accounting Officer | Automatic Disposition | -400 | $395.70 | 37,097 |
| 29 Sep 2026 | Lee Klarich | Executive VP, Chief Product Officer, CTO & Director | Other Disposition | -25,000 | – | 851,053 |
| 23 Sep 2026 | Aparna Bawa | Independent Director | Open Market Disposition | -260 | $392.69 | 6,321 |
| 23 Sep 2026 | Dipak Golechha | Chief Financial Officer | Automatic Disposition | -27,500 | $396.21 | 117,750 |
| 17 Sep 2026 | Josh Paul | Chief Accounting Officer | Other Acquisition | +7,211 | – | 40,890 |
| 16 Sep 2026 | James Goetz | Independent Director | Open Market Disposition | -20,000 | $382.69 | 314,580 |
| 14 Sep 2026 | Aparna Bawa | Independent Director | Open Market Disposition | -1,500 | $377.18 | 6,581 |
| 13 Sep 2026 | John Key | Independent Director | Open Market Disposition | -2,500 | $376.03 | 9,428 |
| 24 Aug 2026 | Josh Paul | Chief Accounting Officer | Automatic Disposition | -900 | $353.77 | 37,039 |
| 20 Aug 2026 | Josh Paul | Chief Accounting Officer | Sale to Issuer | -1,529 | $349.56 | 37,939 |
| 31 Jul 2026 | Josh Paul | Chief Accounting Officer | Sale to Issuer | -3,861 | $331.83 | 33,399 |
| 6 Jul 2026 | Helle Thorning-Schmidt | Independent Director | Open Market Disposition | -700 | $346.85 | 1,890 |
| 30 Jun 2026 | Josh Paul | Chief Accounting Officer | Sale to Issuer | -1,092 | $341.02 | 32,462 |
| 30 Jun 2026 | Josh Paul | Chief Accounting Officer | Automatic Disposition | -900 | $345.00 | 32,462 |
| 30 Jun 2026 | Aparna Bawa | Independent Director | Open Market Disposition | -922 | $348.74 | 8,081 |
| 29 Jun 2026 | Nikesh Arora | Chairperson & CEO | Derivative Disposition Under Emp | -865,090 | – | 2,093,369 |
From Form 4/Form 144 filings. Negative share counts are disposals (sales, gifts, or shares withheld for taxes); positive are acquisitions.
Short interest, by report
| Report date | Shares short | % of float | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 21,268,455 | 2.6% | 4.5 |
| 30 Sep 2026 | 21,608,068 | 2.6% | 3.4 |
| 15 Sep 2026 | 21,871,670 | 2.7% | 3.0 |
| 31 Aug 2026 | 21,411,706 | 2.6% | 3.9 |
| 14 Aug 2026 | 22,414,335 | 2.8% | 4.0 |
| 31 Jul 2026 | 21,000,807 | 2.6% | 3.5 |
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