Palo Alto Networks Inc
Ownership
Ownership Structure
Who owns Palo Alto Networks Inc (PANW)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 99.1% of the shares are freely tradable; institutional investors hold 83.3%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| BlackRock Inc | 9.26 | 75,753,509 | +4.6 | 06/30/2026 |
| Vanguard Capital Management, LLC | 6.50 | 53,129,128 | +0.7 | 06/30/2026 |
| State Street Corp | 4.52 | 36,979,497 | +4.2 | 06/30/2026 |
| Morgan Stanley - Brokerage Accounts | 3.60 | 29,450,112 | -8.9 | 06/30/2026 |
| Amvescap Plc. | 3.14 | 25,647,946 | +7.2 | 06/30/2026 |
| Bank of America Corp | 2.77 | 22,681,876 | +0.9 | 06/30/2026 |
| JPMorgan Chase & Co | 2.65 | 21,715,578 | +61.2 | 06/30/2026 |
| FMR Inc | 2.45 | 20,054,462 | +147.4 | 06/30/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Vanguard MStar Total Stk Mkt Idx Invest | 3.16 | 25,870,034 | -0.2 | 09/30/2026 |
| Vanguard 500 Index Investor | 2.62 | 21,405,775 | -0.7 | 09/30/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Klarich Lee | EVP Chief Product & Tech Ofcr | 555,070 | 195,218,119 $ | Oct 8, 2026 | indirect |
| Golechha Dipak | EVP, Chief Financial Officer | 117,750 | 41,412,675 $ | Sep 24, 2026 | direct |
| Paul Josh D. | Chief Accounting Officer | 77,987 | 27,428,028 $ | Oct 1, 2026 | direct |
| Key John P. | Director | 10,000 | 3,517,000 $ | Sep 14, 2026 | direct |
| Thorning-Schmidt Helle | Director | 5,687 | 2,000,118 $ | Sep 1, 2026 | direct |
| Bawa Aparna | Director | 4,427 | 1,556,976 $ | Oct 9, 2026 | indirect |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Oct 9, 2026 | Bawa Aparna | Director | Sell | 80 | 417.13 | 33,370 |
| Oct 9, 2026 | Bawa Aparna | Director | Sell | 170 | 410.00 | 69,700 |
| Oct 8, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Other | 60,000 | 0.00 | – |
| Oct 1, 2026 | Paul Josh D. | Chief Accounting Officer | Sell | 400 | 395.70 | 158,280 |
| Oct 1, 2026 | Paul Josh D. | Chief Accounting Officer | Other | 1,308 | 397.31 | 519,681 |
| Sep 30, 2026 | Klarich Lee | EVP Chief Product & Tech Ofcr | Other | 25,000 | 0.00 | – |
| Sep 24, 2026 | Golechha Dipak | EVP, Chief Financial Officer | Sell | 100 | 396.21 | 39,621 |
| Sep 24, 2026 | Golechha Dipak | EVP, Chief Financial Officer | Sell | 2,200 | 393.58 | 865,880 |
| Sep 24, 2026 | Golechha Dipak | EVP, Chief Financial Officer | Sell | 6,400 | 392.71 | 2,513,350 |
| Sep 24, 2026 | Golechha Dipak | EVP, Chief Financial Officer | Sell | 5,301 | 391.71 | 2,076,455 |
| Sep 24, 2026 | Golechha Dipak | EVP, Chief Financial Officer | Sell | 9,539 | 390.66 | 3,726,458 |
| Sep 24, 2026 | Golechha Dipak | EVP, Chief Financial Officer | Sell | 2,160 | 389.85 | 842,074 |
| Sep 24, 2026 | Golechha Dipak | EVP, Chief Financial Officer | Sell | 900 | 394.98 | 355,479 |
| Sep 24, 2026 | Bawa Aparna | Director | Sell | 260 | 392.69 | 102,098 |
| Sep 18, 2026 | Paul Josh D. | Chief Accounting Officer | Other | 7,211 | 0.00 | – |
| Sep 17, 2026 | Goetz James J | Director | Sell | 500 | 382.69 | 191,343 |
| Sep 17, 2026 | Goetz James J | Director | Sell | 781 | 381.86 | 298,231 |
| Sep 17, 2026 | Goetz James J | Director | Sell | 1,000 | 380.72 | 380,715 |
| Sep 17, 2026 | Goetz James J | Director | Sell | 700 | 379.61 | 265,724 |
| Sep 17, 2026 | Goetz James J | Director | Sell | 1,504 | 378.74 | 569,618 |
| Sep 17, 2026 | Goetz James J | Director | Sell | 1,293 | 377.65 | 488,298 |
| Sep 17, 2026 | Goetz James J | Director | Sell | 4,751 | 376.66 | 1,789,515 |
| Sep 17, 2026 | Goetz James J | Director | Sell | 4,313 | 375.73 | 1,620,507 |
| Sep 17, 2026 | Goetz James J | Director | Sell | 3,348 | 374.72 | 1,254,561 |
| Sep 17, 2026 | Goetz James J | Director | Sell | 910 | 373.53 | 339,912 |
| Sep 17, 2026 | Goetz James J | Director | Sell | 900 | 372.51 | 335,263 |
| Sep 15, 2026 | Bawa Aparna | Director | Sell | 500 | 377.18 | 188,590 |
| Sep 14, 2026 | Key John P. | Director | Sell | 2,500 | 376.03 | 940,075 |
| Sep 14, 2026 | Bawa Aparna | Director | Sell | 1,000 | 373.61 | 373,605 |
| Sep 1, 2026 | Thorning-Schmidt Helle | Director | Other | 211 | 382.13 | 80,629 |
| Sep 1, 2026 | Paul Josh D. | Chief Accounting Officer | Sell | 900 | 373.68 | 336,312 |
| Aug 25, 2026 | Paul Josh D. | Chief Accounting Officer | Sell | 900 | 353.77 | 318,393 |
| Aug 21, 2026 | Paul Josh D. | Chief Accounting Officer | Other | 1,529 | 349.56 | 534,477 |
| Aug 1, 2026 | Paul Josh D. | Chief Accounting Officer | Other | 3,861 | 331.83 | 1,281,196 |
| Jul 7, 2026 | Thorning-Schmidt Helle | Director | Sell | 700 | 346.85 | 242,795 |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: November 2, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.