We recently compiled a list of the 10 Stocks With At Least $10 Million In Insider Sales Recently. In this article, we are going to take a look at where Palo Alto Networks, Inc. (NASDAQ:PANW) stands against the other stocks.

Some of the major U.S. indexes began recovering on Wednesday, following the Trump administration’s announcement of a one-month delay on tariffs for automakers meeting the United States-Mexico-Canada Agreement (USMCA) requirements. The news sparked enthusiasm among traders, who began hoping for additional exemptions, causing the major stock indexes to rise slightly.

Blue-chip companies gained 485.60 points or 1.14%, the broader market index rose 1.12%, while the NASDAQ stocks increased 1.46%. These rebounds come during a volatile week following a period of consecutive declines.

Although many analysts have lowered their U.S. stock forecasts, citing that strong earnings in 2025 may be more challenging to achieve, the broader market index is still projected to end the year about 9% higher than in 2024. However, this is lower than the initial forecast of 12.2%, made in early January.

On the other hand, the big bets for this year are a productivity boost from the adoption of AI and the projection of lower interest rates. Dan Ives, global head of technology research at Wedbush Securities, said that while tariffs are never good for Wall Street, investors should take advantage of these periods to invest in the best tech stocks, reports CNN Business.

Amid market fluctuations and uncertainty, insider trading often attracts significant attention. Executives and insiders, with their in-depth knowledge of company strategies, plans, and future prospects, may make trades worth analyzing. For instance, when a CEO or CFO invests their own funds in company stock, it can serve as a strong indicator of confidence in the company’s future potential.

Selling shares, on the other hand, may suggest that management is losing confidence, though this is not always the case. In some instances, large shareholders may simply be rebalancing their portfolios to better align with their desired risk/reward profile or selling for personal financial reasons. Additionally, many insiders sell shares as part of pre-arranged, automated trading plans known as 10b5-1 plans.

Both insider buying and selling can be influenced by various factors, so these actions should be interpreted within the broader context of the company’s financial health, industry trends, and overall market conditions. This highlights the importance of conducting thorough research before making investment decisions. While insider trading activity can offer valuable insights into a company’s prospects, it should be considered alongside other critical factors to ensure well-informed investment choices.

Today, we’re focusing on stocks that have seen insider sales of at least $10 million since the start of the year. Using Insider Monkey’s insider trading screener, we identified stocks where at least one insider sale reached $10 million or more. While the total value of insider sales for these stocks may be higher, we focused on sales worth $10 million or more. Out of the stocks that met this criterion, we selected the 10 stocks with insider sales ranging from $10 million to $20 million, prioritizing those with the highest insider sales within this range for further analysis.

Our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds, focusing on insider trading and stock picks from hedge fund investor newsletters and conferences. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).

For each stock, we provide details on the highest individual sale, the number of insider sales exceeding $10 million year-to-date, and the company’s current market capitalization. Let’s take a look at 10 stocks with at least $10 million in insider sales since the beginning of the year.

A cutting-edge computer lab full of IT experts monitoring the security of multiple systems.

Palo Alto Networks, Inc. (NASDAQ:PANW)

Highest Individual Sale: $19,396,036.65

Number of Sales Above $10 million: 16

Market Capitalization: $122.01 billion

Seventh among the 10 stocks with at least $10 million in insider sales recently is a global provider of cybersecurity solutions, Palo Alto Networks, Inc. (NASDAQ:PANW). The Santa Clara, California-based company offers a range of network security platforms, including Prisma Access, a security services edge (SSE) solution, and Strata Cloud Manager, a network security management tool. Additionally, Palo Alto Networks provides cloud security solutions such as Prisma Cloud, a cloud-native application protection platform, and the Code to Cloud platform. The company also offers VM-Series and CN-Series virtual firewalls for inline network security in multi-cloud and hybrid-cloud environments.

This week, the company launched Prisma SASE 5G, providing the tools needed to ensure protection in the future of mobility and connectivity. The company also announced the expansion of its private 5G partnerships, collaborating with seven industry leaders to offer comprehensive private 5G security solutions for enterprise deployments.

Since the beginning of the year, the company’s CEO, Nikesh Arora, made 16 sales of his Palo Alto Networks, Inc. (NASDAQ:PANW) shares. Out of these transactions, one was worth $19.4 million, when Arora sold 106,747 shares at a price of $181.70 per share. Currently, the stock is trading at $184.28 per share, having gained 1.28% since the beginning of the year. Over the past 12 months, Palo Alto Networks returned 32.17% to its investors.

Mad Money host, Jim Cramer recently commented on the stock saying, “Nikesh Arora put up a really good quarter. The headlines were out immediately. Before they even could read the release, sellers came in. Had they read the release, they would’ve realized it is fine. I like Palo Alto very much. It’s a great way to get involved in cybersecurity.”

Cramer added Arora created $104 billion in value for the company.

MarketBeat reveals that 42 analysts have an average “Moderate Buy” on Palo Alto Networks, Inc. (NASDAQ:PANW) stock, with a price target of $205.6.

Overall PANW ranks 7th on our list of the stocks with at least $10 million in insider sales recently. While we acknowledge the potential of PANW as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PANW but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

 

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

 

Disclosure: None. This article is originally published at Insider Monkey.