Palo Alto Networks, based in Santa Clara, California, offers AI-backed network security solutions to enterprises and governments, employing 15,166 people since its IPO in 2012. Its platforms include Prisma Cloud for cloud-native security and Cortex for automation and analytics.
Nikesh Arora sold 846,408 shares of PANW on 23 September at $208.35 per share, worth a total of $176.3M. They now own 739,381 PANW shares, or a 75% holding decrease.
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