The Latest Breaking News from Palo Alto Networks

Today I'll analyze and compare Palo Alto Networks (PANW) and Fortinet (FTNT) to determine which cybersecurity stock is currently a better investment.

Although the Nasdaq Composite dropped around 2% on Tuesday, there were a few notable insider trades.

Palo Alto Networks (NASDAQ:PANW) has outperformed the market over the past 5 years by 25.32% on an annualized basis.

A whale with a lot of money to spend has taken a noticeably bearish stance on Palo Alto Networks. Looking at options history for Palo Alto Networks (NASDAQ:PANW) we detected 51 strange trades.

Rapid digitalization and cloud migration across industries have increased businesses’ vulnerability to cyberattacks, ransomware attacks, and large-scale data breaches. So, surging demand for cybersecurity solutions should benefit prominent players in this space Palo Alto Networks (PANW) and Check Point Software (CHKP). But which of these stocks is a better buy…

With the chaos in Thursday’s markets instigated by Russia’s invasion of Ukraine, investors are still hunting for bargains in the technology sector. Back in the 1990s, the darling of the tech sector was storage and networking issues. In the 2020s, it may be cybersecurity issues moving into the role.

Someone with a lot of money to spend has taken a bearish stance on Palo Alto Networks (NASDAQ:PANW). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

According to data from Benzinga Pro, during Q2, Palo Alto Networks's (NYSE:PANW) reported sales totaled $1.32 billion. Despite a 9.75% increase in earnings, the company posted a loss of $93.50 million.

Within the last quarter, Palo Alto Networks (NASDAQ:PANW) has observed the following analyst ratings: