Seeking Alpha

Palo Alto files to sell 1.56M shares for existing holders

  • Palo Alto Networks' (PANW) filing covers ~2% of outstanding shares. EMC, Blumberg Capital, and Battery Ventures are listed among the selling stockholders. (prospectus)
  • The filing comes six days after shares jumped in response to an FQ3 beat and the settling of Palo Alto's long-running patent spat with Juniper.
  • PANW -0.4% AH.
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