Palo Alto Networks (PANW -5.6%) files to sell $225M worth of shares on behalf of insiders. No...

|About: Palo Alto Networks (PANW)|By:, SA News Editor

Palo Alto Networks (PANW -5.6%) files to sell $225M worth of shares on behalf of insiders. No details are given on who the sellers will be, though it's worth noting VC firms Greylock Partners and Sequoia Capital each own 20.3% of Palo Alto, and director/Greylock VC Asheem Chandna independently owns 20.8%. Palo Alto sold off today after Bloomberg broke the news of an offering ahead of time.