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Is Palo Alto Networks In Merger Talks?

|Includes: Palo Alto Networks (PANW)

Insiders at Palo Alto Networks have been constant seller of the stock for years. Since early February the pattern has stopped, while only automated stock sales continue to take place. Could this be indicative of a merger talk quiet period?

Price Chart of Palo Alto Networks: red flags show open market transactions. Source: Bloomberg

Price Chart of Palo Alto, red flags show insider sales

Disclosure: I am/we are long PANW.