PALO ALTO NETWORKS INC

Ticker: PANW CUSIP: 697435105 Class: COM

SPHERA FUNDS MANAGEMENT LTD.'s Holding History (CIK: 0001496201)

Note: Option positions (PUT/CALL) are excluded.

Q2 2025

Shares 13,114 Value ($000) $2,684 Avg Close $185.70 Range $144.15 - $206.74

Q2 2024

Shares 18,000 Value ($000) $6,102 Avg Close $149.57 Range $132.50 - $172.95

Q4 2023

Shares 16,585 Value ($000) $4,891 Avg Close $133.70 Range $115.05 - $159.00

Q3 2023

Shares 28,759 Value ($000) $6,742 Avg Close $118.33 Range $100.58 - $129.44

Q2 2023

Shares 27,000 Value ($000) $6,899 Avg Close $104.05 Range $88.15 - $128.41

Q1 2023

Shares 20,000 Value ($000) $3,995 Avg Close $84.74 Range $66.11 - $100.15

Q3 2022

Shares 63,000 Value ($000) $10,319 Avg Close $86.60 Range $77.20 - $96.47

Q4 2021

Shares 24,000 Value ($000) $13,362 Avg Close $86.50 Range $77.19 - $95.44

Q3 2021

Shares 31,000 Value ($000) $14,849 Avg Close $70.26 Range $59.73 - $82.65

Q1 2021

Shares 32,300 Value ($000) $10,403 Avg Close $59.44 Range $51.93 - $67.17

Q4 2020

Shares 37,871 Value ($000) $13,459 Avg Close $46.72 Range $36.56 - $62.50

Q2 2020

Shares 30,000 Value ($000) $6,890 Avg Close $35.23 Range $26.33 - $40.52

Q1 2020

Shares 16,452 Value ($000) $2,697 Avg Close $34.91 Range $20.91 - $41.85

Q4 2019

Shares 30,976 Value ($000) $7,163 Avg Close $37.82 Range $33.75 - $41.83

Q3 2019

Shares 32,976 Value ($000) $6,721 Avg Close $35.39 Range $32.03 - $38.32

Q2 2019

Shares 27,976 Value ($000) $5,700 Avg Close $37.41 Range $32.45 - $41.82

Q1 2019

Shares 30,754 Value ($000) $7,470 Avg Close $37.09 Range $29.80 - $43.44

Q4 2018

Shares 24,885 Value ($000) $17,514 Avg Close $31.18 Range $26.68 - $38.18

Q4 2017

Shares 16,055 Value ($000) $2,327 Avg Close $24.33 Range $22.64 - $26.14

Q3 2017

Shares 20,805 Value ($000) $2,998 Avg Close $22.77 Range $21.09 - $24.79

Q4 2016

Shares 7,052 Value ($000) $882 Avg Close $23.96 Range $20.59 - $27.61

Q3 2016

Shares 7,052 Value ($000) $1,124 Avg Close $22.79 Range $19.50 - $26.67

Q1 2016

Shares 17,175 Value ($000) $2,802 Avg Close $24.59 Range $18.52 - $28.96

Q3 2015

Shares 10,002 Value ($000) $1,720 Avg Close $29.50 Range $23.40 - $33.42

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2025	13,114	$2,684	$185.70	$144.15 - $206.74
Q2 2024	18,000	$6,102	$149.57	$132.50 - $172.95
Q4 2023	16,585	$4,891	$133.70	$115.05 - $159.00
Q3 2023	28,759	$6,742	$118.33	$100.58 - $129.44
Q2 2023	27,000	$6,899	$104.05	$88.15 - $128.41
Q1 2023	20,000	$3,995	$84.74	$66.11 - $100.15
Q3 2022	63,000	$10,319	$86.60	$77.20 - $96.47
Q4 2021	24,000	$13,362	$86.50	$77.19 - $95.44
Q3 2021	31,000	$14,849	$70.26	$59.73 - $82.65
Q1 2021	32,300	$10,403	$59.44	$51.93 - $67.17
Q4 2020	37,871	$13,459	$46.72	$36.56 - $62.50
Q2 2020	30,000	$6,890	$35.23	$26.33 - $40.52
Q1 2020	16,452	$2,697	$34.91	$20.91 - $41.85
Q4 2019	30,976	$7,163	$37.82	$33.75 - $41.83
Q3 2019	32,976	$6,721	$35.39	$32.03 - $38.32
Q2 2019	27,976	$5,700	$37.41	$32.45 - $41.82
Q1 2019	30,754	$7,470	$37.09	$29.80 - $43.44
Q4 2018	24,885	$17,514	$31.18	$26.68 - $38.18
Q4 2017	16,055	$2,327	$24.33	$22.64 - $26.14
Q3 2017	20,805	$2,998	$22.77	$21.09 - $24.79
Q4 2016	7,052	$882	$23.96	$20.59 - $27.61
Q3 2016	7,052	$1,124	$22.79	$19.50 - $26.67
Q1 2016	17,175	$2,802	$24.59	$18.52 - $28.96
Q3 2015	10,002	$1,720	$29.50	$23.40 - $33.42