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Video: What is a Stock Split?
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Palo Alto Networks is a global cybersecurity provider. Co.'s cybersecurity platforms and services help secure enterprise users, networks, clouds, and endpoints by delivering cybersecurity backed by artificial intelligence and automation. Co. is a provider of zero trust solutions, starting with zero trust network access to secure remote hybrid workforces and extending to securing users, applications, and infrastructure with zero trust principles. Co.'s network security platform includes its hardware and software Machine Learning-Powered Next-Generation Firewalls, as well as a cloud-delivered Secure Access Service Edge. Co. enables cloud-native security through its Prisma Cloud platform. According to our PANW split history records, Palo Alto Networks has had 1 split. | |
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Palo Alto Networks (PANW) has 1 split in our PANW split history database. The split for PANW took place on September 14, 2022. This was a 3 for 1 split, meaning for each share of PANW owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split.
When a company such as Palo Alto Networks splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the PANW split history from start to finish, an original position size of 1000 shares would have turned into 3000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Palo Alto Networks shares, starting with a $10,000 purchase of PANW, presented on a split-history-adjusted basis factoring in the complete PANW split history.
Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
10/10/2014 |
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End date: |
10/08/2024 |
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Start price/share: |
$31.45 |
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End price/share: |
$355.13 |
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Dividends collected/share: |
$0.00 |
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Total return: |
1,029.19% |
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Average Annual Total Return: |
27.42% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$112,892.30 |
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Years: |
10.00 |
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Date |
Ratio |
09/14/2022 | 3 for 1 |
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