Rep. Gilbert Ray Cisneros, Jr. Buys Palo Alto Networks, Inc. (NASDAQ:PANW) Stock

Key Points

• Rep. Gil Cisneros bought Palo Alto Networks shares worth between $1,001 and $15,000 on April 14, according to a filing disclosed on May 8.
• PANW stock was trading higher at $213.66, near its 12-month high of $223.61, and the company carries a market value of about $174.35 billion.
• Analysts remain broadly positive on Palo Alto Networks, with an average rating of “Moderate Buy” and an average price target of $212.09, while recent earnings beat estimates on both EPS and revenue.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Palo Alto Networks, Inc. (NASDAQ:PANW). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Palo Alto Networks stock on April 14th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Revvity NYSE: RVTY on 5/1/2026.
• Sold $1,001 - $15,000 in shares of Flex NASDAQ: FLEX on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of LPL Financial NASDAQ: LPLA on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of FirstService NASDAQ: FSV on 5/1/2026.
• Sold $1,001 - $15,000 in shares of SS&C Technologies NASDAQ: SSNC on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of Wayfair NYSE: W on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of STERIS NYSE: STE on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of Sensata Technologies NYSE: ST on 5/1/2026.
• Purchased $1,001 - $15,000 in shares of Veralto NYSE: VLTO on 5/1/2026.

Palo Alto Networks Trading Up 2.8%

Shares of Palo Alto Networks stock opened at $213.66 on Tuesday. The business's fifty day moving average price is $168.60 and its 200 day moving average price is $180.57. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $223.61. The stock has a market capitalization of $174.35 billion, a P/E ratio of 118.04, a PEG ratio of 7.49 and a beta of 0.77.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last announced its quarterly earnings results on Wednesday, February 18th. The network technology company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.94 by $0.09. The company had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.58 billion. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The firm's revenue was up 14.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.81 earnings per share. As a group, sell-side analysts predict that Palo Alto Networks, Inc. will post 2.14 EPS for the current year.

Hedge Funds Weigh In On Palo Alto Networks

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of Palo Alto Networks by 147.7% in the 4th quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company's stock valued at $1,230,000 after purchasing an additional 4,031 shares in the last quarter. Bison Wealth LLC grew its position in shares of Palo Alto Networks by 169.1% during the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company's stock worth $948,000 after buying an additional 3,275 shares in the last quarter. Sivia Capital Partners LLC increased its stake in shares of Palo Alto Networks by 66.3% in the second quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company's stock worth $713,000 after buying an additional 1,389 shares during the last quarter. Osterweis Capital Management Inc. increased its stake in shares of Palo Alto Networks by 11,100.0% in the second quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company's stock worth $115,000 after buying an additional 555 shares during the last quarter. Finally, Main Street Financial Solutions LLC raised its holdings in Palo Alto Networks by 6.0% in the second quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company's stock valued at $900,000 after acquiring an additional 249 shares in the last quarter. 79.82% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

PANW has been the topic of a number of recent research reports. Susquehanna reduced their price target on shares of Palo Alto Networks from $230.00 to $200.00 and set a "positive" rating on the stock in a research report on Wednesday, February 18th. Royal Bank Of Canada reissued an "outperform" rating and issued a $220.00 target price on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Daiwa Securities Group reduced their target price on shares of Palo Alto Networks from $212.00 to $175.00 and set an "outperform" rating on the stock in a report on Tuesday, February 24th. Loop Capital lowered their price target on Palo Alto Networks from $190.00 to $160.00 and set a "hold" rating for the company in a report on Wednesday, February 18th. Finally, Argus raised Palo Alto Networks to a "strong-buy" rating in a research report on Friday, February 20th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $212.09.

Insider Activity

In related news, CEO Nikesh Arora acquired 68,085 shares of the firm's stock in a transaction on Friday, March 27th. The stock was bought at an average cost of $146.87 per share, with a total value of $9,999,643.95. Following the acquisition, the chief executive officer directly owned 343,394 shares in the company, valued at approximately $50,434,276.78. The trade was a 24.73% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John P. Key sold 1,572 shares of the business's stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $173.32, for a total transaction of $272,459.04. Following the completion of the sale, the director directly owned 20,000 shares of the company's stock, valued at $3,466,400. The trade was a 7.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 30,356 shares of company stock worth $4,981,575 over the last ninety days. Insiders own 1.40% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Palo Alto Networks Company Profile

Palo Alto Networks NASDAQ: PANW is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company's product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.

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