Rep. Lisa C. McClain Purchases Shares of Palo Alto Networks, Inc. (NASDAQ:PANW)

Key Points

• Representative Lisa C. McClain recently purchased between $1,001 and $15,000 worth of shares in Palo Alto Networks, Inc. (NASDAQ:PANW) on July 10th, 2023, as disclosed in a filing made on August 13th.
• Palo Alto Networks has reported strong quarterly results, with a net margin of 13.95% and a year-over-year revenue increase of 15.3%, exceeding analyst expectations with $0.80 EPS for the quarter.
• A number of hedge funds have recently adjusted their positions in Palo Alto Networks, with institutional investors now controlling 79.82% of the company's shares, indicating strong confidence in its financial prospects.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Palo Alto Networks, Inc. NASDAQ: PANW. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Palo Alto Networks stock on July 10th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Palo Alto Networks Price Performance

Shares of PANW traded up $3.54 during trading hours on Friday, hitting $177.09. The company's stock had a trading volume of 9,535,538 shares, compared to its average volume of 11,219,376. The company has a market cap of $118.08 billion, a price-to-earnings ratio of 101.19, a PEG ratio of 4.34 and a beta of 0.94. The business has a 50 day simple moving average of $192.00 and a two-hundred day simple moving average of $186.42. Palo Alto Networks, Inc. has a 52-week low of $144.15 and a 52-week high of $210.39.

Palo Alto Networks (NASDAQ:PANW - Get Free Report) last posted its earnings results on Tuesday, May 20th. The network technology company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.03. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.28 billion. Palo Alto Networks had a net margin of 13.95% and a return on equity of 19.48%. The company's revenue was up 15.3% on a year-over-year basis. During the same quarter last year, the company earned $0.66 earnings per share. Research analysts predict that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Lee Klarich sold 120,774 shares of the stock in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $195.14, for a total value of $23,567,838.36. Following the completion of the transaction, the executive vice president directly owned 264,246 shares in the company, valued at $51,564,964.44. This trade represents a 31.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Nir Zuk sold 100,000 shares of the stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $172.80, for a total transaction of $17,280,000.00. Following the completion of the transaction, the executive vice president owned 3,143,516 shares of the company's stock, valued at approximately $543,199,564.80. The trade was a 3.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 669,248 shares of company stock worth $126,423,337. Company insiders own 2.50% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Cantor Fitzgerald reiterated an "overweight" rating and issued a $223.00 target price on shares of Palo Alto Networks in a research note on Friday. Guggenheim reaffirmed a "sell" rating and set a $130.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, May 21st. Barclays reduced their price objective on shares of Palo Alto Networks from $213.00 to $210.00 and set an "overweight" rating for the company in a research note on Wednesday, May 21st. KeyCorp cut shares of Palo Alto Networks from an "overweight" rating to a "sector weight" rating in a research note on Thursday, July 31st. Finally, Roth Capital began coverage on shares of Palo Alto Networks in a research note on Thursday, May 15th. They set a "neutral" rating and a $210.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-six have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $217.79.

Institutional Investors Weigh In On Palo Alto Networks

Several institutional investors have recently added to or reduced their stakes in PANW. Brighton Jones LLC raised its holdings in 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 worth $1,230,000 after purchasing an additional 4,031 shares in the last quarter. Bank Pictet & Cie Europe AG raised its holdings in Palo Alto Networks by 115.6% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 43,985 shares of the network technology company's stock worth $8,004,000 after purchasing an additional 23,586 shares in the last quarter. Bragg Financial Advisors Inc raised its holdings in Palo Alto Networks by 100.0% in the 4th quarter. Bragg Financial Advisors Inc now owns 1,440 shares of the network technology company's stock worth $262,000 after purchasing an additional 720 shares in the last quarter. Mariner LLC raised its holdings in Palo Alto Networks by 110.6% in the 4th quarter. Mariner LLC now owns 554,578 shares of the network technology company's stock worth $100,932,000 after purchasing an additional 291,219 shares in the last quarter. Finally, CreativeOne Wealth LLC raised its holdings in Palo Alto Networks by 96.1% in the 4th quarter. CreativeOne Wealth LLC now owns 19,672 shares of the network technology company's stock worth $3,580,000 after purchasing an additional 9,640 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.