Representative Dan Newhouse (R-Washington) recently bought shares of Palo Alto Networks, Inc. (NASDAQ:PANW). In a filing disclosed on January 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Palo Alto Networks stock on December 11th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.
Representative Dan Newhouse also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Royal Caribbean Cruises (NYSE:RCL) on 12/31/2025.
- Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 12/31/2025.
- Purchased $1,001 – $15,000 in shares of Synopsys (NASDAQ:SNPS) on 12/31/2025.
- Sold $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of Textron (NYSE:TXT) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 12/11/2025.
Palo Alto Networks Stock Down 0.0%
Shares of NASDAQ PANW traded down $0.07 during midday trading on Monday, reaching $187.66. The company had a trading volume of 7,050,520 shares, compared to its average volume of 5,061,714. The stock has a market cap of $130.80 billion, a PE ratio of 118.77, a price-to-earnings-growth ratio of 4.47 and a beta of 0.76. Palo Alto Networks, Inc. has a one year low of $144.15 and a one year high of $223.61. The firm’s fifty day moving average price is $191.35 and its 200-day moving average price is $195.66.
Institutional Trading of Palo Alto Networks
A number of institutional investors have recently made changes to their positions in PANW. Exchange Traded Concepts LLC raised its position in Palo Alto Networks by 29.4% in the third quarter. Exchange Traded Concepts LLC now owns 32,155 shares of the network technology company’s stock valued at $6,547,000 after purchasing an additional 7,301 shares during the period. Silver Oak Securities Incorporated grew its holdings in shares of Palo Alto Networks by 240.1% during the third quarter. Silver Oak Securities Incorporated now owns 11,732 shares of the network technology company’s stock valued at $2,389,000 after purchasing an additional 8,282 shares during the last quarter. GoalVest Advisory LLC raised its position in shares of Palo Alto Networks by 1,248.9% during the 3rd quarter. GoalVest Advisory LLC now owns 10,899 shares of the network technology company’s stock worth $2,219,000 after purchasing an additional 10,091 shares during the period. Schroder Investment Management Group lifted its holdings in shares of Palo Alto Networks by 7.9% in the 2nd quarter. Schroder Investment Management Group now owns 2,234,551 shares of the network technology company’s stock worth $457,279,000 after purchasing an additional 163,718 shares during the last quarter. Finally, Richmond Investment Services LLC lifted its holdings in shares of Palo Alto Networks by 87.2% in the 2nd quarter. Richmond Investment Services LLC now owns 3,286 shares of the network technology company’s stock worth $672,000 after purchasing an additional 1,531 shares during the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.
Insider Buying and Selling
In related news, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction dated Tuesday, December 23rd. The shares were sold at an average price of $188.18, for a total value of $940,900.00. Following the sale, the executive vice president directly owned 155,119 shares in the company, valued at $29,190,293.42. This trade represents a 3.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director James J. Goetz sold 12,500 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $195.33, for a total transaction of $2,441,625.00. Following the completion of the sale, the director owned 75,184 shares in the company, valued at $14,685,690.72. The trade was a 14.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 382,016 shares of company stock valued at $76,386,460 in the last 90 days. Corporate insiders own 1.40% of the company’s stock.
Wall Street Analysts Forecast Growth
PANW has been the topic of several research reports. Westpark Capital reissued a “hold” rating on shares of Palo Alto Networks in a research note on Thursday, November 20th. Citigroup reissued a “buy” rating on shares of Palo Alto Networks in a research report on Monday, January 12th. Mizuho set a $220.00 price target on Palo Alto Networks in a research note on Tuesday, December 16th. Jefferies Financial Group reiterated a “buy” rating and set a $250.00 price objective (up previously from $235.00) on shares of Palo Alto Networks in a research note on Tuesday, November 11th. Finally, JMP Securities raised their price target on Palo Alto Networks from $212.00 to $250.00 and gave the company a “market outperform” rating in a report on Monday, October 27th. Thirty-one research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average target price of $229.09.
Check Out Our Latest Research Report on Palo Alto Networks
About Representative Newhouse
Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.
Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.
Click here to see Newhouse’s key votes in Congress.
Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.
Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.
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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