Palo Alto Networks (NASDAQ:PANW) Shares Acquired Rep. Gilbert Ray Cisneros, Jr.

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 1.9%

Palo Alto Networks stock traded up $4.62 during mid-day trading on Friday, reaching $242.83. The company’s stock had a trading volume of 11,537,173 shares, compared to its average volume of 7,048,789. The firm has a market cap of $198.15 billion, a price-to-earnings ratio of 134.16, a PEG ratio of 8.59 and a beta of 0.77. The business has a 50 day moving average price of $174.81 and a 200-day moving average price of $181.27. Palo Alto Networks, Inc. has a twelve month low of $139.57 and a twelve month high of $245.80.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly earnings data on Wednesday, February 18th. The network technology company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.09. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The firm had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.58 billion. During the same quarter in the previous year, the company posted $0.81 earnings per share. The firm’s revenue was up 14.9% on a year-over-year basis. On average, equities analysts expect that Palo Alto Networks, Inc. will post 2.14 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on PANW. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. BTIG Research lifted their price objective on shares of Palo Alto Networks from $200.00 to $216.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Rosenblatt Securities restated a “buy” rating and set a $225.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Citizens Jmp restated a “market outperform” rating and set a $250.00 price objective on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Finally, Guggenheim restated a “neutral” rating on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Palo Alto Networks currently has an average rating of “Moderate Buy” and a consensus price target of $214.98.

More Palo Alto Networks News

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Oppenheimer raised its price target on Palo Alto Networks to $275 from $245 and reiterated an Outperform rating, signaling confidence that the stock can keep moving higher. Oppenheimer Hikes Palo Alto Networks Price Target to $275: CyberArk Becomes Idira, Identity Security Just Got Real
• Positive Sentiment: Royal Bank of Canada lifted its target to $255 from $220 and kept an Outperform rating, while Robert W. Baird also boosted its target to $265, reinforcing the bullish analyst tone around PANW. RBC raises price target on Palo Alto Networks to 255 from 220, keeps outperform rating
• Positive Sentiment: Jefferies raised its price target to $265 from $215 and highlighted Palo Alto’s identity-security push after CyberArk’s IMPACT26 conference, arguing that AI-driven threats are forcing more enterprise spending on automated security tools. Jefferies Hikes Palo Alto Networks Price Target to 265: AI Is Compressing Attack Timelines
• Positive Sentiment: Jefferies and other commentary point to Palo Alto’s new “Idira” platform, which could broaden the company’s identity-security offering and create a new growth engine beyond its core cybersecurity business. Palo Alto advances AI-driven identity strategy with Idira launch, shares gain
• Neutral Sentiment: Zacks noted that PANW is drawing unusual investor attention, but the piece was mainly a watchlist-style overview rather than a fresh catalyst. Is Most-Watched Stock Palo Alto Networks, Inc. (PANW) Worth Betting on Now?

Institutional Investors Weigh In On Palo Alto Networks

Several hedge funds and other institutional investors have recently bought and sold shares of PANW. Westfield Capital Management Co. LP bought a new stake in shares of Palo Alto Networks in the 3rd quarter valued at approximately $75,412,000. American Century Companies Inc. grew its stake in shares of Palo Alto Networks by 134.1% in the 3rd quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock valued at $136,859,000 after buying an additional 384,985 shares in the last quarter. US Bancorp DE grew its stake in shares of Palo Alto Networks by 0.6% in the 3rd quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock valued at $277,828,000 after buying an additional 8,344 shares in the last quarter. Generali Investments Management Co LLC grew its stake in shares of Palo Alto Networks by 38.4% in the 3rd quarter. Generali Investments Management Co LLC now owns 54,401 shares of the network technology company’s stock valued at $11,077,000 after buying an additional 15,091 shares in the last quarter. Finally, Oak Thistle LLC bought a new stake in shares of Palo Alto Networks in the 4th quarter valued at approximately $1,554,000. 79.82% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CAO Josh D. Paul sold 1,100 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $161.40, for a total value of $177,540.00. Following the completion of the sale, the chief accounting officer owned 83,136 shares of the company’s stock, valued at approximately $13,418,150.40. The trade was a 1.31% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Nikesh Arora purchased 68,085 shares of the stock in a transaction that occurred on Friday, March 27th. The stock was purchased at an average cost of $146.87 per share, with a total value of $9,999,643.95. Following the purchase, the chief executive officer owned 343,394 shares in the company, valued at $50,434,276.78. This represents a 24.73% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold a total of 30,356 shares of company stock worth $4,981,575 in the last quarter. Corporate 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.