Palo Alto Networks (NASDAQ:PANW) Stock Acquired Rep. Josh Gottheimer

Posted by Micah Haroldson on Jun 5th, 2026

Representative Josh Gottheimer (Democratic-New Jersey) recently bought shares of Palo Alto Networks, Inc. (NASDAQ:PANW). In a filing disclosed on June 03rd, the Representative disclosed that they had bought between $1,001 and $15,000 in Palo Alto Networks stock on May 14th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 5/27/2026.
Purchased $1,001 – $15,000 in shares of Lumentum (NASDAQ:LITE) on 5/22/2026.
Sold $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 5/22/2026.
Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 5/21/2026.
Purchased $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 5/19/2026.
Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 5/15/2026.
Sold $1,001 – $15,000 in shares of Nestle (OTCMKTS:NSRGY) on 5/14/2026.
Purchased $1,001 – $15,000 in shares of Sandisk (NASDAQ:SNDK) on 5/7/2026.
Sold $1,001 – $15,000 in shares of Nestle (OTCMKTS:NSRGY) on 5/5/2026.
Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 5/5/2026.

Palo Alto Networks Trading Down 0.4%

Shares of NASDAQ PANW opened at $279.25 on Friday. The firm’s 50 day moving average price is $202.65 and its 200-day moving average price is $185.98. The company has a market cap of $227.87 billion, a PE ratio of 228.89, a P/E/G ratio of 10.07 and a beta of 0.94. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $302.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.04 and a current ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last announced its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a net margin of 7.95% and a return on equity of 10.53%. The company had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter last year, the firm earned $0.37 earnings per share. The firm’s quarterly revenue was up 31.1% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. On average, equities research analysts expect that Palo Alto Networks, Inc. will post 2.15 EPS for the current fiscal year.

Institutional Trading of Palo Alto Networks

Several large investors have recently modified their holdings of the company. First Nebraska Trust Co purchased a new stake in Palo Alto Networks during the first quarter valued at $534,000. Foguth Wealth Management LLC. purchased a new position in Palo Alto Networks in the first quarter worth about $168,000. Financial Solutions Advisory Group Inc. bought a new stake in shares of Palo Alto Networks during the 1st quarter valued at about $296,000. Integrated Investment Consultants LLC increased its position in shares of Palo Alto Networks by 4.8% during the 1st quarter. Integrated Investment Consultants LLC now owns 2,188 shares of the network technology company’s stock valued at $351,000 after purchasing an additional 100 shares during the last quarter. Finally, Blue Fin Capital Inc. increased its position in shares of Palo Alto Networks by 11.2% during the 1st quarter. Blue Fin Capital Inc. now owns 2,536 shares of the network technology company’s stock valued at $407,000 after purchasing an additional 255 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Key Stories Impacting Palo Alto Networks

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

Positive Sentiment: Palo Alto Networks beat fiscal Q3 expectations, with revenue of $3.0 billion and EPS of $0.85, and management raised full-year and Q4 guidance, reinforcing the view that AI-related cybersecurity demand is accelerating. Article Title
Positive Sentiment: Wall Street analyst sentiment turned more bullish, with multiple firms raising price targets sharply and several upgrading the stock, which can support PANW’s valuation and sentiment in the near term. Article Title
Positive Sentiment: Citigroup, Wedbush, Deutsche Bank, Morgan Stanley, Berenberg, Truist, Rosenblatt, Oppenheimer, RBC, Mizuho and others all lifted targets into a much higher range, signaling confidence that the post-earnings growth story remains intact. Article Title
Positive Sentiment: FBN Securities upgraded Palo Alto Networks to “strong-buy,” adding another constructive catalyst for the stock after the earnings report. Article Title
Neutral Sentiment: Some commentary suggests the stock may have run ahead of itself after a strong rally, and a few articles note that investors are pausing to assess whether the AI-security growth can justify the valuation. Article Title
Neutral Sentiment: An insider sale by the chief accounting officer may create a small headline overhang, but the transaction appears limited relative to the company’s recent surge. Article Title
Negative Sentiment: Broader weakness in cybersecurity peers, including CrowdStrike’s post-earnings drop, may be weighing on sentiment across the group and helping explain some near-term pressure in PANW. Article Title

Insider Transactions at Palo Alto Networks

In related news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $160.42, for a total value of $802,100.00. Following the transaction, the executive vice president owned 150,250 shares of the company’s stock, valued at approximately $24,103,105. This trade represents a 3.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Nikesh Arora bought 68,085 shares of the business’s stock in a transaction that occurred on Friday, March 27th. The shares were acquired at an average price of $146.87 per share, with a total value of $9,999,643.95. Following the completion of the transaction, the chief executive officer directly owned 343,394 shares of the company’s stock, valued at $50,434,276.78. This trade represents a 24.73% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have sold 72,076 shares of company stock worth $17,930,587. 1.40% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have commented on the company. UBS Group set a $300.00 target price on Palo Alto Networks and gave the company a “neutral” rating in a research note on Wednesday. Stifel Nicolaus set a $340.00 price target on Palo Alto Networks in a report on Wednesday. Piper Sandler reaffirmed an “overweight” rating and set a $345.00 price objective (up from $265.00) on shares of Palo Alto Networks in a research report on Wednesday. Truist Financial lifted their price objective on Palo Alto Networks from $275.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Robert W. Baird set a $320.00 target price on Palo Alto Networks in a research report on Wednesday. Two analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, eight have assigned a Hold rating and one has 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 $306.29.

Check Out Our Latest Report on PANW

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Palo Alto Networks Company Profile

(Get Free Report)

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.