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

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 Stock Performance

PANW stock traded up $1.94 on Tuesday, hitting $215.60. 8,281,989 shares of the company’s stock were exchanged, compared to its average volume of 6,752,519. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $223.61. The firm has a 50 day moving average price of $169.93 and a two-hundred day moving average price of $180.60. The stock has a market cap of $175.93 billion, a P/E ratio of 119.12, a price-to-earnings-growth ratio of 7.70 and a beta of 0.77.

Palo Alto Networks (NASDAQ:PANW) last announced its earnings results on Wednesday, February 18th. The network technology company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.09. The firm had revenue of $2.59 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 14.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.81 EPS. Sell-side analysts expect that Palo Alto Networks, Inc. will post 2.14 earnings per share for the current fiscal year.

Institutional Trading of Palo Alto Networks

A number of hedge funds have recently modified their holdings of the stock. Darwin Wealth Management LLC acquired a new stake in shares of Palo Alto Networks during the 2nd quarter worth approximately $25,000. Knuff & Co LLC purchased a new stake in Palo Alto Networks during the fourth quarter worth $26,000. Steph & Co. boosted its holdings in Palo Alto Networks by 88.2% during the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after buying an additional 67 shares in the last quarter. Sittner & Nelson LLC grew its position in Palo Alto Networks by 73.8% during the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after buying an additional 62 shares during the period. Finally, Winch Advisory Services LLC increased its holdings in Palo Alto Networks by 96.1% in the third quarter. Winch Advisory Services LLC now owns 149 shares of the network technology company’s stock valued at $30,000 after buying an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.

Insider Buying and Selling

In other news, CEO Nikesh Arora bought 68,085 shares of the stock in a transaction dated Friday, March 27th. The shares were acquired 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 directly owned 343,394 shares in the company, valued at $50,434,276.78. The trade was a 24.73% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director James J. Goetz sold 22,684 shares of the stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $164.41, for a total transaction of $3,729,476.44. Following the sale, the director directly owned 52,500 shares in the company, valued at approximately $8,631,525. The trade was a 30.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 30,356 shares of company stock valued at $4,981,575 in the last ninety days. Company insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on PANW shares. Daiwa Securities Group reduced their target price on Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating for the company in a research note on Tuesday, February 24th. Argus raised Palo Alto Networks to a “strong-buy” rating in a research report on Friday, February 20th. BTIG Research lifted their price target on Palo Alto Networks from $200.00 to $216.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Robert W. Baird set a $220.00 price target on Palo Alto Networks and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Finally, Stifel Nicolaus lowered their price target on Palo Alto Networks from $200.00 to $185.00 and set a “buy” rating for the company in a research report 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 nine have issued a Hold rating to the company. Based on data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus target price of $212.09.

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.