Palo Alto Networks (NASDAQ:PANW) Stock Sold Off Rep. Dan Newhouse

Representative Dan Newhouse (Republican-Washington) recently sold shares of Palo Alto Networks, Inc. (NASDAQ:PANW). In a filing disclosed on July 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Palo Alto Networks stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.

Palo Alto Networks Stock Performance

Shares of Palo Alto Networks stock traded down $12.21 during trading on Tuesday, hitting $336.45. 1,657,933 shares of the company’s stock traded hands, compared to its average volume of 9,124,414. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $368.80. The stock has a market capitalization of $274.21 billion, a P/E ratio of 275.60, a PEG ratio of 13.32 and a beta of 0.91. The business has a 50-day simple moving average of $292.74 and a 200-day simple moving average of $213.62.

Palo Alto Networks (NASDAQ:PANW) last issued its earnings results on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The business had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same quarter in the previous year, the firm earned $0.37 EPS. Palo Alto Networks’s revenue was up 31.1% on a year-over-year basis. 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. As a group, analysts forecast that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Analysts Set New Price Targets

PANW has been the subject of a number of recent research reports. Royal Bank Of Canada boosted their price target on Palo Alto Networks from $255.00 to $330.00 and gave the company an “outperform” rating in a research note on Wednesday, June 3rd. HSBC raised their price objective on shares of Palo Alto Networks from $114.00 to $207.00 in a report on Thursday, June 4th. Jefferies Financial Group set a $335.00 target price on shares of Palo Alto Networks and gave the company a “buy” rating in a report on Wednesday, June 3rd. BMO Capital Markets lifted their price target on shares of Palo Alto Networks from $270.00 to $335.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 3rd. Finally, Truist Financial boosted their price objective on shares of Palo Alto Networks from $275.00 to $375.00 and gave the company a “buy” rating in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $331.48.

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, CAO Josh D. Paul sold 900 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $345.00, for a total transaction of $310,500.00. Following the sale, the chief accounting officer owned 79,644 shares of the company’s stock, valued at approximately $27,477,180. This trade represents a 1.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Dipak Golechha sold 5,000 shares of Palo Alto Networks stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the completion of the transaction, the executive vice president owned 145,250 shares in the company, valued at $42,058,590. This represents a 3.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 101,239 shares of company stock valued at $27,174,360 over the last 90 days. Insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On Palo Alto Networks

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Trust Asset Management LLC raised its position in shares of Palo Alto Networks by 19.4% during the 2nd quarter. Trust Asset Management LLC now owns 8,639 shares of the network technology company’s stock valued at $2,946,000 after buying an additional 1,401 shares in the last quarter. Regent Peak Wealth Advisors LLC bought a new stake in shares of Palo Alto Networks in the second quarter valued at about $368,000. Annex Advisory Services LLC bought a new position in Palo Alto Networks during the 2nd quarter worth about $222,000. Whitener Capital Management Inc. boosted its stake in shares of Palo Alto Networks by 3.5% during the second quarter. Whitener Capital Management Inc. now owns 12,312 shares of the network technology company’s stock valued at $4,199,000 after purchasing an additional 415 shares in the last quarter. Finally, Tema ETFs LLC raised its stake in Palo Alto Networks by 10.3% in the second quarter. Tema ETFs LLC now owns 13,985 shares of the network technology company’s stock worth $4,769,000 after buying an additional 1,305 shares in the last quarter. 79.82% of the stock is owned by institutional investors.

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.

About Palo Alto Networks

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.