Rep. Josh Gottheimer Sells Palo Alto Networks, Inc. (NASDAQ:PANW) Stock

Posted by Alanna Baker on Mar 22nd, 2026

Representative Josh Gottheimer (Democratic-New Jersey) recently sold shares of Palo Alto Networks, Inc. (NASDAQ:PANW). In a filing disclosed on March 16th, the Representative disclosed that they had sold between $1,001 and $15,000 in Palo Alto Networks stock on February 27th. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

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

Purchased $1,001 – $15,000 in shares of Infineon Technologies (OTCMKTS:IFNNY) on 2/27/2026.
Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 2/26/2026.
Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 1/30/2026.
Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 1/30/2026.
Purchased $1,001 – $15,000 in shares of Gilead Sciences (NASDAQ:GILD) on 1/27/2026.
Sold $1,001 – $15,000 in shares of Schneider National (NYSE:SNDR) on 1/26/2026.
Purchased $1,001 – $15,000 in shares of Intercontinental Exchange (NYSE:ICE) on 1/26/2026.
Sold $1,001 – $15,000 in shares of Nestle (OTCMKTS:NSRGY) on 1/26/2026.
Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 12/17/2025.

Palo Alto Networks Price Performance

PANW stock traded down $6.79 during trading on Friday, hitting $162.95. 16,441,470 shares of the company traded hands, compared to its average volume of 10,364,629. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $223.61. The company has a market cap of $132.97 billion, a PE ratio of 90.03, a P/E/G ratio of 5.88 and a beta of 0.78. The stock’s 50-day simple moving average is $167.77 and its 200 day simple moving average is $188.72.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The network technology company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.94 by $0.09. The business had revenue of $2.59 billion for the quarter, compared to analyst estimates of $2.58 billion. Palo Alto Networks had a return on equity of 17.60% and a net margin of 12.96%.The business’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.81 EPS. Research analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current year.

Institutional Investors Weigh In On Palo Alto Networks

Large investors have recently bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in Palo Alto Networks in the second quarter valued at approximately $25,000. Steph & Co. raised its position in Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after purchasing an additional 67 shares during the period. Knuff & Co LLC purchased a new stake in Palo Alto Networks in the fourth quarter valued at $26,000. Sittner & Nelson LLC lifted its stake in shares of Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 62 shares during the last quarter. Finally, Luken Investment Analytics LLC grew its holdings in shares of Palo Alto Networks by 196.2% during the 4th quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after purchasing an additional 102 shares during the period. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, EVP Lee Klarich sold 120,768 shares of the company’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $191.03, for a total transaction of $23,070,311.04. Following the sale, the executive vice president directly owned 298,887 shares of the company’s stock, valued at $57,096,383.61. This represents a 28.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Josh D. Paul sold 800 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $184.81, for a total transaction of $147,848.00. Following the sale, the chief accounting officer owned 46,005 shares in the company, valued at approximately $8,502,184.05. This trade represents a 1.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 149,252 shares of company stock valued at $27,888,535 over the last 90 days. Company insiders own 1.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Rosenblatt Securities restated a “buy” rating and set a $225.00 price target on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Robert W. Baird set a $220.00 price objective on shares of Palo Alto Networks and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Susquehanna lowered their target price on shares of Palo Alto Networks from $230.00 to $200.00 and set a “positive” rating on the stock in a research note on Wednesday, February 18th. Royal Bank Of Canada restated an “outperform” rating and issued a $220.00 price target on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Palo Alto Networks in a report on Wednesday, February 18th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and a consensus target price of $210.19.

View Our Latest Stock Report on Palo Alto Networks

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.