Palo Alto Networks (NASDAQ:PANW) Shares Unloaded Rep. Jonathan L. Jackson

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Palo Alto Networks, Inc. (NASDAQ:PANW). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $50,001 and $100,000 in Palo Alto Networks stock on February 5th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $50,001 – $100,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 2/11/2026.
• Purchased $1,001 – $15,000 in shares of Welltower (NYSE:WELL) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/11/2026.
• Purchased $50,001 – $100,000 in shares of Citigroup (NYSE:C) on 2/5/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/5/2026.

Palo Alto Networks Price Performance

PANW traded down $3.99 during midday trading on Wednesday, reaching $153.22. 6,334,385 shares of the company’s stock traded hands, compared to its average volume of 10,633,878. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $223.61. The firm has a fifty day moving average of $166.60 and a two-hundred day moving average of $188.24. The stock has a market capitalization of $125.03 billion, a price-to-earnings ratio of 84.65, a P/E/G ratio of 5.92 and a beta of 0.78.

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

Insider Buying and Selling at Palo Alto Networks

In other Palo Alto Networks news, EVP Lee Klarich sold 120,768 shares of the firm’s stock in a transaction dated 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 completion of the sale, the executive vice president directly owned 298,887 shares in the company, valued at approximately $57,096,383.61. This trade represents a 28.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James J. Goetz sold 22,684 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the director owned 52,500 shares in the company, valued at approximately $8,631,525. This represents a 30.17% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 144,252 shares of company stock worth $26,947,635. 1.40% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Palo Alto Networks

Hedge funds have recently bought and sold shares of the business. Darwin Wealth Management LLC purchased a new stake in shares of Palo Alto Networks in the 2nd quarter worth approximately $25,000. Steph & Co. raised its stake in Palo Alto Networks by 88.2% during the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock valued at $26,000 after buying an additional 67 shares during the last quarter. Knuff & Co LLC purchased a new position in shares of Palo Alto Networks in the 4th quarter worth about $26,000. Sittner & Nelson LLC raised its position 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 worth $27,000 after purchasing an additional 62 shares during the last quarter. Finally, Luken Investment Analytics LLC boosted its stake in Palo Alto Networks by 196.2% in 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 in the last quarter. Institutional investors own 79.82% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. New Street Research cut their price target on shares of Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating on the stock in a report on Thursday, February 19th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating for the company in a report on Wednesday, February 18th. Citigroup reiterated a “buy” rating and set a $210.00 price target (down from $235.00) on shares of Palo Alto Networks in a research report on Thursday, February 19th. HSBC lowered their price objective on shares of Palo Alto Networks from $157.00 to $114.00 in a report on Thursday, February 19th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $220.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $210.19.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

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.