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

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Palo Alto Networks, Inc. (NASDAQ:PANW). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Palo Alto Networks stock on March 13th. 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):

  • Sold $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of StandardAero (NYSE:SARO) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Advanced Energy Industries (NASDAQ:AEIS) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 3/27/2026.
  • Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 3/27/2026.
  • Purchased $15,001 – $50,000 in shares of Fabrinet (NYSE:FN) on 3/27/2026.

Palo Alto Networks Price Performance

Shares of NASDAQ PANW opened at $173.78 on Thursday. The company has a 50 day simple moving average of $161.22 and a 200 day simple moving average of $185.23. The firm has a market cap of $141.80 billion, a PE ratio of 96.01, a price-to-earnings-growth ratio of 5.89 and a beta of 0.77. Palo Alto Networks, Inc. has a 1 year low of $139.57 and a 1 year high of $223.61.

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

Insider Buying and Selling

In other Palo Alto Networks news, EVP Dipak Golechha sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $160.42, for a total value of $802,100.00. Following the completion of the sale, the executive vice president owned 150,250 shares in the company, valued at approximately $24,103,105. The trade was a 3.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Josh D. Paul sold 1,100 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $161.40, for a total value of $177,540.00. Following the completion of the sale, the chief accounting officer owned 83,136 shares of the company’s stock, valued at $13,418,150.40. The trade was a 1.31% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 28,784 shares of company stock worth $4,709,116. Company insiders own 1.40% of the company’s stock.

Institutional Trading of Palo Alto Networks

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC boosted its stake in shares of Palo Alto Networks by 29.4% in the 3rd quarter. Exchange Traded Concepts LLC now owns 32,155 shares of the network technology company’s stock valued at $6,547,000 after purchasing an additional 7,301 shares in the last quarter. Westfield Capital Management Co. LP purchased a new stake in shares of Palo Alto Networks in the 3rd quarter valued at $75,412,000. American Century Companies Inc. lifted its position in Palo Alto Networks by 134.1% in the third quarter. American Century Companies Inc. now owns 672,129 shares of the network technology company’s stock valued at $136,859,000 after purchasing an additional 384,985 shares during the last quarter. US Bancorp DE lifted its position in Palo Alto Networks by 0.6% in the third quarter. US Bancorp DE now owns 1,364,442 shares of the network technology company’s stock valued at $277,828,000 after purchasing an additional 8,344 shares during the last quarter. Finally, Silver Oak Securities Incorporated lifted its position in Palo Alto Networks by 240.1% in the third quarter. Silver Oak Securities Incorporated now owns 11,732 shares of the network technology company’s stock valued at $2,389,000 after purchasing an additional 8,282 shares during the last quarter. Institutional investors and hedge funds own 79.82% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $220.00 price objective on shares of Palo Alto Networks in a report on Wednesday, February 18th. Citizens Jmp reiterated a “market outperform” rating and issued a $250.00 price objective on shares of Palo Alto Networks in a report on Wednesday, February 18th. Daiwa Securities Group dropped their price objective on shares of Palo Alto Networks from $212.00 to $175.00 and set an “outperform” rating for the company in a report on Tuesday, February 24th. Guggenheim reissued a “neutral” rating on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Finally, Wells Fargo & Company began coverage on shares of Palo Alto Networks in a research report on Tuesday, March 3rd. They set an “overweight” rating and a $200.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, Palo Alto Networks presently has a consensus rating of “Moderate Buy” and an average target price of $209.95.

Read Our Latest Report on Palo Alto Networks

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

(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.

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