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

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

Shares of NASDAQ:PANW traded up $1.94 during midday trading on Tuesday, hitting $215.60. 8,281,989 shares of the stock were exchanged, compared to its average volume of 9,548,937. The stock has a market capitalization of $175.93 billion, a price-to-earnings ratio of 119.12, a P/E/G ratio of 7.49 and a beta of 0.77. The business’s 50-day moving average price is $168.60 and its 200 day moving average price is $180.57. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last released its quarterly 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 company had revenue of $2.59 billion for the quarter, compared to analysts’ expectations 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 period in the previous year, the business posted $0.81 earnings per share. As a group, sell-side analysts expect that Palo Alto Networks, Inc. will post 2.14 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on PANW shares. Guggenheim reissued a “neutral” rating on shares of Palo Alto Networks in a research note on Wednesday, February 18th. BTIG Research boosted their price objective on Palo Alto Networks from $200.00 to $216.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Barclays restated an “overweight” rating and set a $220.00 price objective (up from $200.00) on shares of Palo Alto Networks in a report on Monday. Loop Capital decreased their price objective on Palo Alto Networks from $190.00 to $160.00 and set a “hold” rating for the company in a report on Wednesday, February 18th. Finally, Wedbush restated an “outperform” rating and set a $225.00 price objective 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-six have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Palo Alto Networks presently has an average rating of “Moderate Buy” and a consensus target price of $212.09.

Insider Buying and Selling at Palo Alto Networks

In related news, Director John P. Key sold 1,572 shares of the company’s stock in a transaction on Wednesday, April 8th. The stock was sold at an average price of $173.32, for a total transaction of $272,459.04. Following the completion of the sale, the director owned 20,000 shares in the company, valued at approximately $3,466,400. This represents a 7.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Josh D. Paul sold 1,100 shares of the company’s stock in a transaction 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 transaction, the chief accounting officer owned 83,136 shares of the company’s stock, valued at $13,418,150.40. This trade represents a 1.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 30,356 shares of company stock valued at $4,981,575 in the last three months. Insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On Palo Alto Networks

Hedge funds and other institutional investors have recently modified their holdings of the company. Brighton Jones LLC grew its holdings in Palo Alto Networks by 147.7% during the fourth quarter. Brighton Jones LLC now owns 6,761 shares of the network technology company’s stock worth $1,230,000 after buying an additional 4,031 shares in the last quarter. Bison Wealth LLC grew its holdings in Palo Alto Networks by 169.1% during the fourth quarter. Bison Wealth LLC now owns 5,212 shares of the network technology company’s stock worth $948,000 after buying an additional 3,275 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in Palo Alto Networks by 66.3% during the second quarter. Sivia Capital Partners LLC now owns 3,484 shares of the network technology company’s stock worth $713,000 after buying an additional 1,389 shares in the last quarter. Osterweis Capital Management Inc. grew its holdings in Palo Alto Networks by 11,100.0% during the second quarter. Osterweis Capital Management Inc. now owns 560 shares of the network technology company’s stock worth $115,000 after buying an additional 555 shares in the last quarter. Finally, Main Street Financial Solutions LLC grew its holdings in Palo Alto Networks by 6.0% during the second quarter. Main Street Financial Solutions LLC now owns 4,398 shares of the network technology company’s stock worth $900,000 after buying an additional 249 shares in the last quarter. Institutional investors own 79.82% of the company’s stock.

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.