Representative Dan Newhouse (R-Washington) recently bought shares of Palo Alto Networks, Inc. (NASDAQ:PANW). In a filing disclosed on January 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Palo Alto Networks stock on December 11th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.
Representative Dan Newhouse also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Royal Caribbean Cruises (NYSE:RCL) on 12/31/2025.
- Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 12/31/2025.
- Purchased $1,001 – $15,000 in shares of Synopsys (NASDAQ:SNPS) on 12/31/2025.
- Sold $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 12/11/2025.
- Purchased $1,001 – $15,000 in shares of Textron (NYSE:TXT) on 12/11/2025.
- Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 12/11/2025.
Palo Alto Networks Trading Down 0.0%
NASDAQ:PANW opened at $187.66 on Monday. The business’s 50-day moving average is $191.35 and its 200 day moving average is $195.66. Palo Alto Networks, Inc. has a 12 month low of $144.15 and a 12 month high of $223.61. The company has a market capitalization of $130.80 billion, a P/E ratio of 118.77, a P/E/G ratio of 4.47 and a beta of 0.76.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on PANW. Wedbush reaffirmed an “outperform” rating and set a $225.00 price target on shares of Palo Alto Networks in a research note on Thursday, November 20th. Bank of America boosted their target price on shares of Palo Alto Networks from $215.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, October 20th. Royal Bank Of Canada increased their price target on shares of Palo Alto Networks from $232.00 to $250.00 and gave the company an “outperform” rating in a report on Wednesday, November 12th. Jefferies Financial Group reissued a “buy” rating and set a $250.00 price objective (up from $235.00) on shares of Palo Alto Networks in a research note on Tuesday, November 11th. Finally, Robert W. Baird raised their price objective on Palo Alto Networks from $230.00 to $240.00 and gave the company an “outperform” rating in a research note on Friday, November 14th. Thirty-one research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $229.09.
Read Our Latest Stock Report on Palo Alto Networks
Insider Activity at Palo Alto Networks
In related news, 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 value of $147,848.00. Following the transaction, the chief accounting officer owned 46,005 shares of the company’s stock, valued at $8,502,184.05. This represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James J. Goetz sold 12,500 shares of Palo Alto Networks stock in a transaction on Monday, December 8th. The shares were sold at an average price of $195.33, for a total value of $2,441,625.00. Following the sale, the director directly owned 75,184 shares of the company’s stock, valued at approximately $14,685,690.72. This trade represents a 14.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 382,016 shares of company stock valued at $76,386,460 over the last 90 days. 1.40% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the business. Klingman & Associates LLC grew its position in Palo Alto Networks by 2.2% in the 3rd quarter. Klingman & Associates LLC now owns 2,131 shares of the network technology company’s stock valued at $434,000 after acquiring an additional 46 shares during the last quarter. Contravisory Investment Management Inc. boosted its stake in shares of Palo Alto Networks by 1.8% during the third quarter. Contravisory Investment Management Inc. now owns 2,742 shares of the network technology company’s stock valued at $558,000 after purchasing an additional 48 shares during the period. Mattern Wealth Management LLC grew its holdings in shares of Palo Alto Networks by 2.9% in the third quarter. Mattern Wealth Management LLC now owns 1,692 shares of the network technology company’s stock worth $345,000 after purchasing an additional 48 shares during the last quarter. Astoria Portfolio Advisors LLC. increased its stake in Palo Alto Networks by 2.1% in the 2nd quarter. Astoria Portfolio Advisors LLC. now owns 2,467 shares of the network technology company’s stock worth $496,000 after buying an additional 50 shares during the period. Finally, PTM Wealth Management LLC lifted its holdings in Palo Alto Networks by 4.0% during the 3rd quarter. PTM Wealth Management LLC now owns 1,300 shares of the network technology company’s stock valued at $276,000 after buying an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 79.82% of the company’s stock.
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.
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.
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