Rep. Josh Gottheimer Sells Off Shares of Palo Alto Networks, Inc. (NASDAQ:PANW)

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 Stock Up 1.0%

Shares of PANW stock opened at $169.19 on Wednesday. Palo Alto Networks, Inc. has a 12 month low of $139.57 and a 12 month high of $223.61. The company has a market cap of $138.06 billion, a PE ratio of 93.48, a price-to-earnings-growth ratio of 6.05 and a beta of 0.78. The business’s 50 day moving average is $169.22 and its two-hundred day moving average is $189.20.

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. The business had revenue of $2.59 billion during the quarter, compared to analysts’ expectations of $2.58 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. Palo Alto Networks’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.81 earnings per share. As a group, equities analysts expect that Palo Alto Networks, Inc. will post 1.76 EPS for the current fiscal year.

Insider Buying and Selling

In related news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $188.18, for a total value of $940,900.00. Following the transaction, the executive vice president owned 155,119 shares in the company, valued at approximately $29,190,293.42. This trade represents a 3.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James J. Goetz sold 22,684 shares of the stock in a transaction dated 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 sale, the director owned 52,500 shares in the company, valued at $8,631,525. The trade was a 30.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 149,252 shares of company stock valued at $27,888,535 over the last 90 days. 1.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have weighed in on PANW shares. Piper Sandler reissued an “overweight” rating and set a $265.00 target price (up from $230.00) on shares of Palo Alto Networks in a research report on Monday, January 5th. Wells Fargo & Company assumed coverage on Palo Alto Networks in a research report on Tuesday, March 3rd. They issued an “overweight” rating and a $200.00 price target on the stock. Deutsche Bank Aktiengesellschaft dropped their price objective on Palo Alto Networks from $240.00 to $220.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Wolfe Research boosted their price objective on Palo Alto Networks from $225.00 to $250.00 and gave the stock an “outperform” rating in a research report on Monday, December 15th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $220.00 target price on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Palo Alto Networks presently has an average rating of “Moderate Buy” and an average target price of $210.19.

Institutional Trading of Palo Alto Networks

Institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Palo Alto Networks by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock worth $12,512,533,000 after acquiring an additional 2,659,100 shares during the period. State Street Corp increased its holdings in shares of Palo Alto Networks by 2.0% during the fourth quarter. State Street Corp now owns 30,331,705 shares of the network technology company’s stock worth $5,587,100,000 after purchasing an additional 594,789 shares during the period. Bank of America Corp DE boosted its stake in shares of Palo Alto Networks by 11.9% in the fourth quarter. Bank of America Corp DE now owns 19,375,486 shares of the network technology company’s stock valued at $3,568,964,000 after buying an additional 2,065,776 shares during the period. Geode Capital Management LLC boosted its stake in shares of Palo Alto Networks by 3.5% in the fourth quarter. Geode Capital Management LLC now owns 15,989,257 shares of the network technology company’s stock valued at $2,934,935,000 after buying an additional 540,756 shares during the period. Finally, Norges Bank acquired a new stake in Palo Alto Networks during the fourth quarter worth approximately $1,415,364,000. 79.82% of the stock is currently owned by institutional investors.

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.

About Palo Alto Networks

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.