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

09 Apr 2026, 23:08 by Scott Moore · The Cerbat Gem

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 Trading Down 3.9%

Shares of PANW traded down $6.79 during midday trading on Thursday, hitting $166.99. The stock had a trading volume of 10,577,096 shares, compared to its average volume of 7,522,266. Palo Alto Networks, Inc. has a fifty-two week low of $139.57 and a fifty-two week high of $223.61. The business has a 50-day simple moving average of $161.03 and a two-hundred day simple moving average of $185.10. The firm has a market cap of $136.26 billion, a P/E ratio of 92.26, a price-to-earnings-growth ratio of 6.27 and a beta of 0.77.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last announced its earnings results on Wednesday, February 18th. The network technology company reported $1.03 EPS for the quarter, topping the consensus estimate of $0.94 by $0.09. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The company had revenue of $2.59 billion during the quarter, compared to analysts’ expectations of $2.58 billion. During the same period last year, the company posted $0.81 earnings per share. The business’s revenue for the quarter was up 14.9% on a year-over-year basis. On average, analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Palo Alto Networks

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Darwin Wealth Management LLC acquired a new stake in shares of Palo Alto Networks in the second quarter worth $25,000. Steph & Co. grew its stake in shares of Palo Alto Networks by 88.2% in the fourth quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after acquiring an additional 67 shares during the last quarter. Knuff & Co LLC acquired a new stake in shares of Palo Alto Networks in the fourth quarter worth $26,000. Sittner & Nelson LLC grew its stake in shares of Palo Alto Networks by 73.8% in the fourth quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock worth $27,000 after acquiring an additional 62 shares during the last quarter. Finally, Luken Investment Analytics LLC grew its stake in shares of Palo Alto Networks by 196.2% in the fourth quarter. Luken Investment Analytics LLC now owns 154 shares of the network technology company’s stock worth $28,000 after acquiring an additional 102 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

Insider Activity at Palo Alto Networks

In other news, CAO Josh D. Paul sold 1,100 shares of the firm’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 sale, the chief accounting officer owned 83,136 shares in the company, valued at approximately $13,418,150.40. This trade represents a 1.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Nikesh Arora purchased 68,085 shares of the firm’s stock in a transaction on Friday, March 27th. The shares were acquired at an average price of $146.87 per share, for a total transaction of $9,999,643.95. Following the purchase, the chief executive officer directly owned 343,394 shares of the company’s stock, valued at approximately $50,434,276.78. This represents a 24.73% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have sold 28,784 shares of company stock worth $4,709,116. Insiders own 1.40% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on PANW shares. Mizuho set a $200.00 price target on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Robert W. Baird set a $220.00 price target on shares of Palo Alto Networks and gave the stock an “outperform” rating in a research report on Wednesday, February 18th. Susquehanna cut their price objective on shares of Palo Alto Networks from $230.00 to $200.00 and set a “positive” rating on the stock in a research report on Wednesday, February 18th. Arete Research raised shares of Palo Alto Networks from a “sell” rating to a “buy” rating and set a $185.00 price objective on the stock in a research report on Tuesday, March 3rd. Finally, Wedbush reaffirmed an “outperform” rating and set a $225.00 price objective on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $209.95.

Check Out Our Latest Research 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.