Rep. Jonathan L. Jackson Sells Palo Alto Networks, Inc. (NASDAQ:PANW) Shares

Representative Jonathan L. Jackson (Democratic-Illinois) recently sold shares of Palo Alto Networks, Inc. (NASDAQ:PANW). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $50,001 and $100,000 in Palo Alto Networks stock on February 5th. The trade occurred in the Representative’s “MORGAN STANLEY TRUST ACCOUNT” account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Purchased $50,001 – $100,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Purchased $1,001 – $15,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/17/2026.
• Sold $50,001 – $100,000 in shares of International Business Machines (NYSE:IBM) on 2/17/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/11/2026.
• Purchased $1,001 – $15,000 in shares of Welltower (NYSE:WELL) on 2/11/2026.
• Sold $1,001 – $15,000 in shares of Tenet Healthcare (NYSE:THC) on 2/11/2026.
• Purchased $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 2/11/2026.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/5/2026.
• Purchased $50,001 – $100,000 in shares of Citigroup (NYSE:C) on 2/5/2026.

Palo Alto Networks Trading Down 2.5%

NASDAQ PANW traded down $3.99 during trading hours on Wednesday, reaching $153.22. The company had a trading volume of 6,340,070 shares, compared to its average volume of 8,384,915. The stock has a market capitalization of $125.03 billion, a P/E ratio of 84.65, a price-to-earnings-growth ratio of 5.67 and a beta of 0.78. The stock has a 50-day moving average of $165.85 and a 200 day moving average of $188.00. Palo Alto Networks, Inc. has a 1-year low of $139.57 and a 1-year high of $223.61.

Palo Alto Networks (NASDAQ:PANW) last announced its quarterly earnings results on Wednesday, February 18th. The network technology company reported $1.03 earnings per share 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 analysts’ expectations of $2.58 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The business’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same period last year, the business earned $0.81 earnings per share. As a group, sell-side analysts predict that Palo Alto Networks, Inc. will post 1.76 EPS for the current year.

Palo Alto Networks News Roundup

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Prisma AIRS 3.0 launch — Palo Alto rolled out Prisma AIRS 3.0 to secure autonomous AI agents, strengthening its position in AI-native security and widening its platform coverage (helps deepen customer relationships and supports higher recurring revenue). Palo Alto Networks blog: Prisma AIRS 3.0
• Positive Sentiment: Prisma Browser / SASE adoption — Analyst commentary highlights Prisma Browser as a growth engine for PANW’s SASE strategy as enterprises look for integrated security for users, apps and cloud — a tailwind for subscription and platform expansion. Zacks: Prisma Browser and SASE growth
• Positive Sentiment: Analyst Buy rating remains — Freedom Capital Markets reiterated a Buy on PANW after strong Q2 results, signaling continued institutional conviction even as it trimmed its price target. Yahoo / Finance: Buy rating
• Neutral Sentiment: Industry narrative supports long-term demand — Market commentary frames autonomous security as a durable spending cycle benefiting incumbents like PANW; this is a strategic positive but not an immediate price catalyst on its own.
• Neutral Sentiment: Short-interest reporting anomalies — Multiple data feeds flagged a “large increase” in March short interest but show 0 shares / NaN changes, indicating unreliable or erroneous data; ambiguous near-term impact until clarified by exchanges or the data provider.
• Negative Sentiment: Near-term selling pressure — Coverage noting the stock dropped despite broader market gains points to profit-taking, valuation concerns and short-term technical weakness that are pressuring the share price today. Zacks: Stock drops despite market gains

Wall Street Analysts Forecast Growth

PANW has been the subject of several research reports. Loop Capital dropped their target price on shares of Palo Alto Networks from $190.00 to $160.00 and set a “hold” rating for the company in a report on Wednesday, February 18th. The Goldman Sachs Group decreased their price target on Palo Alto Networks from $240.00 to $224.00 and set a “buy” rating on the stock in a research note on Wednesday, February 18th. Piper Sandler reaffirmed an “overweight” rating and issued a $265.00 price objective (up from $230.00) on shares of Palo Alto Networks in a research note on Monday, January 5th. Sanford C. Bernstein set a $209.00 price objective on Palo Alto Networks and gave the company an “outperform” rating in a report on Wednesday, February 18th. Finally, Citigroup reissued a “buy” rating and set a $210.00 target price (down from $235.00) on shares of Palo Alto Networks in a research note on Thursday, February 19th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $210.19.

Hedge Funds Weigh In On Palo Alto Networks

Institutional investors have recently modified their holdings of the business. Norges Bank purchased a new position in shares of Palo Alto Networks in the 4th quarter valued at about $1,415,364,000. Vanguard Group Inc. lifted its stake 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 purchasing an additional 2,659,100 shares during the last quarter. Bank of America Corp DE boosted its holdings in 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 purchasing an additional 2,065,776 shares in the last quarter. ABN AMRO Bank N.V. acquired a new position in Palo Alto Networks in the second quarter valued at approximately $340,883,000. Finally, Employees Provident Fund Board purchased a new position in Palo Alto Networks in the fourth quarter valued at approximately $281,542,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

Insiders Place Their Bets

In other Palo Alto Networks news, EVP Lee Klarich sold 120,768 shares of the firm’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $191.03, for a total transaction of $23,070,311.04. Following the sale, the executive vice president owned 298,887 shares of the company’s stock, valued at approximately $57,096,383.61. This trade represents a 28.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James J. Goetz sold 22,684 shares of the business’s stock in a transaction that occurred on 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 of the company’s stock, valued at $8,631,525. This represents a 30.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 144,252 shares of company stock valued at $26,947,635. 1.40% of the stock is owned by corporate insiders.

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois’ 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois’ 1st Congressional District. He declared candidacy for the 2026 election.

Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson’s career experience includes working as an investment analyst and an entrepreneur.

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.