Rep. Dan Newhouse Sells Shares of Palo Alto Networks, Inc. (NASDAQ:PANW)

Posted by Grant Hamersma on Jul 21st, 2026

Representative Dan Newhouse (Republican-Washington) recently sold shares of Palo Alto Networks, Inc. (NASDAQ:PANW). In a filing disclosed on July 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Palo Alto Networks stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
Sold $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 7/10/2026.
Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.

Palo Alto Networks Stock Down 3.0%

Shares of PANW stock traded down $10.35 on Tuesday, hitting $338.31. The stock had a trading volume of 3,870,208 shares, compared to its average volume of 9,142,956. Palo Alto Networks, Inc. has a 12-month low of $139.57 and a 12-month high of $368.80. The stock has a market cap of $275.72 billion, a price-to-earnings ratio of 276.95, a price-to-earnings-growth ratio of 13.32 and a beta of 0.91. The business has a 50 day moving average of $292.74 and a 200 day moving average of $213.62. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last announced its quarterly earnings data on Tuesday, June 2nd. The network technology company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The company had revenue of $3 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same quarter last year, the firm posted $0.37 EPS. The firm’s revenue for the quarter was up 31.1% on a year-over-year basis. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. As a group, analysts expect that Palo Alto Networks, Inc. will post 2.03 EPS for the current year.

Insider Activity

In other news, EVP Dipak Golechha sold 5,000 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $289.56, for a total value of $1,447,800.00. Following the completion of the sale, the executive vice president owned 145,250 shares in the company, valued at approximately $42,058,590. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James J. Goetz sold 20,000 shares of Palo Alto Networks stock in a transaction on Friday, June 12th. The stock was sold at an average price of $279.90, for a total value of $5,598,000.00. Following the transaction, the director directly owned 20,000 shares of the company’s stock, valued at $5,598,000. This trade represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 101,239 shares of company stock valued at $27,174,360. Insiders own 1.40% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. BNP Paribas Exane upped their price target on shares of Palo Alto Networks from $330.00 to $380.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Oppenheimer increased their target price on shares of Palo Alto Networks from $275.00 to $350.00 and gave the stock an “outperform” rating in a report on Wednesday, June 3rd. Weiss Ratings lowered Palo Alto Networks from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 4th. Needham & Company LLC upped their price objective on shares of Palo Alto Networks from $350.00 to $425.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Finally, Capital One Financial set a $421.00 price target on Palo Alto Networks and gave the stock an “overweight” rating in a research note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, forty have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Palo Alto Networks currently has an average rating of “Moderate Buy” and a consensus price target of $331.48.

View Our Latest Stock Analysis on PANW

Institutional Investors Weigh In On Palo Alto Networks

Several institutional investors have recently bought and sold shares of the company. Allied Private Wealth LLC purchased a new position in shares of Palo Alto Networks during the second quarter worth $38,000. Darwin Wealth Management LLC purchased a new position in Palo Alto Networks during the second quarter worth approximately $25,000. Knuff & Co LLC acquired a new stake in shares of Palo Alto Networks in the fourth quarter valued at $26,000. Steph & Co. grew its holdings in Palo Alto Networks by 88.2% during the 4th quarter. Steph & Co. now owns 143 shares of the network technology company’s stock worth $26,000 after acquiring an additional 67 shares in the last quarter. Finally, Sittner & Nelson LLC lifted its holdings in shares of Palo Alto Networks by 73.8% in the 4th quarter. Sittner & Nelson LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 62 shares during the last quarter. 79.82% of the stock is currently owned by institutional investors and hedge funds.

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.

About Palo Alto Networks

(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.