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

Posted by Casey Walker on Mar 26th, 2026

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 Price Performance

Shares of NASDAQ PANW traded down $3.99 during trading on Wednesday, reaching $153.22. 6,340,070 shares of the stock traded hands, compared to its average volume of 10,633,974. The company has a 50-day moving average of $166.60 and a 200-day moving average of $188.24. Palo Alto Networks, Inc. has a 52-week low of $139.57 and a 52-week high of $223.61. The stock has a market capitalization of $125.03 billion, a P/E ratio of 84.65, a price-to-earnings-growth ratio of 5.92 and a beta of 0.78.

Palo Alto Networks (NASDAQ:PANW – Get Free Report) last issued its earnings results 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 firm had revenue of $2.59 billion during the quarter, compared to analyst estimates of $2.58 billion. Palo Alto Networks had a net margin of 12.96% and a return on equity of 17.60%. The company’s quarterly revenue was up 14.9% on a year-over-year basis. During the same quarter last year, the business earned $0.81 earnings per share. Analysts expect that Palo Alto Networks, Inc. will post 1.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

PANW has been the subject of several research reports. Wells Fargo & Company initiated coverage on Palo Alto Networks in a research note on Tuesday, March 3rd. They issued an “overweight” rating and a $200.00 target price for the company. BMO Capital Markets reduced their target price on Palo Alto Networks from $230.00 to $200.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Citigroup restated a “buy” rating and set a $210.00 target price (down from $235.00) on shares of Palo Alto Networks in a report on Thursday, February 19th. BTIG Research reaffirmed a “buy” rating and issued a $200.00 target price on shares of Palo Alto Networks in a research report on Wednesday, February 18th. Finally, Citizens Jmp reiterated a “market outperform” rating and issued a $250.00 target price on shares of Palo Alto Networks in a research note on Wednesday, February 18th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Palo Alto Networks has a consensus rating of “Moderate Buy” and an average price target of $210.19.

View Our Latest Analysis on PANW

Key Palo Alto Networks News

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, reinforcing its platform strategy and offering a clear enterprise upsell path that could deepen customer relationships and increase lifetime value. Prisma AIRS 3.0 press release
Positive Sentiment: Prisma Browser / SASE momentum — Analyst coverage highlights rising Prisma Browser adoption as a driver for PANW’s SASE growth, supporting recurring-software revenue and platform consolidation trends. Can Prisma Browser Adoption Accelerate PANW’s SASE Growth?
Positive Sentiment: Sector tailwind from autonomous security — Industry write-ups position PANW as a frontline beneficiary of the shift to AI-driven, autonomous security, validating demand durability for its integrated platform (a structural growth thesis for investors). Autonomous Security and the New AI Arms Race
Neutral Sentiment: Analyst stance — Freedom Capital Markets reiterated a Buy rating while trimming its price target (from $230 to $210), which supports the growth narrative but signals moderated near-term upside from prior targets. Palo Alto (PANW) Buy Rating Backed by Strong Cybersecurity Demand
Neutral Sentiment: Short-interest reports flagged a “large increase” in March but contain apparent data errors (zeros/NaN). Current published short-interest metrics are unreliable and shouldn’t be over-interpreted until corrected by exchanges. (No reliable link available.)
Negative Sentiment: Near-term selling / valuation pressure — Market commentaries call out PANW’s intra-day decline amid broader market gains, suggesting profit-taking and rotation away from richly valued cybersecurity names (PANW’s high P/E and recent pullback below short-term moving averages are likely contributors). Palo Alto Networks (PANW) Stock Drops Despite Market Gains

Insider Activity at Palo Alto Networks

In other Palo Alto Networks news, CAO Josh D. Paul sold 800 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $184.81, for a total value of $147,848.00. Following the completion of the transaction, the chief accounting officer owned 46,005 shares in the company, valued at approximately $8,502,184.05. This represents a 1.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Lee Klarich sold 120,768 shares of the stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $191.03, for a total transaction of $23,070,311.04. Following the sale, the executive vice president directly owned 298,887 shares in the company, valued at approximately $57,096,383.61. The trade was a 28.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 144,252 shares of company stock worth $26,947,635. 1.40% of the stock is owned by company insiders.

Institutional Investors Weigh In On Palo Alto Networks

A number of hedge funds have recently made changes to their positions in PANW. Stance Capital LLC boosted its position in Palo Alto Networks by 7.2% in the 4th quarter. Stance Capital LLC now owns 7,340 shares of the network technology company’s stock worth $1,352,000 after purchasing an additional 494 shares in the last quarter. Cornerstone Planning LLC purchased a new position in shares of Palo Alto Networks during the 4th quarter valued at approximately $2,766,000. Rockefeller Capital Management L.P. lifted its stake in shares of Palo Alto Networks by 3.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 982,633 shares of the network technology company’s stock valued at $181,001,000 after purchasing an additional 37,083 shares during the period. World Investment Advisors lifted its stake in shares of Palo Alto Networks by 17.8% in the 4th quarter. World Investment Advisors now owns 26,959 shares of the network technology company’s stock valued at $4,966,000 after purchasing an additional 4,082 shares during the period. Finally, Farmers National Bank purchased a new stake in Palo Alto Networks during the fourth quarter worth $229,000. 79.82% of the stock is currently owned by hedge funds and other institutional investors.

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.

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.