Rep. Marjorie Taylor Greene Buys Palo Alto Networks, Inc. (NASDAQ:PANW) Shares

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Palo Alto Networks, Inc. (NASDAQ:PANW). In a filing disclosed on January 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Palo Alto Networks stock on January 8th. The trade occurred in the Representative’s “DG TRUST” account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Old Dominion Freight Line (NASDAQ:ODFL) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Devon Energy (NYSE:DVN) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Kinder Morgan (NYSE:KMI) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 1/21/2025.
• Purchased $1,001 – $15,000 in shares of Cardinal Health (NYSE:CAH) on 1/21/2025.

Palo Alto Networks Stock Performance

Shares of NASDAQ PANW opened at $185.42 on Thursday. Palo Alto Networks, Inc. has a 52-week low of $130.04 and a 52-week high of $207.24. The company’s 50 day moving average price is $188.18 and its 200-day moving average price is $179.55. The company has a market capitalization of $121.67 billion, a P/E ratio of 48.29, a price-to-earnings-growth ratio of 5.37 and a beta of 1.14.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Wednesday, November 20th. The network technology company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.04. The firm had revenue of $2.14 billion during the quarter, compared to the consensus estimate of $2.12 billion. Palo Alto Networks had a return on equity of 23.36% and a net margin of 32.99%. The business’s revenue was up 13.9% compared to the same quarter last year. During the same period last year, the business posted $0.32 EPS. Analysts forecast that Palo Alto Networks, Inc. will post 1.74 earnings per share for the current year.

Insider Activity at Palo Alto Networks

In related news, EVP Lee Klarich sold 120,000 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $179.70, for a total value of $21,564,000.00. Following the transaction, the executive vice president now owns 365,856 shares of the company’s stock, valued at approximately $65,744,323.20. This trade represents a 24.70 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Nikesh Arora sold 235,492 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $183.32, for a total transaction of $43,170,393.44. Following the sale, the chief executive officer now directly owns 1,086,404 shares of the company’s stock, valued at approximately $199,159,581.28. This represents a 17.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 867,734 shares of company stock worth $161,546,523 over the last quarter. Company insiders own 2.50% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on PANW. Cantor Fitzgerald reissued an “overweight” rating and issued a $222.50 price target on shares of Palo Alto Networks in a research note on Thursday, November 21st. KeyCorp increased their target price on shares of Palo Alto Networks from $200.00 to $217.50 and gave the stock an “overweight” rating in a research note on Friday, October 18th. Royal Bank of Canada reiterated an “outperform” rating and set a $225.00 price objective on shares of Palo Alto Networks in a report on Thursday, November 21st. Guggenheim downgraded Palo Alto Networks from a “neutral” rating to a “sell” rating and set a $130.00 target price for the company. in a research note on Monday, January 6th. Finally, Susquehanna boosted their target price on Palo Alto Networks from $210.00 to $217.50 and gave the company a “positive” rating in a research report on Thursday, November 21st. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating, twenty-nine have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Palo Alto Networks has an average rating of “Moderate Buy” and an average price target of $200.85.

Institutional Investors Weigh In On Palo Alto Networks

Hedge funds have recently bought and sold shares of the business. SJS Investment Consulting Inc. lifted its holdings in shares of Palo Alto Networks by 97.2% during the fourth quarter. SJS Investment Consulting Inc. now owns 140 shares of the network technology company’s stock valued at $25,000 after purchasing an additional 69 shares in the last quarter. Capital Advisors Ltd. LLC lifted its stake in Palo Alto Networks by 113.9% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 77 shares of the network technology company’s stock valued at $26,000 after acquiring an additional 41 shares during the period. Valued Wealth Advisors LLC boosted its holdings in shares of Palo Alto Networks by 246.3% during the 4th quarter. Valued Wealth Advisors LLC now owns 142 shares of the network technology company’s stock valued at $26,000 after acquiring an additional 101 shares during the last quarter. Abound Wealth Management grew its stake in shares of Palo Alto Networks by 97.3% in the fourth quarter. Abound Wealth Management now owns 146 shares of the network technology company’s stock worth $27,000 after acquiring an additional 72 shares during the period. Finally, Atlantic Edge Private Wealth Management LLC raised its holdings in shares of Palo Alto Networks by 265.0% during the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 146 shares of the network technology company’s stock valued at $27,000 after purchasing an additional 106 shares during the last quarter. Institutional investors own 79.82% of the company’s stock.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.

Palo Alto Networks Company Profile

Palo Alto Networks, Inc provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.