Rep. Josh Gottheimer (D-NJ) Buys Palo Alto Networks (PANW) Stock
Democratic Congressman Josh Gottheimer reported a purchase of Palo Alto Networks stock in May 2026.
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Rep. Josh Gottheimer (D-NJ) bought between $1,001 and $15,000 of Palo Alto Networks, Inc. ($PANW) stock on May 14, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed June 4, 2026.
Since the trade, $PANW is up 6.2% after 1 week, up 19.4% after 1 month and up 43.6% to date (from the $238.21 close on May 14, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Josh Gottheimer (D-NJ)
- Status:
- Member — House
- State/District:
- NJ-5
- Party:
- democrat
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Jun 4, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Palo Alto Networks, Inc. ($PANW) | Buy | May 14, 2026 | $1,001 - $15,000 |
Summary of the filed report, not the original document. Find the original: House financial disclosure search
PANW
Palo Alto Networks, Inc.
Key Points
- Democratic Congressman Josh Gottheimer bought shares of Palo Alto Networks, Inc. valued between $1,001 and $15,000 on May 14, 2026.
- Palo Alto Networks trades at $287.78 as of Saturday, a notable drop from its previous close of $375.04.
- Analysts maintain a consensus rating of 'buy' for Palo Alto Networks, with a mean price target of $398.52.
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Gottheimer's Recent Purchase
On May 14, 2026, Democratic Congressman Josh Gottheimer bought shares of Palo Alto Networks, Inc. (PANW) valued between $1,001 and $15,000. This transaction reflects his continued interest in the cybersecurity firm, which is based in Santa Clara, California.
Josh Gottheimer vs. the S&P 500
Hypothetical returns from Josh Gottheimer's disclosed trades, not real profit or advice. How we model this.
How This Fits With Recent Trades
This purchase comes after Gottheimer sold shares of Applied Materials and McDonald's, both valued in the same range between $1,001 and $15,000, in September 2026. These sales indicate a shift in his investment focus, especially toward technology and cybersecurity, areas where Palo Alto Networks excels.
Stock Performance and Market Context
Palo Alto Networks shares closed at $287.78 on the day this article was published. This is a significant drop from its previous close of $375.04, reflecting recent market volatility. Investors are watching closely as the stock has a 52-week high of $432.33, suggesting potential for recovery in the coming months. The stock is also trading below its 200-day moving average of $258.98, which may indicate an opportune time for investors considering a buy.
Analysts Set New Price Targets
Multiple analysts are bullish on Palo Alto Networks. On October 15, 2026, Citigroup maintained a 'Buy' rating with a target of $440, up from a prior target of $410. Similarly, Wells Fargo also kept an 'Overweight' rating, raising its target to $525 from $475. TD Cowen and BTIG both maintained 'Buy' ratings with targets of $440 and $425 respectively. Overall, the consensus across 50 analyst opinions is a 'buy' with a mean price target of $398.52.
What Palo Alto Networks, Inc. Does
Palo Alto Networks, Inc. provides a wide range of cybersecurity solutions globally. Their offerings include secure access services, network security management, and threat detection and response systems. Given the increasing importance of cybersecurity, Gottheimer's investment aligns with the growing demand for such technologies.
What's Next for Palo Alto Networks?
Palo Alto Networks is set to report its next earnings on November 19, 2026. Investors will be keen to see if the company can continue its revenue growth and expand its market presence. Remember, Gottheimer's purchase reflects his position as a member of Congress and is part of periodic disclosures required by law. Watch for more updates as the company nears its earnings release.
Related Filing Alerts
Source: Josh Gottheimer's STOCK Act disclosure on $PANW (May 14, 2026). Find the original filing: House financial disclosure search. Written by software, not financial advice. How we make alerts