Palo Alto Networks, Inc

Marco Green
December 18, 2017

Benjamin F. Edwards & Company Inc. now owns 1,232 shares of the network technology company's stock valued at $178,000 after acquiring an additional 1,025 shares during the last quarter. (NYSE:PANW) has declined 16.31% since December 16, 2016 and is downtrending. It has outperformed by 41.94% the S&P500. The California-based Palo Capital Incorporated has invested 0.26% in Palo Alto Networks, Inc. Rainier Investment Management Llc sold 22,100 shares as the company's stock declined 24.72% while stock markets rallied. (NYSE:PANW) for 129,758 shares. The company's revenue for the quarter was up 27.0% on a year-over-year basis. sell-side analysts forecast that Palo Alto Networks, Inc. will post -0.37 EPS for the current fiscal year. The stock increased 1.26% or $1.83 during the last trading session, reaching $147.26. (NYSE:PANW) for 4,969 shares.

Palo Alto Networks, Inc. has a twelve month low of $107.31 and a twelve month high of $157.65. (NYSE:PANW). 20,000 were reported by Firsthand Cap Mngmt. It has underperformed by 33.01% the S&P500.

Since August 10, 2017, it had 0 buys, and 1 insider sale for $2.10 million activity. (NYSE:PANW) or 15,100 shares. It also increased its holding in Universal Display Corp (NASDAQ:OLED) by 4,600 shares in the quarter, for a total of 16,850 shares, and has risen its stake in Ishares (GVI).

Among 31 analysts covering Bank of America (NYSE:BAC), 21 have Buy rating, 0 Sell and 10 Hold. Therefore 0 are positive. FBN Securities raised Palo Alto Networks from a "sector perform" rating to an "outperform" rating in a research note on Tuesday, November 21st. The stock now has an average rating of "Buy" and a consensus price target of $162.84. The stock of The Brink's Company (NYSE:BCO) earned "Buy" rating by Imperial Capital on Wednesday, August 9. The firm has "Hold" rating by Standpoint Research given on Thursday, December 1. Institutional investors own 80.65% of the company's stock. The stock of The Brink's Company (NYSE:BCO) earned "In-Line" rating by Imperial Capital on Thursday, February 9. (NYSE:PANW) on Thursday, June 1 with "Buy" rating. The company was maintained on Monday, February 27 by BMO Capital Markets.

Investors sentiment decreased to 0.94 in Q2 2017. Its down 0.26, from 1.2 in 2017Q1.

COPYRIGHT VIOLATION WARNING: "Premier Asset Management LLC Sells 1,450 Shares of Palo Alto Networks, Inc".

Institutional investors and hedge funds have recently made changes to their positions in the business. Principal Fincl Grp owns 5,590 shares. Diversified Tru Com reported 1,993 shares or 0.02% of all its holdings. Dimensional Fund Advsrs L P stated it has 89,249 shares or 0.01% of all its holdings. (NASDAQ:PRSS). Tower Research Cap Ltd Limited Liability Company (Trc) has invested 0% in CafePress Inc. Com National Bank & Trust accumulated 5,000 shares or 0% of the stock. The Glynn Capital Management Llc holds 183,663 shares with $24.58 million value, up from 151,951 last quarter. Arrowstreet Ltd Partnership has invested 0.02% of its portfolio in The Brink's Company (NYSE:BCO). Finally, Alyeska Investment Group L.P. increased its stake in shares of Palo Alto Networks by 7.2% in the third quarter. Caisse De Depot Et Placement Du Quebec reported 3,200 shares or 0% of all its holdings. Financial Prns Management Limited Com holds 22,618 shares. Rhumbline Advisers holds 0.03% or 106,307 shares in its portfolio. Meiji Yasuda Asset Mgmt Communication invested in 0.04% or 2,815 shares. Kennedy Mgmt invested 0.36% of its portfolio in The Brink's Company (NYSE:BCO). Public Employees Retirement Association Of Colorado reported 0.01% in TripAdvisor, Inc. Art Advisors Lc owns 11,810 shares. Its down 0.03, from 1.15 in 2017Q1. PRSS's profit will be $168,622 for 47.00 P/E if the $0.01 EPS becomes a reality. MCLAUGHLIN MARK D sold $5.24M worth of stock or 35,000 shares.

Since September 8, 2017, it had 0 buys, and 8 sales for $38.67 million activity. Another trade for 1,572 shares valued at $227,920 was sold by Eschenbach Carl M. 27,248 Palo Alto Networks, Inc. (NYSE PANW) traded up $1.83 during midday trading on Friday, hitting $147.26. In the last ninety days, insiders have sold 298,784 shares of company stock worth $44,595,631. $6.36 million worth of Palo Alto Networks, Inc. (NYSE:PANW) was sold by MERESMAN STANLEY J on Tuesday, October 10.

Palo Alto Networks (NYSE:PANW) last posted its quarterly earnings results on Monday, November 20th. Therefore 79% are positive. Palo Alto Networks had a negative net margin of 11.97% and a negative return on equity of 15.77%. JP Morgan has "Overweight" rating and $196 target. Morgan Stanley maintained Palo Alto Networks, Inc. Also, CFO Kathleen Bonanno sold 2,831 shares of Palo Alto Networks stock in a transaction that occurred on Monday, November 27th. (NYSE:PANW) earned "Outperform" rating by Telsey Advisory Group on Wednesday, November 22. Credit Suisse initiated the stock with "Sell" rating in Tuesday, September 5 report. On Friday, July 7 the stock rating was upgraded by Citigroup to "Buy". Jefferies upgraded the shares of PANW in report on Friday, May 19 to "Buy" rating. As per Thursday, September 17, the company rating was maintained by Deutsche Bank. The stock has "Equal-Weight" rating by First Analysis on Wednesday, March 1.

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