Palo Alto Networks Inc (NYSE:PANW) has declined 16.31% since August 28, 2016 and is downtrending. Palo Alto Networks has $235 highest and $119 lowest target. (NYSE:PANW) is worth US$12.16 Billion and has recently risen 0.51% to US$129.28.
Palo Alto Networks, Inc. has a 12-month low of $107.31 and a 12-month high of $165.69. It has underperformed by 33.01% the S&P500. (PANW) Position Increased by QCI Asset Management Inc. Chesley Taft & Limited Liability Co holds 22,820 shares.
The stock decreased 0.46% or $0.5 during the last trading session, reaching $108.94. About 43 shares traded. It has outperformed by 27.93% the S&P500.
Investors sentiment increased to 1.57 in 2016 Q4.
Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $767,975 activity. It dived, as 57 investors sold PANW shares while 159 reduced holdings. 76 funds opened positions while 153 raised stakes. Bluemountain Management Ltd Liability Com reported 175 shares. National Asset Management has an ownership of 2,819 stocks of the network technology firms shares valued at $378,000 after scooping up an extra 127 shares through out the quarter. Advisory invested in 7,117 shares. Sumitomo Life Insur has invested 0.26% in TE Connectivity Ltd (NYSE:TEL). Cypress Wealth Advisors has an ownership of 3,154 stocks of the network technology firms shares valued at $422,000 after scooping up an extra 113 shares through out the quarter. Ibm Retirement Fund invested in 0.05% or 8,164 shares. Out of 4 Wall Street analysts rating Concho Resources, 4 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. Therefore 83% are positive. The firm has “Buy” rating by Credit Suisse given on Wednesday, August 9. BMO Capital Markets maintained it with “Hold” rating and $15000 target in Friday, July 14 report. The consensus analyst target price is $150.84. The firm earned “Outperform” rating on Friday, July 1 by RBC Capital Markets. Robert W. Baird maintained the stock with “Hold” rating in Thursday, June 1 report. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, January 21. As per Thursday, September 10, the company rating was maintained by UBS. It also upped Royal Caribbean Cruises (NYSE:RCL) stake by 133,789 shares and now owns 2.53 million shares. Baldwin Brothers Ma owns 16 shares. Apache Corp (NYSE:APA) was reduced too. (NYSE:ALX) on Thursday, May 11. With the last stock price close up 1.14% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the same time. Glob X Management Co Ltd Co has 0% invested in Palo Alto Networks Inc (NYSE:PANW). Srs Investment Management Llc who had been investing in Palo Alto Networks Inc for a number of months, seems to be less bullish one the $11.81B market cap company. The Company’s security platform consists of three elements: Next-Generation Firewall, Advanced Endpoint Protection and Threat Intelligence Cloud. The Company’s Next-Generation Firewall delivers application, user and content visibility and control, as well as protection against network cyber threats integrated within the firewall through its hardware and software architecture.
Investors sentiment decreased to 0.94 in Q4 2016. Its down 0.26, from 1.2 in 2016Q3. More interesting news about Palo Alto Networks Inc (NYSE:PANW) were released by: Marketwatch.com and their article: “Palo Alto Networks and Twitter show the good and bad of fat stock-based pay …” published on August 15, 2017 as well as Investorplace.com’s news article titled: “Palo Alto Networks Inc (PANW) Stock Will Make a Big Earnings Move” with publication date: August 25, 2017.
Hedge funds have lately modified to their stake in the share. The stock of Palo Alto Networks Inc (NYSE:PANW) has “Market Perform” rating given on Wednesday, March 1 by William Blair. The SI to Torchlight Energy Resources Incorporated’s float is 6.69%. The Massachusetts-based Choate Advsrs has invested 0% in Palo Alto Networks Inc (NYSE:PANW). Pictet And Cie (Europe) has 0.09% invested in Palo Alto Networks Inc (NYSE:PANW). Loomis Sayles And Lp has invested 0.01% of its portfolio in Palo Alto Networks Inc (NYSE:PANW). Wedbush Securities Inc. raised its stake in Palo Alto Networks by 0.4% in the first quarter. Legal & General Group Plc owned approximately 0.40% of Palo Alto Networks worth $49,256,000 as of its most recent filing with the SEC. The network technology company reported $0.61 EPS for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.06.